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Texas oil lease

Producing

SNEED "B-12-1"

Sneed "B-12-1" is an oil lease in Moore County, Texas, operated by Lasater & Co, Inc. in the Panhandle Moore County Field field.

3 wells

237bbl oil, last 12 months−30% vs prior year
Operator
Lasater & Co, Inc.
County
Moore County
Field
Panhandle Moore County Field
RRC lease
10-06170

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Where it sits

This county

Moore CountyMooreHutchinsonHansfordShermanDallamOldhamHartleyMoore County
Moore County
Gas, last 12 months
3,350 mcf
Oil in Jul 2026
21 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for SNEED "B-12-1", Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 237 bbl in the 12 months through Jul 2026, against 337 bbl in the 12 months before.Last 12 months: 237 bblbbl per monthmcf per month0020200404006060080800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for SNEED "B-12-1", Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 237 bbl in the 12 months through Jul 2026, against 337 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020200404006060080800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of SNEED "B-12-1" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of SNEED "B-12-1" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

3 wells on this lease

Wells on SNEED "B-12-1"
API numberWell no.Status
42-341-317181Active
42-341-317232Active
42-341-322483Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Valero Marketing and Supply Co.OilGathers100Jan 1, 2003–
Iacx Rock Creek LLCCasinghead gasBuys100Apr 1, 2020–
Iacx Rock Creek LLCCasinghead gasGathers100Apr 1, 2020–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Apr 1, 2020
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Apr 1, 2020

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

Who buys my oilOil price check

400 acres on the newest permit

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Permits for Sneed "B-12-1"
API numberWell no.Acreson the permit
42-341-322483400
42-341-317232400
42-341-317181400

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

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36 months, newest first

Ledger for SNEED "B-12-1"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262102332330$80.46$2.89
Jun 20262702262260$84.81$3.15
May 20262102892890$102.13$2.94
Apr 2026291652932930$100.32$2.77
Mar 20261603493490$91.38$3.04
Feb 2026303003000$64.51$3.62
Jan 2026503443440$60.04$7.72
Dec 20251403863860$57.97$4.26
Nov 20252103413410$60.06$3.79
Oct 20252501831830$60.89$3.19
Sep 20252801491490$63.96$2.97
Aug 20252702572570$64.86$2.91
Jul 20252102452450$68.39$3.20
Jun 2025381693183180$68.17$3.02
May 20252803253250$62.17$3.12
Apr 20252201011010$63.54$3.42
Mar 20252401601600$68.24$4.12
Feb 20251402462460$71.53$4.19
Jan 20254702162160$75.74$4.13
Dec 2024681773533530$70.12$3.01
Nov 20242101131130$69.95$2.12
Oct 2024002382380$71.99$2.20
Sep 20242604154150$70.24$2.28
Aug 20242804034030$76.68$1.99
Jul 2024904044040$81.80$2.07
Jun 20241603723720$79.77$2.54
May 2024291654754750$80.02$2.12
Apr 20242504614610$85.35$1.60
Mar 20241205405400$81.28$1.49
Feb 20242304554550$77.25$1.72
Jan 20241704904900$74.15$3.18
Dec 20231606076070$71.90$2.52
Nov 20231904454450$77.69$2.71
Oct 20232804764760$85.64$2.98
Sep 2023391745015010$89.43$2.64
Aug 20234105455450$81.39$2.58

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

OperatorLasater & Co, Inc.FieldPanhandle Moore County FieldCountyMoore County

Lasater & Co, Inc. in Moore County

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Panhandle Moore County Field field

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