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Texas oil lease

Producing

PALMER

Palmer is an oil lease in Gray County, Texas, operated by Ponderosa TX Operating LLC in the Panhandle Gray County Field field.

8 wells

1,165bbl oil, last 12 months−25% vs prior year
RRC lease
10-00488

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County
Gas, last 12 months
7,459 mcf
Oil in Jun 2026
97 bbl

Production by month

Oil output fell 25% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for PALMER, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 1,047 bbl in the 12 months through Jul 2026, against 1,402 bbl in the 12 months before.Last 12 months: 1,047 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for PALMER, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 1,047 bbl in the 12 months through Jul 2026, against 1,402 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of PALMER gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of PALMER gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

8 wells on this lease

Wells on PALMER
API numberWell no.Status
42-179-305879Active
42-179-3221711Active
42-179-3226310Active
42-179-824712Active
42-179-824724Active
42-179-824735Active
42-179-824746Active
42-179-824757Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers25Jan 1, 2023–
Kimrad Transport, LPOilGathers25Feb 1, 2022–
Mission Petroleum Carriers, Inc.OilGathers25Feb 1, 2022–
Plains Marketing, L.p.OilGathers25Feb 1, 2022–
Iacx Rock Creek LLCCasinghead gasGathers100Sep 1, 2022Jan 1, 2023
Iacx Rock Creek LLCCasinghead gasBuys100Sep 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers25Feb 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers50Oct 1, 2013Feb 1, 2022
Kimrad Transport, LPOilGathers50Jun 1, 2021Feb 1, 2022
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jun 1, 2021

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

83.14 acres on the newest permit

8 wells are listed on this lease

Permits for Palmer
API numberWell no.Acreson the permit
42-179-322631083.14
42-179-322171183.14
42-179-30587983
42-179-824712–
42-179-824724–
42-179-824735–
42-179-824746–
42-179-824757–

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

Estimate your royalty

36 months, newest first

Ledger for PALMER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 202697928538530$84.81$3.15
May 202693923303300$102.13$2.94
Apr 202693934774770$100.32$2.77
Mar 2026102889889880$91.38$3.04
Feb 202677956266260$64.51$3.62
Jan 202685875485480$60.04$7.72
Dec 202596937987980$57.97$4.26
Nov 202595855495490$60.06$3.79
Oct 2025103858898890$60.89$3.19
Sep 2025928592920$63.96$2.97
Aug 2025114898398390$64.86$2.91
Jul 20251181814704700$68.39$3.20
Jun 2025118928448440$68.17$3.02
May 20251301709479470$62.17$3.12
Apr 2025128919069060$63.54$3.42
Mar 202594823823820$68.24$4.12
Feb 2025104904764760$71.53$4.19
Jan 20251201766486480$75.74$4.13
Dec 2024135857477470$70.12$3.01
Nov 2024112912462460$69.95$2.12
Oct 2024981357927920$71.99$2.20
Sep 2024110847817810$70.24$2.28
Aug 20241351738478470$76.68$1.99
Jul 202473915305300$81.80$2.07
Jun 2024104859059050$79.77$2.54
May 2024112859059050$80.02$2.12
Apr 202492856316310$85.35$1.60
Mar 202490916916910$81.28$1.49
Feb 20241061727897890$77.25$1.72
Jan 2024124835125120$74.15$3.18
Dec 202396957137130$71.90$2.52
Nov 202351867407400$77.69$2.71
Oct 20231731648088080$85.64$2.98
Sep 2023121927767760$89.43$2.64
Aug 2023110928998990$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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Ponderosa TX Operating LLC in Gray County

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Panhandle Gray County Field field

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