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Texas oil lease

Producing

SNEED "M3-71"

Sneed "M3-71" is an oil lease in Moore County, Texas, operated by Lasater & Co, Inc. in the Panhandle Moore County Field field.

3 wells

262bbl oil, last 12 months−31% vs prior year
Operator
Lasater & Co, Inc.
County
Moore County
Field
Panhandle Moore County Field
RRC lease
10-06172

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Where it sits

This county

Moore CountyMooreHutchinsonHansfordShermanDallamOldhamHartleyMoore County
Moore County
Gas, last 12 months
5,870 mcf
Oil in Jul 2026
9 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for SNEED "M3-71", Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 262 bbl in the 12 months through Jul 2026, against 382 bbl in the 12 months before.Last 12 months: 262 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for SNEED "M3-71", Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 262 bbl in the 12 months through Jul 2026, against 382 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 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 "M3-71" 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 "M3-71" 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 "M3-71"
API numberWell no.Status
42-341-315001Active
42-341-315012Active
42-341-322893Active

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

420 acres on the newest permit

Permits for Sneed "M3-71"
API numberWell no.Acreson the permit
42-341-322893420
42-341-315001424
42-341-315012424

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SNEED "M3-71"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026902182180$80.46$2.89
Jun 20263805885880$84.81$3.15
May 2026906176170$102.13$2.94
Apr 20262905525520$100.32$2.77
Mar 2026141645405400$91.38$3.04
Feb 20261202762760$64.51$3.62
Jan 2026504784780$60.04$7.72
Dec 20251706096090$57.97$4.26
Nov 20251706506500$60.06$3.79
Oct 20252103813810$60.89$3.19
Sep 20252402882880$63.96$2.97
Aug 2025671746736730$64.86$2.91
Jul 20251905445440$68.39$3.20
Jun 20251607907900$68.17$3.02
May 20253808208200$62.17$3.12
Apr 20251808888880$63.54$3.42
Mar 20252709249240$68.24$4.12
Feb 2025431667557550$71.53$4.19
Jan 20255405625620$75.74$4.13
Dec 20242105475470$70.12$3.01
Nov 20241901891890$69.95$2.12
Oct 20244804004000$71.99$2.20
Sep 2024421696266260$70.24$2.28
Aug 20243705425420$76.68$1.99
Jul 2024805745740$81.80$2.07
Jun 20241706996990$79.77$2.54
May 20247707137130$80.02$2.12
Apr 2024671647587580$85.35$1.60
Mar 20248707957950$81.28$1.49
Feb 2024411466726720$77.25$1.72
Jan 20247206886880$74.15$3.18
Dec 20235907677670$71.90$2.52
Nov 20231561596106100$77.69$2.71
Oct 20231321765105100$85.64$2.98
Sep 2023902752750$89.43$2.64
Aug 20231003193190$81.39$2.58

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

OperatorLasater & Co, Inc.FieldPanhandle Moore County FieldCountyMoore County

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