Skip to content
Royalty Clerk

Texas oil lease

Producing

WATERMAN (PETTET) 3

Waterman (Pettet) 3 is an oil lease in Shelby County, Texas, operated by Merit Energy Company in the Angie,(pettet) field.

1 well

1,120bbl oil, last 12 months+6% vs prior year
Operator
Merit Energy Company
County
Shelby County
Field
Angie,(pettet)
RRC lease
06-14984

Is your check right?

Check my statement

Where it sits

This county

Shelby CountyShelbyPanolaSan AugustineNacogdochesSabineRuskShelby County
Shelby County
Gas, last 12 months
15,739 mcf
Oil in Jul 2026
136 bbl

Production by month

Oil output rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for WATERMAN (PETTET) 3, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 1,120 bbl in the 12 months through Jul 2026, against 1,061 bbl in the 12 months before.Last 12 months: 1,120 bblbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for WATERMAN (PETTET) 3, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 1,120 bbl in the 12 months through Jul 2026, against 1,061 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of WATERMAN (PETTET) 3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of WATERMAN (PETTET) 3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Apr 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    61% · 9,525 mcf

  • Transmission line (2)

    39% · 6,214 mcf

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeLime Rock Resources III-A, L.P., Jan 2020 to Dec 2020; Merit Energy Company, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Lime Rock Resources III-A, L.…Jan 2020 to Dec 2020Merit Energy CompanyJan 2021 to now
Operators of this lease over timeLime Rock Resources III-A, L.P., Jan 2020 to Dec 2020; Merit Energy Company, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Lime Rock Resources III-A, L.P.Jan 2020 to Dec 2020Merit Energy CompanyJan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WATERMAN (PETTET) 3
API numberWell no.Status
42-419-315721HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Merit Energy CompanyCasinghead gasBuys100Jan 1, 2021–
Merit Energy CompanyCasinghead gasGathers100Jan 1, 2021–
Eastex Crude CompanyOilGathers100Jun 8, 2010Jan 1, 2023
Lime Rock Resources Iii-A, L.p.Casinghead gasGathers100Jun 1, 2015Jan 1, 2021
Lime Rock Resources Iii-A, L.p.Casinghead gasBuys100Jun 1, 2015Jan 1, 2021

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

Who buys my oilOil price check

352 acres on the newest permit

Check your decimal on this lease
Permits for Waterman (Pettet) 3
API numberWell no.Acreson the permit
42-419-315721H352

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WATERMAN (PETTET) 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Merit Energy13618978800$80.46$2.89
Jun 2026Merit Energy6909761750$84.81$3.15
May 2026Merit Energy16216582100$102.13$2.94
Apr 2026Merit Energy001,5997540$100.32$2.77
Mar 2026Merit Energy1192991,7588840$91.38$3.04
Feb 2026Merit Energy7501,6418720$64.51$3.62
Jan 2026Merit Energy10201,8511,0740$60.04$7.72
Dec 2025Merit Energy12615771300$57.97$4.26
Nov 2025Merit Energy1141501,7209490$60.06$3.79
Oct 2025Merit Energy901,1253390$60.89$3.19
Sep 2025Merit Energy1191761,6098320$63.96$2.97
Aug 2025Merit Energy8901,1383350$64.86$2.91
Jul 2025Merit Energy911611,5777430$68.39$3.20
Jun 2025Merit Energy7501,5877630$68.17$3.02
May 2025Merit Energy1121661,7268500$62.17$3.12
Apr 2025Merit Energy883201,7649150$63.54$3.42
Mar 2025Merit Energy13301,9621,0880$68.24$4.12
Feb 2025Merit Energy1421602,2481,4650$71.53$4.19
Jan 2025Merit Energy63241300$75.74$4.13
Dec 2024Merit Energy6901,7748970$70.12$3.01
Nov 2024Merit Energy1073711,7178650$69.95$2.12
Oct 2024Merit Energy861681,8169340$71.99$2.20
Sep 2024Merit Energy75371,6848340$70.24$2.28
Aug 2024Merit Energy7701,2785380$76.68$1.99
Jul 2024Merit Energy843369031710$81.80$2.07
Jun 2024Merit Energy8301,6378740$79.77$2.54
May 2024Merit Energy7201,8459640$80.02$2.12
Apr 2024Merit Energy983231,9441,0360$85.35$1.60
Mar 2024Merit Energy11202,0291,0920$81.28$1.49
Feb 2024Merit Energy8001,8729990$77.25$1.72
Jan 2024Merit Energy9401,7959410$74.15$3.18
Dec 2023Merit Energy831581,9741,0470$71.90$2.52
Nov 2023Merit Energy1131662,0421,1330$77.69$2.71
Oct 2023Merit Energy961632,0161,0830$85.64$2.98
Sep 2023Merit Energy6601,9571,0530$89.43$2.64
Aug 2023Merit Energy991571,9771,0510$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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorMerit Energy CompanyFieldAngie,(pettet)CountyShelby County

Merit Energy Company in Shelby County

All Merit Energy Company leases →

Angie,(pettet) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km