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Texas oil lease

Producing

MERCHANT, 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

343bbl oil, last 12 months−29% vs prior year
RRC lease
7C-14126

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan 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 lease

Production by month

Oil output fell 29% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production for MERCHANT, C. W. -B-, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 319 bbl in the 12 months through Jul 2026, against 449 bbl in the 12 months before.Last 12 months: 319 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production for MERCHANT, C. W. -B-, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 319 bbl in the 12 months through Jul 2026, against 449 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 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.

4 wells on this lease

Wells on MERCHANT, C. W. -B-
API numberWell no.Status
42-383-016351Active
42-383-016372Active
42-383-016393Active
42-383-016404Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Nov 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Nov 1, 2025
Plains Marketing, L.p.OilGathers100Jul 1, 2000Nov 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.

Check your decimal on this lease
Permits for Merchant, C. W. -B-
API numberWell no.Acreson the permit
42-383-016351–
42-383-016372–
42-383-016393–
42-383-016404–

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

Estimate your royalty

36 months, newest first

Ledger for MERCHANT, C. W. -B-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed––$80.46$2.89
Jun 2026170$84.81$3.15
May 2026200$102.13$2.94
Apr 2026210$100.32$2.77
Mar 20263682$91.38$3.04
Feb 2026310$64.51$3.62
Jan 20261546$60.04$7.72
Dec 2025240$57.97$4.26
Nov 2025250$60.06$3.79
Oct 20253945$60.89$3.19
Sep 20257089$63.96$2.97
Aug 2025210$64.86$2.91
Jul 20252445$68.39$3.20
Jun 2025190$68.17$3.02
May 20253644$62.17$3.12
Apr 20253046$63.54$3.42
Mar 2025330$68.24$4.12
Feb 20251942$71.53$4.19
Jan 20253944$75.74$4.13
Dec 20245047$70.12$3.01
Nov 20243941$69.95$2.12
Oct 20243444$71.99$2.20
Sep 2024440$70.24$2.28
Aug 20248296$76.68$1.99
Jul 20246595$81.80$2.07
Jun 20244046$79.77$2.54
May 2024430$80.02$2.12
Apr 20245388$85.35$1.60
Mar 20245445$81.28$1.49
Feb 20244847$77.25$1.72
Jan 20243444$74.15$3.18
Dec 202350$71.90$2.52
Nov 20233949$77.69$2.71
Oct 2023330$85.64$2.98
Sep 20235786$89.43$2.64
Aug 2023210$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.

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Nearby

Spraberry (Trend Area) field

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