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Texas oil lease

Producing

WAGGONER 4N1

Waggoner 4N1 is an oil lease in Wilbarger County, Texas, operated by Covenant Operating, LLC in the Wilbarger County Regular field.

9 wells

2,568bbl oil, last 12 months−14% vs prior year
Operator
Covenant Operating, LLC
County
Wilbarger County
Field
Wilbarger County Regular
RRC lease
09-33071

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Where it sits

This county

Wilbarger CountyWilbargerFoardWichitaHardemanWilbarger County
Wilbarger County
Oil in Jul 2026
229 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production for WAGGONER 4N1, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 2,568 bbl in the 12 months through Jul 2026, against 2,979 bbl in the 12 months before.Last 12 months: 2,568 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production for WAGGONER 4N1, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 2,568 bbl in the 12 months through Jul 2026, against 2,979 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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.

9 wells on this lease

Wells on WAGGONER 4N1
API numberWell no.Status
42-487-3300019ELActive
42-487-330271Active
42-487-330524Active
42-487-330776Active
42-487-331197Active
42-487-331448Active
42-487-331739Active
42-487-3317410Active
42-487-3319511Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers50May 1, 2025–
Sentinel Transportation, LLCOilGathers50May 1, 2025–
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023May 1, 2025
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

1,740 acres on the newest permit

  • Good to know

    9 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Waggoner 4N1
API numberWell no.Acreson the permit
42-487-33195111,740
42-487-3317391,740
42-487-33174101,740
42-487-3314481,740
42-487-3311971,740
42-487-3300019EL1,740
42-487-3307761,740
42-487-3305241,740
42-487-3302711,740

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WAGGONER 4N1
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026229312$80.46$2.89
Jun 2026163160$84.81$3.15
May 2026199168$102.13$2.94
Apr 2026194167$100.32$2.77
Mar 2026206213$91.38$3.04
Feb 2026202288$64.51$3.62
Jan 2026195165$60.04$7.72
Dec 2025233290$57.97$4.26
Nov 2025238169$60.06$3.79
Oct 2025238164$60.89$3.19
Sep 2025238283$63.96$2.97
Aug 2025233326$64.86$2.91
Jul 2025239167$68.39$3.20
Jun 2025230336$68.17$3.02
May 2025227169$62.17$3.12
Apr 2025247173$63.54$3.42
Mar 2025252346$68.24$4.12
Feb 2025239176$71.53$4.19
Jan 2025271351$75.74$4.13
Dec 2024272195$70.12$3.01
Nov 2024232176$69.95$2.12
Oct 2024258364$71.99$2.20
Sep 2024253174$70.24$2.28
Aug 2024259352$76.68$1.99
Jul 2024255180$81.80$2.07
Jun 2024248349$79.77$2.54
May 2024264173$80.02$2.12
Apr 2024271369$85.35$1.60
Mar 2024286166$81.28$1.49
Feb 2024283361$77.25$1.72
Jan 2024282186$74.15$3.18
Dec 2023316357$71.90$2.52
Nov 2023293357$77.69$2.71
Oct 2023308165$85.64$2.98
Sep 2023295330$89.43$2.64
Aug 2023322318$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

This lease belongs to

OperatorCovenant Operating, LLCFieldWilbarger County RegularCountyWilbarger County

Covenant Operating, LLC in Wilbarger County

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Wilbarger County Regular field

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