Skip to content
Royalty Clerk

Texas oil lease

Producing

WALDROP 'TP' 4

Waldrop 'TP' 4 is an oil lease in Smith County, Texas, operated by Faulconer Energy, LLC in the Overton (Travis Peak) field.

1 well

2,049bbl oil, last 12 months
RRC lease
06-16124

Is your check right?

Check my statement

Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
27,207 mcf
Oil in Jul 2026
120 bbl

Production by month

Oil output fell 71% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 71% since Apr 2025Monthly oil production and gas for WALDROP 'TP' 4, Apr 2025 to Jul 2026. Oil output fell 71% since Apr 2025. Monthly average of 126 bbl in the latest 3 months, against 430 bbl in the first 3.bbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Apr 25JulOctJan 26AprJul
Oil output fell 71% since Apr 2025Monthly oil production and gas for WALDROP 'TP' 4, Apr 2025 to Jul 2026. Oil output fell 71% since Apr 2025. Monthly average of 126 bbl in the latest 3 months, against 430 bbl in the first 3.bbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
94% of the gas went to a transmission line in the last 12 monthsShare of WALDROP 'TP' 4 gas by disposition code each month, Apr 2025 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of WALDROP 'TP' 4 gas by disposition code each month, Apr 2025 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 25,527 mcf

  • Lease fuel (1)

    6.2% · 1,680 mcf

1 well on this lease

Wells on WALDROP 'TP' 4
API numberWell no.Status
42-423-318544Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Apr 19, 2025
Faulconer Energy, LLCCasinghead gasBuys100Apr 19, 2025
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Apr 19, 2025

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

40 acres on the newest permit

Permits for Waldrop 'TP' 4
API numberWell no.Acreson the permit
42-423-31854440

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

Estimate your royalty

16 months, newest first

Ledger for WALDROP 'TP' 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261201502,0201,8860$80.46$2.89
Jun 20261161532,0081,8760$84.81$3.15
May 202614112,1582,0360$102.13$2.94
Apr 20261431642,1592,0360$100.32$2.77
Mar 20261661552,0771,9510$91.38$3.04
Feb 20261551611,8371,7130$64.51$3.62
Jan 20261521671,8321,7090$60.04$7.72
Dec 20251821622,1882,0500$57.97$4.26
Nov 20251871622,3722,2270$60.06$3.79
Oct 20252073162,6992,5360$60.89$3.19
Sep 20252181582,7762,6090$63.96$2.97
Aug 20252623313,0812,8980$64.86$2.91
Jul 20253093323,4633,2610$68.39$3.20
Jun 20253252643,6863,5010$68.17$3.02
May 20255646474,5044,2920$62.17$3.12
Apr 20254022021,8141,7230$63.54$3.42

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Nearby

Faulconer Energy, LLC in Smith County

All Faulconer Energy, LLC leases →

Leases within 10 km

Drilling permits within 10 km