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Texas oil lease

Producing

LOCKHART STRIP

Lockhart Strip is an oil lease in Hemphill County, Texas, operated by Presidio Petroleum LLC in the Feldman (Tonkawa) field.

1 well

1,227mcf gas, last 12 months−73% vs prior year
RRC lease
10-07356

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Where it sits

This county

Hemphill CountyHemphillLipscombRobertsOchiltreeHemphill County
Hemphill County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 73% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for LOCKHART STRIP, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 1,227 mcf in the 12 months through Jul 2026, against 4,538 mcf in the 12 months before.Last 12 months: 1,227 mcfmcf per monthbbl per month0020010400206003080040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for LOCKHART STRIP, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 1,227 mcf in the 12 months through Jul 2026, against 4,538 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020010400206003080040Jan 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 LOCKHART STRIP 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 LOCKHART STRIP 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 LOCKHART STRIP
API numberWell no.Status
42-211-321631Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jan 1, 2018
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

181.60 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Lockhart Strip
API numberWell no.Acreson the permit
42-211-321631181.60

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for LOCKHART STRIP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600220$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 20260014140$60.04$7.72
Dec 2025001591590$57.97$4.26
Nov 2025002322320$60.06$3.79
Oct 2025002922920$60.89$3.19
Sep 2025002582580$63.96$2.97
Aug 2025002702700$64.86$2.91
Jul 2025802702700$68.39$3.20
Jun 2025505305300$68.17$3.02
May 2025702882880$62.17$3.12
Apr 20251102822820$63.54$3.42
Mar 20251403003000$68.24$4.12
Feb 20251302812810$71.53$4.19
Jan 20251003223220$75.74$4.13
Dec 20241403583580$70.12$3.01
Nov 20241003963960$69.95$2.12
Oct 20243705065060$71.99$2.20
Sep 2024331864954950$70.24$2.28
Aug 20242005105100$76.68$1.99
Jul 20242505105100$81.80$2.07
Jun 20242104974970$79.77$2.54
May 2024311925165160$80.02$2.12
Apr 20241703633630$85.35$1.60
Mar 2024200000$81.28$1.49
Feb 20241804764760$77.25$1.72
Jan 20241705075070$74.15$3.18
Dec 20231705195190$71.90$2.52
Nov 20232005135130$77.69$2.71
Oct 20233005255250$85.64$2.98
Sep 20231404954950$89.43$2.64
Aug 202351935115110$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

Presidio Petroleum LLC in Hemphill County

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Feldman (Tonkawa) field

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