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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

21,588mcf gas, last 12 months−6% vs prior year
Operator
Spindletop Oil & Gas Company
County
Denton County
Field
Newark, East (Barnett Shale)
RRC lease
09-227877

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Where it sits

This county

Denton CountyDentonWiseCollinCookeRockwallMontagueGraysonDenton County
Denton County
Oil, last 12 months
99 bbl
Gas in Jul 2026
1,893 mcf

Production by month

Gas output fell 6% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 6% over the last 12 monthsMonthly gas production and oil for OLEX U. S., Aug 2023 to Jul 2026. Gas output fell 6% over the last 12 months. 21,588 mcf in the 12 months through Jul 2026, against 22,978 mcf in the 12 months before.Last 12 months: 21,588 mcfmcf per monthbbl per month001,000252,000503,000754,000100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 6% over the last 12 monthsMonthly gas production and oil for OLEX U. S., Aug 2023 to Jul 2026. Gas output fell 6% over the last 12 months. 21,588 mcf in the 12 months through Jul 2026, against 22,978 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000252,000503,000754,000100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
92% 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. 92% 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
92% 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. 92% 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)

    92% · 19,851 mcf

  • Lease fuel (1)

    8.0% · 1,737 mcf

1 well on this lease

Wells on OLEX U. S.
API numberWell no.Status
42-121-329936Active

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

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Permits for Olex U. S.
API numberWell no.Acreson the permit
42-121-329936680.28

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 2026001,8931,8930$80.46$2.89
Jun 2026103,7372,2770$84.81$3.15
May 2026009769760$102.13$2.94
Apr 2026004834830$100.32$2.77
Mar 20260382,1552,1550$91.38$3.04
Feb 2026002,3892,2120$64.51$3.62
Jan 20269802,3652,3650$60.04$7.72
Dec 2025001,5401,4400$57.97$4.26
Nov 2025001,4241,4240$60.06$3.79
Oct 2025001,5351,5350$60.89$3.19
Sep 2025001,4471,4470$63.96$2.97
Aug 2025001,6441,6440$64.86$2.91
Jul 2025001,7371,7370$68.39$3.20
Jun 2025001,5131,5130$68.17$3.02
May 20251501,5701,5700$62.17$3.12
Apr 2025001,5791,5790$63.54$3.42
Mar 2025001,9451,8810$68.24$4.12
Feb 2025001,5791,5790$71.53$4.19
Jan 20251302,0902,0900$75.74$4.13
Dec 2024002,0262,0260$70.12$3.01
Nov 2024002,1462,1460$69.95$2.12
Oct 2024302,2552,2550$71.99$2.20
Sep 2024301,8861,8860$70.24$2.28
Aug 2024002,6522,6520$76.68$1.99
Jul 20243005595590$81.80$2.07
Jun 2024007787780$79.77$2.54
May 2024001,5161,5160$80.02$2.12
Apr 20244101,2361,2360$85.35$1.60
Mar 2024001,6771,6770$81.28$1.49
Feb 20241001,3771,3770$77.25$1.72
Jan 2024001,8271,8270$74.15$3.18
Dec 2023001,7111,7110$71.90$2.52
Nov 2023001,6191,6190$77.69$2.71
Oct 2023001,6391,6390$85.64$2.98
Sep 2023001,6031,6030$89.43$2.64
Aug 2023001,7041,7040$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

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