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Texas gas well

Producing

B AND B STATE

B and B State is a gas well in Loving County, Texas, operated by CPX Energy Operating, LLC in the Phantom (Wolfcamp) field.

1 well

165,290mcf gas, last 12 months−23% vs prior year
Operator
CPX Energy Operating, LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-292085

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Oil, last 12 months
16,030 bbl
Gas in Jul 2026
12,943 mcf

Production by month

Gas output fell 23% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for B AND B STATE, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 165,290 mcf in the 12 months through Jul 2026, against 215,609 mcf in the 12 months before.Last 12 months: 165,290 mcfmcf per monthbbl per month0010k1,00020k2,00030k3,00040k4,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for B AND B STATE, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 165,290 mcf in the 12 months through Jul 2026, against 215,609 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k1,00020k2,00030k3,00040k4,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 12.7% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of B AND B STATE gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of B AND B STATE gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 12.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 162,113 mcf

  • Flared (4)

    1.5% · 2,427 mcf

  • Lease fuel (1)

    0.5% · 750 mcf

1.5% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Oct 2023

Operators of this lease over timeCP Exploration III Operating,llc, Jul 2021 to Sep 2023; CPX Energy Operating, LLC, Oct 2023 to Jul 202620222023202420252026Changed Oct 2023CP Exploration III Operating,…Jul 2021 to Sep 2023CPX Energy Operating, LLCOct 2023 to now
Operators of this lease over timeCP Exploration III Operating,llc, Jul 2021 to Sep 2023; CPX Energy Operating, LLC, Oct 2023 to Jul 202620222023202420252026Changed Oct 2023CP Exploration III Operating,llcJul 2021 to Sep 2023CPX Energy Operating, LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on B AND B STATE
API numberWell no.Status
42-301-354344HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100Oct 24, 2023–
Vaquero Permian Processing LLCGas-well gasBuys100Jul 9, 2021–
Vaquero Permian Processing LLCGas-well gasGathers100Jul 9, 2021–
Energy Trans Crude Marketing LLCCondensateGathers25Jul 9, 2021Oct 24, 2023
Energy Transfer CompanyCondensateGathers50Jul 9, 2021Oct 24, 2023
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers25Jul 9, 2021Oct 24, 2023

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

Who buys my oilOil price check

1,023 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for B and B State
API numberWell no.Acreson the permit
42-301-354344H1,023

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for B AND B STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026CPX Energy1,2191,23612,94312,737167$80.46$2.89
Jun 2026CPX Energy1,1501,13912,33611,820477$84.81$3.15
May 2026CPX Energy1,2461,24613,64513,453151$102.13$2.94
Apr 2026CPX Energy1,2031,20213,59913,457102$100.32$2.77
Mar 2026CPX Energy1,3021,29713,60812,828739$91.38$3.04
Feb 2026CPX Energy1,1931,18512,18511,984131$64.51$3.62
Jan 2026CPX Energy1,3501,35013,59413,177339$60.04$7.72
Dec 2025CPX Energy1,4701,48414,74414,58081$57.97$4.26
Nov 2025CPX Energy1,4901,47215,29415,14266$60.06$3.79
Oct 2025CPX Energy1,4881,49314,65714,467110$60.89$3.19
Sep 2025CPX Energy1,3751,37613,62913,53619$63.96$2.97
Aug 2025CPX Energy1,5441,53815,05614,93245$64.86$2.91
Jul 2025CPX Energy1,5701,56815,46315,3749$68.39$3.20
Jun 2025CPX Energy1,5261,52615,05614,746234$68.17$3.02
May 2025CPX Energy1,3841,39013,35313,128151$62.17$3.12
Apr 2025CPX Energy1,5781,57915,08614,95652$63.54$3.42
Mar 2025CPX Energy1,5811,57915,52015,37465$68.24$4.12
Feb 2025CPX Energy1,5141,55214,42614,33716$71.53$4.19
Jan 2025CPX Energy2,6622,64526,13425,886116$75.74$4.13
Dec 2024CPX Energy2,6932,69826,70526,49084$70.12$3.01
Nov 2024CPX Energy2,5502,52026,03325,727178$69.95$2.12
Oct 2024CPX Energy1,7771,77616,56016,40479$71.99$2.20
Sep 2024CPX Energy1,6751,69215,02414,9506$70.24$2.28
Aug 2024CPX Energy1,7691,75216,24916,031145$76.68$1.99
Jul 2024CPX Energy1,8511,85116,74216,58684$81.80$2.07
Jun 2024CPX Energy1,6791,67213,53113,254220$79.77$2.54
May 2024CPX Energy1,7711,77113,82913,70765$80.02$2.12
Apr 2024CPX Energy1,7531,76213,74513,67712$85.35$1.60
Mar 2024CPX Energy1,8971,89414,39214,3341$81.28$1.49
Feb 2024CPX Energy1,8201,82514,88814,2447$77.25$1.72
Jan 2024CPX Energy2,0552,05615,81415,08653$74.15$3.18
Dec 2023CPX Energy2,1262,12516,39516,2382$71.90$2.52
Nov 2023CPX Energy2,0382,03915,36215,11696$77.69$2.71
Oct 2023CPX Energy2,3082,30416,35915,958246$85.64$2.98
Sep 2023CP Exploration2,0192,03113,53912,816573$89.43$2.64
Aug 2023CP Exploration2,3492,35314,72212,7001,867$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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Nearby

This lease belongs to

OperatorCPX Energy Operating, LLCFieldPhantom (Wolfcamp)CountyLoving County

CPX Energy Operating, LLC in Loving County

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Phantom (Wolfcamp) field

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