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Texas oil lease

Producing

REIDLAND-STATE

Reidland-State is an oil lease in Crane County, Texas, operated by Millwee Oil, Inc. in the Sand Hills (McKnight) field.

2 wells

1,494bbl oil, last 12 months+122% vs prior year
Operator
Millwee Oil, Inc.
County
Crane County
Field
Sand Hills (McKnight)
RRC lease
08-08493

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
1,571 mcf
Oil in Jul 2026
182 bbl

Production by month

Oil output rose 122% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 122% over the last 12 monthsMonthly oil production and gas for REIDLAND-STATE, Aug 2023 to Jul 2026. Oil output rose 122% over the last 12 months. 1,494 bbl in the 12 months through Jul 2026, against 673 bbl in the 12 months before.Last 12 months: 1,494 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 122% over the last 12 monthsMonthly oil production and gas for REIDLAND-STATE, Aug 2023 to Jul 2026. Oil output rose 122% over the last 12 months. 1,494 bbl in the 12 months through Jul 2026, against 673 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of REIDLAND-STATE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of REIDLAND-STATE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

2 wells on this lease

Wells on REIDLAND-STATE
API numberWell no.Status
42-103-038831Active
42-103-324402Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Jan 7, 2026–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Jan 7, 2026
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2015Jan 7, 2026
Plains Marketing, L.p.OilGathers100Jan 1, 2015Jan 7, 2026

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

Who buys my oilOil price check

80 acres on the newest permit

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Permits for Reidland-State
API numberWell no.Acreson the permit
42-103-32440280
42-103-324402 U80
42-103-038831–

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

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36 months, newest first

Ledger for REIDLAND-STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261821963023020$80.46$2.89
Jun 20261651242902900$84.81$3.15
May 2026170179000$102.13$2.94
Apr 2026148180000$100.32$2.77
Mar 2026168122000$91.38$3.04
Feb 2026119131000$64.51$3.62
Jan 202677123000$60.04$7.72
Dec 20251251242212210$57.97$4.26
Nov 2025530000$60.06$3.79
Oct 20252861000$60.89$3.19
Sep 20251351253023020$63.96$2.97
Aug 20251241244564560$64.86$2.91
Jul 202593634844840$68.39$3.20
Jun 20251061243883880$68.17$3.02
May 202540612352350$62.17$3.12
Apr 202553602532530$63.54$3.42
Mar 202542613003000$68.24$4.12
Feb 20254402682680$71.53$4.19
Jan 202557612682680$75.74$4.13
Dec 202434582902900$70.12$3.01
Nov 202475613313310$69.95$2.12
Oct 202470633813810$71.99$2.20
Sep 202437012120$70.24$2.28
Aug 202422602242240$76.68$1.99
Jul 202442602502500$81.80$2.07
Jun 202468602782780$79.77$2.54
May 20243302362360$80.02$2.12
Apr 202451622872870$85.35$1.60
Mar 202435622282280$81.28$1.49
Feb 20243302482480$77.25$1.72
Jan 202456623073070$74.15$3.18
Dec 202358603023020$71.90$2.52
Nov 202336592442440$77.69$2.71
Oct 20233902962960$85.64$2.98
Sep 202337622742740$89.43$2.64
Aug 202360623103100$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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This lease belongs to

OperatorMillwee Oil, Inc.FieldSand Hills (McKnight)CountyCrane County

Millwee Oil, Inc. in Crane County

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Sand Hills (McKnight) field

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