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Texas oil lease

Producing

RED RIVER

Red River is an oil lease in Reagan County, Texas, operated by Hannathon Petroleum II, LLC in the Spraberry (Trend Area) field.

8 wells

3,231bbl oil, last 12 months+37% vs prior year
Operator
Hannathon Petroleum II, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-17277

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
6,443 mcf
Oil in Jul 2026
333 bbl

Production by month

Oil output rose 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 37% over the last 12 monthsMonthly oil production and gas for RED RIVER, Aug 2023 to Jul 2026. Oil output rose 37% over the last 12 months. 3,231 bbl in the 12 months through Jul 2026, against 2,352 bbl in the 12 months before.Last 12 months: 3,231 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 37% over the last 12 monthsMonthly oil production and gas for RED RIVER, Aug 2023 to Jul 2026. Oil output rose 37% over the last 12 months. 3,231 bbl in the 12 months through Jul 2026, against 2,352 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 24JulJan 25JulJan 26Jul

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 RED RIVER gas by disposition code each month, Aug 2023 to Jul 2026. 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of RED RIVER gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 Apr 2023

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Hannathon Petroleum II, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023Diamondback E&P LLCJan 2020 to Mar 2023Hannathon Petroleum II, LLCApr 2023 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Hannathon Petroleum II, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023Diamondback E&P LLCJan 2020 to Mar 2023Hannathon Petroleum II, LLCApr 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on RED RIVER
API numberWell no.Status
42-383-368821DActive
42-383-374452RActive
42-383-376783Active
42-383-381494Active
42-383-382985Active
42-383-383056Active
42-383-386107Active
42-383-386238Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Apr 1, 2015
Plains Pipeline L.p.OilGathers50Apr 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

Who buys my oilOil price check

329.38 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 329.38 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 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.

Check your decimal on this lease
Permits for Red River
API numberWell no.Acreson the permit
42-383-386238329.38
42-383-386107329.38
42-383-383056329.38
42-383-382985329.38
42-383-381494329.38
42-383-376783329.38
42-383-374452R329.38
42-383-368821320
42-383-368821D320

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for RED RIVER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hannathon Petroleum333301000$80.46$2.89
Jun 2026Hannathon Petroleum189145000$84.81$3.15
May 2026Hannathon Petroleum345361000$102.13$2.94
Apr 2026Hannathon Petroleum22417157570$100.32$2.77
Mar 2026Hannathon Petroleum2052054504500$91.38$3.04
Feb 2026Hannathon Petroleum2863215385380$64.51$3.62
Jan 2026Hannathon Petroleum2672815695690$60.04$7.72
Dec 2025Hannathon Petroleum2462163153150$57.97$4.26
Nov 2025Hannathon Petroleum3604231,4861,4860$60.06$3.79
Oct 2025Hannathon Petroleum2171291,3001,3000$60.89$3.19
Sep 2025Hannathon Petroleum2663441,2181,2180$63.96$2.97
Aug 2025Hannathon Petroleum2933065105100$64.86$2.91
Jul 2025Hannathon Petroleum3022939409400$68.39$3.20
Jun 2025Hannathon Petroleum3703011,1211,1210$68.17$3.02
May 2025Hannathon Petroleum4195996396390$62.17$3.12
Apr 2025Hannathon Petroleum1731484494490$63.54$3.42
Mar 2025Hannathon Petroleum6186061,5381,5380$68.24$4.12
Feb 2025Hannathon Petroleum94132152150$71.53$4.19
Jan 2025Hannathon Petroleum00000$75.74$4.13
Dec 2024Hannathon Petroleum690000$70.12$3.01
Nov 2024Hannathon Petroleum00000$69.95$2.12
Oct 2024Hannathon Petroleum00000$71.99$2.20
Sep 2024Hannathon Petroleum00000$70.24$2.28
Aug 2024Hannathon Petroleum3074562,6372,6370$76.68$1.99
Jul 2024Hannathon Petroleum4594164,1384,1380$81.80$2.07
Jun 2024Hannathon Petroleum5285363,9343,9340$79.77$2.54
May 2024Hannathon Petroleum4564673,3853,3850$80.02$2.12
Apr 2024Hannathon Petroleum5315713,1863,1860$85.35$1.60
Mar 2024Hannathon Petroleum2752412,6992,6990$81.28$1.49
Feb 2024Hannathon Petroleum3763763,2003,2000$77.25$1.72
Jan 2024Hannathon Petroleum4283783,1183,1180$74.15$3.18
Dec 2023Hannathon Petroleum5413563,6533,6530$71.90$2.52
Nov 2023Hannathon Petroleum5086793,0723,0720$77.69$2.71
Oct 2023Hannathon Petroleum4264513,3563,3560$85.64$2.98
Sep 2023Hannathon Petroleum4143613,5803,5800$89.43$2.64
Aug 2023Hannathon Petroleum4464853,5123,5120$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

This lease belongs to

OperatorHannathon Petroleum II, LLCFieldSpraberry (Trend Area)CountyReagan County

Hannathon Petroleum II, LLC in Reagan County

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Spraberry (Trend Area) field

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