Oil and gas leases in Mustang Operating Company

Mustang Operating Company is a Texas operator, Commission number 597060, with 26 leases reporting production across 3 counties. 22 of them are oil leases and 4 are gas leases. Between them they carry 104 wellbores. Reported volumes run from January 1993 to August 2026 and come to 708 thousand barrels of oil and 4.3 million Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Mustang Operating Company

How many oil and gas leases are in Mustang Operating Company?
Mustang Operating Company has 26 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Mustang Operating Company produced?
Leases in Mustang Operating Company have reported 707,937 barrels of oil (bbl) and 4,310,569 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How much are mineral rights in Mustang Operating Company worth?
There is no single figure: what a mineral or royalty interest in Mustang Operating Company is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 26 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • WILLIAMS, MAYO HEIRS — gas, Mustang Operating Company, Panola County, 2.1 million reported
  • FREDERICK — gas, Mustang Operating Company, Gregg County, 1.2 million reported
  • ADAMS, J.E. DR. GAS UNIT — gas, Mustang Operating Company, Panola County, 981 thousand reported
  • HUGHEY & ROSS — oil, Mustang Operating Company, Gregg County, 121 thousand reported
  • FREDERICK, W. H.(MUSTANG1) — oil, Mustang Operating Company, Rusk County, 114 thousand reported
  • CLEMENTS, E. W. — oil, Mustang Operating Company, Gregg County, 85 thousand reported
  • HARLEY, W. M. — oil, Mustang Operating Company, Gregg County, 83 thousand reported
  • CARR-B — oil, Mustang Operating Company, Gregg County, 59 thousand reported
  • MAXWELL, J. P. — oil, Mustang Operating Company, Rusk County, 37 thousand reported
  • FREDERICK, W. H.(MUSTANG) — oil, Mustang Operating Company, Rusk County, 30 thousand reported
  • FREEMAN, J. — oil, Mustang Operating Company, Gregg County, 28 thousand reported
  • HALE, SUE — oil, Mustang Operating Company, Rusk County, 26 thousand reported
  • LOCKHART — oil, Mustang Operating Company, Gregg County, 26 thousand reported
  • LEACH — oil, Mustang Operating Company, Rusk County, 18 thousand reported
  • WILLIAM, ROBERT — gas, Mustang Operating Company, Rusk County, 17 thousand reported
  • FREDERICK — oil, Mustang Operating Company, Gregg County, 17 thousand reported
  • WHITE, R. B. — oil, Mustang Operating Company, Gregg County, 15 thousand reported
  • HARLEY, W. M. -A- — oil, Mustang Operating Company, Gregg County, 11 thousand reported
  • HARLEY, W. M. -C- — oil, Mustang Operating Company, Gregg County, 11 thousand reported
  • FREDERICK, W. H. -C- — oil, Mustang Operating Company, Rusk County, 10 thousand reported
  • FREDERICK A&B — oil, Mustang Operating Company, Rusk County, 9 thousand reported
  • ALFORD -A-(MUSTANG) — oil, Mustang Operating Company, Rusk County, 8 thousand reported
  • CAMP A & B — oil, Mustang Operating Company, Rusk County, 2 thousand reported
  • CAMP-E — oil, Mustang Operating Company, Rusk County, 334 reported
  • CAMP-CC — oil, Mustang Operating Company, Rusk County, 76 reported
  • ROBINSON, W. — oil, Mustang Operating Company, Gregg County, 42 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.