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Texas oil lease

Producing

THE GOLDEN WAVE UNIT

The Golden Wave Unit is an oil lease in Leon County, Texas, operated by Vess Oil Corporation in the Fort Trinidad, East (Buda) field.

1 well

1,702bbl oil, last 12 months−13% vs prior year
RRC lease
03-26595

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Where it sits

This county

Leon CountyLeonLimestoneMadisonAndersonHoustonRobertsonFreestoneLeon County
Leon County
Gas, last 12 months
2,111 mcf
Oil in Jul 2026
197 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for THE GOLDEN WAVE UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 1,702 bbl in the 12 months through Jul 2026, against 1,961 bbl in the 12 months before.Last 12 months: 1,702 bblbbl per monthmcf per month0050100100200150300200400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for THE GOLDEN WAVE UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 1,702 bbl in the 12 months through Jul 2026, against 1,961 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Lease fuel (1)
  • Flared (4)
All of the gas went to flaring in the last 12 monthsShare of THE GOLDEN WAVE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of THE GOLDEN WAVE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 35 months above 3%.

1 well on this lease

Wells on THE GOLDEN WAVE UNIT
API numberWell no.Status
42-289-321321HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100May 19, 2016–
Energy Transfer CompanyCasinghead gasGathers100May 19, 2016–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 19, 2016Jul 1, 2021

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

456.96 acres on the newest permit

Permits for The Golden Wave Unit
API numberWell no.Acreson the permit
42-289-321321H456.96

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

Estimate your royalty

36 months, newest first

Ledger for THE GOLDEN WAVE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261971822320232$80.46$2.89
Jun 2026911831200120$84.81$3.15
May 202617141990199$102.13$2.94
Apr 20261821822730273$100.32$2.77
Mar 20261818539039$91.38$3.04
Feb 202612551390139$64.51$3.62
Jan 20261481751570157$60.04$7.72
Dec 20251561811920192$57.97$4.26
Nov 20251491761850185$60.06$3.79
Oct 20251511791850185$60.89$3.19
Sep 202515311860186$63.96$2.97
Aug 20251611812040204$64.86$2.91
Jul 20251581822080208$68.39$3.20
Jun 20251541831600160$68.17$3.02
May 20251611841720172$62.17$3.12
Apr 20251571791590159$63.54$3.42
Mar 20251701851520152$68.24$4.12
Feb 202515331740174$71.53$4.19
Jan 20251631831910191$75.74$4.13
Dec 20241711702220222$70.12$3.01
Nov 202416118222300$69.95$2.12
Oct 20241741852040204$71.99$2.20
Sep 20241791832020202$70.24$2.28
Aug 20241601802150215$76.68$1.99
Jul 20241411841910191$81.80$2.07
Jun 20241711812400240$79.77$2.54
May 20241761802500250$80.02$2.12
Apr 20241731812500250$85.35$1.60
Mar 20241811712630263$81.28$1.49
Feb 20241691812140214$77.25$1.72
Jan 20241761822290229$74.15$3.18
Dec 202318232670267$71.90$2.52
Nov 20231781842350235$77.69$2.71
Oct 20231791792560256$85.64$2.98
Sep 20231771742780278$89.43$2.64
Aug 20231753602570257$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Vess Oil Corporation in Leon County

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Fort Trinidad, East (Buda) field

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