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Texas oil lease

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SCOTTISH RITE UNIT

Scottish Rite Unit is an oil lease in Wood County, Texas, operated by Valence Operating Company in the Como (Rodessa Hill, Lo.) field.

2 wells

3,987bbl oil, last 12 months−29% vs prior year
Operator
Valence Operating Company
County
Wood County
Field
Como (Rodessa Hill, Lo.)
RRC lease
05-04176

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
16,024 mcf
Oil in Jul 2026
264 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for SCOTTISH RITE UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 3,987 bbl in the 12 months through Jul 2026, against 5,600 bbl in the 12 months before.Last 12 months: 3,987 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for SCOTTISH RITE UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 3,987 bbl in the 12 months through Jul 2026, against 5,600 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

87% of the gas went to a transmission line in the last 12 months

Flaring peaked at 6.1% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
87% of the gas went to a transmission line in the last 12 monthsShare of SCOTTISH RITE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.1% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
87% of the gas went to a transmission line in the last 12 monthsShare of SCOTTISH RITE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.1% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 6.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    87% · 14,001 mcf

  • Lease fuel (1)

    11% · 1,721 mcf

  • Flared (4)

    1.9% · 302 mcf

1.9% of the gas flared in the last 12 months. 9 months above 3%.

2 wells on this lease

Wells on SCOTTISH RITE UNIT
API numberWell no.Status
42-499-321621HShut-in
42-499-321822HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100May 1, 2025–
Midcoast Pipelines (E Tx) L.p.Casinghead gasBuys100Jan 1, 2019–
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Jan 1, 2019–
Lion Oil Trading & Trans, LLCOilGathers100Jul 6, 2015May 1, 2025
Tristream Holdings, LLCCasinghead gasGathers100May 1, 2017Jan 1, 2019
Tristream Holdings, LLCCasinghead gasBuys100May 1, 2017Jan 1, 2019

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

Who buys my oilOil price check

280 acres on the newest permit

The wells on this lease state different acreage

The permits state between 280 and 518.2 acres.

Permits for Scottish Rite Unit
API numberWell no.Acreson the permit
42-499-321822H280
42-499-321621H518.20

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

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36 months, newest first

Ledger for SCOTTISH RITE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202626425366456621$80.46$2.89
Jun 202627633276763447$84.81$3.15
May 202636033589076123$102.13$2.94
Apr 202625925096981939$100.32$2.77
Mar 20263343501,2941,19150$91.38$3.04
Feb 20263343471,6191,39219$64.51$3.62
Jan 20263363091,6971,45235$60.04$7.72
Dec 20254334451,9701,71721$57.97$4.26
Nov 20253383261,7231,49716$60.06$3.79
Oct 20253873701,6561,4770$60.89$3.19
Sep 20253123421,3751,25615$63.96$2.97
Aug 20253543201,4001,23916$64.86$2.91
Jul 20254594641,6041,39625$68.39$3.20
Jun 20254774791,5361,30229$68.17$3.02
May 20254865031,6681,40036$62.17$3.12
Apr 20254674631,8751,61132$63.54$3.42
Mar 20254924972,1881,88637$68.24$4.12
Feb 20254284322,0991,78033$71.53$4.19
Jan 20254674722,4852,11234$75.74$4.13
Dec 20244734722,3071,96841$70.12$3.01
Nov 20244504691,9291,67332$69.95$2.12
Oct 20245194791,9441,66434$71.99$2.20
Sep 20244194221,7791,451107$70.24$2.28
Aug 202446346198584031$76.68$1.99
Jul 20244904881,07090931$81.80$2.07
Jun 20245095051,10593334$79.77$2.54
May 20244664721,17296860$80.02$2.12
Apr 20245024941,3021,08861$85.35$1.60
Mar 20243783802,0431,75626$81.28$1.49
Feb 20243183241,8551,78226$77.25$1.72
Jan 20244825162,3552,07366$74.15$3.18
Dec 20235365112,2371,95133$71.90$2.52
Nov 20236957151,9461,69841$77.69$2.71
Oct 20236366071,9391,68750$85.64$2.98
Sep 20236076141,7881,57238$89.43$2.64
Aug 20236526371,8221,59241$81.39$2.58

Flared above 3%

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

OperatorValence Operating CompanyFieldComo (Rodessa Hill, Lo.)CountyWood County

Valence Operating Company in Wood County

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