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Texas oil lease

Producing

PEARSON 128

Pearson 128 is an oil lease in Ochiltree County, Texas, operated by H & L Exploration Company, LLC in the Pan Petro (Cleveland) field.

1 well

806bbl oil, last 12 months−24% vs prior year
Operator
H & L Exploration Company, LLC
County
Ochiltree County
Field
Pan Petro (Cleveland)
RRC lease
10-08712

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Where it sits

This county

Ochiltree CountyOchiltreeHansfordLipscombOchiltree County
Ochiltree County
Gas, last 12 months
11,742 mcf
Oil in Jul 2026
114 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for PEARSON 128, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 806 bbl in the 12 months through Jul 2026, against 1,066 bbl in the 12 months before.Last 12 months: 806 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for PEARSON 128, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 806 bbl in the 12 months through Jul 2026, against 1,066 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
98% of the gas went to a transmission line in the last 12 monthsShare of PEARSON 128 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of PEARSON 128 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line 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.

  • Transmission line (2)

    98% · 11,562 mcf

  • Lease fuel (1)

    1.5% · 180 mcf

1 well on this lease

Wells on PEARSON 128
API numberWell no.Status
42-357-328161HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Jul 1, 2011–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Oct 1, 2023

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

Who buys my oilOil price check

641.50 acres on the newest permit

Permits for Pearson 128
API numberWell no.Acreson the permit
42-357-328161H641.50

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

Unit decimal checker

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36 months, newest first

Ledger for PEARSON 128
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261141811,2761,2610$80.46$2.89
Jun 2026009249090$84.81$3.15
May 20261304194040$102.13$2.94
Apr 20261201789489330$100.32$2.77
Mar 20268101,0149990$91.38$3.04
Feb 20266909869710$64.51$3.62
Jan 2026471849569410$60.04$7.72
Dec 20255309078920$57.97$4.26
Nov 20258201,0381,0230$60.06$3.79
Oct 2025661791,0411,0260$60.89$3.19
Sep 20256801,0811,0660$63.96$2.97
Aug 2025931781,1521,1370$64.86$2.91
Jul 20258501,1671,1520$68.39$3.20
Jun 2025901801,1251,1100$68.17$3.02
May 20251211841,1681,1530$62.17$3.12
Apr 20254301,0521,0370$63.54$3.42
Mar 20255001,1111,0960$68.24$4.12
Feb 2025611879939780$71.53$4.19
Jan 202510901,2041,1890$75.74$4.13
Dec 20241121811,1801,1650$70.12$3.01
Nov 202412201,1611,1460$69.95$2.12
Oct 2024591791,1681,1530$71.99$2.20
Sep 202411801,2021,1870$70.24$2.28
Aug 2024961861,2081,1930$76.68$1.99
Jul 202410401,2421,2270$81.80$2.07
Jun 20241331871,2351,2200$79.77$2.54
May 20242901,0721,0570$80.02$2.12
Apr 2024421888778620$85.35$1.60
Mar 202411201,2051,1900$81.28$1.49
Feb 20245401,0831,0680$77.25$1.72
Jan 2024901821,2791,2640$74.15$3.18
Dec 20231491861,3721,3570$71.90$2.52
Nov 20238201,2071,1920$77.69$2.71
Oct 20231351791,3811,3660$85.64$2.98
Sep 202310901,4101,3950$89.43$2.64
Aug 20231121901,9591,9440$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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Nearby

This lease belongs to

OperatorH & L Exploration Company, LLCFieldPan Petro (Cleveland)CountyOchiltree County

H & L Exploration Company, LLC in Ochiltree County

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Pan Petro (Cleveland) field

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