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Texas oil lease

Producing

MAYO

Mayo is an oil lease in Clay County, Texas, operated by Covenant Operating, LLC in the Joy (Strawn) field.

1 well

607bbl oil, last 12 months−15% vs prior year
Operator
Covenant Operating, LLC
County
Clay County
Field
Joy (Strawn)
RRC lease
09-34065

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Where it sits

This county

Clay CountyClayWichitaMontagueArcherClay County
Clay County
Oil in Jul 2026
59 bbl
Reporting since
Dec 2021

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 MAYO, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 607 bbl in the 12 months through Jul 2026, against 717 bbl in the 12 months before.Last 12 months: 607 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production for MAYO, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 607 bbl in the 12 months through Jul 2026, against 717 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 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.

1 well on this lease

Wells on MAYO
API numberWell no.Status
42-077-353141Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers50May 1, 2025–
Sentinel Transportation, LLCOilGathers50May 1, 2025–
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023May 1, 2025
Gulfmark Energy, Inc.OilGathers100Dec 10, 2021Nov 1, 2023

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

Who buys my oilOil price check

100 acres on the newest permit

Check your decimal on this lease
Permits for Mayo
API numberWell no.Acreson the permit
42-077-353141100

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MAYO
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 20265937$80.46$2.89
Jun 20263467$84.81$3.15
May 20265067$102.13$2.94
Apr 2026500$100.32$2.77
Mar 202654114$91.38$3.04
Feb 2026500$64.51$3.62
Jan 20264784$60.04$7.72
Dec 2025530$57.97$4.26
Nov 20255064$60.06$3.79
Oct 20255595$60.89$3.19
Sep 2025510$63.96$2.97
Aug 20255452$64.86$2.91
Jul 20255473$68.39$3.20
Jun 202555126$68.17$3.02
May 20256129$62.17$3.12
Apr 2025510$63.54$3.42
Mar 20256051$68.24$4.12
Feb 20255266$71.53$4.19
Jan 202566124$75.74$4.13
Dec 2024670$70.12$3.01
Nov 202461149$69.95$2.12
Oct 2024580$71.99$2.20
Sep 202457175$70.24$2.28
Aug 2024750$76.68$1.99
Jul 2024780$81.80$2.07
Jun 202461143$79.77$2.54
May 2024760$80.02$2.12
Apr 202476168$85.35$1.60
Mar 2024830$81.28$1.49
Feb 202496168$77.25$1.72
Jan 2024530$74.15$3.18
Dec 202381177$71.90$2.52
Nov 2023860$77.69$2.71
Oct 202393161$85.64$2.98
Sep 2023580$89.43$2.64
Aug 202371169$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

This lease belongs to

OperatorCovenant Operating, LLCFieldJoy (Strawn)CountyClay County

Covenant Operating, LLC in Clay County

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Joy (Strawn) field

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