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Texas oil lease

Producing

MCGOWAN "B"

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

2 wells

652bbl oil, last 12 months−12% vs prior year
Operator
DDD Exploration, Inc.
County
Hardeman County
Field
Quanah
RRC lease
09-27218

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Where it sits

This county

Hardeman CountyHardemanCottleChildressFoardWilbargerHardeman County
Hardeman County
Gas, last 12 months
652 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: DDD Exploration, Inc. took over from Ratliff Operating Corp. in Aug 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Apr 1, 2026 (last P-5 filed Apr 11, 2025).

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

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Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for MCGOWAN "B", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 652 bbl in the 12 months through Jul 2026, against 740 bbl in the 12 months before.Last 12 months: 652 bblbbl per monthmcf per month00252550507575100100125125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for MCGOWAN "B", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 652 bbl in the 12 months through Jul 2026, against 740 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00252550507575100100125125Jan 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 "B" 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 "B" 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. 35 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 "B"
API numberWell no.Status
42-197-310131Shut-in
42-197-311072Active

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 "B"
API numberWell no.Acreson the permit
42-197-31107280
42-197-31013180

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

Unit decimal checker

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36 months, newest first

Ledger for MCGOWAN "B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026DDD Exploration,00000$80.46$2.89
Jun 2026DDD Exploration,2116721021$84.81$3.15
May 2026DDD Exploration,57057057$102.13$2.94
Apr 2026DDD Exploration,56056056$100.32$2.77
Mar 2026DDD Exploration,7017070070$91.38$3.04
Feb 2026DDD Exploration,60060060$64.51$3.62
Jan 2026DDD Exploration,56056056$60.04$7.72
Dec 2025DDD Exploration,6715967067$57.97$4.26
Nov 2025DDD Exploration,62062062$60.06$3.79
Oct 2025DDD Exploration,6316263063$60.89$3.19
Sep 2025DDD Exploration,69069069$63.96$2.97
Aug 2025DDD Exploration,71071071$64.86$2.91
Jul 2025Ratliff Operating7215772072$68.39$3.20
Jun 2025Ratliff Operating69069069$68.17$3.02
May 2025Ratliff Operating3115931031$62.17$3.12
Apr 2025Ratliff Operating40040040$63.54$3.42
Mar 2025Ratliff Operating72072072$68.24$4.12
Feb 2025Ratliff Operating7116471071$71.53$4.19
Jan 2025Ratliff Operating64064064$75.74$4.13
Dec 2024Ratliff Operating7917179079$70.12$3.01
Nov 2024Ratliff Operating30030030$69.95$2.12
Oct 2024Ratliff Operating75075075$71.99$2.20
Sep 2024Ratliff Operating6616566066$70.24$2.28
Aug 2024Ratliff Operating71071071$76.68$1.99
Jul 2024Ratliff Operating82082082$81.80$2.07
Jun 2024Ratliff Operating6116661061$79.77$2.54
May 2024Ratliff Operating70070070$80.02$2.12
Apr 2024Ratliff Operating8216882082$85.35$1.60
Mar 2024Ratliff Operating77077077$81.28$1.49
Feb 2024Ratliff Operating8516985085$77.25$1.72
Jan 2024Ratliff Operating76076076$74.15$3.18
Dec 2023Ratliff Operating52052052$71.90$2.52
Nov 2023Ratliff Operating6917369069$77.69$2.71
Oct 2023Ratliff Operating66066066$85.64$2.98
Sep 2023Ratliff Operating7516275075$89.43$2.64
Aug 2023Ratliff Operating11501150115$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 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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