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Texas oil lease

Producing

SMEAD HEIRS

Smead Heirs is an oil lease in Gregg County, Texas, operated by Giant NRG Co., LP in the Willow Springs (Travis Peak) field.

1 well

1,480bbl oil, since Jan 2026
Operator
Giant NRG Co., LP
County
Gregg County
Field
Willow Springs (Travis Peak)
RRC lease
06-16017

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, since Jan 2026
13,659 mcf
Oil in Jul 2026
242 bbl
First check

Production started January 2026; the first check is due by about May 31, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 38% since Jan 2026

  • Oil (bars)
  • Gas (line)
Oil output fell 38% since Jan 2026Monthly oil production and gas for SMEAD HEIRS, Jan 2026 to Jul 2026. Oil output fell 38% since Jan 2026. Monthly average of 165 bbl in the latest 3 months, against 266 bbl in the first 3.bbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 25Jan 26AprJul
Oil output fell 38% since Jan 2026Monthly oil production and gas for SMEAD HEIRS, Jan 2026 to Jul 2026. Oil output fell 38% since Jan 2026. Monthly average of 165 bbl in the latest 3 months, against 266 bbl in the first 3.bbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the 7 months reported

  • Transmission line (2)
  • Lease fuel (1)
96% of the gas went to a transmission line in the 7 months reportedShare of SMEAD HEIRS gas by disposition code each month, Jan 2026 to Jul 2026. 96% of the gas went to a transmission line in the 7 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
96% of the gas went to a transmission line in the 7 months reportedShare of SMEAD HEIRS gas by disposition code each month, Jan 2026 to Jul 2026. 96% of the gas went to a transmission line in the 7 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 13,135 mcf

  • Lease fuel (1)

    3.8% · 524 mcf

1 well on this lease

Wells on SMEAD HEIRS
API numberWell no.Status
42-183-321732Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Dec 13, 2022
Faulconer Energy, LLCCasinghead gasBuys100Dec 13, 2022
Faulconer Energy, LLCCasinghead gasGathers100Dec 13, 2022

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

Who buys my oilOil price check

210 acres on the newest permit

Check your decimal on this lease
Permits for Smead Heirs
API numberWell no.Acreson the permit
42-183-321732210

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

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7 months, newest first

Ledger for SMEAD HEIRS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262423542,0882,0880$80.46$2.89
Jun 202613009829820$84.81$3.15
May 20261231781,1271,0480$102.13$2.94
Apr 20261881882,0782,0780$100.32$2.77
Mar 20262733532,2822,2820$91.38$3.04
Feb 20262301872,4472,2290$64.51$3.62
Jan 20262941922,6552,4280$60.04$7.72

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

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Nearby

This lease belongs to

OperatorGiant NRG Co., LPFieldWillow Springs (Travis Peak)CountyGregg County

Giant NRG Co., LP in Gregg County

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

Willow Springs (Travis Peak) field

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