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Texas oil lease

Producing

PHELPS USMC

Phelps Usmc is an oil lease in Archer County, Texas, operated by Schenk Oil Co. in the Trans-Continental (Caddo) field.

1 well

250bbl oil, last 12 months−7% vs prior year
RRC lease
09-33690

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Where it sits

This county

Archer CountyArcherBaylorJackClayWilbargerWichitaArcher County
Archer County
Oil in Jul 2026
52 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production for PHELPS USMC, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 250 bbl in the 12 months through Jul 2026, against 270 bbl in the 12 months before.Last 12 months: 250 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production for PHELPS USMC, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 250 bbl in the 12 months through Jul 2026, against 270 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 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 May 2021

Operators of this lease over timeVeteran Exploration & Prod, LLC, Jan 2020 to Apr 2021; Schenk Oil Co., May 2021 to Jul 20262020202120222023202420252026Changed May 2021Veteran Exploration & Prod, L…Jan 2020 to Apr 2021Schenk Oil Co.May 2021 to now
Operators of this lease over timeVeteran Exploration & Prod, LLC, Jan 2020 to Apr 2021; Schenk Oil Co., May 2021 to Jul 20262020202120222023202420252026Changed May 2021Veteran Exploration & Prod, LLCJan 2020 to Apr 2021Schenk Oil Co.May 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PHELPS USMC
API numberWell no.Status
42-009-430751Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

170.71 acres on the newest permit

Permits for Phelps Usmc
API numberWell no.Acreson the permit
42-009-430751170.71

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

Estimate your royalty

36 months, newest first

Ledger for PHELPS USMC
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Schenk Oil520$80.46$2.89
Jun 2026Schenk Oil00$84.81$3.15
May 2026Schenk Oil00$102.13$2.94
Apr 2026Schenk Oil081$100.32$2.77
Mar 2026Schenk Oil00$91.38$3.04
Feb 2026Schenk Oil00$64.51$3.62
Jan 2026Schenk Oil00$60.04$7.72
Dec 2025Schenk Oil290$57.97$4.26
Nov 2025Schenk Oil350$60.06$3.79
Oct 2025Schenk Oil21110$60.89$3.19
Sep 2025Schenk Oil570$63.96$2.97
Aug 2025Schenk Oil56136$64.86$2.91
Jul 2025Schenk Oil470$68.39$3.20
Jun 2025Schenk Oil280$68.17$3.02
May 2025Schenk Oil110$62.17$3.12
Apr 2025Schenk Oil00$63.54$3.42
Mar 2025Schenk Oil460$68.24$4.12
Feb 2025Schenk Oil1261$71.53$4.19
Jan 2025Schenk Oil80$75.74$4.13
Dec 2024Schenk Oil10$70.12$3.01
Nov 2024Schenk Oil00$69.95$2.12
Oct 2024Schenk Oil435$71.99$2.20
Sep 2024Schenk Oil610$70.24$2.28
Aug 2024Schenk Oil5292$76.68$1.99
Jul 2024Schenk Oil10099$81.80$2.07
Jun 2024Schenk Oil150$79.77$2.54
May 2024Schenk Oil170$80.02$2.12
Apr 2024Schenk Oil23124$85.35$1.60
Mar 2024Schenk Oil640$81.28$1.49
Feb 2024Schenk Oil7098$77.25$1.72
Jan 2024Schenk Oil480$74.15$3.18
Dec 2023Schenk Oil6598$71.90$2.52
Nov 2023Schenk Oil350$77.69$2.71
Oct 2023Schenk Oil350$85.64$2.98
Sep 2023Schenk Oil00$89.43$2.64
Aug 2023Schenk Oil2462$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

Trans-Continental (Caddo) field

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