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Texas oil lease

Producing

WALDROP, M. G.

Waldrop, M. G. is an oil lease in Panola County, Texas, operated by Richey Properties, Inc. in the Itex (Pettet) field.

1 well

776bbl oil, last 12 months−8% vs prior year
Operator
Richey Properties, Inc.
County
Panola County
Field
Itex (Pettet)
RRC lease
06-10691

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil in Jul 2026
30 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production for WALDROP, M. G., Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 776 bbl in the 12 months through Jul 2026, against 845 bbl in the 12 months before.Last 12 months: 776 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production for WALDROP, M. G., Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 776 bbl in the 12 months through Jul 2026, against 845 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.

1 well on this lease

Wells on WALDROP, M. G.
API numberWell no.Status
42-365-313791Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Sep 1, 2026–
Plains Marketing, L.p.OilGathers100Jul 1, 2000Sep 1, 2026

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

Who buys my oilOil price check

40 acres on the newest permit

Check your decimal on this lease
Permits for Waldrop, M. G.
API numberWell no.Acreson the permit
42-365-31379140

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WALDROP, M. G.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026300$80.46$2.89
Jun 2026115159$84.81$3.15
May 2026300$102.13$2.94
Apr 2026140163$100.32$2.77
Mar 2026300$91.38$3.04
Feb 202690161$64.51$3.62
Jan 2026250$60.04$7.72
Dec 2025250$57.97$4.26
Nov 2025200$60.06$3.79
Oct 2025166165$60.89$3.19
Sep 202565164$63.96$2.97
Aug 2025400$64.86$2.91
Jul 2025500$68.39$3.20
Jun 2025140166$68.17$3.02
May 2025400$62.17$3.12
Apr 202570157$63.54$3.42
Mar 2025400$68.24$4.12
Feb 2025500$71.53$4.19
Jan 202585145$75.74$4.13
Dec 2024200$70.12$3.01
Nov 2024300$69.95$2.12
Oct 2024120172$71.99$2.20
Sep 2024400$70.24$2.28
Aug 2024160171$76.68$1.99
Jul 2024300$81.80$2.07
Jun 2024170169$79.77$2.54
May 2024110163$80.02$2.12
Apr 2024500$85.35$1.60
Mar 202460163$81.28$1.49
Feb 2024500$77.25$1.72
Jan 2024600$74.15$3.18
Dec 202399159$71.90$2.52
Nov 2023450$77.69$2.71
Oct 2023175170$85.64$2.98
Sep 202390168$89.43$2.64
Aug 2023350$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

OperatorRichey Properties, Inc.FieldItex (Pettet)CountyPanola County

Richey Properties, Inc. in Panola County

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Itex (Pettet) field

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