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Texas oil lease

Producing

OWENS, T.

Owens, T. is an oil lease in Reagan County, Texas, operated by Kstone Energy, LLC in the Spraberry (Trend Area) field.

4 wells

33bbl oil, last 12 months0% vs prior year
RRC lease
7C-05315

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in Jul 2026
2 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Kstone Energy, LLC took over from Remuda Operating Company in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Apr 4, 2025).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production for OWENS, T., Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 33 bbl in the 12 months through Jul 2026, against 33 bbl in the 12 months before.Last 12 months: 33 bblbbl per month05101520Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for OWENS, T., Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 33 bbl in the 12 months through Jul 2026, against 33 bbl in the 12 months before.Last 12 monthsbbl per month05101520Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Mar 2025

Operators of this lease over timeRemuda Operating Company, Jan 2020 to Feb 2025; Kstone Energy, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Remuda Operating CompanyJan 2020 to Feb 2025Kstone Energy, LLCMar 2025 to now
Operators of this lease over timeRemuda Operating Company, Jan 2020 to Feb 2025; Kstone Energy, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Remuda Operating CompanyJan 2020 to Feb 2025Kstone Energy, LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on OWENS, T.
API numberWell no.Status
42-383-112021Active
42-383-112673Active
42-383-113634Active
42-383-114375DActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jul 1, 2000–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Mar 1, 2025

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Owens, T.
API numberWell no.Acreson the permit
42-383-112021–
42-383-112673–
42-383-113492–
42-383-113634–
42-383-114375D–

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

Estimate your royalty

36 months, newest first

Ledger for OWENS, T.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Kstone Energy,20$80.46$2.89
Jun 2026Kstone Energy,20$84.81$3.15
May 2026Kstone Energy,20$102.13$2.94
Apr 2026Kstone Energy,20$100.32$2.77
Mar 2026Kstone Energy,20$91.38$3.04
Feb 2026Kstone Energy,20$64.51$3.62
Jan 2026Kstone Energy,20$60.04$7.72
Dec 2025Kstone Energy,20$57.97$4.26
Nov 2025Kstone Energy,20$60.06$3.79
Oct 2025Kstone Energy,50$60.89$3.19
Sep 2025Kstone Energy,50$63.96$2.97
Aug 2025Kstone Energy,50$64.86$2.91
Jul 2025Kstone Energy,00$68.39$3.20
Jun 2025Kstone Energy,80$68.17$3.02
May 2025Kstone Energy,00$62.17$3.12
Apr 2025Kstone Energy,60$63.54$3.42
Mar 2025Kstone Energy,13349$68.24$4.12
Feb 2025Remuda Operating00$71.53$4.19
Jan 2025Remuda Operating10$75.74$4.13
Dec 2024Remuda Operating10$70.12$3.01
Nov 2024Remuda Operating10$69.95$2.12
Oct 2024Remuda Operating10$71.99$2.20
Sep 2024Remuda Operating10$70.24$2.28
Aug 2024Remuda Operating10$76.68$1.99
Jul 2024Remuda Operating10$81.80$2.07
Jun 2024Remuda Operating10$79.77$2.54
May 2024Remuda Operating10$80.02$2.12
Apr 2024Remuda Operating10$85.35$1.60
Mar 2024Remuda Operating10$81.28$1.49
Feb 2024Remuda Operating10$77.25$1.72
Jan 2024Remuda Operating10$74.15$3.18
Dec 2023Remuda Operating10$71.90$2.52
Nov 2023Remuda Operating10$77.69$2.71
Oct 2023Remuda Operating10$85.64$2.98
Sep 2023Remuda Operating10$89.43$2.64
Aug 2023Remuda Operating10$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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Nearby

Kstone Energy, LLC in Reagan County

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Spraberry (Trend Area) field

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