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Texas oil lease

Producing

PALMER, LUCY, 28 AC.

Palmer, Lucy, 28 Ac. is an oil lease in Caldwell County, Texas, operated by Joe R. Cheatham Oil Company in the Lytton Springs field.

1 well

77bbl oil, last 12 months+196% vs prior year
RRC lease
01-01170

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Where it sits

This county

Caldwell CountyCaldwellComalGonzalesFayetteTravisBastropLeeHaysGuadalupeCaldwell County
Caldwell County
Oil in Jul 2026
7 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 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 rose 196% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 196% over the last 12 monthsMonthly oil production for PALMER, LUCY, 28 AC., Aug 2023 to Jul 2026. Oil output rose 196% over the last 12 months. 77 bbl in the 12 months through Jul 2026, against 26 bbl in the 12 months before.Last 12 months: 77 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 196% over the last 12 monthsMonthly oil production for PALMER, LUCY, 28 AC., Aug 2023 to Jul 2026. Oil output rose 196% over the last 12 months. 77 bbl in the 12 months through Jul 2026, against 26 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 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.

1 well on this lease

Wells on PALMER, LUCY, 28 AC.
API numberWell no.Status
42-055-804221Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Resurgence Oil Marketing Inc.OilGathers50Nov 17, 2023–
Synergy Transfer, LLCOilGathers50Jan 17, 2019–
Ace Gathering, Inc.OilGathers50Apr 1, 2021Nov 17, 2023
Enterprise Crude Oil LLCOilGathers50May 1, 2018Apr 1, 2021
Shell Trading (Us) CompanyOilGathers50Oct 19, 2018Jan 17, 2019

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 Palmer, Lucy, 28 Ac.
API numberWell no.Acreson the permit
42-055-804221–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PALMER, LUCY, 28 AC.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202670$80.46$2.89
Jun 202690$84.81$3.15
May 2026640$102.13$2.94
Apr 2026260$100.32$2.77
Mar 202620$91.38$3.04
Feb 202610$64.51$3.62
Jan 202610$60.04$7.72
Dec 202510$57.97$4.26
Nov 202510$60.06$3.79
Oct 202520$60.89$3.19
Sep 2025845$63.96$2.97
Aug 2025130$64.86$2.91
Jul 202510$68.39$3.20
Jun 202510$68.17$3.02
May 202510$62.17$3.12
Apr 202540$63.54$3.42
Mar 202530$68.24$4.12
Feb 202510$71.53$4.19
Jan 202510$75.74$4.13
Dec 202420$70.12$3.01
Nov 202420$69.95$2.12
Oct 202410$71.99$2.20
Sep 202430$70.24$2.28
Aug 202460$76.68$1.99
Jul 2024329$81.80$2.07
Jun 202410$79.77$2.54
May 202410$80.02$2.12
Apr 202440$85.35$1.60
Mar 202440$81.28$1.49
Feb 202450$77.25$1.72
Jan 202410$74.15$3.18
Dec 202340$71.90$2.52
Nov 202320$77.69$2.71
Oct 202320$85.64$2.98
Sep 2023227$89.43$2.64
Aug 202340$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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