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Texas oil lease

No report in 6+ months

PICO 509

Pico 509 is an oil lease in Shackelford County, Texas, operated by Ridglea Energy I, LLC in the Newark, East (Barnett Shale) field.

1 well

0bbl oil, last 12 months
Operator
Ridglea Energy I, LLC
County
Shackelford County
Field
Newark, East (Barnett Shale)
RRC lease
09-32923

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County
Oil in Feb 2021
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Jul 13, 2022).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 14 months we hold (Jan 2020 to Feb 2021). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

1 well on this lease

Wells on PICO 509
API numberWell no.Status
42-417-393481Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2016–
Targa Midstream Services LLCCasinghead gasGathers100Jan 9, 2013–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jan 9, 2013Dec 1, 2022

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for Pico 509
API numberWell no.Acreson the permit
42-417-393481320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

14 months, newest first

Ledger for PICO 509
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Feb 202100$59.04$5.35
Jan 202100$52.00$2.71
Dec 202000$47.02$2.58
Nov 202000$40.94$2.61
Oct 202000$39.40$2.39
Sep 202000$39.63$1.92
Aug 202000$42.34$2.30
Jul 202000$40.71$1.76
Jun 202000$38.31$1.63
May 202000$28.56$1.75
Apr 202000$16.55$1.74
Mar 202000$29.21$1.79
Feb 202000$50.54$1.91
Jan 202000$57.52$2.02

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

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Nearby

This lease belongs to

OperatorRidglea Energy I, LLCFieldNewark, East (Barnett Shale)CountyShackelford County

Ridglea Energy I, LLC in Shackelford County

No other producing leases from this operator in this county are in our data yet.

Newark, East (Barnett Shale) field

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