Texas oil lease
ProducingUNDERWOOD
Underwood is an oil lease in Winkler County, Texas, operated by Basin Oil & Gas Operating, LLC in the Keystone (Colby) field.
3 wells
- Operator
- Basin Oil & Gas Operating, LLC
- County
- Winkler County
- Field
- Keystone (Colby)
- RRC lease
- 08-32345
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 312 bbl
- Reporting since
- Jan 2020
Production by month
Oil output rose 27% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 2 times, most recently in Sep 2024
- Basin Oil & Gas Operating, LLC Sep 2024 to now
- Oak Prairie Operations, LLC Feb 2021 to Aug 2024
- Endeavor Energy Resources L.P. Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-495-05891 | 2 | Active |
| 42-495-32221 | 1 | Active |
| 42-495-32306 | 3 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Oasis Transp & Marketing Corp. | Oil | Gathers | 100 | Apr 1, 2011 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Sep 1, 2024 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 1, 2015 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2015 | Sep 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
94 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 94 and 99 acres. Use the acres from your own division order for the well you are paid on.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-495-32306 | 3 | Jan 2, 1990 | Mar 1, 1990 | 94 |
| 42-495-05891 | 2 | Jul 12, 1989 | Oct 15, 1989 | 99 |
| 42-495-32221 | 1 | Nov 10, 1988 | Jul 5, 1989 | 94 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Basin Oil | 312 | 370 | $80.46 | $2.89 |
| Jun 2026Basin Oil | 323 | 380 | $84.81 | $3.15 |
| May 2026Basin Oil | 334 | 179 | $102.13 | $2.94 |
| Apr 2026Basin Oil | 335 | 373 | $100.32 | $2.77 |
| Mar 2026Basin Oil | 334 | 358 | $91.38 | $3.04 |
| Feb 2026Basin Oil | 330 | 342 | $64.51 | $3.62 |
| Jan 2026Basin Oil | 279 | 342 | $60.04 | $7.72 |
| Dec 2025Basin Oil | 347 | 369 | $57.97 | $4.26 |
| Nov 2025Basin Oil | 351 | 185 | $60.06 | $3.79 |
| Oct 2025Basin Oil | 48 | 0 | $60.89 | $3.19 |
| Sep 2025Basin Oil | 0 | 129 | $63.96 | $2.97 |
| Aug 2025Basin Oil | 43 | 0 | $64.86 | $2.91 |
| Jul 2025Basin Oil | 88 | 0 | $68.39 | $3.20 |
| Jun 2025Basin Oil | 92 | 190 | $68.17 | $3.02 |
| May 2025Basin Oil | 95 | 1 | $62.17 | $3.12 |
| Apr 2025Basin Oil | 85 | 188 | $63.54 | $3.42 |
| Mar 2025Basin Oil | 233 | 190 | $68.24 | $4.12 |
| Feb 2025Basin Oil | 228 | 180 | $71.53 | $4.19 |
| Jan 2025Basin Oil | 257 | 374 | $75.74 | $4.13 |
| Dec 2024Basin Oil | 281 | 194 | $70.12 | $3.01 |
| Nov 2024Basin Oil | 270 | 361 | $69.95 | $2.12 |
| Oct 2024Basin Oil | 272 | 193 | $71.99 | $2.20 |
| Sep 2024Basin Oil | 248 | 376 | $70.24 | $2.28 |
| Aug 2024Oak Prairie | 246 | 172 | $76.68 | $1.99 |
| Jul 2024Oak Prairie | 223 | 181 | $81.80 | $2.07 |
| Jun 2024Oak Prairie | 216 | 184 | $79.77 | $2.54 |
| May 2024Oak Prairie | 263 | 364 | $80.02 | $2.12 |
| Apr 2024Oak Prairie | 242 | 176 | $85.35 | $1.60 |
| Mar 2024Oak Prairie | 253 | 362 | $81.28 | $1.49 |
| Feb 2024Oak Prairie | 254 | 182 | $77.25 | $1.72 |
| Jan 2024Oak Prairie | 230 | 184 | $74.15 | $3.18 |
| Dec 2023Oak Prairie | 323 | 355 | $71.90 | $2.52 |
| Nov 2023Oak Prairie | 313 | 361 | $77.69 | $2.71 |
| Oct 2023Oak Prairie | 319 | 342 | $85.64 | $2.98 |
| Sep 2023Oak Prairie | 261 | 161 | $89.43 | $2.64 |
| Aug 2023Oak Prairie | 324 | 333 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Basin Oil & Gas Operating, LLC in Winkler County
- UNIVERSITY 46
4,125 bbl
- HILL, M. J. -23-
4,007 bbl
- STATE WALTON
58,333 mcf
- STATE-WALTON
8,770 mcf
- BAIRD, W.E.
58,902 mcf
- HALLEY, S. M. -B-
2,350 bbl
- BAIRD, W. E.
46,450 mcf
- HALLEY, S. M.
30,718 mcf
- COWDEN 39 UNIT
1,898 bbl
- HALLEY, S. M. -B-
1,759 bbl
Keystone (Colby) field
- JENKINS BEN ET AL -A-
3,760 bbl
- BASHARA -A-
2,944 bbl
- WARD, J. C.
2,789 bbl
- WALTON, JOHN B., -D-
2,639 bbl
- WALTON, J. B., TRACT -B-
2,606 bbl
- BASHARA -D-
2,539 bbl
- SUN-WALTON
2,384 bbl
- BASHARA -B-
2,032 bbl
- BASHARA, M. J. -D-
2,019 bbl
- TIDAL -A- /SEC. 1/
2,012 bbl
Leases within 10 km
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Drilling permits within 10 km
BAIRD, W. E. #1816
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 4.5 km
Permit 0918232 · Sep 27, 2026
BAIRD, W. E. #1315
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 7 km
Permit 0918745 · Sep 21, 2026
BAIRD, W. E. #1307
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 6.2 km
Permit 0918476 · Sep 11, 2026
BAIRD, W. E. #1205
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 7.4 km
Permit 0918469 · Sep 10, 2026
BAIRD, W. E. #1827
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 4.8 km
Permit 0918473 · Sep 10, 2026