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Texas gas well

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OLD OCEAN UNIT

Old Ocean Unit is a gas well in Matagorda County, Texas, operated by Hilcorp Energy Company in the Old Ocean (F-10) field.

1 well

384mcf gas, last 12 months−54% vs prior year
RRC lease
03-203429

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Where it sits

This county

Matagorda CountyMatagordaCalhounBrazoriaWhartonJacksonMatagorda County
Matagorda County
Oil, last 12 months
4 bbl
Gas in Jul 2026
0 mcf

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.

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Production by month

Gas output fell 54% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 54% over the last 12 monthsMonthly gas production and oil for OLD OCEAN UNIT, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 384 mcf in the 12 months through Jul 2026, against 829 mcf in the 12 months before.Last 12 months: 384 mcfmcf per monthbbl per month001002200430064008Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 54% over the last 12 monthsMonthly gas production and oil for OLD OCEAN UNIT, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 384 mcf in the 12 months through Jul 2026, against 829 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001002200430064008Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 4.3% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of OLD OCEAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 4.3% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to lineFlared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of OLD OCEAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 4.3% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Mar 26: fuel to lineFlared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    58% · 665 mcf

  • Lease fuel (1)

    42% · 486 mcf

  • Flared (4)

    0.4% · 5 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on OLD OCEAN UNIT
API numberWell no.Status
42-321-0075129Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers34Jan 1, 2018–
Energy Transfer Marketing & TermCondensateGathers33Dec 1, 2022–
Shell Trading (Us) CompanyCondensateGathers33Jan 1, 2018–
Hilcorp Energy CompanyGas-well gasBuys100Jul 19, 2004–
Hilcorp Energy CompanyGas-well gasGathers100Jul 19, 2004–
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers33Jan 1, 2018Dec 1, 2022

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

21,875 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 Old Ocean Unit
API numberWell no.Acreson the permit
42-321-007512921,875

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

Estimate your royalty

36 months, newest first

Ledger for OLD OCEAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600210$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 20250022100$57.97$4.26
Nov 20251160280$60.06$3.79
Oct 20251181410$60.89$3.19
Sep 20251196500$63.96$2.97
Aug 202511123650$64.86$2.91
Jul 202522125682$68.39$3.20
Jun 20251180441$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 2025342331440$68.24$4.12
Feb 2025542641682$71.53$4.19
Jan 20251140250$75.74$4.13
Dec 20240030210$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 20241157390$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400970$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 202423116872$77.25$1.72
Jan 20247635024615$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 202300540$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Hilcorp Energy Company in Matagorda County

All Hilcorp Energy Company leases →

Old Ocean (F-10) field

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Drilling permits within 10 km