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Texas oil lease

Producing

SASI RANCH UNIT

Sasi Ranch Unit is an oil lease in Wood County, Texas, operated by Montare Operating, Ltd. in the Neuhoff (Woodbine) field.

5 wells

50,930bbl oil, last 12 months−7% vs prior year
Operator
Montare Operating, Ltd.
County
Wood County
Field
Neuhoff (Woodbine)
RRC lease
06-15054

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
80,279 mcf
Oil in Jul 2026
1,662 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for SASI RANCH UNIT, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 50,930 bbl in the 12 months through Jul 2026, against 54,837 bbl in the 12 months before.Last 12 months: 50,930 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for SASI RANCH UNIT, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 50,930 bbl in the 12 months through Jul 2026, against 54,837 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 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 SASI RANCH UNIT 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 SASI RANCH UNIT 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.

Who has run this lease

The operator changed once, most recently in Dec 2023

Operators of this lease over timeBlackwell Exp & Development, LLC, Jan 2020 to Nov 2023; Montare Operating, Ltd., Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Blackwell Exp & Development,…Jan 2020 to Nov 2023Montare Operating, Ltd.Dec 2023 to now
Operators of this lease over timeBlackwell Exp & Development, LLC, Jan 2020 to Nov 2023; Montare Operating, Ltd., Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Blackwell Exp & Development, LLCJan 2020 to Nov 2023Montare Operating, Ltd.Dec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on SASI RANCH UNIT
API numberWell no.Status
42-499-317852SXActive
42-499-320993Shut-in
42-499-321004Shut-in
42-499-321015STActive
42-499-321156STShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Montare Operating, Ltd.OilGathers99Sep 1, 2026–
Eastex Crude Company, LLCOilGathers1Sep 1, 2026–
Montare Operating, Ltd.Casinghead gasBuys100Oct 1, 2024–
Montare Operating, Ltd.Casinghead gasGathers100Dec 2, 2024–
Montare Operating, Ltd.OilGathers95Dec 1, 2023Sep 1, 2026
Plains Marketing, L.p.OilGathers5Dec 31, 2017Sep 1, 2026
Atmos Pipeline - TexasCasinghead gasGathers25Jun 1, 2020Dec 2, 2024
Gulf South Pipeline Company, LLCCasinghead gasGathers75Jun 1, 2020Dec 2, 2024
Phoenix Gas Pipeline CompanyCasinghead gasBuys100Dec 6, 2010Oct 1, 2024
Blackwell Exp & Development, LLCOilGathers95Dec 31, 2017Dec 1, 2023

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

Who buys my oilOil price check

80 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 80 and 264.3 acres.

Permits for Sasi Ranch Unit
API numberWell no.Acreson the permit
42-499-321156ST80
42-499-321004252.81
42-499-321015ST243.12
42-499-32099380
42-499-317852SX264.30

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

Unit decimal checker

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36 months, newest first

Ledger for SASI RANCH UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Montare Operating,1,6621,7283,5373,5370$80.46$2.89
Jun 2026Montare Operating,1,5281,4963,5043,5040$84.81$3.15
May 2026Montare Operating,7,0327,01910,77810,7780$102.13$2.94
Apr 2026Montare Operating,5,6095,6839,8799,8790$100.32$2.77
Mar 2026Montare Operating,4,5554,5097,7677,7670$91.38$3.04
Feb 2026Montare Operating,3,2203,2276,7046,7040$64.51$3.62
Jan 2026Montare Operating,4,3234,3266,7916,7910$60.04$7.72
Dec 2025Montare Operating,4,6894,6696,6356,6350$57.97$4.26
Nov 2025Montare Operating,4,3814,3756,5016,5010$60.06$3.79
Oct 2025Montare Operating,4,8224,8106,5066,5060$60.89$3.19
Sep 2025Montare Operating,4,1024,1385,7405,7400$63.96$2.97
Aug 2025Montare Operating,5,0074,9345,9375,9370$64.86$2.91
Jul 2025Montare Operating,5,9696,0385,7465,7460$68.39$3.20
Jun 2025Montare Operating,5,5115,4344,9864,9860$68.17$3.02
May 2025Montare Operating,5,4555,6374,5384,5380$62.17$3.12
Apr 2025Montare Operating,5,9875,9134,3634,3630$63.54$3.42
Mar 2025Montare Operating,3,7933,7784,3054,3050$68.24$4.12
Feb 2025Montare Operating,3,2193,2414,0914,0910$71.53$4.19
Jan 2025Montare Operating,3,9704,0053,3243,3240$75.74$4.13
Dec 2024Montare Operating,3,7873,7832,6992,6990$70.12$3.01
Nov 2024Montare Operating,3,9663,9483,1113,1110$69.95$2.12
Oct 2024Montare Operating,4,8354,8073,7113,7110$71.99$2.20
Sep 2024Montare Operating,4,1334,3783,2323,2320$70.24$2.28
Aug 2024Montare Operating,4,2124,0023,7333,7330$76.68$1.99
Jul 2024Montare Operating,4,8794,9202,3472,3470$81.80$2.07
Jun 2024Montare Operating,4,9964,9233,6053,6050$79.77$2.54
May 2024Montare Operating,3,5573,7094,4404,4400$80.02$2.12
Apr 2024Montare Operating,3,8823,8124,4764,4760$85.35$1.60
Mar 2024Montare Operating,4,2604,2553,6223,6220$81.28$1.49
Feb 2024Montare Operating,4,9444,9096,5676,5670$77.25$1.72
Jan 2024Montare Operating,5,9916,0497,2547,2540$74.15$3.18
Dec 2023Montare Operating,5,8285,7867,4517,4510$71.90$2.52
Nov 2023Blackwell Exp5,3125,3246,2346,2340$77.69$2.71
Oct 2023Blackwell Exp5,5945,5847,0387,0380$85.64$2.98
Sep 2023Blackwell Exp4,8994,8645,9055,9050$89.43$2.64
Aug 2023Blackwell Exp5,1585,2106,1056,1050$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorMontare Operating, Ltd.FieldNeuhoff (Woodbine)CountyWood County

Montare Operating, Ltd. in Wood County

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Neuhoff (Woodbine) field

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