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Texas oil lease

Producing

OSBORNE

Osborne is an oil lease in Gray County, Texas, operated by Red Line Company, Ltd. in the Panhandle Gray County Field field.

2 wells

311bbl oil, last 12 months−17% vs prior year
RRC lease
10-02844

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County
Gas, last 12 months
978 mcf
Oil in Jul 2026
27 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for OSBORNE, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 311 bbl in the 12 months through Jul 2026, against 374 bbl in the 12 months before.Last 12 months: 311 bblbbl per monthmcf per month0020100402006030080400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for OSBORNE, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 311 bbl in the 12 months through Jul 2026, against 374 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020100402006030080400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of OSBORNE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of OSBORNE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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.

2 wells on this lease

Wells on OSBORNE
API numberWell no.Status
42-179-846621Active
42-179-846633Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Jul 1, 2019–
Iacx Rock Creek LLCCasinghead gasBuys100Sep 9, 2022–
Iacx Rock Creek LLCCasinghead gasGathers100Sep 9, 2022–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Sep 9, 2022
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Sep 9, 2022
Plains Marketing, L.p.OilGathers100Jun 1, 2000Jul 1, 2019

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

What the drilling permits say

Permits for Osborne
API numberWell no.Acreson the permit
42-179-846621–
42-179-846633–

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

Estimate your royalty

36 months, newest first

Ledger for OSBORNE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026271717900$80.46$2.89
Jun 20262507000$84.81$3.15
May 20262707600$102.13$2.94
Apr 20263108900$100.32$2.77
Mar 20262909400$91.38$3.04
Feb 20262208100$64.51$3.62
Jan 2026231748100$60.04$7.72
Dec 20252408400$57.97$4.26
Nov 20252007800$60.06$3.79
Oct 20255508900$60.89$3.19
Sep 2025108800$63.96$2.97
Aug 20252706900$64.86$2.91
Jul 20253906900$68.39$3.20
Jun 2025251748500$68.17$3.02
May 20254808400$62.17$3.12
Apr 2025370000$63.54$3.42
Mar 20251308900$68.24$4.12
Feb 202546010800$71.53$4.19
Jan 2025211737400$75.74$4.13
Dec 20242509300$70.12$3.01
Nov 20242805900$69.95$2.12
Oct 20243008800$71.99$2.20
Sep 20243009500$70.24$2.28
Aug 20243209300$76.68$1.99
Jul 2024311739700$81.80$2.07
Jun 20244309900$79.77$2.54
May 202454011100$80.02$2.12
Apr 202462016700$85.35$1.60
Mar 20243717410200$81.28$1.49
Feb 20242508500$77.25$1.72
Jan 202440010900$74.15$3.18
Dec 202338010500$71.90$2.52
Nov 20232409500$77.69$2.71
Oct 20234216328100$85.64$2.98
Sep 202349016600$89.43$2.64
Aug 20232509200$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Red Line Company, Ltd. in Gray County

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Panhandle Gray County Field field

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