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Texas oil lease

Producing

KEY

Key is an oil lease in Burleson County, Texas, operated by Ernest Operating Company in the Willard (Navarro) field.

5 wells

514bbl oil, last 12 months−8% vs prior year
Operator
Ernest Operating Company
County
Burleson County
Field
Willard (Navarro)
RRC lease
03-11788

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Oil in Jul 2026
42 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production for KEY, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 514 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 months: 514 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production for KEY, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 514 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 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.

5 wells on this lease

Wells on KEY
API numberWell no.Status
42-051-302881WActive
42-051-303264Active
42-051-303922Active
42-051-303935Active
42-051-331926Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Jan 1, 2025–
Blm Pipeline, Inc.Casinghead gasGathers100Jul 1, 2008Jan 1, 2025
Blm Pipeline, Inc.Casinghead gasBuys100Jul 1, 2008Jan 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Jan 1, 2025
Ngl Crude Logistics, LLCOilGathers50Sep 1, 2014Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jun 1, 2014Dec 1, 2022

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

Who buys my oilOil price check

146 acres on the newest permit

The wells on this lease state different acreage

The permits state between 145 and 156 acres.

Permits for Key
API numberWell no.Acreson the permit
42-051-331926146
42-051-303922156
42-051-303935156
42-051-303264145
42-051-302881W156

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

Unit decimal checker

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36 months, newest first

Ledger for KEY
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026420$80.46$2.89
Jun 2026480$84.81$3.15
May 2026380$102.13$2.94
Apr 202638172$100.32$2.77
Mar 2026460$91.38$3.04
Feb 2026420$64.51$3.62
Jan 2026330$60.04$7.72
Dec 202551180$57.97$4.26
Nov 2025430$60.06$3.79
Oct 2025490$60.89$3.19
Sep 2025540$63.96$2.97
Aug 202530179$64.86$2.91
Jul 2025600$68.39$3.20
Jun 2025290$68.17$3.02
May 2025500$62.17$3.12
Apr 202540157$63.54$3.42
Mar 2025450$68.24$4.12
Feb 2025500$71.53$4.19
Jan 202530162$75.74$4.13
Dec 2024380$70.12$3.01
Nov 2024600$69.95$2.12
Oct 2024710$71.99$2.20
Sep 202426170$70.24$2.28
Aug 2024600$76.68$1.99
Jul 202442171$81.80$2.07
Jun 2024490$79.77$2.54
May 2024430$80.02$2.12
Apr 202459178$85.35$1.60
Mar 2024370$81.28$1.49
Feb 2024330$77.25$1.72
Jan 2024530$74.15$3.18
Dec 202345167$71.90$2.52
Nov 2023590$77.69$2.71
Oct 2023500$85.64$2.98
Sep 2023510$89.43$2.64
Aug 2023260$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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Nearby

This lease belongs to

OperatorErnest Operating CompanyFieldWillard (Navarro)CountyBurleson County

Ernest Operating Company in Burleson County

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Willard (Navarro) field

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