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Texas oil lease

Producing

PANHANDLE

Panhandle is an oil lease in Gray County, Texas, operated by Petco Energy Corporation in the Panhandle Gray County Field field.

6 wells

65bbl oil, last 12 months−79% vs prior year
RRC lease
10-00489

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 79% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 79% over the last 12 monthsMonthly oil production for PANHANDLE, Aug 2023 to Jul 2026. Oil output fell 79% over the last 12 months. 65 bbl in the 12 months through Jul 2026, against 315 bbl in the 12 months before.Last 12 months: 65 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 79% over the last 12 monthsMonthly oil production for PANHANDLE, Aug 2023 to Jul 2026. Oil output fell 79% over the last 12 months. 65 bbl in the 12 months through Jul 2026, against 315 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 Sep 2020

Operators of this lease over timePetco Petroleum Corp., Jan 2020 to Aug 2020; Petco Energy Corporation, Sep 2020 to Jul 20262020202120222023202420252026Changed Sep 2020Petco Petroleum Corp.Jan 2020 to Aug 2020Petco Energy CorporationSep 2020 to now
Operators of this lease over timePetco Petroleum Corp., Jan 2020 to Aug 2020; Petco Energy Corporation, Sep 2020 to Jul 20262020202120222023202420252026Changed Sep 2020Petco Petroleum Corp.Jan 2020 to Aug 2020Petco Energy CorporationSep 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on PANHANDLE
API numberWell no.Status
42-179-046791Active
42-179-302225Active
42-179-81233C 2Active
42-179-824782Active
42-179-824793Active
42-179-824804Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers100May 1, 2025–
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022May 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2016Dec 1, 2022

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

What the drilling permits say

Permits for Panhandle
API numberWell no.Acreson the permit
42-179-046791–
42-179-302225–
42-179-81233C 2–
42-179-824782–
42-179-824793–
42-179-824804–

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

Estimate your royalty

36 months, newest first

Ledger for PANHANDLE
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Petco Energy00$80.46$2.89
Jun 2026Petco Energy0178$84.81$3.15
May 2026Petco Energy350$102.13$2.94
Apr 2026Petco Energy00$100.32$2.77
Mar 2026Petco Energy300$91.38$3.04
Feb 2026Petco Energy00$64.51$3.62
Jan 2026Petco Energy00$60.04$7.72
Dec 2025Petco Energy00$57.97$4.26
Nov 2025Petco Energy00$60.06$3.79
Oct 2025Petco Energy00$60.89$3.19
Sep 2025Petco Energy00$63.96$2.97
Aug 2025Petco Energy00$64.86$2.91
Jul 2025Petco Energy00$68.39$3.20
Jun 2025Petco Energy60$68.17$3.02
May 2025Petco Energy20$62.17$3.12
Apr 2025Petco Energy00$63.54$3.42
Mar 2025Petco Energy10$68.24$4.12
Feb 2025Petco Energy120$71.53$4.19
Jan 2025Petco Energy160$75.74$4.13
Dec 2024Petco Energy66179$70.12$3.01
Nov 2024Petco Energy560$69.95$2.12
Oct 2024Petco Energy110$71.99$2.20
Sep 2024Petco Energy1260$70.24$2.28
Aug 2024Petco Energy190$76.68$1.99
Jul 2024Petco Energy70$81.80$2.07
Jun 2024Petco Energy200$79.77$2.54
May 2024Petco Energy50$80.02$2.12
Apr 2024Petco Energy220$85.35$1.60
Mar 2024Petco Energy16159$81.28$1.49
Feb 2024Petco Energy610$77.25$1.72
Jan 2024Petco Energy230$74.15$3.18
Dec 2023Petco Energy70$71.90$2.52
Nov 2023Petco Energy00$77.69$2.71
Oct 2023Petco Energy00$85.64$2.98
Sep 2023Petco Energy00$89.43$2.64
Aug 2023Petco Energy270$81.39$2.58

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

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Petco Energy Corporation in Gray County

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