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Texas oil lease

Producing

STEED, NETUM H. -B-

Steed, Netum H. -B- is an oil lease in Cooke County, Texas, operated by WLH Production LLC in the Concho (Strawn) field.

2 wells

366bbl oil, last 12 months+999% vs prior year
RRC lease
09-09314

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Where it sits

This county

Cooke CountyCookeMontagueGraysonCooke County
Cooke County
Oil in Jul 2026
30 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: WLH Production LLC took over from Spade Energy L.L.C. in Jul 2025.

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Oct 24, 2025).

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output rose 1,730% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 1,730% over the last 12 monthsMonthly oil production for STEED, NETUM H. -B-, Aug 2023 to Jul 2026. Oil output rose 1,730% over the last 12 months. 366 bbl in the 12 months through Jul 2026, against 20 bbl in the 12 months before.Last 12 months: 366 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 1,730% over the last 12 monthsMonthly oil production for STEED, NETUM H. -B-, Aug 2023 to Jul 2026. Oil output rose 1,730% over the last 12 months. 366 bbl in the 12 months through Jul 2026, against 20 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 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 3 times, most recently in Jul 2025

Operators of this lease over timeFelderhoff Production Company, Jan 2020 to Sep 2020; Peterson Oil and Gas LLC, Nov 2020 to May 2025; Spade Energy L.L.C., Jun 2025 to Jun 2025; WLH Production LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Nov 2020Changed Jun 2025Changed Jul 2025Felderhoff Production CompanyJan 2020 to Sep 2020Peterson Oil and Gas LLCNov 2020 to May 2025Spade Energy L.L.C.Jun 2025 to Jun 2025WLH Production LLCJul 2025 to now
Operators of this lease over timeFelderhoff Production Company, Jan 2020 to Sep 2020; Peterson Oil and Gas LLC, Nov 2020 to May 2025; Spade Energy L.L.C., Jun 2025 to Jun 2025; WLH Production LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Nov 2020Changed Jun 2025Changed Jul 2025Felderhoff Production CompanyJan 2020 to Sep 2020Peterson Oil and Gas LLCNov 2020 to May 2025Spade Energy L.L.C.Jun 2025 to Jun 2025WLH Production LLCJul 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STEED, NETUM H. -B-
API numberWell no.Status
42-097-826482Active
42-097-826493Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers100Nov 1, 2020–
Cp Energy, L.l.c.OilGathers50Mar 1, 2018Nov 1, 2020
Ngl Crude Logistics, LLCOilGathers50Mar 1, 2018Nov 1, 2020

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Steed, Netum H. -B-
API numberWell no.Acreson the permit
42-097-826482–
42-097-826493–

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

Estimate your royalty

36 months, newest first

Ledger for STEED, NETUM H. -B-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026WLH Production300$80.46$2.89
Jun 2026WLH Production300$84.81$3.15
May 2026WLH Production170170$102.13$2.94
Apr 2026WLH Production57173$100.32$2.77
Mar 2026WLH Production250$91.38$3.04
Feb 2026WLH Production250$64.51$3.62
Jan 2026WLH Production100$60.04$7.72
Dec 2025WLH Production130$57.97$4.26
Nov 2025WLH Production10$60.06$3.79
Oct 2025WLH Production30$60.89$3.19
Sep 2025WLH Production10$63.96$2.97
Aug 2025WLH Production10$64.86$2.91
Jul 2025WLH Production10$68.39$3.20
Jun 2025Spade Energy00$68.17$3.02
May 2025Peterson Oil00$62.17$3.12
Apr 2025Peterson Oil10$63.54$3.42
Mar 2025Peterson Oil20$68.24$4.12
Feb 2025Peterson Oil10$71.53$4.19
Jan 2025Peterson Oil10$75.74$4.13
Dec 2024Peterson Oil10$70.12$3.01
Nov 2024Peterson Oil10$69.95$2.12
Oct 2024Peterson Oil100$71.99$2.20
Sep 2024Peterson Oil10$70.24$2.28
Aug 2024Peterson Oil10$76.68$1.99
Jul 2024Peterson Oil100$81.80$2.07
Jun 2024Peterson Oil00$79.77$2.54
May 2024Peterson Oil00$80.02$2.12
Apr 2024Peterson Oil00$85.35$1.60
Mar 2024Peterson Oil00$81.28$1.49
Feb 2024Peterson Oil10$77.25$1.72
Jan 2024Peterson Oil00$74.15$3.18
Dec 2023Peterson Oil00$71.90$2.52
Nov 2023Peterson Oil00$77.69$2.71
Oct 2023Peterson Oil00$85.64$2.98
Sep 2023Peterson Oil10$89.43$2.64
Aug 2023Peterson Oil00$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

Concho (Strawn) field

No other producing leases in this field are in our data yet.

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Drilling permits within 10 km