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Texas gas well

Producing

OLEX U. S.

Olex U. S. is a gas well in Denton County, Texas, operated by Spindletop Oil & Gas Company in the Newark, East (Barnett Shale) field.

1 well

5,267mcf gas, last 12 months−9% vs prior year
Operator
Spindletop Oil & Gas Company
County
Denton County
Field
Newark, East (Barnett Shale)
RRC lease
09-208215

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Where it sits

This county

Denton CountyDentonWiseCollinCookeRockwallMontagueGraysonDenton County
Denton County
Gas in Jul 2026
600 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for OLEX U. S., Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 5,267 mcf in the 12 months through Jul 2026, against 5,785 mcf in the 12 months before.Last 12 months: 5,267 mcfmcf per monthbbl per month002001400260038004Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for OLEX U. S., Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 5,267 mcf in the 12 months through Jul 2026, against 5,785 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002001400260038004Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of OLEX U. S. gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a transmission line in the last 12 monthsShare of OLEX U. S. gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

1 well on this lease

Wells on OLEX U. S.
API numberWell no.Status
42-121-323173Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100Mar 26, 2026–
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2018–
Targa Midstream Services LLCGas-well gasGathers100Oct 1, 2018–
Ptt Premier Trading and Tran LLCCondensateGathers100Jan 1, 2026Mar 26, 2026
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Jan 1, 2026

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

Who buys my oilOil price check

680.28 acres on the newest permit

Check your decimal on this lease
Permits for Olex U. S.
API numberWell no.Acreson the permit
42-121-323173680.28

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

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36 months, newest first

Ledger for OLEX U. S.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026006006000$80.46$2.89
Jun 2026006046040$84.81$3.15
May 2026004424420$102.13$2.94
Apr 2026001721720$100.32$2.77
Mar 2026004144140$91.38$3.04
Feb 2026004024020$64.51$3.62
Jan 2026004104100$60.04$7.72
Dec 2025002312310$57.97$4.26
Nov 2025004214210$60.06$3.79
Oct 2025004714710$60.89$3.19
Sep 2025005615610$63.96$2.97
Aug 2025005395390$64.86$2.91
Jul 2025005565560$68.39$3.20
Jun 2025005065060$68.17$3.02
May 2025004704700$62.17$3.12
Apr 2025004734730$63.54$3.42
Mar 2025404104100$68.24$4.12
Feb 2025002452450$71.53$4.19
Jan 2025003593590$75.74$4.13
Dec 2024004124120$70.12$3.01
Nov 2024004964960$69.95$2.12
Oct 2024005785780$71.99$2.20
Sep 2024005625620$70.24$2.28
Aug 2024007187180$76.68$1.99
Jul 2024005565560$81.80$2.07
Jun 2024004634630$79.77$2.54
May 2024004604600$80.02$2.12
Apr 2024004834830$85.35$1.60
Mar 2024005565560$81.28$1.49
Feb 2024005895890$77.25$1.72
Jan 2024006996990$74.15$3.18
Dec 2023006566560$71.90$2.52
Nov 2023006906900$77.69$2.71
Oct 2023206386380$85.64$2.98
Sep 2023006656650$89.43$2.64
Aug 2023007427420$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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This lease belongs to

OperatorSpindletop Oil & Gas CompanyFieldNewark, East (Barnett Shale)CountyDenton County

Spindletop Oil & Gas Company in Denton County

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