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Texas oil lease

Producing

PETREE, GRADY

Petree, Grady is an oil lease in Shackelford County, Texas, operated by Oaktree Oil Company in the Shackelford County Regular field.

16 wells

377bbl oil, last 12 months−14% vs prior year
RRC lease
7B-17919

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County
Oil in Jul 2026
33 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production for PETREE, GRADY, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 377 bbl in the 12 months through Jul 2026, against 437 bbl in the 12 months before.Last 12 months: 377 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production for PETREE, GRADY, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 377 bbl in the 12 months through Jul 2026, against 437 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 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.

16 wells on this lease

Wells on PETREE, GRADY
API numberWell no.Status
42-417-341271Shut-in
42-417-343162Shut-in
42-417-343173Active
42-417-344844Active
42-417-348426Shut-in
42-417-356298Active
42-417-3723410Active
42-417-3737412Active
42-417-3737713Active
42-417-3745714Active
42-417-3746216Active
42-417-3748917Active
42-417-3767218Active
42-417-3801819Shut-in
42-417-840925Active
42-417-841837Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Jun 4, 2026–
True Oil Trucking & Mktg, LLCOilGathers100Nov 15, 2017Jun 4, 2026

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

320 acres on the newest permit

17 wells are listed on this lease

Permits for Petree, Grady
API numberWell no.Acreson the permit
42-417-3431720320
42-417-343173320
42-417-3801819320
42-417-3767218320
42-417-343162320
42-417-3748917320
42-417-3746216320
42-417-3745714320
42-417-3737713320
42-417-3737412320
42-417-3723410320
42-417-356298320

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

Estimate your royalty

36 months, newest first

Ledger for PETREE, GRADY
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026330$80.46$2.89
Jun 2026350$84.81$3.15
May 2026260$102.13$2.94
Apr 2026360$100.32$2.77
Mar 202634178$91.38$3.04
Feb 2026300$64.51$3.62
Jan 2026280$60.04$7.72
Dec 2025390$57.97$4.26
Nov 202540$60.06$3.79
Oct 2025370$60.89$3.19
Sep 202534160$63.96$2.97
Aug 2025410$64.86$2.91
Jul 2025390$68.39$3.20
Jun 2025430$68.17$3.02
May 202534141$62.17$3.12
Apr 2025390$63.54$3.42
Mar 2025390$68.24$4.12
Feb 2025270$71.53$4.19
Jan 202526136$75.74$4.13
Dec 2024440$70.12$3.01
Nov 2024430$69.95$2.12
Oct 2024330$71.99$2.20
Sep 202433154$70.24$2.28
Aug 2024370$76.68$1.99
Jul 2024360$81.80$2.07
Jun 2024340$79.77$2.54
May 202443154$80.02$2.12
Apr 2024510$85.35$1.60
Mar 2024320$81.28$1.49
Feb 2024390$77.25$1.72
Jan 202440160$74.15$3.18
Dec 2023220$71.90$2.52
Nov 2023210$77.69$2.71
Oct 2023510$85.64$2.98
Sep 2023480$89.43$2.64
Aug 202318158$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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