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Texas oil lease

Producing

OLD OCEAN UNIT

Old Ocean Unit is an oil lease in Brazoria County, Texas, operated by Hilcorp Energy Company in the Old Ocean (F-24) field.

3 wells

6,993bbl oil, last 12 months−11% vs prior year
RRC lease
03-23849

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Where it sits

This county

Brazoria CountyBrazoriaMatagordaGalvestonFort BendBrazoria County
Brazoria County
Gas, last 12 months
4,234 mcf
Oil in Jul 2026
594 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for OLD OCEAN UNIT, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 6,993 bbl in the 12 months through Jul 2026, against 7,884 bbl in the 12 months before.Last 12 months: 6,993 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for OLD OCEAN UNIT, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 6,993 bbl in the 12 months through Jul 2026, against 7,884 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 3.0% of the gas in Jul 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of OLD OCEAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 3.0% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to fuelFlared 3.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of OLD OCEAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 3.0% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Jul 26: line to fuelFlared 3.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    62% · 2,617 mcf

  • Transmission line (2)

    38% · 1,612 mcf

  • Flared (4)

    0.1% · 5 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

3 wells on this lease

Wells on OLD OCEAN UNIT
API numberWell no.Status
42-039-32693235Shut-in
42-039-32715237Active
42-039-33113260HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers34Jan 1, 2018–
Energy Transfer Marketing & TermOilGathers33Dec 1, 2022–
Shell Trading (Us) CompanyOilGathers33Jan 1, 2018–
Hilcorp Energy CompanyCasinghead gasBuys100Mar 1, 2002–
Hilcorp Energy CompanyCasinghead gasGathers100Apr 24, 2000–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers33Jan 1, 2018Dec 1, 2022

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

21,875 acres on the newest permit

A pooling certificate was filed

Permits for Old Ocean Unit
API numberWell no.Acreson the permit
42-039-33113260H21,875
42-039-3269323521,875
42-039-3271523721,875

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 20265945272991291$80.46$2.89
Jun 20266047103201800$84.81$3.15
May 20265213637653641$102.13$2.94
Apr 20265937156683260$100.32$2.77
Mar 20265985327322501$91.38$3.04
Feb 2026558537383862$64.51$3.62
Jan 20265845393021370$60.04$7.72
Dec 20256097032951380$57.97$4.26
Nov 2025610534210$60.06$3.79
Oct 202551753510300$60.89$3.19
Sep 2025594528110$63.96$2.97
Aug 202561170136400$64.86$2.91
Jul 20256157103732035$68.39$3.20
Jun 20256185451,01856110$68.17$3.02
May 20256475542,0071,1721$62.17$3.12
Apr 20256017412,3291,31811$63.54$3.42
Mar 20256807362,3911,4820$68.24$4.12
Feb 20256233781,9081,21317$71.53$4.19
Jan 20256737297783483$75.74$4.13
Dec 20246807135854130$70.12$3.01
Nov 20246595345733957$69.95$2.12
Oct 202469186768420$71.99$2.20
Sep 20246757121501010$70.24$2.28
Aug 20247227124753441$76.68$1.99
Jul 202465270943130813$81.80$2.07
Jun 20247177104603620$79.77$2.54
May 20247687215544435$80.02$2.12
Apr 20247637186084871$85.35$1.60
Mar 20248268815193970$81.28$1.49
Feb 202483687470853211$77.25$1.72
Jan 202420409900$74.15$3.18
Dec 202311417528500$71.90$2.52
Nov 20234175275782310$77.69$2.71
Oct 2023160181299921$85.64$2.98
Sep 2023248175459371$89.43$2.64
Aug 20234163688574760$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 Brazoria County

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Old Ocean (F-24) field

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