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Texas oil lease

Producing

PHILLIPS

Phillips is an oil lease in Young County, Texas, operated by Borderline Operating Corp. in the Stovall (McLester) field.

6 wells

1,402bbl oil, last 12 months−29% vs prior year
Operator
Borderline Operating Corp.
County
Young County
Field
Stovall (McLester)
RRC lease
09-22343

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Oil in Jul 2026
167 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production for PHILLIPS, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 1,402 bbl in the 12 months through Jul 2026, against 1,967 bbl in the 12 months before.Last 12 months: 1,402 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production for PHILLIPS, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 1,402 bbl in the 12 months through Jul 2026, against 1,967 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L…Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Borderline Operating Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Oct 2024Borderline Operating Corp.Nov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on PHILLIPS
API numberWell no.Status
42-503-357181Active
42-503-361643Active
42-503-372364Active
42-503-376116Shut-in
42-503-376125Active
42-503-385568Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
True Oil Trucking & Mktg, LLCOilGathers100Nov 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Nov 1, 2024
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Nov 1, 2024
Sentinel Transportation, LLCOilGathers100Jan 1, 2000Nov 1, 2024

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

Who buys my oilOil price check

520 acres on the newest permit

Permits for Phillips
API numberWell no.Acreson the permit
42-503-385568520
42-503-376116520
42-503-376125520
42-503-372364520
42-503-361643520
42-503-357181520

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

Unit decimal checker

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36 months, newest first

Ledger for PHILLIPS
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Borderline Operating167167$80.46$2.89
Jun 2026Borderline Operating76166$84.81$3.15
May 2026Borderline Operating900$102.13$2.94
Apr 2026Borderline Operating169169$100.32$2.77
Mar 2026Borderline Operating81171$91.38$3.04
Feb 2026Borderline Operating900$64.51$3.62
Jan 2026Borderline Operating171171$60.04$7.72
Dec 2025Borderline Operating111209$57.97$4.26
Nov 2025Borderline Operating900$60.06$3.79
Oct 2025Borderline Operating177177$60.89$3.19
Sep 2025Borderline Operating90172$63.96$2.97
Aug 2025Borderline Operating900$64.86$2.91
Jul 2025Borderline Operating175175$68.39$3.20
Jun 2025Borderline Operating336336$68.17$3.02
May 2025Borderline Operating77167$62.17$3.12
Apr 2025Borderline Operating900$63.54$3.42
Mar 2025Borderline Operating338338$68.24$4.12
Feb 2025Borderline Operating169169$71.53$4.19
Jan 2025Borderline Operating156156$75.74$4.13
Dec 2024Borderline Operating353353$70.12$3.01
Nov 2024Borderline Operating109355$69.95$2.12
Oct 2024Three P570$71.99$2.20
Sep 2024Three P630$70.24$2.28
Aug 2024Three P44169$76.68$1.99
Jul 2024Three P680$81.80$2.07
Jun 2024Three P100$79.77$2.54
May 2024Three P100$80.02$2.12
Apr 2024Three P370$85.35$1.60
Mar 2024Three P350$81.28$1.49
Feb 2024Three P52167$77.25$1.72
Jan 2024Three P210$74.15$3.18
Dec 2023Three P390$71.90$2.52
Nov 2023Three P450$77.69$2.71
Oct 2023Three P530$85.64$2.98
Sep 2023Three P47174$89.43$2.64
Aug 2023Three P720$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

OperatorBorderline Operating Corp.FieldStovall (McLester)CountyYoung County

Borderline Operating Corp. in Young County

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Stovall (McLester) field

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