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Texas oil lease

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MERCHANT, C. W.

Merchant, C. W. is an oil lease in Reagan County, Texas, operated by Ksabe Energy Partners, LLC in the Spraberry (Trend Area) field.

4 wells

304bbl oil, last 12 months−68% vs prior year
Operator
Ksabe Energy Partners, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-14021

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Where it sits

This county

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

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Nov 13, 2025).

  • Sales

    No sales reported for the last 8 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 68% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 68% over the last 12 monthsMonthly oil production for MERCHANT, C. W., Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 304 bbl in the 12 months through Jul 2026, against 965 bbl in the 12 months before.Last 12 months: 304 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 68% over the last 12 monthsMonthly oil production for MERCHANT, C. W., Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 304 bbl in the 12 months through Jul 2026, against 965 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.

Who has run this lease

The operator changed 2 times, most recently in Aug 2022

Operators of this lease over timeBRP Energy, LLC, Jan 2020 to Feb 2021; Cockrell Production Co., Inc., Mar 2021 to Jul 2022; Ksabe Energy Partners, LLC, Aug 2022 to Jul 20262020202120222023202420252026Changed Mar 2021Changed Aug 2022BRP Energy, LLCJan 2020 to Feb 2021Cockrell Production Co., Inc.Mar 2021 to Jul 2022Ksabe Energy Partners, LLCAug 2022 to now
Operators of this lease over timeBRP Energy, LLC, Jan 2020 to Feb 2021; Cockrell Production Co., Inc., Mar 2021 to Jul 2022; Ksabe Energy Partners, LLC, Aug 2022 to Jul 20262020202120222023202420252026Changed Mar 2021Changed Aug 2022BRP Energy, LLCJan 2020 to Feb 2021Cockrell Production Co., Inc.Mar 2021 to Jul 2022Ksabe Energy Partners, LLCAug 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on MERCHANT, C. W.
API numberWell no.Status
42-383-001412Active
42-383-006423Active
42-383-016334Active
42-383-016411Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Nov 21, 2023–
Ace Gathering, Inc.OilGathers100Jul 20, 2021Nov 21, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 1, 2021Aug 1, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 1, 2021Aug 1, 2022
United Energy Trading LLCOilGathers100Feb 1, 2021Jul 20, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 1, 2017Feb 1, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 1, 2017Feb 1, 2021

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Merchant, C. W.
API numberWell no.Acreson the permit
42-383-001412–
42-383-006423–
42-383-016334–
42-383-016411–

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

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36 months, newest first

Ledger for MERCHANT, C. W.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Ksabe Energy00$80.46$2.89
Jun 2026Ksabe Energy20$84.81$3.15
May 2026Ksabe Energy20$102.13$2.94
Apr 2026Ksabe Energy20$100.32$2.77
Mar 2026Ksabe Energy20$91.38$3.04
Feb 2026Ksabe Energy00$64.51$3.62
Jan 2026Ksabe Energy00$60.04$7.72
Dec 2025Ksabe Energy380$57.97$4.26
Nov 2025Ksabe Energy65113$60.06$3.79
Oct 2025Ksabe Energy480$60.89$3.19
Sep 2025Ksabe Energy92136$63.96$2.97
Aug 2025Ksabe Energy530$64.86$2.91
Jul 2025Ksabe Energy074$68.39$3.20
Jun 2025Ksabe Energy100$68.17$3.02
May 2025Ksabe Energy100$62.17$3.12
Apr 2025Ksabe Energy0106$63.54$3.42
Mar 2025Ksabe Energy900$68.24$4.12
Feb 2025Ksabe Energy900$71.53$4.19
Jan 2025Ksabe Energy120117$75.74$4.13
Dec 2024Ksabe Energy120148$70.12$3.01
Nov 2024Ksabe Energy90103$69.95$2.12
Oct 2024Ksabe Energy93179$71.99$2.20
Sep 2024Ksabe Energy204356$70.24$2.28
Aug 2024Ksabe Energy1380$76.68$1.99
Jul 2024Ksabe Energy270$81.80$2.07
Jun 2024Ksabe Energy130176$79.77$2.54
May 2024Ksabe Energy80182$80.02$2.12
Apr 2024Ksabe Energy299233$85.35$1.60
Mar 2024Ksabe Energy900$81.28$1.49
Feb 2024Ksabe Energy00$77.25$1.72
Jan 2024Ksabe Energy179344$74.15$3.18
Dec 2023Ksabe Energy201341$71.90$2.52
Nov 2023Ksabe Energy1160$77.69$2.71
Oct 2023Ksabe Energy990$85.64$2.98
Sep 2023Ksabe Energy1680$89.43$2.64
Aug 2023Ksabe Energy210384$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

This lease belongs to

OperatorKsabe Energy Partners, LLCFieldSpraberry (Trend Area)CountyReagan County

Ksabe Energy Partners, LLC in Reagan County

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Spraberry (Trend Area) field

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