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Texas oil lease

Producing

WATERS 240

Waters 240 is an oil lease in Lipscomb County, Texas, operated by Presidio Petroleum LLC in the Lipscomb (Cleveland) field.

5 wells

1,949bbl oil, last 12 months−17% vs prior year
Operator
Presidio Petroleum LLC
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-09027

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
21,619 mcf
Oil in Jul 2026
152 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for WATERS 240, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,949 bbl in the 12 months through Jul 2026, against 2,349 bbl in the 12 months before.Last 12 months: 1,949 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for WATERS 240, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,949 bbl in the 12 months through Jul 2026, against 2,349 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of WATERS 240 gas by disposition code each month, Aug 2023 to Jul 2026. All 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of WATERS 240 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on WATERS 240
API numberWell no.Status
42-295-330892Shut-in
42-295-340983HActive
42-295-341014HActive
42-295-341905HActive
42-295-341916HActive

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–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Eastex Crude CompanyOilGathers10Apr 1, 2020Jan 1, 2023
Kimrad Transport, LPOilGathers90Apr 1, 2020Jan 1, 2023
Plains Marketing, L.p.OilGathers100May 1, 2011Apr 1, 2020

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

Who buys my oilOil price check

650.30 acres on the newest permit

Permits for Waters 240
API numberWell no.Acreson the permit
42-295-341905H650.30
42-295-341916H650.30
42-295-340983H650.30
42-295-341014H650.30
42-295-330892650.30

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

Unit decimal checker

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36 months, newest first

Ledger for WATERS 240
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261521771,5221,5220$80.46$2.89
Jun 20261361711,5181,5180$84.81$3.15
May 20261901751,8811,8810$102.13$2.94
Apr 20261571741,9301,9300$100.32$2.77
Mar 20261891721,9701,9700$91.38$3.04
Feb 20261451731,8951,8950$64.51$3.62
Jan 20261661731,5911,5910$60.04$7.72
Dec 20251691732,0272,0270$57.97$4.26
Nov 20251291741,7811,7810$60.06$3.79
Oct 202514601,9861,9860$60.89$3.19
Sep 20251301721,5581,5580$63.96$2.97
Aug 20252403491,9601,9600$64.86$2.91
Jul 20252751582,0742,0740$68.39$3.20
Jun 20251951641,9591,9590$68.17$3.02
May 20251741681,8751,8750$62.17$3.12
Apr 20251751701,7611,7610$63.54$3.42
Mar 20251441722,1132,1130$68.24$4.12
Feb 20251721742,1332,1330$71.53$4.19
Jan 20252523241,9951,9950$75.74$4.13
Dec 20241821722,0212,0210$70.12$3.01
Nov 20241751731,9831,9830$69.95$2.12
Oct 20242281762,2502,2500$71.99$2.20
Sep 20241641782,0722,0720$70.24$2.28
Aug 20242131712,0692,0690$76.68$1.99
Jul 20242643412,3732,3730$81.80$2.07
Jun 20241641762,0622,0620$79.77$2.54
May 20242381712,2552,2550$80.02$2.12
Apr 20243183211,9651,9650$85.35$1.60
Mar 20243233302,8932,8930$81.28$1.49
Feb 20244405675670$77.25$1.72
Jan 20240032320$74.15$3.18
Dec 20234202782780$71.90$2.52
Nov 2023931745005000$77.69$2.71
Oct 2023941047547540$85.64$2.98
Sep 20231211701,1611,1610$89.43$2.64
Aug 20231771711,6461,6460$81.39$2.58

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

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This lease belongs to

OperatorPresidio Petroleum LLCFieldLipscomb (Cleveland)CountyLipscomb County

Presidio Petroleum LLC in Lipscomb County

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Lipscomb (Cleveland) field

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