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Texas oil lease

Producing

LAGO

Lago is an oil lease in Starr County, Texas, operated by Mortimer Production Company in the Pedernal (Queen City) field.

2 wells

5,239bbl oil, last 12 months−32% vs prior year
RRC lease
04-13722

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Where it sits

This county

Starr CountyStarrBrooksJim HoggZapataHidalgoStarr County
Starr County
Gas, last 12 months
21,790 mcf
Oil in Jul 2026
213 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for LAGO, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 5,239 bbl in the 12 months through Jul 2026, against 7,674 bbl in the 12 months before.Last 12 months: 5,239 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for LAGO, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 5,239 bbl in the 12 months through Jul 2026, against 7,674 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of LAGO gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of LAGO gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Mar 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 18,156 mcf

  • Lease fuel (1)

    17% · 3,634 mcf

2 wells on this lease

Wells on LAGO
API numberWell no.Status
42-427-345391Active
42-427-345612Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Oct 1, 2021–
Hexl Ng, LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100Jul 1, 2020–
Sherbrooke Partners LLCCasinghead gasBuys100Jul 1, 2020May 1, 2022
Shell Trading (Us) CompanyOilGathers100Jun 1, 2020Oct 1, 2021
Enterprise Products Operating LLCCasinghead gasGathers100Mar 1, 2018Jul 1, 2020
Gulf Coast Energy, Inc.Casinghead gasBuys100Jun 1, 2020Jul 1, 2020
Gulf Coast Energy, Inc.Casinghead gasBuys100Mar 1, 2018Jun 1, 2020
Trafigura Trading LLCOilGathers100Dec 1, 2019Jun 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

349.20 acres on the newest permit

The wells on this lease state different acreage

The permits state between 109.2 and 349.2 acres.

Permits for Lago
API numberWell no.Acreson the permit
42-427-345612349.20
42-427-345391109.20

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for LAGO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262131678877150$80.46$2.89
Jun 20263451741,4221,1710$84.81$3.15
May 20263573422,0991,7650$102.13$2.94
Apr 20264695322,2341,8930$100.32$2.77
Mar 20264685322,3572,0030$91.38$3.04
Feb 202644234732200$64.51$3.62
Jan 20264895302,2491,9020$60.04$7.72
Dec 20255063652,3722,0220$57.97$4.26
Nov 20254525402,1841,8550$60.06$3.79
Oct 20254875512,2671,9350$60.89$3.19
Sep 20254945581,6961,4510$63.96$2.97
Aug 20255175491,7011,4440$64.86$2.91
Jul 20255285301,9451,6530$68.39$3.20
Jun 20255325451,0447870$68.17$3.02
May 20255745341,7501,5020$62.17$3.12
Apr 20255785441,8841,6470$63.54$3.42
Mar 20256687141,8841,6270$68.24$4.12
Feb 20253171945864630$71.53$4.19
Jan 20256677171,9681,6330$75.74$4.13
Dec 20247118952,5372,1680$70.12$3.01
Nov 20247195502,4302,0850$69.95$2.12
Oct 20247597222,4802,1150$71.99$2.20
Sep 20248057302,8342,4860$70.24$2.28
Aug 20248169182,7602,4110$76.68$1.99
Jul 20247778771,6381,2220$81.80$2.07
Jun 20247837172,5322,1490$79.77$2.54
May 20248448971,8501,4500$80.02$2.12
Apr 20248735562,0241,7160$85.35$1.60
Mar 20245677231,3461,1220$81.28$1.49
Feb 20248329241,4861,1450$77.25$1.72
Jan 20249318902,0831,7730$74.15$3.18
Dec 20238881,0882,0641,7600$71.90$2.52
Nov 20238787092,0641,7470$77.69$2.71
Oct 20239648893,1492,7540$85.64$2.98
Sep 20238471,0452,3872,1080$89.43$2.64
Aug 20239278632,9112,5620$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Mortimer Production Company in Starr County

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Pedernal (Queen City) field

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