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Texas oil lease

Producing

MERCHANT

Merchant is an oil lease in Hardin County, Texas, operated by Radco Operations, L.P. in the Sour Lake field.

5 wells

2,323bbl oil, last 12 months−10% vs prior year
RRC lease
03-11110

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Where it sits

This county

Hardin CountyHardinOrangeJasperLibertyTylerNewtonPolkHardin County
Hardin County
Oil in Jun 2026
106 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 10% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production for MERCHANT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 2,108 bbl in the 12 months through Jul 2026, against 2,345 bbl in the 12 months before.Last 12 months: 2,108 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production for MERCHANT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 2,108 bbl in the 12 months through Jul 2026, against 2,345 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

5 wells on this lease

Wells on MERCHANT
API numberWell no.Status
42-199-022958Active
42-199-307781Active
42-199-308052Active
42-199-308173Active
42-199-332309Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Amj INCOilGathers100Sep 5, 2023–
Energy Trans Crude Marketing LLCOilGathers100Jan 26, 2022Sep 5, 2023
Ace Gathering, Inc.OilGathers100Oct 1, 2020Jan 26, 2022
Eastex Crude CompanyOilGathers40Sep 1, 2018Oct 1, 2020
Endeavor Tank & Transport LLCOilGathers30Sep 1, 2018Oct 1, 2020
Shell Trading (Us) CompanyOilGathers30Sep 1, 2018Oct 1, 2020

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

1 acres on the newest permit

Permits for Merchant
API numberWell no.Acreson the permit
42-199-3323091
42-199-022958–
42-199-307781–
42-199-308052–
42-199-308173–
42-199-814333A–

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

Estimate your royalty

36 months, newest first

Ledger for MERCHANT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed––$80.46$2.89
Jun 20261060$84.81$3.15
May 2026223297$102.13$2.94
Apr 2026292336$100.32$2.77
Mar 20261440$91.38$3.04
Feb 202634151$64.51$3.62
Jan 2026263152$60.04$7.72
Dec 2025216305$57.97$4.26
Nov 2025510$60.06$3.79
Oct 2025282318$60.89$3.19
Sep 2025255305$63.96$2.97
Aug 2025242149$64.86$2.91
Jul 2025215306$68.39$3.20
Jun 2025162147$68.17$3.02
May 2025188168$62.17$3.12
Apr 2025164148$63.54$3.42
Mar 2025197164$68.24$4.12
Feb 2025166310$71.53$4.19
Jan 2025203150$75.74$4.13
Dec 2024199147$70.12$3.01
Nov 2024193154$69.95$2.12
Oct 2024182154$71.99$2.20
Sep 2024189318$70.24$2.28
Aug 2024287149$76.68$1.99
Jul 202400$81.80$2.07
Jun 202400$79.77$2.54
May 2024176306$80.02$2.12
Apr 2024186148$85.35$1.60
Mar 2024152149$81.28$1.49
Feb 2024174148$77.25$1.72
Jan 2024191148$74.15$3.18
Dec 2023184147$71.90$2.52
Nov 2023145153$77.69$2.71
Oct 2023184320$85.64$2.98
Sep 2023153162$89.43$2.64
Aug 2023185162$81.39$2.58

No report filed

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

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Nearby

Radco Operations, L.P. in Hardin County

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