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Texas oil lease

Producing

NECHES OU 48

Neches Ou 48 is an oil lease in Cherokee County, Texas, operated by Peles, LLC in the Neches (Woodbine) field.

1 well

314bbl oil, last 12 months+249% vs prior year
Operator
Peles, LLC
County
Cherokee County
Field
Neches (Woodbine)
RRC lease
06-12939

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Where it sits

This county

Cherokee CountyCherokeeAndersonNacogdochesSmithRuskHendersonCherokee County
Cherokee County
Gas, last 12 months
754 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output rose 249% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 249% over the last 12 monthsMonthly oil production and gas for NECHES OU 48, Aug 2023 to Jul 2026. Oil output rose 249% over the last 12 months. 314 bbl in the 12 months through Jul 2026, against 90 bbl in the 12 months before.Last 12 months: 314 bblbbl per monthmcf per month0010252050307540100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 249% over the last 12 monthsMonthly oil production and gas for NECHES OU 48, Aug 2023 to Jul 2026. Oil output rose 249% over the last 12 months. 314 bbl in the 12 months through Jul 2026, against 90 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010252050307540100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
96% of the gas went to a transmission line in the last 12 monthsShare of NECHES OU 48 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of NECHES OU 48 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 791 mcf

  • Lease fuel (1)

    4.2% · 35 mcf

1 well on this lease

Wells on NECHES OU 48
API numberWell no.Status
42-073-307921Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Jan 1, 2025–
Magnolia Gas Gathering, LLCCasinghead gasGathers100Jul 31, 2019Jan 1, 2025
Magnolia Gas Gathering, LLCCasinghead gasBuys100Jul 31, 2019Jan 1, 2025
Lion Oil Trading & Trans, LLCOilGathers100Jul 31, 2019Jan 1, 2025
Breitburn Operating L.p.Casinghead gasGathers50Aug 1, 2016Jul 31, 2019
Orion Pipeline, LLCCasinghead gasGathers50Aug 1, 2016Jul 31, 2019
Breitburn Operating L.p.Casinghead gasBuys50Aug 1, 2016Jul 31, 2019

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

Who buys my oilOil price check

10 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Neches Ou 48
API numberWell no.Acreson the permit
42-073-30792110

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for NECHES OU 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202601000$80.46$2.89
Jun 2026111526250$84.81$3.15
May 2026343286820$102.13$2.94
Apr 2026333381780$100.32$2.77
Mar 2026313170670$91.38$3.04
Feb 2026242451490$64.51$3.62
Jan 2026262566630$60.04$7.72
Dec 2025323373700$57.97$4.26
Nov 2025313076740$60.06$3.79
Oct 2025303078740$60.89$3.19
Sep 2025303070670$63.96$2.97
Aug 2025323277730$64.86$2.91
Jul 2025303272690$68.39$3.20
Jun 2025312852320$68.17$3.02
May 2025202028260$62.17$3.12
Apr 20259819180$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$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

OperatorPeles, LLCFieldNeches (Woodbine)CountyCherokee County

Peles, LLC in Cherokee County

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Neches (Woodbine) field

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