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Texas oil lease

Producing

LAY

Lay is an oil lease in Live Oak County, Texas, operated by Paleo Oil Company LLC in the McNeill field.

1 well

649bbl oil, last 12 months+72% vs prior year
Operator
Paleo Oil Company LLC
County
Live Oak County
Field
McNeill
RRC lease
02-09261

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Where it sits

This county

Live Oak CountyLive OakAtascosaGoliadMcMullenKarnesSan PatricioBeeLive Oak County
Live Oak County
Oil in Jul 2026
41 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 72% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 72% over the last 12 monthsMonthly oil production and gas for LAY, Aug 2023 to Jul 2026. Oil output rose 72% over the last 12 months. 649 bbl in the 12 months through Jul 2026, against 377 bbl in the 12 months before.Last 12 months: 649 bblbbl per monthmcf per month0050251005015075200100250125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 72% over the last 12 monthsMonthly oil production and gas for LAY, Aug 2023 to Jul 2026. Oil output rose 72% over the last 12 months. 649 bbl in the 12 months through Jul 2026, against 377 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050251005015075200100250125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of LAY gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of LAY gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Nov 24: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    71% · 361 mcf

  • Processing plant (3)

    29% · 148 mcf

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeWelder Exploration & Prod., Inc., Jan 2020 to May 2021; Paleo Oil Company LLC, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Welder Exploration & Prod., I…Jan 2020 to May 2021Paleo Oil Company LLCJun 2021 to now
Operators of this lease over timeWelder Exploration & Prod., Inc., Jan 2020 to May 2021; Paleo Oil Company LLC, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Welder Exploration & Prod., Inc.Jan 2020 to May 2021Paleo Oil Company LLCJun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LAY
API numberWell no.Status
42-297-347831Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ace Gathering, Inc.OilGathers50Jun 1, 2021–
Dorado Oil CompanyOilGathers50Jun 1, 2021–
Kinder Morgan Texas Pipeline LLCCasinghead gasGathers100Feb 1, 2010Jun 1, 2021
Cokinos Energy, L.l.c.Casinghead gasBuys100May 1, 2016Jun 1, 2021
Genesis Crude Oil, L.p.OilGathers50Oct 11, 2008Jun 1, 2021
Sunray Marketing, LLCOilGathers50Mar 1, 2016Jun 1, 2021

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

Who buys my oilOil price check

200 acres on the newest permit

Permits for Lay
API numberWell no.Acreson the permit
42-297-347831200

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LAY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Paleo Oil410000$80.46$2.89
Jun 2026Paleo Oil420000$84.81$3.15
May 2026Paleo Oil192196000$102.13$2.94
Apr 2026Paleo Oil490000$100.32$2.77
Mar 2026Paleo Oil51176000$91.38$3.04
Feb 2026Paleo Oil750000$64.51$3.62
Jan 2026Paleo Oil270000$60.04$7.72
Dec 2025Paleo Oil330000$57.97$4.26
Nov 2025Paleo Oil36172000$60.06$3.79
Oct 2025Paleo Oil400000$60.89$3.19
Sep 2025Paleo Oil300000$63.96$2.97
Aug 2025Paleo Oil330000$64.86$2.91
Jul 2025Paleo Oil250000$68.39$3.20
Jun 2025Paleo Oil53184000$68.17$3.02
May 2025Paleo Oil00000$62.17$3.12
Apr 2025Paleo Oil550000$63.54$3.42
Mar 2025Paleo Oil50183000$68.24$4.12
Feb 2025Paleo Oil380000$71.53$4.19
Jan 2025Paleo Oil36047470$75.74$4.13
Dec 2024Paleo Oil0051510$70.12$3.01
Nov 2024Paleo Oil0050500$69.95$2.12
Oct 2024Paleo Oil1101901131130$71.99$2.20
Sep 2024Paleo Oil100000$70.24$2.28
Aug 2024Paleo Oil00000$76.68$1.99
Jul 2024Paleo Oil00000$81.80$2.07
Jun 2024Paleo Oil0018180$79.77$2.54
May 2024Paleo Oil001131130$80.02$2.12
Apr 2024Paleo Oil1621761171170$85.35$1.60
Mar 2024Paleo Oil00000$81.28$1.49
Feb 2024Paleo Oil85176000$77.25$1.72
Jan 2024Paleo Oil980000$74.15$3.18
Dec 2023Paleo Oil75174000$71.90$2.52
Nov 2023Paleo Oil830000$77.69$2.71
Oct 2023Paleo Oil116178000$85.64$2.98
Sep 2023Paleo Oil1160000$89.43$2.64
Aug 2023Paleo Oil88170000$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

OperatorPaleo Oil Company LLCFieldMcNeillCountyLive Oak County

Paleo Oil Company LLC in Live Oak County

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McNeill field

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