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Texas oil lease

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SHAFFER UNIT

Shaffer Unit is an oil lease in Young County, Texas, operated by Lex and Lace Petroleum, LLC in the Newcastle (Mississippi) field.

1 well

0bbl oil, last 12 months
Operator
Lex and Lace Petroleum, LLC
County
Young County
Field
Newcastle (Mississippi)
RRC lease
09-26193

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Oil in Apr 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

3 months were not reported.

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for SHAFFER UNIT, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Mar 2024, at 1 bbl.Last 12 months: 0 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for SHAFFER UNIT, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Mar 2024, at 1 bbl.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Lex and Lace Petroleum, LLC, Nov 2024 to Apr 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L…Jan 2020 to Oct 2024Lex and Lace Petroleum, LLCNov 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Lex and Lace Petroleum, LLC, Nov 2024 to Apr 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Oct 2024Lex and Lace Petroleum, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SHAFFER UNIT
API numberWell no.Status
42-503-391381Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers50Nov 22, 2024–
Ptt Premier Trading and Tran LLCOilGathers50Nov 22, 2024–
Bml, Inc. BOilGathers100Nov 11, 2024Nov 22, 2024
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2024Nov 11, 2024
Sentinel Transportation, LLCOilGathers100Feb 1, 2001Nov 1, 2024

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

Who buys my oilOil price check

40 acres on the newest permit

Permits for Shaffer Unit
API numberWell no.Acreson the permit
42-503-39138140

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

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36 months, newest first

Ledger for SHAFFER UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026No report––$84.81$3.15
May 2026No report––$102.13$2.94
Apr 2026Lex and00$100.32$2.77
Mar 2026Lex and00$91.38$3.04
Feb 2026Lex and00$64.51$3.62
Jan 2026Lex and00$60.04$7.72
Dec 2025Lex and00$57.97$4.26
Nov 2025Lex and00$60.06$3.79
Oct 2025Lex and00$60.89$3.19
Sep 2025Lex and00$63.96$2.97
Aug 2025Lex and00$64.86$2.91
Jul 2025Lex and00$68.39$3.20
Jun 2025Lex and00$68.17$3.02
May 2025Lex and00$62.17$3.12
Apr 2025Lex and00$63.54$3.42
Mar 2025Lex and00$68.24$4.12
Feb 2025Lex and00$71.53$4.19
Jan 2025Lex and00$75.74$4.13
Dec 2024Lex and00$70.12$3.01
Nov 2024Lex and00$69.95$2.12
Oct 2024Three P00$71.99$2.20
Sep 2024Three P00$70.24$2.28
Aug 2024Three P00$76.68$1.99
Jul 2024Three P00$81.80$2.07
Jun 2024Three P00$79.77$2.54
May 2024Three P00$80.02$2.12
Apr 2024Three P00$85.35$1.60
Mar 2024Three P11$81.28$1.49
Feb 2024Three P133$77.25$1.72
Jan 2024Three P88$74.15$3.18
Dec 2023Three P242$71.90$2.52
Nov 2023Three P363$77.69$2.71
Oct 2023Three P152$85.64$2.98
Sep 2023Three P264$89.43$2.64
Aug 2023Three P294$81.39$2.58

No report filed

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

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Nearby

This lease belongs to

OperatorLex and Lace Petroleum, LLCFieldNewcastle (Mississippi)CountyYoung County

Lex and Lace Petroleum, LLC in Young County

No other producing leases from this operator in this county are in our data yet.

Newcastle (Mississippi) field

No other producing leases in this field are in our data yet.

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Drilling permits within 10 km