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Texas oil lease

Shut in

WALTERS RANCH

Walters Ranch is an oil lease in Palo Pinto County, Texas, operated by Incendium Resources LLC in the Oran (Marble Falls) field.

1 well

0bbl oil, last 12 months
RRC lease
7B-30590

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Where it sits

This county

Palo Pinto CountyPalo PintoWiseJackHoodStephensParkerYoungPalo Pinto County
Palo Pinto County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Incendium Resources LLC took over from Arrowhead Productions, LP in Feb 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Nov 8, 2023).

  • Buyer

    Buyer changed: TARGA MIDSTREAM SERVICES LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from oil wells on Feb 1, 2025.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeArrowhead Productions, LP, Jan 2020 to Jan 2025; Incendium Resources LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Arrowhead Productions, LPJan 2020 to Jan 2025Incendium Resources LLCFeb 2025 to now
Operators of this lease over timeArrowhead Productions, LP, Jan 2020 to Jan 2025; Incendium Resources LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Arrowhead Productions, LPJan 2020 to Jan 2025Incendium Resources LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WALTERS RANCH
API numberWell no.Status
42-363-359602HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Feb 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Feb 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Feb 1, 2025–
Eog Resources, Inc.Casinghead gasGathers100Jan 1, 2010Feb 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Feb 1, 2025
True Oil Trucking & Mktg, LLCOilGathers100Oct 1, 2018Feb 1, 2025

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

3,090.74 acres on the newest permit

Permits for Walters Ranch
API numberWell no.Acreson the permit
42-363-359602H3,090.74

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

Estimate your royalty

36 months, newest first

Ledger for WALTERS RANCH
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Incendium Resources00$80.46$2.89
Jun 2026Incendium Resources00$84.81$3.15
May 2026Incendium Resources00$102.13$2.94
Apr 2026Incendium Resources00$100.32$2.77
Mar 2026Incendium Resources00$91.38$3.04
Feb 2026Incendium Resources00$64.51$3.62
Jan 2026Incendium Resources00$60.04$7.72
Dec 2025Incendium Resources00$57.97$4.26
Nov 2025Incendium Resources00$60.06$3.79
Oct 2025Incendium Resources00$60.89$3.19
Sep 2025Incendium Resources00$63.96$2.97
Aug 2025Incendium Resources00$64.86$2.91
Jul 2025Incendium Resources00$68.39$3.20
Jun 2025Incendium Resources00$68.17$3.02
May 2025Incendium Resources00$62.17$3.12
Apr 2025Incendium Resources00$63.54$3.42
Mar 2025Incendium Resources00$68.24$4.12
Feb 2025Incendium Resources0182$71.53$4.19
Jan 2025Arrowhead Productions,00$75.74$4.13
Dec 2024Arrowhead Productions,00$70.12$3.01
Nov 2024Arrowhead Productions,00$69.95$2.12
Oct 2024Arrowhead Productions,00$71.99$2.20
Sep 2024Arrowhead Productions,00$70.24$2.28
Aug 2024Arrowhead Productions,00$76.68$1.99
Jul 2024Arrowhead Productions,00$81.80$2.07
Jun 2024Arrowhead Productions,00$79.77$2.54
May 2024Arrowhead Productions,00$80.02$2.12
Apr 2024Arrowhead Productions,00$85.35$1.60
Mar 2024Arrowhead Productions,00$81.28$1.49
Feb 2024Arrowhead Productions,00$77.25$1.72
Jan 2024Arrowhead Productions,00$74.15$3.18
Dec 2023Arrowhead Productions,00$71.90$2.52
Nov 2023Arrowhead Productions,00$77.69$2.71
Oct 2023Arrowhead Productions,00$85.64$2.98
Sep 2023Arrowhead Productions,00$89.43$2.64
Aug 2023Arrowhead Productions,00$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

Incendium Resources LLC in Palo Pinto County

All Incendium Resources LLC leases →

Oran (Marble Falls) field

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