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Texas oil lease

No report in 6+ months

SHOULTS, W. C.

Shoults, W. C. is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

1 well

26bbl oil, last 12 months−93% vs prior year
RRC lease
6E-07017

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
34 mcf
Oil in Apr 2022
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

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

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Production by month

Oil output fell 93% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 93% over the last 12 monthsMonthly oil production and gas for SHOULTS, W. C., Jan 2020 to Apr 2022. Oil output fell 93% over the last 12 months. 26 bbl in the 12 months through Apr 2022, against 347 bbl in the 12 months before.Last 12 months: 26 bblbbl per monthmcf per month00501010020150302004025050Jan 20AprJulOctJan 21AprJulOctJan 22Apr
Oil output fell 93% over the last 12 monthsMonthly oil production and gas for SHOULTS, W. C., Jan 2020 to Apr 2022. Oil output fell 93% over the last 12 months. 26 bbl in the 12 months through Apr 2022, against 347 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501010020150302004025050Jan 20JulJan 21JulJan 22

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 11 months reported

All of the gas went to a transmission line in the 11 months reportedShare of SHOULTS, W. C. gas by disposition code each month, Jan 2020 to Apr 2022. All of the gas went to a transmission line in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Jan 20AprJulOctJan 21AprJulOctJan 22Apr
All of the gas went to a transmission line in the 11 months reportedShare of SHOULTS, W. C. gas by disposition code each month, Jan 2020 to Apr 2022. All of the gas went to a transmission line in the 11 months reported.Share of gas by disposition code0%50%100%Jan 20JulJan 21JulJan 22

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SHOULTS, W. C.
API numberWell no.Status
42-183-842401Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Apr 1, 2007–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021–
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Shoults, W. C.
API numberWell no.Acreson the permit
42-183-842401–

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

Estimate your royalty

28 months, newest first

Ledger for SHOULTS, W. C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Apr 202200000$101.78$6.60
Mar 202200000$108.50$4.90
Feb 202200000$91.64$4.69
Jan 202200000$83.22$4.38
Dec 202110000$71.71$3.76
Nov 202100000$79.15$5.05
Oct 202100000$81.48$5.51
Sep 202100000$71.65$5.16
Aug 202100000$67.73$4.07
Jul 202150000$72.49$3.84
Jun 202140110$71.38$3.26
May 202116033330$65.17$2.91
Apr 202100660$61.72$2.66
Mar 202100000$62.33$2.62
Feb 202130000$59.04$5.35
Jan 202110000$52.00$2.71
Dec 20201014140$47.02$2.58
Nov 2020190000$40.94$2.61
Oct 202000000$39.40$2.39
Sep 202020220$39.63$1.92
Aug 2020250770$42.34$2.30
Jul 202022616736360$40.71$1.76
Jun 2020639032320$38.31$1.63
May 202070000$28.56$1.75
Apr 202059184000$16.55$1.74
Mar 202010110$29.21$1.79
Feb 20201070110$50.54$1.91
Jan 202010770$57.52$2.02

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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