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Texas oil lease

Producing

WHEELER, W. M.

Wheeler, W. M. is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

6 wells

305bbl oil, last 12 months−15% vs prior year
RRC lease
6E-07467

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Oil in Jul 2026
25 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production for WHEELER, W. M., Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 305 bbl in the 12 months through Jul 2026, against 357 bbl in the 12 months before.Last 12 months: 305 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production for WHEELER, W. M., Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 305 bbl in the 12 months through Jul 2026, against 357 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 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.

6 wells on this lease

Wells on WHEELER, W. M.
API numberWell no.Status
42-183-850711Active
42-183-850722Active
42-183-850733Active
42-183-850744Active
42-183-850755Active
42-183-850777Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Apr 1, 2025–
Plains Marketing, L.p.OilGathers10Apr 1, 2025–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021–
Plains Marketing, L.p.OilGathers100Jul 1, 2023Apr 1, 2025
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021Jul 1, 2023
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021
Plains Marketing, L.p.OilGathers100Jul 1, 2020Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2010Jul 1, 2020

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Wheeler, W. M.
API numberWell no.Acreson the permit
42-183-850711–
42-183-850722–
42-183-850733–
42-183-850744–
42-183-850755–
42-183-850766–
42-183-850777–

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

Estimate your royalty

36 months, newest first

Ledger for WHEELER, W. M.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026250$80.46$2.89
Jun 2026320$84.81$3.15
May 2026450$102.13$2.94
Apr 2026200$100.32$2.77
Mar 202627139$91.38$3.04
Feb 2026320$64.51$3.62
Jan 2026300$60.04$7.72
Dec 202520$57.97$4.26
Nov 202500$60.06$3.79
Oct 2025310$60.89$3.19
Sep 202535148$63.96$2.97
Aug 2025260$64.86$2.91
Jul 2025460$68.39$3.20
Jun 2025130$68.17$3.02
May 2025280$62.17$3.12
Apr 202518112$63.54$3.42
Mar 2025310$68.24$4.12
Feb 2025360$71.53$4.19
Jan 2025400$75.74$4.13
Dec 202435151$70.12$3.01
Nov 2024290$69.95$2.12
Oct 2024250$71.99$2.20
Sep 2024240$70.24$2.28
Aug 2024320$76.68$1.99
Jul 202423154$81.80$2.07
Jun 2024130$79.77$2.54
May 2024200$80.02$2.12
Apr 2024300$85.35$1.60
Mar 2024320$81.28$1.49
Feb 2024280$77.25$1.72
Jan 202433159$74.15$3.18
Dec 2023260$71.90$2.52
Nov 2023300$77.69$2.71
Oct 2023290$85.64$2.98
Sep 2023290$89.43$2.64
Aug 2023410$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

Leases within 10 km

Drilling permits within 10 km