Texas oil lease
ProducingWAGGONER, J. & J.
Waggoner, J. & J. is an oil lease in Wichita County, Texas, operated by Covenant Operating, LLC in the K-M-A field.
2 wells
- Operator
- Covenant Operating, LLC
- County
- Wichita County
- Field
- K-M-A
- RRC lease
- 09-06296
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 42 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Operator
Operator changed: Covenant Operating, LLC took over from Ginnings Company in May 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output rose 23% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in May 2025
- Covenant Operating, LLC May 2025 to now
- Ginnings Company Jan 2020 to Apr 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-485-87138 | 1 | Active |
| 42-485-87139 | 3 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Ptt Premier Trading and Tran LLC | Oil | Gathers | 100 | Jun 1, 2024 | – |
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Oct 1, 2018 | Jun 1, 2024 |
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-485-87138 | 1 | – | Jul 2, 2023 | – |
| 42-485-87139 | 3 | – | Oct 8, 1938 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Covenant Operating, | 42 | 41 | $80.46 | $2.89 |
| Jun 2026Covenant Operating, | 35 | 52 | $84.81 | $3.15 |
| May 2026Covenant Operating, | 47 | 73 | $102.13 | $2.94 |
| Apr 2026Covenant Operating, | 41 | 0 | $100.32 | $2.77 |
| Mar 2026Covenant Operating, | 44 | 61 | $91.38 | $3.04 |
| Feb 2026Covenant Operating, | 47 | 78 | $64.51 | $3.62 |
| Jan 2026Covenant Operating, | 41 | 0 | $60.04 | $7.72 |
| Dec 2025Covenant Operating, | 52 | 54 | $57.97 | $4.26 |
| Nov 2025Covenant Operating, | 52 | 105 | $60.06 | $3.79 |
| Oct 2025Covenant Operating, | 43 | 0 | $60.89 | $3.19 |
| Sep 2025Covenant Operating, | 40 | 167 | $63.96 | $2.97 |
| Aug 2025Covenant Operating, | 44 | 0 | $64.86 | $2.91 |
| Jul 2025Covenant Operating, | 43 | 0 | $68.39 | $3.20 |
| Jun 2025Covenant Operating, | 43 | 0 | $68.17 | $3.02 |
| May 2025Covenant Operating, | 37 | 169 | $62.17 | $3.12 |
| Apr 2025Ginnings Company | 45 | 0 | $63.54 | $3.42 |
| Mar 2025Ginnings Company | 40 | 0 | $68.24 | $4.12 |
| Feb 2025Ginnings Company | 33 | 0 | $71.53 | $4.19 |
| Jan 2025Ginnings Company | 32 | 0 | $75.74 | $4.13 |
| Dec 2024Ginnings Company | 41 | 152 | $70.12 | $3.01 |
| Nov 2024Ginnings Company | 28 | 0 | $69.95 | $2.12 |
| Oct 2024Ginnings Company | 30 | 0 | $71.99 | $2.20 |
| Sep 2024Ginnings Company | 27 | 0 | $70.24 | $2.28 |
| Aug 2024Ginnings Company | 29 | 0 | $76.68 | $1.99 |
| Jul 2024Ginnings Company | 20 | 147 | $81.80 | $2.07 |
| Jun 2024Ginnings Company | 26 | 0 | $79.77 | $2.54 |
| May 2024Ginnings Company | 20 | 0 | $80.02 | $2.12 |
| Apr 2024Ginnings Company | 15 | 0 | $85.35 | $1.60 |
| Mar 2024Ginnings Company | 14 | 0 | $81.28 | $1.49 |
| Feb 2024Ginnings Company | 4 | 0 | $77.25 | $1.72 |
| Jan 2024Ginnings Company | 12 | 0 | $74.15 | $3.18 |
| Dec 2023Ginnings Company | 10 | 0 | $71.90 | $2.52 |
| Nov 2023Ginnings Company | 11 | 0 | $77.69 | $2.71 |
| Oct 2023Ginnings Company | 10 | 0 | $85.64 | $2.98 |
| Sep 2023Ginnings Company | 3 | 0 | $89.43 | $2.64 |
| Aug 2023Ginnings Company | 4 | 157 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Covenant Operating, LLC in Wichita County
- WAGGONER - AURORA
4,744 bbl
- WAGGONER ROUGH CREEK
1,789 bbl
- WAGGONER ROUGH CREEK
1,628 bbl
- WAGGONER - AURORA
715 bbl
- WAGGONER - AURORA
473 bbl
K-M-A field
- BURNETT, WILL
594 bbl
- CHILSON
575 bbl
- SEAY, W. T.
553 bbl
- MICHIE, T. B.
495 bbl
- KEMP "A"
495 bbl
- BURNETT, WILL -A-
467 bbl
- BISHOP, MARY
459 bbl
- BURNS MCCUTCHIN
447 bbl
- MILLER, J.F. A
446 bbl
- MITCHELL -D-
445 bbl
Leases within 10 km
- BRADLEY
944 bbl · 0.5 km
- WAGGONER -J-
121 bbl · 0.8 km
- MARTIN, N. H.
188 bbl · 0.8 km
- MARTIN PROPERTIES -B-
6,231 bbl · 0.9 km
- WAGGONER BROTHERS
2,379 bbl · 0.9 km
- BRADLEY
646 bbl · 1.1 km
- WAGGONER, J. & J.
2,591 bbl · 1.2 km
- MARTIN, N. H. ETAL
300 bbl · 1.2 km
- HAMILTON, ETAL
901 bbl · 1.2 km
- WAGGONER, J. & J.
0 bbl · 1.3 km
Drilling permits within 10 km
SAUDER A #11
new drill · R2q Operating LLC · Wichita County · 6.3 km
Permit 0918471 · Sep 18, 2026
THROCKMORTON #1
new drill · Kodiak Oil & Gas, Inc. · Wichita County · 5.7 km
Permit 0917938 · Aug 24, 2026
FIRST NATIONAL SH.B #1
new drill · Newport Operating, LLC · Wichita County · 8.8 km
Permit 0915842 · May 27, 2026
POTTS TWO #10
new drill · Mountain Creek Oil Company, Inc. · Wichita County · 7.4 km
Permit 0914706 · Apr 10, 2026
SAUDER A #9
new drill · R2q Operating LLC · Wichita County · 6.7 km
Permit 0914688 · Apr 9, 2026