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Producing

STEED, CRAIG N.

Steed, Craig N. is an oil lease in Smith County, Texas, operated by Double Eight Oil Company LLC in the Driskell Lake (Rodessa) field.

1 well

1,354bbl oil, last 12 months+7% vs prior year
RRC lease
06-10916

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
7,249 mcf
Oil in Jul 2026
125 bbl

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for STEED, CRAIG N., Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 1,354 bbl in the 12 months through Jul 2026, against 1,263 bbl in the 12 months before.Last 12 months: 1,354 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for STEED, CRAIG N., Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 1,354 bbl in the 12 months through Jul 2026, against 1,263 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 STEED, CRAIG N. 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 STEED, CRAIG N. 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 2 times, most recently in Aug 2023

Operators of this lease over timeLehnertz-Faulkner, Inc., Jan 2020 to Sep 2021; Southwest Operating, Inc.-Tyler, Oct 2021 to Jul 2023; Double Eight Oil Company LLC, Aug 2023 to Jul 20262020202120222023202420252026Changed Oct 2021Changed Aug 2023Lehnertz-Faulkner, Inc.Jan 2020 to Sep 2021Southwest Operating, Inc.-Tyl…Oct 2021 to Jul 2023Double Eight Oil Company LLCAug 2023 to now
Operators of this lease over timeLehnertz-Faulkner, Inc., Jan 2020 to Sep 2021; Southwest Operating, Inc.-Tyler, Oct 2021 to Jul 2023; Double Eight Oil Company LLC, Aug 2023 to Jul 20262020202120222023202420252026Changed Oct 2021Changed Aug 2023Lehnertz-Faulkner, Inc.Jan 2020 to Sep 2021Southwest Operating, Inc.-TylerOct 2021 to Jul 2023Double Eight Oil Company LLCAug 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STEED, CRAIG N.
API numberWell no.Status
42-423-306381Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Aug 1, 2023–
Lehnertz-Faulkner, Inc.Casinghead gasGathers100Oct 1, 2021Aug 1, 2023
Lehnertz-Faulkner, Inc.Casinghead gasBuys100Oct 1, 2021Aug 1, 2023
Lion Oil Trading & Trans, LLCOilGathers100Nov 1, 2016Aug 1, 2023

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

40 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Steed, Craig N.
API numberWell no.Acreson the permit
42-423-30638140

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

Estimate your royalty

36 months, newest first

Ledger for STEED, CRAIG N.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Double Eight1251726906900$80.46$2.89
Jun 2026Double Eight14406906900$84.81$3.15
May 2026Double Eight1451706556550$102.13$2.94
Apr 2026Double Eight1121706396390$100.32$2.77
Mar 2026Double Eight931625505500$91.38$3.04
Feb 2026Double Eight11504804800$64.51$3.62
Jan 2026Double Eight1171677007000$60.04$7.72
Dec 2025Double Eight1271707757750$57.97$4.26
Nov 2025Double Eight14707507500$60.06$3.79
Oct 2025Double Eight1201556206200$60.89$3.19
Sep 2025Double Eight3502502500$63.96$2.97
Aug 2025Double Eight741684504500$64.86$2.91
Jul 2025Double Eight1701754404400$68.39$3.20
Jun 2025Double Eight6504504500$68.17$3.02
May 2025Double Eight821744704700$62.17$3.12
Apr 2025Double Eight12304464460$63.54$3.42
Mar 2025Double Eight1903234504500$68.24$4.12
Feb 2025Double Eight9404204200$71.53$4.19
Jan 2025Double Eight701684254250$75.74$4.13
Dec 2024Double Eight8004504500$70.12$3.01
Nov 2024Double Eight6004064060$69.95$2.12
Oct 2024Double Eight1631704654650$71.99$2.20
Sep 2024Double Eight60534444440$70.24$2.28
Aug 2024Double Eight1061584664660$76.68$1.99
Jul 2024Double Eight5206056050$81.80$2.07
Jun 2024Double Eight731755095090$79.77$2.54
May 2024Double Eight5204614610$80.02$2.12
Apr 2024Double Eight5004264260$85.35$1.60
Mar 2024Double Eight781194594590$81.28$1.49
Feb 2024Double Eight1091712042040$77.25$1.72
Jan 2024Double Eight6705125120$74.15$3.18
Dec 2023Double Eight851685505500$71.90$2.52
Nov 2023Double Eight1371434404400$77.69$2.71
Oct 2023Double Eight12506886880$85.64$2.98
Sep 2023Double Eight1291698968960$89.43$2.64
Aug 2023Double Eight01729389380$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

Double Eight Oil Company LLC in Smith County

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Driskell Lake (Rodessa) field

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Drilling permits within 10 km