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Texas oil lease

Producing

SANTORINI UNIT

Santorini Unit is an oil lease in Dawson County, Texas, operated by Laguna Texas Resources, LLC in the Spraberry (Trend Area) field.

2 wells

47,068bbl oil, last 12 months−37% vs prior year
RRC lease
08-55335

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
91,643 mcf
Oil in Jul 2026
3,574 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Laguna Texas Resources, LLC took over from EOG Resources, Inc. in Oct 2025.

  • Buyer

    Buyer changed: ENLINK GAS MARKETING, LP replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from oil wells on Jul 1, 2025.

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

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Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for SANTORINI UNIT, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 47,068 bbl in the 12 months through Jul 2026, against 75,063 bbl in the 12 months before.Last 12 months: 47,068 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for SANTORINI UNIT, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 47,068 bbl in the 12 months through Jul 2026, against 75,063 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of SANTORINI UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of SANTORINI UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%May 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 74,173 mcf

  • Transmission line (2)

    18% · 16,655 mcf

  • Flared (4)

    0.9% · 811 mcf

  • Lease fuel (1)

    0.0% · 4 mcf

0.9% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timeCGS Operating, LLC, May 2020 to Dec 2022; EOG Resources, Inc., Jan 2023 to Sep 2025; Laguna Texas Resources, LLC, Oct 2025 to Jul 2026202120222023202420252026Changed Jan 2023Changed Oct 2025CGS Operating, LLCMay 2020 to Dec 2022EOG Resources, Inc.Jan 2023 to Sep 2025Laguna Texas Resources, LLCOct 2025 to now
Operators of this lease over timeCGS Operating, LLC, May 2020 to Dec 2022; EOG Resources, Inc., Jan 2023 to Sep 2025; Laguna Texas Resources, LLC, Oct 2025 to Jul 2026202120222023202420252026Changed Jan 2023Changed Oct 2025CGS Operating, LLCMay 2020 to Dec 2022EOG Resources, Inc.Jan 2023 to Sep 2025Laguna Texas Resources, LLCOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on SANTORINI UNIT
API numberWell no.Status
42-115-338101HActive
42-115-33937M 2HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers100Jul 1, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys50Oct 1, 2025–
Enterprise Products Operating LLCCasinghead gasBuys50Oct 1, 2025–
Enlink Permian, LLCCasinghead gasGathers50Oct 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers50Oct 1, 2025–
Enlink Permian, LLCCasinghead gasGathers100Jul 1, 2025Oct 1, 2025
Enlink Gas Marketing, LPCasinghead gasBuys100Jul 1, 2025Oct 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Mar 1, 2021Jul 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Mar 1, 2021Jul 1, 2025
Shell Trading (Us) CompanyOilGathers100Mar 1, 2021Jul 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100May 20, 2020Mar 1, 2021

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

690.48 acres on the newest permit

Permits for Santorini Unit
API numberWell no.Acreson the permit
42-115-33937M 2H690.48
42-115-338101H690.48

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

Estimate your royalty

36 months, newest first

Ledger for SANTORINI UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Laguna Texas3,5743,6245,0445,0440$80.46$2.89
Jun 2026Laguna Texas3,6203,5933,8493,8490$84.81$3.15
May 2026Laguna Texas3,8633,7907,7627,7620$102.13$2.94
Apr 2026Laguna Texas3,5973,6067,2337,2330$100.32$2.77
Mar 2026Laguna Texas3,5463,5617,5417,5410$91.38$3.04
Feb 2026Laguna Texas3,5103,6057,2237,13388$64.51$3.62
Jan 2026Laguna Texas4,0163,9688,7458,64996$60.04$7.72
Dec 2025Laguna Texas4,4464,4709,3049,21787$57.97$4.26
Nov 2025Laguna Texas4,2844,3938,7938,665128$60.06$3.79
Oct 2025Laguna Texas4,4194,2079,1128,976136$60.89$3.19
Sep 2025EOG Resources,4,3174,4268,7798,639140$63.96$2.97
Aug 2025EOG Resources,3,8763,7048,2588,120136$64.86$2.91
Jul 2025EOG Resources,4,8824,99510,42210,272148$68.39$3.20
Jun 2025EOG Resources,3,7953,8167,6067,470134$68.17$3.02
May 2025EOG Resources,4,7234,73610,68310,526155$62.17$3.12
Apr 2025EOG Resources,5,8165,73911,77711,608167$63.54$3.42
Mar 2025EOG Resources,5,8495,87611,59211,424166$68.24$4.12
Feb 2025EOG Resources,4,6654,7309,7009,566132$71.53$4.19
Jan 2025EOG Resources,6,4916,36813,65713,427179$75.74$4.13
Dec 2024EOG Resources,6,5876,77814,51214,284177$70.12$3.01
Nov 2024EOG Resources,6,0476,02813,30613,081176$69.95$2.12
Oct 2024EOG Resources,7,9557,95717,74317,466226$71.99$2.20
Sep 2024EOG Resources,8,0707,98121,09920,856194$70.24$2.28
Aug 2024EOG Resources,10,18310,17626,79326,499243$76.68$1.99
Jul 2024EOG Resources,10,03010,00022,87222,576246$81.80$2.07
Jun 2024EOG Resources,13,42013,58929,59029,226315$79.77$2.54
May 2024EOG Resources,13,06713,03020,97420,625298$80.02$2.12
Apr 2024EOG Resources,14,03713,77717,31216,962301$85.35$1.60
Mar 2024EOG Resources,17,71917,89017,87417,462361$81.28$1.49
Feb 2024EOG Resources,15,56915,34315,09014,99745$77.25$1.72
Jan 2024EOG Resources,2,5182,4803,3773,34813$74.15$3.18
Dec 2023EOG Resources,2,2232,5107,3317,114217$71.90$2.52
Nov 2023EOG Resources,3,0443,7958,1007,869231$77.69$2.71
Oct 2023EOG Resources,3,6753,0649,8359,553282$85.64$2.98
Sep 2023EOG Resources,3,3613,5739,0218,762259$89.43$2.64
Aug 2023EOG Resources,4,1844,11410,67010,393277$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

Laguna Texas Resources, LLC in Dawson County

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