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Texas oil lease

Producing

PANHANDLE

Panhandle is an oil lease in Clay County, Texas, operated by R2q Operating LLC in the Clay County Regular field.

42 wells

660bbl oil, last 12 months−37% vs prior year
Operator
R2q Operating LLC
County
Clay County
Field
Clay County Regular
RRC lease
09-12027

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Where it sits

This county

Clay CountyClayWichitaMontagueArcherClay County
Clay County
Oil in Jun 2026
1 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 37% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production for PANHANDLE, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 559 bbl in the 12 months through Jul 2026, against 894 bbl in the 12 months before.Last 12 months: 559 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production for PANHANDLE, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 559 bbl in the 12 months through Jul 2026, against 894 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 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 Dec 2024

Operators of this lease over timeMassie Oil Company, Jan 2020 to Nov 2024; R2q Operating LLC, Dec 2024 to Jun 20262020202120222023202420252026Changed Dec 2024Massie Oil CompanyJan 2020 to Nov 2024R2q Operating LLCDec 2024 to now
Operators of this lease over timeMassie Oil Company, Jan 2020 to Nov 2024; R2q Operating LLC, Dec 2024 to Jun 20262020202120222023202420252026Changed Dec 2024Massie Oil CompanyJan 2020 to Nov 2024R2q Operating LLCDec 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

42 wells on this lease

Wells on PANHANDLE
API numberWell no.Status
42-077-038017Active
42-077-038028Active
42-077-0380410Active
42-077-0380715Active
42-077-0381222Active
42-077-0381323Active
42-077-0381424Shut-in
42-077-056882Active
42-077-056893Active
42-077-056915Active
42-077-335704 PShut-in
42-077-335715 PShut-in
42-077-335726 PShut-in
42-077-335743 PShut-in
42-077-3357514 PShut-in
42-077-3357713 PActive
42-077-3357812 PShut-in
42-077-3357911 PShut-in
42-077-3358010 PShut-in
42-077-335819 PShut-in
42-077-335828 PShut-in
42-077-3359716 PActive
42-077-3359821 PActive
42-077-3359920 PActive
42-077-3360317 PShut-in
42-077-3360418 PShut-in
42-077-3360522 PShut-in
42-077-3443425PShut-in
42-077-3469219 PActive
42-077-814221Active
42-077-814254Shut-in
42-077-814299Shut-in
42-077-8143212Shut-in
42-077-8143314Shut-in
42-077-8143516Shut-in
42-077-8143617Shut-in
42-077-8143720Active
42-077-8143821Active
42-077-8144225Active
42-077-8144326Shut-in
42-077-8144427Shut-in
42-077-8144529Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Apr 1, 2025–
Transoil Marketing, LLCOilGathers100May 1, 2012Apr 1, 2025

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

Who buys my oilOil price check

229 acres on the newest permit

43 wells are listed on this lease

Permits for Panhandle
API numberWell no.Acreson the permit
42-077-3469219 P229
42-077-3443425P229
42-077-3360317 P229
42-077-3360418 P229
42-077-3360522 P229
42-077-3359821 P229
42-077-3359920 P229
42-077-3359716 P229
42-077-335704 P229
42-077-335715 P229
42-077-335726 P229
42-077-335743 P229

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

Unit decimal checker

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36 months, newest first

Ledger for PANHANDLE
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026R2q Operating10$84.81$3.15
May 2026R2q Operating1050$102.13$2.94
Apr 2026R2q Operating590$100.32$2.77
Mar 2026R2q Operating62167$91.38$3.04
Feb 2026R2q Operating10$64.51$3.62
Jan 2026R2q Operating10$60.04$7.72
Dec 2025R2q Operating50$57.97$4.26
Nov 2025R2q Operating760$60.06$3.79
Oct 2025R2q Operating72172$60.89$3.19
Sep 2025R2q Operating810$63.96$2.97
Aug 2025R2q Operating96167$64.86$2.91
Jul 2025R2q Operating1010$68.39$3.20
Jun 2025R2q Operating113168$68.17$3.02
May 2025R2q Operating103165$62.17$3.12
Apr 2025R2q Operating1010$63.54$3.42
Mar 2025R2q Operating161156$68.24$4.12
Feb 2025R2q Operating00$71.53$4.19
Jan 2025R2q Operating9797$75.74$4.13
Dec 2024R2q Operating170$70.12$3.01
Nov 2024Massie Oil00$69.95$2.12
Oct 2024Massie Oil20$71.99$2.20
Sep 2024Massie Oil7980$70.24$2.28
Aug 2024Massie Oil120121$76.68$1.99
Jul 2024Massie Oil68122$81.80$2.07
Jun 2024Massie Oil170114$79.77$2.54
May 2024Massie Oil60109$80.02$2.12
Apr 2024Massie Oil143118$85.35$1.60
Mar 2024Massie Oil112111$81.28$1.49
Feb 2024Massie Oil109106$77.25$1.72
Jan 2024Massie Oil91125$74.15$3.18
Dec 2023Massie Oil15783$71.90$2.52
Nov 2023Massie Oil79101$77.69$2.71
Oct 2023Massie Oil7185$85.64$2.98
Sep 2023Massie Oil87126$89.43$2.64
Aug 2023Massie Oil12691$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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OperatorR2q Operating LLCFieldClay County RegularCountyClay County

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