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Texas oil lease

Producing

MASTERSON 87

Masterson 87 is an oil lease in Potter County, Texas, operated by Presidio Petroleum LLC in the Bivins Lit (Canyon Lime) field.

1 well

3,072bbl oil, last 12 months−28% vs prior year
Operator
Presidio Petroleum LLC
County
Potter County
Field
Bivins Lit (Canyon Lime)
RRC lease
10-09394

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Where it sits

This county

Potter CountyPotterHutchinsonMooreCarsonOldhamHartleyPotter County
Potter County
Gas, last 12 months
13,165 mcf
Oil in Jul 2026
384 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for MASTERSON 87, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 4,267 bbl in the 12 months before.Last 12 months: 3,072 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for MASTERSON 87, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 4,267 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

57% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Transmission line (2)
  • Flared (4)
57% of the gas went to a transmission line in the last 12 monthsShare of MASTERSON 87 gas by disposition code each month, Aug 2023 to Jul 2026. 57% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
57% of the gas went to a transmission line in the last 12 monthsShare of MASTERSON 87 gas by disposition code each month, Aug 2023 to Jul 2026. 57% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    57% · 8,916 mcf

  • Flared (4)

    43% · 6,645 mcf

42.7% of the gas flared in the last 12 months. 27 months above 3%.

1 well on this lease

Wells on MASTERSON 87
API numberWell no.Status
42-375-318492HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers90Apr 1, 2020–
Cp Energy, L.l.c.OilGathers10Apr 1, 2020–
Apache CorporationCasinghead gasBuys100Apr 1, 2020–
Apache CorporationCasinghead gasGathers100May 22, 2015–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Apr 1, 2020
Cp Energy, L.l.c.OilGathers33May 22, 2015Apr 1, 2020
Mission Petroleum Carriers, Inc.OilGathers34May 22, 2015Apr 1, 2020
Shell Trading (Us) CompanyOilGathers33May 22, 2015Apr 1, 2020

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

Who buys my oilOil price check

12,861.85 acres on the newest permit

Check your decimal on this lease
Permits for Masterson 87
API numberWell no.Acreson the permit
42-375-318492H12,861.85

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

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36 months, newest first

Ledger for MASTERSON 87
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263841861,6021,6020$80.46$2.89
Jun 202610000$84.81$3.15
May 20261281884754750$102.13$2.94
Apr 20263343761,0681,0680$100.32$2.77
Mar 20262751881,0501,0500$91.38$3.04
Feb 20262173829749740$64.51$3.62
Jan 20263561921,4421,4420$60.04$7.72
Dec 20254425731,7481,7480$57.97$4.26
Nov 20256405575570$60.06$3.79
Oct 20252983791,35001,350$60.89$3.19
Sep 20252331861,27201,272$63.96$2.97
Aug 20253403791,62701,627$64.86$2.91
Jul 20253933752,39602,396$68.39$3.20
Jun 20258607290729$68.17$3.02
May 20253213801,50501,505$62.17$3.12
Apr 20253413831,46501,465$63.54$3.42
Mar 20253713881,51201,512$68.24$4.12
Feb 20253533861,49201,492$71.53$4.19
Jan 20254433851,64501,645$75.74$4.13
Dec 20243211921,44501,445$70.12$3.01
Nov 20242693847390739$69.95$2.12
Oct 20244493791,45601,456$71.99$2.20
Sep 20245967552,00402,004$70.24$2.28
Aug 20243241871,95201,952$76.68$1.99
Jul 202400101$81.80$2.07
Jun 2024160404$79.77$2.54
May 20241521884640464$80.02$2.12
Apr 20242943808690869$85.35$1.60
Mar 20243563812340234$81.28$1.49
Feb 202433119576076$77.25$1.72
Jan 20242873822580258$74.15$3.18
Dec 20234113881200120$71.90$2.52
Nov 20234223811,08001,080$77.69$2.71
Oct 20231691914590459$85.64$2.98
Sep 20233773778800880$89.43$2.64
Aug 20233423781,49901,499$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPresidio Petroleum LLCFieldBivins Lit (Canyon Lime)CountyPotter County

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