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Texas oil lease

Producing

STATE "NZ"

State "NZ" is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the McElroy, North (Silurian) field.

2 wells

1,759bbl oil, last 12 months+3% vs prior year
Operator
R3 Operating Corporation
County
Crane County
Field
McElroy, North (Silurian)
RRC lease
08-23210

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
558 mcf
Oil in Jul 2026
152 bbl

Production by month

Oil output rose 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for STATE "NZ", Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,759 bbl in the 12 months through Jul 2026, against 1,706 bbl in the 12 months before.Last 12 months: 1,759 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for STATE "NZ", Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,759 bbl in the 12 months through Jul 2026, against 1,706 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 STATE "NZ" 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 STATE "NZ" 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.

Who has run this lease

The operator changed 4 times, most recently in Aug 2025

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Dec 2022; Boaz Energy II Operating, LLC, Jan 2023 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2023Changed Apr 2025Changed Aug 2025Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to Dec 2022Boaz Energy II Operating, LLCJan 2023 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Dec 2022; Boaz Energy II Operating, LLC, Jan 2023 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2023Changed Apr 2025Changed Aug 2025Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to Dec 2022Boaz Energy II Operating, LLCJan 2023 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STATE "NZ"
API numberWell no.Status
42-103-309181Active
42-103-309532Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Jun 1, 2020–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Lpc Crude Oil Marketing LLCOilGathers100Nov 1, 2017Jun 1, 2020

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for State "NZ"
API numberWell no.Acreson the permit
42-103-309181160
42-103-309181 U160
42-103-309532160

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

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36 months, newest first

Ledger for STATE "NZ"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating152179000$80.46$2.89
Jun 2026R3 Operating143179000$84.81$3.15
May 2026R3 Operating155194000$102.13$2.94
Apr 2026R3 Operating146179000$100.32$2.77
Mar 2026R3 Operating156169000$91.38$3.04
Feb 2026R3 Operating1450000$64.51$3.62
Jan 2026R3 Operating151181000$60.04$7.72
Dec 2025R3 Operating156181000$57.97$4.26
Nov 2025R3 Operating14718214140$60.06$3.79
Oct 2025R3 Operating9217922220$60.89$3.19
Sep 2025R3 Operating14202062060$63.96$2.97
Aug 2025R3 Operating1741523163160$64.86$2.91
Jul 2025T2 Operating1461792272270$68.39$3.20
Jun 2025T2 Operating14118091910$68.17$3.02
May 2025T2 Operating161168000$62.17$3.12
Apr 2025T2 Operating58027270$63.54$3.42
Mar 2025Boaz Energy13916947470$68.24$4.12
Feb 2025Boaz Energy12618132320$71.53$4.19
Jan 2025Boaz Energy15117865650$75.74$4.13
Dec 2024Boaz Energy163183000$70.12$3.01
Nov 2024Boaz Energy142076760$69.95$2.12
Oct 2024Boaz Energy16417999990$71.99$2.20
Sep 2024Boaz Energy15717491910$70.24$2.28
Aug 2024Boaz Energy15816858580$76.68$1.99
Jul 2024Boaz Energy14617923230$81.80$2.07
Jun 2024Boaz Energy14617745450$79.77$2.54
May 2024Boaz Energy15717086860$80.02$2.12
Apr 2024Boaz Energy16019684840$85.35$1.60
Mar 2024Boaz Energy15816469690$81.28$1.49
Feb 2024Boaz Energy155077770$77.25$1.72
Jan 2024Boaz Energy15618176760$74.15$3.18
Dec 2023Boaz Energy16616688880$71.90$2.52
Nov 2023Boaz Energy17116384840$77.69$2.71
Oct 2023Boaz Energy24935180800$85.64$2.98
Sep 2023Boaz Energy62013130$89.43$2.64
Aug 2023Boaz Energy148178000$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

OperatorR3 Operating CorporationFieldMcElroy, North (Silurian)CountyCrane County

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