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Texas oil lease

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PREAS, MARY

Preas, Mary is an oil lease in Wise County, Texas, operated by WT Fitts Operating in the Park Springs (Congl.) field.

2 wells

2bbl oil, last 12 months−97% vs prior year
Operator
WT Fitts Operating
County
Wise County
Field
Park Springs (Congl.)
RRC lease
09-18200

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas, last 12 months
420 mcf
Oil in Apr 2025
0 bbl

Checks stopped on this lease?

  • Sales

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

  • Wells

    All 2 wells on this lease are marked plugged.

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

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Production by month

Oil output fell 97% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for PREAS, MARY, May 2022 to Apr 2025. Oil output fell 97% over the last 12 months. 2 bbl in the 12 months through Apr 2025, against 59 bbl in the 12 months before.Last 12 months: 2 bblbbl per monthmcf per month00550101001515020200Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for PREAS, MARY, May 2022 to Apr 2025. Oil output fell 97% over the last 12 months. 2 bbl in the 12 months through Apr 2025, against 59 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00550101001515020200Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of PREAS, MARY gas by disposition code each month, May 2022 to Apr 2025. All 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%Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
All of the gas went to a transmission line in the last 12 monthsShare of PREAS, MARY gas by disposition code each month, May 2022 to Apr 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Feb 2024

Operators of this lease over timeBah-Pepper Operating, LLC, Jan 2020 to Sep 2020; XYZ Oil, Inc., Oct 2020 to Jan 2024; WT Fitts Operating, Feb 2024 to Apr 2025202020212022202320242025Changed Oct 2020Changed Feb 2024Bah-Pepper Operating, LLCJan 2020 to Sep 2020XYZ Oil, Inc.Oct 2020 to Jan 2024WT Fitts OperatingFeb 2024 to now
Operators of this lease over timeBah-Pepper Operating, LLC, Jan 2020 to Sep 2020; XYZ Oil, Inc., Oct 2020 to Jan 2024; WT Fitts Operating, Feb 2024 to Apr 2025202020212022202320242025Changed Oct 2020Changed Feb 2024Bah-Pepper Operating, LLCJan 2020 to Sep 2020XYZ Oil, Inc.Oct 2020 to Jan 2024WT Fitts OperatingFeb 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PREAS, MARY
API numberWell no.Status
42-497-304781Active
42-497-313792Active

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–
Targa Midstream Services LLCCasinghead gasBuys100Feb 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Feb 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Nov 1, 2023
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2018Nov 1, 2023
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Preas, Mary
API numberWell no.Acreson the permit
42-497-313792160
42-497-304781–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PREAS, MARY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Apr 2025WT Fitts00000$63.54$3.42
Mar 2025WT Fitts00000$68.24$4.12
Feb 2025WT Fitts00000$71.53$4.19
Jan 2025WT Fitts00000$75.74$4.13
Dec 2024WT Fitts00000$70.12$3.01
Nov 2024WT Fitts00000$69.95$2.12
Oct 2024WT Fitts00000$71.99$2.20
Sep 2024WT Fitts00000$70.24$2.28
Aug 2024WT Fitts090770$76.68$1.99
Jul 2024WT Fitts201521520$81.80$2.07
Jun 2024WT Fitts001321320$79.77$2.54
May 2024WT Fitts001291290$80.02$2.12
Apr 2024WT Fitts301261260$85.35$1.60
Mar 2024WT Fitts501691690$81.28$1.49
Feb 2024WT Fitts001171170$77.25$1.72
Jan 2024XYZ Oil,001491490$74.15$3.18
Dec 2023XYZ Oil,901421420$71.90$2.52
Nov 2023XYZ Oil,1501421420$77.69$2.71
Oct 2023XYZ Oil,901671670$85.64$2.98
Sep 2023XYZ Oil,001201200$89.43$2.64
Aug 2023XYZ Oil,101571570$81.39$2.58
Jul 2023XYZ Oil,001301300$76.07$2.55
Jun 2023XYZ Oil,1601491490$70.25$2.18
May 2023XYZ Oil,11511301300$71.58$2.15
Apr 2023XYZ Oil,601611610$79.45$2.16
Mar 2023XYZ Oil,20000$73.28$2.31
Feb 2023XYZ Oil,001201200$76.83$2.38
Jan 2023XYZ Oil,801541540$78.12$3.27
Dec 2022XYZ Oil,001361360$76.44$5.53
Nov 2022XYZ Oil,1201451450$84.37$5.45
Oct 2022XYZ Oil,1201501500$87.55$5.66
Sep 2022XYZ Oil,1201491490$84.26$7.88
Aug 2022XYZ Oil,1301551550$93.67$8.81
Jul 2022XYZ Oil,001411410$101.62$7.28
Jun 2022XYZ Oil,1201341340$114.84$7.70
May 2022XYZ Oil,1301491490$109.55$8.14

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

OperatorWT Fitts OperatingFieldPark Springs (Congl.)CountyWise County

WT Fitts Operating in Wise County

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Park Springs (Congl.) field

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