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Texas oil lease

Producing

MCGOWAN

McGowan is an oil lease in Hardeman County, Texas, operated by DDD Exploration, Inc. in the Quanah field.

2 wells

1,131bbl oil, last 12 months−18% vs prior year
Operator
DDD Exploration, Inc.
County
Hardeman County
Field
Quanah
RRC lease
09-27217

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Where it sits

This county

Hardeman CountyHardemanCottleChildressFoardWilbargerHardeman County
Hardeman County
Gas, last 12 months
1,131 mcf
Oil in Jul 2026
70 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for MCGOWAN, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 1,131 bbl in the 12 months through Jul 2026, against 1,377 bbl in the 12 months before.Last 12 months: 1,131 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for MCGOWAN, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 1,131 bbl in the 12 months through Jul 2026, against 1,377 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of MCGOWAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of MCGOWAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 34 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timeRatliff Operating Corp., Jan 2020 to Jul 2025; DDD Exploration, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Ratliff Operating Corp.Jan 2020 to Jul 2025DDD Exploration, Inc.Aug 2025 to now
Operators of this lease over timeRatliff Operating Corp., Jan 2020 to Jul 2025; DDD Exploration, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Ratliff Operating Corp.Jan 2020 to Jul 2025DDD Exploration, Inc.Aug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MCGOWAN
API numberWell no.Status
42-197-309901 AActive
42-197-310932 AActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

80 acres on the newest permit

Permits for McGowan
API numberWell no.Acreson the permit
42-197-310932 A80
42-197-309901 A80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MCGOWAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026DDD Exploration,70070070$80.46$2.89
Jun 2026DDD Exploration,1021681020102$84.81$3.15
May 2026DDD Exploration,54054054$102.13$2.94
Apr 2026DDD Exploration,5716957057$100.32$2.77
Mar 2026DDD Exploration,84084084$91.38$3.04
Feb 2026DDD Exploration,9516695095$64.51$3.62
Jan 2026DDD Exploration,10601060106$60.04$7.72
Dec 2025DDD Exploration,1071711070107$57.97$4.26
Nov 2025DDD Exploration,1011671010101$60.06$3.79
Oct 2025DDD Exploration,11401140114$60.89$3.19
Sep 2025DDD Exploration,1181621180118$63.96$2.97
Aug 2025DDD Exploration,1231691230123$64.86$2.91
Jul 2025Ratliff Operating1631611630163$68.39$3.20
Jun 2025Ratliff Operating1521721520152$68.17$3.02
May 2025Ratliff Operating40040040$62.17$3.12
Apr 2025Ratliff Operating79079079$63.54$3.42
Mar 2025Ratliff Operating1241681240124$68.24$4.12
Feb 2025Ratliff Operating1151691150115$71.53$4.19
Jan 2025Ratliff Operating1431591430143$75.74$4.13
Dec 2024Ratliff Operating2081682080208$70.12$3.01
Nov 2024Ratliff Operating49049049$69.95$2.12
Oct 2024Ratliff Operating1031751030103$71.99$2.20
Sep 2024Ratliff Operating81081081$70.24$2.28
Aug 2024Ratliff Operating1201691200120$76.68$1.99
Jul 2024Ratliff Operating1291701290129$81.80$2.07
Jun 2024Ratliff Operating1361691360136$79.77$2.54
May 2024Ratliff Operating14401440144$80.02$2.12
Apr 2024Ratliff Operating1571621570157$85.35$1.60
Mar 2024Ratliff Operating1913401910191$81.28$1.49
Feb 2024Ratliff Operating1771761770177$77.25$1.72
Jan 2024Ratliff Operating1851761850185$74.15$3.18
Dec 2023Ratliff Operating12601260126$71.90$2.52
Nov 2023Ratliff Operating00000$77.69$2.71
Oct 2023Ratliff Operating00000$85.64$2.98
Sep 2023Ratliff Operating6316363063$89.43$2.64
Aug 2023Ratliff Operating13501350135$81.39$2.58

Flared above 3%

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

OperatorDDD Exploration, Inc.FieldQuanahCountyHardeman County

DDD Exploration, Inc. in Hardeman County

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Quanah field

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