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Texas oil lease

Shut in

LAKE

Lake is an oil lease in Jack County, Texas, operated by Best Petroleum Explorations,inc. in the Lost Valley (Caddo) field.

2 wells

0bbl oil, last 12 months
Operator
Best Petroleum Explorations,inc.
County
Jack County
Field
Lost Valley (Caddo)
RRC lease
09-32151

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for LAKE, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Apr 2025, at 30 bbl.Last 12 months: 0 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for LAKE, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Apr 2025, at 30 bbl.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

2 wells on this lease

Wells on LAKE
API numberWell no.Status
42-237-394461Shut-in
42-237-395292Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Transoil Marketing, LLCOilGathers100May 30, 2012
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018

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

Who buys my oilOil price check

480 acres on the newest permit

The wells on this lease state different acreage

The permits state between 241.1 and 480 acres.

Permits for Lake
API numberWell no.Acreson the permit
42-237-394461480
42-237-395292241.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LAKE
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 202600$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$64.86$2.91
Jul 202500$68.39$3.20
Jun 202500$68.17$3.02
May 202500$62.17$3.12
Apr 2025300$63.54$3.42
Mar 2025280$68.24$4.12
Feb 2025410$71.53$4.19
Jan 2025110$75.74$4.13
Dec 202424164$70.12$3.01
Nov 2024290$69.95$2.12
Oct 202400$71.99$2.20
Sep 202410$70.24$2.28
Aug 202411$76.68$1.99
Jul 2024191116$81.80$2.07
Jun 202400$79.77$2.54
May 20248069$80.02$2.12
Apr 202400$85.35$1.60
Mar 202443107$81.28$1.49
Feb 2024490$77.25$1.72
Jan 2024250$74.15$3.18
Dec 202331166$71.90$2.52
Nov 2023220$77.69$2.71
Oct 202300$85.64$2.98
Sep 2023250$89.43$2.64
Aug 202329176$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorBest Petroleum Explorations,inc.FieldLost Valley (Caddo)CountyJack County

Best Petroleum Explorations,inc. in Jack County

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Lost Valley (Caddo) field

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