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Royalty Clerk

Texas oil lease

Shut in

MERCHANT

Merchant is an oil lease in Reagan County, Texas, operated by Black Arrow Operating, LLC in the Spraberry (Trend Area) field.

2 wells

0bbl oil, last 12 months
Operator
Black Arrow Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-05745

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in May 2026
0 bbl
Reporting since
Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 30 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

Who has run this lease

The operator changed 2 times, most recently in Dec 2021

Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Nov 2020; Watusi Energy LLC, Jan 2021 to Nov 2021; Black Arrow Operating, LLC, Dec 2021 to May 20262020202120222023202420252026Changed Jan 2021Changed Dec 2021Lario Oil & Gas CompanyJan 2020 to Nov 2020Watusi Energy LLCJan 2021 to Nov 2021Black Arrow Operating, LLCDec 2021 to now
Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Nov 2020; Watusi Energy LLC, Jan 2021 to Nov 2021; Black Arrow Operating, LLC, Dec 2021 to May 20262020202120222023202420252026Changed Jan 2021Changed Dec 2021Lario Oil & Gas CompanyJan 2020 to Nov 2020Watusi Energy LLCJan 2021 to Nov 2021Black Arrow Operating, LLCDec 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MERCHANT
API numberWell no.Status
42-383-300611Active
42-383-300642Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 20, 2017–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 20, 2017–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 28, 2020Dec 1, 2022
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Dec 28, 2020

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

Who buys my oilOil price check

What the drilling permits say

Permits for Merchant
API numberWell no.Acreson the permit
42-383-300611–
42-383-300642–

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

Unit decimal checker

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36 months, newest first

Ledger for MERCHANT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026No report––$84.81$3.15
May 2026Black Arrow00$102.13$2.94
Apr 2026Black Arrow00$100.32$2.77
Mar 2026Black Arrow00$91.38$3.04
Feb 2026Black Arrow00$64.51$3.62
Jan 2026Black Arrow00$60.04$7.72
Dec 2025Black Arrow00$57.97$4.26
Nov 2025Black Arrow00$60.06$3.79
Oct 2025Black Arrow00$60.89$3.19
Sep 2025Black Arrow00$63.96$2.97
Aug 2025Black Arrow00$64.86$2.91
Jul 2025Black Arrow00$68.39$3.20
Jun 2025Black Arrow00$68.17$3.02
May 2025Black Arrow00$62.17$3.12
Apr 2025Black Arrow00$63.54$3.42
Mar 2025Black Arrow00$68.24$4.12
Feb 2025Black Arrow00$71.53$4.19
Jan 2025Black Arrow00$75.74$4.13
Dec 2024Black Arrow00$70.12$3.01
Nov 2024Black Arrow00$69.95$2.12
Oct 2024Black Arrow00$71.99$2.20
Sep 2024Black Arrow00$70.24$2.28
Aug 2024Black Arrow00$76.68$1.99
Jul 2024No report––$81.80$2.07
Jun 2024No report––$79.77$2.54
May 2024No report––$80.02$2.12
Apr 2024No report––$85.35$1.60
Mar 2024Black Arrow00$81.28$1.49
Feb 2024Black Arrow00$77.25$1.72
Jan 2024Black Arrow00$74.15$3.18
Dec 2023Black Arrow00$71.90$2.52
Nov 2023Black Arrow00$77.69$2.71
Oct 2023Black Arrow00$85.64$2.98
Sep 2023Black Arrow00$89.43$2.64
Aug 2023Black Arrow00$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

This lease belongs to

OperatorBlack Arrow Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Black Arrow Operating, LLC in Reagan County

No other producing leases from this operator in this county are in our data yet.

Spraberry (Trend Area) field

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