Texas oil lease · RRC district 7C · Lease 12283
ProducingWADE
Wade is an oil lease in Schleicher County, Texas, operated by P1 Energy, LLC in the Ramon (Leonard) field. The Railroad Commission shows 5,718 bbl of oil in the 12 months through Jun 2026.
Oil lease dossier · 7 wells
- Operator
- P1 Energy, LLC
- County
- Schleicher County
- Field
- Ramon (Leonard)
- RRC lease
- 7C-12283
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Where it sits
This county
- Oil in Jun 2026
- 285 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 7
- Data through
- Jun 2026
Production
Month by month, from the state record
Oil output held steady over the last 12 months
5,165 bbl in the 12 months through Jul 2026, against 5,105 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 12283, district 7C. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed 2 times, most recently in Mar 2024
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- P1 Energy, LLC Mar 2024 to Jun 2026
- Petex Sep 2021 to Feb 2024
- Endeavor Energy Resources L.P. Jan 2020 to Aug 2021
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
7 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-413-31642 | 1 | Shut-in | – |
| 42-413-31654 | 2 | Shut-in | – |
| 42-413-31692 | 3 | Shut-in | – |
| 42-413-31951 | 5 | Active | – |
| 42-413-31957 | 6 | Shut-in | – |
| 42-413-32057 | 7 | Active | – |
| 42-413-32082 | 8 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 7C, lease 12283.
Who buys and gathers
Who moves and buys this lease's production
Oil
Bml, Inc. B gathers it.
100% of it, on the list since Mar 1, 2024
Companies that used to be listed: Bml, Inc. B (gathers it, until Mar 1, 2024); Oasis Transp & Marketing Corp. (gathers it, until Mar 1, 2024); Oasis Transp & Marketing Corp. (gathers it, until May 1, 2022); Rio Energy International, Inc. (gathers it, until May 1, 2020); Plains Marketing, L.p. (gathers it, until Nov 1, 2019).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
320 acres on the newest permit
- Wells on the permits
- 77 not plugged
- Horizontal
- 0
- First completion
- Oct 6, 1987
- Latest permit
- Apr 13, 2000
7 wells are listed on this lease
Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-413-32082 | 8 | Apr 13, 2000 | Jul 21, 2000 | 320 |
| 42-413-32057 | 7 | Apr 6, 1999 | Aug 10, 1999 | 320 |
| 42-413-31957 | 6 | Dec 12, 1995 | Jan 22, 1996 | 320 |
| 42-413-31951 | 5 | Oct 18, 1995 | Jan 16, 1996 | 320 |
| 42-413-31692 | 3 | Oct 31, 1988 | Nov 27, 1988 | 320 |
| 42-413-31654 | 2 | Nov 23, 1987 | Feb 7, 1988 | 320 |
| 42-413-31642 | 1 | Sep 4, 1987 | Oct 6, 1987 | 320 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WADE sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026No report | – | – | $80.46 | $2.89 |
| Jun 2026P1 Energy, | 285 | 524 | $84.81 | $3.15 |
| May 2026P1 Energy, | 476 | 521 | $102.13 | $2.94 |
| Apr 2026P1 Energy, | 387 | 173 | $100.32 | $2.77 |
| Mar 2026P1 Energy, | 550 | 668 | $91.38 | $3.04 |
| Feb 2026P1 Energy, | 453 | 496 | $64.51 | $3.62 |
| Jan 2026P1 Energy, | 390 | 163 | $60.04 | $7.72 |
| Dec 2025P1 Energy, | 520 | 499 | $57.97 | $4.26 |
| Nov 2025P1 Energy, | 538 | 505 | $60.06 | $3.79 |
| Oct 2025P1 Energy, | 535 | 513 | $60.89 | $3.19 |
| Sep 2025P1 Energy, | 492 | 591 | $63.96 | $2.97 |
| Aug 2025P1 Energy, | 539 | 650 | $64.86 | $2.91 |
| Jul 2025P1 Energy, | 553 | 659 | $68.39 | $3.20 |
| Jun 2025P1 Energy, | 530 | 505 | $68.17 | $3.02 |
| May 2025P1 Energy, | 605 | 681 | $62.17 | $3.12 |
| Apr 2025P1 Energy, | 572 | 347 | $63.54 | $3.42 |
| Mar 2025P1 Energy, | 411 | 526 | $68.24 | $4.12 |
| Feb 2025P1 Energy, | 327 | 342 | $71.53 | $4.19 |
| Jan 2025P1 Energy, | 297 | 177 | $75.74 | $4.13 |
| Dec 2024P1 Energy, | 336 | 524 | $70.12 | $3.01 |
| Nov 2024P1 Energy, | 307 | 187 | $69.95 | $2.12 |
| Oct 2024P1 Energy, | 375 | 356 | $71.99 | $2.20 |
| Sep 2024P1 Energy, | 538 | 356 | $70.24 | $2.28 |
| Aug 2024P1 Energy, | 254 | 338 | $76.68 | $1.99 |
| Jul 2024P1 Energy, | 469 | 683 | $81.80 | $2.07 |
| Jun 2024P1 Energy, | 487 | 342 | $79.77 | $2.54 |
| May 2024P1 Energy, | 505 | 680 | $80.02 | $2.12 |
| Apr 2024P1 Energy, | 359 | 191 | $85.35 | $1.60 |
| Mar 2024P1 Energy, | 785 | 812 | $81.28 | $1.49 |
| Feb 2024Petex | 195 | 350 | $77.25 | $1.72 |
| Jan 2024Petex | 124 | 0 | $74.15 | $3.18 |
| Dec 2023Petex | 154 | 177 | $71.90 | $2.52 |
| Nov 2023Petex | 321 | 553 | $77.69 | $2.71 |
| Oct 2023Petex | 379 | 187 | $85.64 | $2.98 |
| Sep 2023Petex | 271 | 177 | $89.43 | $2.64 |
| Aug 2023Petex | 363 | 512 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for WADE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask P1 Energy, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Ramon (Leonard) field
- WILSON -137-
6,307 bbl last 12 months
- BUSH-THOMPSON 140
2,157 bbl last 12 months
- PARKER
2,149 bbl last 12 months
- SWIFT
1,767 bbl last 12 months
- EAGLES WEST
1,637 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- JACOB-LUEDECKE
0 bbl last 12 months · 0.3 km away
- SUE ELLEN-LUEDECKE
0 bbl last 12 months · 0.4 km away
- LUEDECKE "110"
0 bbl last 12 months · 0.8 km away
- WILSON -137-
6,307 bbl last 12 months · 0.8 km away
- MCANGUS -107-
621 bbl last 12 months · 1.1 km away
Drilling permits within 10 km
PARKER #2
re-entry · Felderhoff Production Company · Schleicher County · 4.2 km away
Permit 0898055 · Mar 12, 2024
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jun 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 12283, district 7C, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.