Texas oil lease
ProducingMERCHANT, C. W. -B-
Merchant, C. W. -B- is an oil lease in Reagan County, Texas, operated by Sahara Operating Company in the Spraberry (Trend Area) field.
4 wells
- Operator
- Sahara Operating Company
- County
- Reagan County
- RRC lease
- 7C-14126
Is your check right?
Where it sits
This county
- Oil in Jun 2026
- 17 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Sales
No sales reported for the last 4 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 29% over the last 12 months
Jul 2026 was not reported.
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-01635 | 1 | Active |
| 42-383-01637 | 2 | Active |
| 42-383-01639 | 3 | Active |
| 42-383-01640 | 4 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Nov 1, 2025 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Oct 1, 2015 | Nov 1, 2025 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Nov 1, 2015 | Nov 1, 2025 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jul 1, 2000 | Nov 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-01635 | 1 | – | Sep 3, 1970 | – |
| 42-383-01637 | 2 | – | Oct 15, 1970 | – |
| 42-383-01639 | 3 | – | Jul 22, 1970 | – |
| 42-383-01640 | 4 | – | Jun 30, 1970 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026No report filed | – | – | $80.46 | $2.89 |
| Jun 2026 | 17 | 0 | $84.81 | $3.15 |
| May 2026 | 20 | 0 | $102.13 | $2.94 |
| Apr 2026 | 21 | 0 | $100.32 | $2.77 |
| Mar 2026 | 36 | 82 | $91.38 | $3.04 |
| Feb 2026 | 31 | 0 | $64.51 | $3.62 |
| Jan 2026 | 15 | 46 | $60.04 | $7.72 |
| Dec 2025 | 24 | 0 | $57.97 | $4.26 |
| Nov 2025 | 25 | 0 | $60.06 | $3.79 |
| Oct 2025 | 39 | 45 | $60.89 | $3.19 |
| Sep 2025 | 70 | 89 | $63.96 | $2.97 |
| Aug 2025 | 21 | 0 | $64.86 | $2.91 |
| Jul 2025 | 24 | 45 | $68.39 | $3.20 |
| Jun 2025 | 19 | 0 | $68.17 | $3.02 |
| May 2025 | 36 | 44 | $62.17 | $3.12 |
| Apr 2025 | 30 | 46 | $63.54 | $3.42 |
| Mar 2025 | 33 | 0 | $68.24 | $4.12 |
| Feb 2025 | 19 | 42 | $71.53 | $4.19 |
| Jan 2025 | 39 | 44 | $75.74 | $4.13 |
| Dec 2024 | 50 | 47 | $70.12 | $3.01 |
| Nov 2024 | 39 | 41 | $69.95 | $2.12 |
| Oct 2024 | 34 | 44 | $71.99 | $2.20 |
| Sep 2024 | 44 | 0 | $70.24 | $2.28 |
| Aug 2024 | 82 | 96 | $76.68 | $1.99 |
| Jul 2024 | 65 | 95 | $81.80 | $2.07 |
| Jun 2024 | 40 | 46 | $79.77 | $2.54 |
| May 2024 | 43 | 0 | $80.02 | $2.12 |
| Apr 2024 | 53 | 88 | $85.35 | $1.60 |
| Mar 2024 | 54 | 45 | $81.28 | $1.49 |
| Feb 2024 | 48 | 47 | $77.25 | $1.72 |
| Jan 2024 | 34 | 44 | $74.15 | $3.18 |
| Dec 2023 | 5 | 0 | $71.90 | $2.52 |
| Nov 2023 | 39 | 49 | $77.69 | $2.71 |
| Oct 2023 | 33 | 0 | $85.64 | $2.98 |
| Sep 2023 | 57 | 86 | $89.43 | $2.64 |
| Aug 2023 | 21 | 0 | $81.39 | $2.58 |
No report filed
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Sahara Operating Company in Reagan County
- HUGHES, JACKSON -24-
3,231 bbl
- BEST UNIVERSITY "5"
1,249 bbl
- MERCHANT, C. W. -A-
662 bbl
- NUNN, J. F. "B"
255 bbl
- MERCHANT, C. W. -D-
220 bbl
Spraberry (Trend Area) field
- BOREN, PAN-AM HUGHES
185 bbl
- COWDEN25
184 bbl
- COPE "84"
354 bbl
- NEAL RANCH "56" Z
353 bbl
- OWENS
352 bbl
- SRH "B"
197 bbl
- SUGG, ELA -M-
348 bbl
- SUGG "2"
4,388 mcf
- SUGG "3"
7,683 mcf
- COOK, THOMAS E. -B-
337 bbl
Leases within 10 km
- MERCHANT UNIT
8,500 bbl · 0.1 km
- DEVIN 25-24-D
20,472 bbl · 0.9 km
- DEVIN 25-24-C
6,616 bbl · 0.9 km
- DEVIN 25-24-E
7,426 bbl · 0.9 km
- DEVIN 25-24-F
23,846 bbl · 0.9 km
- GREG MADDUX 31-32
4,778 bbl · 1 km
- MERCHANT, C. W. -A-
662 bbl · 1 km
- MERCHANT, C. W. -D-
220 bbl · 1.1 km
- DEVIN 25-24
26,244 bbl · 1.1 km
- DEVIN 25-24-H
29,926 bbl · 1.2 km
Drilling permits within 10 km
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County · 6.2 km
Permit 0918888 · Sep 25, 2026
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County · 6.2 km
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County · 6.2 km
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County · 6.2 km
Permit 0918891 · Sep 25, 2026
HILL WEST C 28-35 #4203H
new drill · horizontal · De Central Operating, LLC · Reagan County · 6.2 km
Permit 0918889 · Sep 25, 2026