Skip to content
Royalty Clerk

Texas oil lease

Producing

LATHAM 2

Latham 2 is an oil lease in Panola County, Texas, operated by Tower Resources Inc in the Carthage, South (Pettit, Upper) field.

1 well

11bbl oil, last 12 months−42% vs prior year
Operator
Tower Resources Inc
County
Panola County
Field
Carthage, South (Pettit, Upper)
RRC lease
06-13870

Is your check right?

Check my statement

Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas, last 12 months
317 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for LATHAM 2, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 11 bbl in the 12 months through Jul 2026, against 19 bbl in the 12 months before.Last 12 months: 11 bblbbl per monthmcf per month001502100315042005250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for LATHAM 2, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 11 bbl in the 12 months through Jul 2026, against 19 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001502100315042005250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of LATHAM 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of LATHAM 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LATHAM 2
API numberWell no.Status
42-365-339782 UActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Oct 1, 2003

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

Who buys my oilOil price check

445.66 acres on the newest permit

A pooling certificate was filed

Permits for Latham 2
API numberWell no.Acreson the permit
42-365-339782 U445.66

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LATHAM 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600220$80.46$2.89
Jun 202600220$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600220$91.38$3.04
Feb 202600330$64.51$3.62
Jan 20263062620$60.04$7.72
Dec 20253085850$57.97$4.26
Nov 20253082820$60.06$3.79
Oct 20252059590$60.89$3.19
Sep 20250010100$63.96$2.97
Aug 20250010100$64.86$2.91
Jul 20250150000$68.39$3.20
Jun 202500440$68.17$3.02
May 202500770$62.17$3.12
Apr 20253017170$63.54$3.42
Mar 2025315059590$68.24$4.12
Feb 202531501311310$71.53$4.19
Jan 2025301941940$75.74$4.13
Dec 202421501191190$70.12$3.01
Nov 20241040400$69.95$2.12
Oct 20241046460$71.99$2.20
Sep 20240010100$70.24$2.28
Aug 20243010100$76.68$1.99
Jul 20240010100$81.80$2.07
Jun 20240010100$79.77$2.54
May 20240010100$80.02$2.12
Apr 2024302042040$85.35$1.60
Mar 20243068680$81.28$1.49
Feb 2024101211210$77.25$1.72
Jan 2024301211210$74.15$3.18
Dec 20233020200$71.90$2.52
Nov 20231020200$77.69$2.71
Oct 20230020200$85.64$2.98
Sep 20231030300$89.43$2.64
Aug 20233071710$81.39$2.58

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorTower Resources IncFieldCarthage, South (Pettit, Upper)CountyPanola County

Tower Resources Inc in Panola County

All Tower Resources Inc leases →

Carthage, South (Pettit, Upper) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km