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Texas oil lease

Producing

REAGAN-MERCER

Reagan-Mercer is an oil lease in Jack County, Texas, operated by Bulwark Oil & Gas, LLC in the Lost Valley (Caddo) field.

1 well

454bbl oil, last 12 months−17% vs prior year
RRC lease
09-25012

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Oil in Jul 2026
23 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production for REAGAN-MERCER, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 454 bbl in the 12 months through Jul 2026, against 549 bbl in the 12 months before.Last 12 months: 454 bblbbl per month0255075100125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production for REAGAN-MERCER, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 454 bbl in the 12 months through Jul 2026, against 549 bbl in the 12 months before.Last 12 monthsbbl per month0255075100125Jan 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 2 times, most recently in Apr 2024

Operators of this lease over timeTLH Production LLC, Jan 2020 to Jul 2020; Mash Oilfield Services, LP, Aug 2020 to Mar 2024; Bulwark Oil & Gas, LLC, Apr 2024 to Jul 20262020202120222023202420252026Changed Aug 2020Changed Apr 2024TLH Production LLCJan 2020 to Jul 2020Mash Oilfield Services, LPAug 2020 to Mar 2024Bulwark Oil & Gas, LLCApr 2024 to now
Operators of this lease over timeTLH Production LLC, Jan 2020 to Jul 2020; Mash Oilfield Services, LP, Aug 2020 to Mar 2024; Bulwark Oil & Gas, LLC, Apr 2024 to Jul 20262020202120222023202420252026Changed Aug 2020Changed Apr 2024TLH Production LLCJan 2020 to Jul 2020Mash Oilfield Services, LPAug 2020 to Mar 2024Bulwark Oil & Gas, LLCApr 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REAGAN-MERCER
API numberWell no.Status
42-237-365341Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100May 1, 2024–
True Oil Trucking & Mktg, LLCOilGathers100Dec 1, 2017May 1, 2024

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

85 acres on the newest permit

Permits for Reagan-Mercer
API numberWell no.Acreson the permit
42-237-36534185

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

Estimate your royalty

36 months, newest first

Ledger for REAGAN-MERCER
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Bulwark Oil23153$80.46$2.89
Jun 2026Bulwark Oil390$84.81$3.15
May 2026Bulwark Oil100$102.13$2.94
Apr 2026Bulwark Oil350$100.32$2.77
Mar 2026Bulwark Oil400$91.38$3.04
Feb 2026Bulwark Oil38164$64.51$3.62
Jan 2026Bulwark Oil400$60.04$7.72
Dec 2025Bulwark Oil410$57.97$4.26
Nov 2025Bulwark Oil430$60.06$3.79
Oct 2025Bulwark Oil42166$60.89$3.19
Sep 2025Bulwark Oil570$63.96$2.97
Aug 2025Bulwark Oil460$64.86$2.91
Jul 2025Bulwark Oil76169$68.39$3.20
Jun 2025Bulwark Oil10$68.17$3.02
May 2025Bulwark Oil10$62.17$3.12
Apr 2025Bulwark Oil220$63.54$3.42
Mar 2025Bulwark Oil580$68.24$4.12
Feb 2025Bulwark Oil62168$71.53$4.19
Jan 2025Bulwark Oil540$75.74$4.13
Dec 2024Bulwark Oil10$70.12$3.01
Nov 2024Bulwark Oil430$69.95$2.12
Oct 2024Bulwark Oil600$71.99$2.20
Sep 2024Bulwark Oil66160$70.24$2.28
Aug 2024Bulwark Oil1050$76.68$1.99
Jul 2024Bulwark Oil40170$81.80$2.07
Jun 2024Bulwark Oil10$79.77$2.54
May 2024Bulwark Oil10$80.02$2.12
Apr 2024Bulwark Oil11$85.35$1.60
Mar 2024Mash Oilfield20$81.28$1.49
Feb 2024Mash Oilfield10$77.25$1.72
Jan 2024Mash Oilfield10$74.15$3.18
Dec 2023Mash Oilfield10$71.90$2.52
Nov 2023Mash Oilfield10$77.69$2.71
Oct 2023Mash Oilfield10$85.64$2.98
Sep 2023Mash Oilfield20$89.43$2.64
Aug 2023Mash Oilfield10$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

Lost Valley (Caddo) field

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