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Texas oil lease

Producing

PADGETT UNIT

Padgett Unit is an oil lease in Runnels County, Texas, operated by F&H Operating Company LLC in the Ksum (Upper Caps) field.

2 wells

142bbl oil, last 12 months+125% vs prior year
Operator
F&H Operating Company LLC
County
Runnels County
Field
Ksum (Upper Caps)
RRC lease
7C-16750

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Where it sits

This county

Runnels CountyRunnelsTaylorNolanCallahanColemanCokeRunnels County
Runnels County
Gas, last 12 months
10 mcf
Oil in Jun 2026
2 bbl

Production by month

Oil output rose 125% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 125% over the last 12 monthsMonthly oil production and gas for PADGETT UNIT, Aug 2023 to Jul 2026. Oil output rose 125% over the last 12 months. 137 bbl in the 12 months through Jul 2026, against 61 bbl in the 12 months before.Last 12 months: 137 bblbbl per monthmcf per month002010402060308040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 125% over the last 12 monthsMonthly oil production and gas for PADGETT UNIT, Aug 2023 to Jul 2026. Oil output rose 125% over the last 12 months. 137 bbl in the 12 months through Jul 2026, against 61 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002010402060308040Jan 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 2 months reported

All of the gas went to a transmission line in the 2 months reportedShare of PADGETT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 2 months reported.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 2 months reportedShare of PADGETT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 2 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Dec 2022

Operators of this lease over timeSPH Development, LLC, Jan 2020 to Nov 2022; F&H Operating Company LLC, Dec 2022 to Jun 20262020202120222023202420252026Changed Dec 2022SPH Development, LLCJan 2020 to Nov 2022F&H Operating Company LLCDec 2022 to now
Operators of this lease over timeSPH Development, LLC, Jan 2020 to Nov 2022; F&H Operating Company LLC, Dec 2022 to Jun 20262020202120222023202420252026Changed Dec 2022SPH Development, LLCJan 2020 to Nov 2022F&H Operating Company LLCDec 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PADGETT UNIT
API numberWell no.Status
42-399-35060W 8PGShut-in
42-399-351459Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Jun 1, 2019–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Jameson, LPCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Jameson, LPCasinghead gasGathers100Dec 1, 2022Aug 1, 2024
Wtg Jameson, LPCasinghead gasBuys100Dec 1, 2022Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 1, 2009Jun 1, 2019
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 1, 2009Jun 1, 2019
Plains Marketing, L.p.OilGathers100Jul 1, 2009Jun 1, 2019

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

Who buys my oilOil price check

756.93 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 536 and 756.93 acres.

Permits for Padgett Unit
API numberWell no.Acreson the permit
42-399-351459756.93
42-399-35060W 8PG536

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

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36 months, newest first

Ledger for PADGETT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026F&H Operating20000$84.81$3.15
May 2026F&H Operating30000$102.13$2.94
Apr 2026F&H Operating50000$100.32$2.77
Mar 2026F&H Operating50000$91.38$3.04
Feb 2026F&H Operating50000$64.51$3.62
Jan 2026F&H Operating70000$60.04$7.72
Dec 2025F&H Operating26111000$57.97$4.26
Nov 2025F&H Operating340000$60.06$3.79
Oct 2025F&H Operating4565000$60.89$3.19
Sep 2025F&H Operating20000$63.96$2.97
Aug 2025F&H Operating3010100$64.86$2.91
Jul 2025F&H Operating50000$68.39$3.20
Jun 2025F&H Operating50000$68.17$3.02
May 2025F&H Operating50000$62.17$3.12
Apr 2025F&H Operating60000$63.54$3.42
Mar 2025F&H Operating50000$68.24$4.12
Feb 2025F&H Operating20000$71.53$4.19
Jan 2025F&H Operating50000$75.74$4.13
Dec 2024F&H Operating20000$70.12$3.01
Nov 2024F&H Operating160000$69.95$2.12
Oct 2024F&H Operating50000$71.99$2.20
Sep 2024F&H Operating30000$70.24$2.28
Aug 2024F&H Operating20000$76.68$1.99
Jul 2024F&H Operating20000$81.80$2.07
Jun 2024F&H Operating20000$79.77$2.54
May 2024F&H Operating20000$80.02$2.12
Apr 2024F&H Operating7617739390$85.35$1.60
Mar 2024F&H Operating400000$81.28$1.49
Feb 2024F&H Operating420000$77.25$1.72
Jan 2024F&H Operating90000$74.15$3.18
Dec 2023F&H Operating40000$71.90$2.52
Nov 2023F&H Operating3172000$77.69$2.71
Oct 2023F&H Operating10000$85.64$2.98
Sep 2023F&H Operating30000$89.43$2.64
Aug 2023F&H Operating10000$81.39$2.58

No report filed

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

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Nearby

This lease belongs to

OperatorF&H Operating Company LLCFieldKsum (Upper Caps)CountyRunnels County

F&H Operating Company LLC in Runnels County

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Ksum (Upper Caps) field

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