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Texas oil lease

Producing

PICO "506"

Pico "506" is an oil lease in Shackelford County, Texas, operated by Cooper Oil & Gas, LLC in the Robb (Congl.) field.

1 well

1,072bbl oil, last 12 months−3% vs prior year
RRC lease
7B-30761

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Where it sits

This county

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

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for PICO "506", Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 1,072 bbl in the 12 months through Jul 2026, against 1,108 bbl in the 12 months before.Last 12 months: 1,072 bblbbl per monthmcf per month00501010020150302004025050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for PICO "506", Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 1,072 bbl in the 12 months through Jul 2026, against 1,108 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501010020150302004025050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of PICO "506" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of PICO "506" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeMidville Energy, Llc., Jan 2020 to Jul 2024; Cooper Oil & Gas, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Midville Energy, Llc.Jan 2020 to Jul 2024Cooper Oil & Gas, LLCAug 2024 to now
Operators of this lease over timeMidville Energy, Llc., Jan 2020 to Jul 2024; Cooper Oil & Gas, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Midville Energy, Llc.Jan 2020 to Jul 2024Cooper Oil & Gas, LLCAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PICO "506"
API numberWell no.Status
42-417-390711Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Sep 1, 2024
Targa Midstream Services LLCCasinghead gasBuys100Jul 1, 2021Sep 1, 2024
Energy Trans Crude Marketing LLCOilGathers100Aug 16, 2024Sep 1, 2024
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021Aug 16, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Aug 16, 2024
Targa Midstream Services LLCCasinghead gasBuys100Dec 1, 2017Jul 1, 2021

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

320 acres on the newest permit

Permits for Pico "506"
API numberWell no.Acreson the permit
42-417-390711320

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

Estimate your royalty

36 months, newest first

Ledger for PICO "506"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Cooper Oil950000$80.46$2.89
Jun 2026Cooper Oil108157000$84.81$3.15
May 2026Cooper Oil116176000$102.13$2.94
Apr 2026Cooper Oil136169000$100.32$2.77
Mar 2026Cooper Oil108175000$91.38$3.04
Feb 2026Cooper Oil1220000$64.51$3.62
Jan 2026Cooper Oil50000$60.04$7.72
Dec 2025Cooper Oil00000$57.97$4.26
Nov 2025Cooper Oil810000$60.06$3.79
Oct 2025Cooper Oil94163000$60.89$3.19
Sep 2025Cooper Oil101170000$63.96$2.97
Aug 2025Cooper Oil1060000$64.86$2.91
Jul 2025Cooper Oil92170000$68.39$3.20
Jun 2025Cooper Oil960000$68.17$3.02
May 2025Cooper Oil110169000$62.17$3.12
Apr 2025Cooper Oil90173000$63.54$3.42
Mar 2025Cooper Oil1190000$68.24$4.12
Feb 2025Cooper Oil82166000$71.53$4.19
Jan 2025Cooper Oil1260000$75.74$4.13
Dec 2024Cooper Oil40158000$70.12$3.01
Nov 2024Cooper Oil850000$69.95$2.12
Oct 2024Cooper Oil81170000$71.99$2.20
Sep 2024Cooper Oil950000$70.24$2.28
Aug 2024Cooper Oil92178000$76.68$1.99
Jul 2024Midville Energy,9017029290$81.80$2.07
Jun 2024Midville Energy,90031310$79.77$2.54
May 2024Midville Energy,9718224240$80.02$2.12
Apr 2024Midville Energy,100021210$85.35$1.60
Mar 2024Midville Energy,9618114140$81.28$1.49
Feb 2024Midville Energy,80014140$77.25$1.72
Jan 2024Midville Energy,12718723230$74.15$3.18
Dec 2023Midville Energy,95015150$71.90$2.52
Nov 2023Midville Energy,7918414140$77.69$2.71
Oct 2023Midville Energy,96018180$85.64$2.98
Sep 2023Midville Energy,10718324240$89.43$2.64
Aug 2023Midville Energy,10917142420$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Cooper Oil & Gas, LLC in Shackelford County

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Robb (Congl.) field

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