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Texas oil lease

Producing

STARNES & REED

Starnes & Reed is an oil lease in Cochran County, Texas, operated by Walkabout Operating, LLC in the Levelland field.

5 wells

2,102bbl oil, last 12 months−13% vs prior year
RRC lease
8A-03745

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Where it sits

This county

Cochran CountyCochranHockleyLambBaileyCochran County
Cochran County
Oil in Jul 2026
133 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production for STARNES & REED, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,102 bbl in the 12 months through Jul 2026, against 2,408 bbl in the 12 months before.Last 12 months: 2,102 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production for STARNES & REED, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,102 bbl in the 12 months through Jul 2026, against 2,408 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 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 2 times, most recently in Mar 2024

Operators of this lease over timeHamman Oil & Refining Company, Jan 2020 to Mar 2022; Cat Tree Operating, L.L.C., Apr 2022 to Feb 2024; Walkabout Operating, LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed Apr 2022Changed Mar 2024Hamman Oil & Refining CompanyJan 2020 to Mar 2022Cat Tree Operating, L.L.C.Apr 2022 to Feb 2024Walkabout Operating, LLCMar 2024 to now
Operators of this lease over timeHamman Oil & Refining Company, Jan 2020 to Mar 2022; Cat Tree Operating, L.L.C., Apr 2022 to Feb 2024; Walkabout Operating, LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed Apr 2022Changed Mar 2024Hamman Oil & Refining CompanyJan 2020 to Mar 2022Cat Tree Operating, L.L.C.Apr 2022 to Feb 2024Walkabout Operating, LLCMar 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on STARNES & REED
API numberWell no.Status
42-079-018861Active
42-079-018872Active
42-079-018883Active
42-079-018894Active
42-079-018905Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Redbud Energy Marketing LLCOilGathers50Feb 1, 2025–
Sentinel Transportation, LLCOilGathers50May 1, 2024–
Axis Energy Marketing, LLCOilGathers50May 1, 2024Feb 1, 2025
Sentinel Transportation, LLCOilGathers100Mar 1, 2024May 1, 2024
Phillips 66 CompanyOilGathers100May 23, 2022Mar 1, 2024
Ace Gathering, Inc.OilGathers100Jun 1, 2020May 23, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2018Jun 1, 2020

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

What the drilling permits say

Permits for Starnes & Reed
API numberWell no.Acreson the permit
42-079-018861–
42-079-018872–
42-079-018883–
42-079-018894–
42-079-018905–

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

Estimate your royalty

36 months, newest first

Ledger for STARNES & REED
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Walkabout Operating,133156$80.46$2.89
Jun 2026Walkabout Operating,770$84.81$3.15
May 2026Walkabout Operating,266330$102.13$2.94
Apr 2026Walkabout Operating,203187$100.32$2.77
Mar 2026Walkabout Operating,215166$91.38$3.04
Feb 2026Walkabout Operating,120165$64.51$3.62
Jan 2026Walkabout Operating,134196$60.04$7.72
Dec 2025Walkabout Operating,1440$57.97$4.26
Nov 2025Walkabout Operating,268339$60.06$3.79
Oct 2025Walkabout Operating,152166$60.89$3.19
Sep 2025Walkabout Operating,214162$63.96$2.97
Aug 2025Walkabout Operating,176187$64.86$2.91
Jul 2025Walkabout Operating,214343$68.39$3.20
Jun 2025Walkabout Operating,1540$68.17$3.02
May 2025Walkabout Operating,99187$62.17$3.12
Apr 2025Walkabout Operating,340323$63.54$3.42
Mar 2025Walkabout Operating,173318$68.24$4.12
Feb 2025Walkabout Operating,1310$71.53$4.19
Jan 2025Walkabout Operating,149160$75.74$4.13
Dec 2024Walkabout Operating,162165$70.12$3.01
Nov 2024Walkabout Operating,189172$69.95$2.12
Oct 2024Walkabout Operating,269312$71.99$2.20
Sep 2024Walkabout Operating,203169$70.24$2.28
Aug 2024Walkabout Operating,325324$76.68$1.99
Jul 2024Walkabout Operating,199159$81.80$2.07
Jun 2024Walkabout Operating,472359$79.77$2.54
May 2024Walkabout Operating,256172$80.02$2.12
Apr 2024Walkabout Operating,321176$85.35$1.60
Mar 2024Walkabout Operating,2490$81.28$1.49
Feb 2024Cat Tree129177$77.25$1.72
Jan 2024Cat Tree288170$74.15$3.18
Dec 2023Cat Tree251176$71.90$2.52
Nov 2023Cat Tree333349$77.69$2.71
Oct 2023Cat Tree202350$85.64$2.98
Sep 2023Cat Tree183175$89.43$2.64
Aug 2023Cat Tree120179$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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Nearby

Walkabout Operating, LLC in Cochran County

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Levelland field

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