Skip to content
Royalty Clerk

Texas oil lease

Producing

MODELO

Modelo is an oil lease in Pecos County, Texas, operated by Gordy Oil Company in the Wolfbone (Trend Area) field.

1 well

8,174bbl oil, last 12 months−33% vs prior year
RRC lease
08-54104

Is your check right?

Check my statement

Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
62,370 mcf
Oil in Jul 2026
996 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for MODELO, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 8,174 bbl in the 12 months through Jul 2026, against 12,184 bbl in the 12 months before.Last 12 months: 8,174 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for MODELO, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 8,174 bbl in the 12 months through Jul 2026, against 12,184 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

75% of the gas went to a transmission line in the last 12 months

Flaring peaked at 87.6% of the gas in May 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
75% of the gas went to a transmission line in the last 12 monthsShare of MODELO gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to a transmission line in the last 12 months. Flaring peaked at 87.6% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 87.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
75% of the gas went to a transmission line in the last 12 monthsShare of MODELO gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to a transmission line in the last 12 months. Flaring peaked at 87.6% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 87.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    75% · 65,935 mcf

  • Flared (4)

    13% · 11,533 mcf

  • Lease fuel (1)

    12% · 11,004 mcf

13.0% of the gas flared in the last 12 months. 21 months above 3%.

1 well on this lease

Wells on MODELO
API numberWell no.Status
42-371-400821HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers50Jan 1, 2021–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Jan 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Jan 1, 2023Oct 1, 2023
Oasis Pipeline, LPCasinghead gasBuys100Jan 1, 2021Jan 1, 2023
Eastex Crude CompanyOilGathers50Jan 1, 2021Jan 1, 2023

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

274.20 acres on the newest permit

Permits for Modelo
API numberWell no.Acreson the permit
42-371-400821H274.20

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

Estimate your royalty

36 months, newest first

Ledger for MODELO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269961,18110,9018,469718$80.46$2.89
Jun 20261,1251,2378,1206,5320$84.81$3.15
May 20265193588700762$102.13$2.94
Apr 2026200244000$100.32$2.77
Mar 2026343294000$91.38$3.04
Feb 2026364359000$64.51$3.62
Jan 20265416164,7093,391272$60.04$7.72
Dec 20257967407,8976,8340$57.97$4.26
Nov 20257257496,8895,9890$60.06$3.79
Oct 20258359637,6335626,114$60.89$3.19
Sep 20258427657,0335,7161,168$63.96$2.97
Aug 20258888868,3188,1940$64.86$2.91
Jul 20259161,0078,4127,438495$68.39$3.20
Jun 20258188338,3085,7821,057$68.17$3.02
May 20259661,0419,3827,028947$62.17$3.12
Apr 20259208018,7717,5390$63.54$3.42
Mar 20251,0311,0359,4968,0090$68.24$4.12
Feb 20259861,0657,6927,4530$71.53$4.19
Jan 20251,0021,00811,3649,879487$75.74$4.13
Dec 20241,0501,01811,8909,544758$70.12$3.01
Nov 20241,1951,19911,1219,814401$69.95$2.12
Oct 20241,1021,10011,2699,337816$71.99$2.20
Sep 20241,1251,1179,9187,3181,163$70.24$2.28
Aug 20241,0731,01211,0669,6040$76.68$1.99
Jul 20241,0381,12611,1008,6701,071$81.80$2.07
Jun 20241,04399610,6769,2680$79.77$2.54
May 20241,1921,14212,79311,203262$80.02$2.12
Apr 20241,1081,16312,40811,3540$85.35$1.60
Mar 20241,3841,37413,55712,3760$81.28$1.49
Feb 20241,4921,49310,2048,614835$77.25$1.72
Jan 20241,2381,3408,1586,270368$74.15$3.18
Dec 20231,5441,40112,73811,827551$71.90$2.52
Nov 20231,7201,66612,18410,0902,037$77.69$2.71
Oct 20231,8011,88713,4539,6593,337$85.64$2.98
Sep 20231,9712,03714,6708,7945,782$89.43$2.64
Aug 20232,0652,00116,19711,3234,874$81.39$2.58

Flared above 3%

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

How to check your stub against this lease

Do your checks match this lease?

Nearby

Gordy Oil Company in Pecos County

All Gordy Oil Company leases →

Wolfbone (Trend Area) field

All leases in this field →

Leases within 10 km

New drilling permits in Pecos County

Newest in the county: this lease has no coordinates.