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Texas oil lease

Producing

QUITMAN WATERFLOOD UNIT #1

Quitman Waterflood Unit #1 is an oil lease in Wood County, Texas, operated by Atlas Operating LLC in the Quitman (Sub-Clarksville) field.

3 wells

1,036bbl oil, last 12 months−12% vs prior year
RRC lease
06-05446

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Oil in Jul 2026
8 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 20% of the 9 months before.

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

See why checks stop on this lease

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production for QUITMAN WATERFLOOD UNIT #1, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,036 bbl in the 12 months through Jul 2026, against 1,174 bbl in the 12 months before.Last 12 months: 1,036 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production for QUITMAN WATERFLOOD UNIT #1, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,036 bbl in the 12 months through Jul 2026, against 1,174 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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.

3 wells on this lease

Wells on QUITMAN WATERFLOOD UNIT #1
API numberWell no.Status
42-499-002024Shut-in
42-499-805592Active
42-499-805603Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers50Jun 1, 2021–
Plains Marketing, L.p.OilGathers50May 1, 2024–
Lion Oil Trading & Trans, LLCOilGathers50Jun 1, 2021May 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jan 1, 2021Jun 1, 2021
Plains Marketing, L.p.OilGathers100Dec 1, 2004Jan 1, 2021

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

466.28 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 466 and 466.28 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    11 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Quitman Waterflood Unit #1
API numberWell no.Acreson the permit
42-499-3190920466.28
42-499-8055314466
42-499-002024–
42-499-002245–
42-499-300541IU–
42-499-300552IU–
42-499-300563 I–
42-499-805581–
42-499-805592–
42-499-805603–
42-499-812914 I–

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

Estimate your royalty

36 months, newest first

Ledger for QUITMAN WATERFLOOD UNIT #1
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202686$80.46$2.89
Jun 202600$84.81$3.15
May 2026859$102.13$2.94
Apr 20267974$100.32$2.77
Mar 2026160136$91.38$3.04
Feb 2026120122$64.51$3.62
Jan 202697112$60.04$7.72
Dec 20259068$57.97$4.26
Nov 202599107$60.06$3.79
Oct 202597104$60.89$3.19
Sep 2025113123$63.96$2.97
Aug 2025165141$64.86$2.91
Jul 202584106$68.39$3.20
Jun 2025135107$68.17$3.02
May 2025200352$62.17$3.12
Apr 2025232288$63.54$3.42
Mar 20252513$68.24$4.12
Feb 20258063$71.53$4.19
Jan 2025454$75.74$4.13
Dec 20248367$70.12$3.01
Nov 202410193$69.95$2.12
Oct 20249090$71.99$2.20
Sep 20245428$70.24$2.28
Aug 20244543$76.68$1.99
Jul 20247047$81.80$2.07
Jun 202464111$79.77$2.54
May 202413488$80.02$2.12
Apr 2024252237$85.35$1.60
Mar 2024129165$81.28$1.49
Feb 2024117125$77.25$1.72
Jan 20246827$74.15$3.18
Dec 202343118$71.90$2.52
Nov 20237971$77.69$2.71
Oct 20239445$85.64$2.98
Sep 20236688$89.43$2.64
Aug 202399100$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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