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Texas oil lease

Producing

BAILES-PARMENTER-JONES UNIT # 1

Bailes-Parmenter-Jones Unit # 1 is an oil lease in Throckmorton County, Texas, operated by S.b. Street Operating, Inc. in the Bailes field.

9 wells

1,365bbl oil, last 12 months+50% vs prior year
Field
Bailes
RRC lease
7B-04874

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Where it sits

This county

Throckmorton CountyThrockmortonBaylorKnoxYoungHaskellArcherThrockmorton County
Throckmorton County
Gas, last 12 months
11,904 mcf
Oil in Jul 2026
154 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: S.b. Street Operating, Inc. took over from Romac Oil Company, Inc. in Jan 2026.

  • Buyer

    Buyer changed: GREYHOUND GAS COMPANY LLC replaced ROMAC GAS CO., INC. as the buyer of this lease's gas from oil wells on Jan 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 50% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 50% over the last 12 monthsMonthly oil production and gas for BAILES-PARMENTER-JONES UNIT # 1, Aug 2023 to Jul 2026. Oil output rose 50% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 907 bbl in the 12 months before.Last 12 months: 1,365 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 50% over the last 12 monthsMonthly oil production and gas for BAILES-PARMENTER-JONES UNIT # 1, Aug 2023 to Jul 2026. Oil output rose 50% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 907 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2026 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Jan 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of BAILES-PARMENTER-JONES UNIT # 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of BAILES-PARMENTER-JONES UNIT # 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Jan 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 9,306 mcf

  • Transmission line (2)

    27% · 3,420 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeRomac Oil Company, Inc., Jan 2020 to Dec 2025; S.b. Street Operating, Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Romac Oil Company, Inc.Jan 2020 to Dec 2025S.b. Street Operating, Inc.Jan 2026 to now
Operators of this lease over timeRomac Oil Company, Inc., Jan 2020 to Dec 2025; S.b. Street Operating, Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Romac Oil Company, Inc.Jan 2020 to Dec 2025S.b. Street Operating, Inc.Jan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

9 wells on this lease

Wells on BAILES-PARMENTER-JONES UNIT # 1
API numberWell no.Status
42-447-008041Active
42-447-018002Active
42-447-018084Active
42-447-318536Shut-in
42-447-322987Shut-in
42-447-326808Active
42-447-3601912Active
42-447-804313Active
42-447-804335Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2025–
Greyhound Gas Company LLCCasinghead gasBuys100Jan 1, 2026–
Greyhound Gas Company LLCCasinghead gasGathers100Jan 1, 2026–
Romac Gas Co., Inc.Casinghead gasGathers100Feb 1, 2016Jan 1, 2026
Romac Gas Co., Inc.Casinghead gasBuys100Feb 1, 2016Jan 1, 2026
Transoil Marketing, LLCOilGathers100Feb 1, 2016Sep 1, 2025

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

640 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Bailes-Parmenter-Jones Unit # 1
API numberWell no.Acreson the permit
42-447-3601912640
42-447-326808640
42-447-322987640
42-447-318536640
42-447-008041–
42-447-018002–
42-447-018084–
42-447-804313–
42-447-804335–

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

Estimate your royalty

36 months, newest first

Ledger for BAILES-PARMENTER-JONES UNIT # 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026S.b. Street15401,9971,9970$80.46$2.89
Jun 2026S.b. Street1261671,6311,6310$84.81$3.15
May 2026S.b. Street1411671,6851,6850$102.13$2.94
Apr 2026S.b. Street1141731,5201,5200$100.32$2.77
Mar 2026S.b. Street1331661,2711,2710$91.38$3.04
Feb 2026S.b. Street12006676670$64.51$3.62
Jan 2026S.b. Street771745355350$60.04$7.72
Dec 2025Romac Oil1471676656650$57.97$4.26
Nov 2025Romac Oil8005305300$60.06$3.79
Oct 2025Romac Oil8005045040$60.89$3.19
Sep 2025Romac Oil851658998990$63.96$2.97
Aug 2025Romac Oil10828000$64.86$2.91
Jul 2025Romac Oil891698228220$68.39$3.20
Jun 2025Romac Oil10006176170$68.17$3.02
May 2025Romac Oil471675195190$62.17$3.12
Apr 2025Romac Oil6106066060$63.54$3.42
Mar 2025Romac Oil87795975970$68.24$4.12
Feb 2025Romac Oil601004594590$71.53$4.19
Jan 2025Romac Oil6805255250$75.74$4.13
Dec 2024Romac Oil311644394390$70.12$3.01
Nov 2024Romac Oil8306676670$69.95$2.12
Oct 2024Romac Oil135656286280$71.99$2.20
Sep 2024Romac Oil621693963960$70.24$2.28
Aug 2024Romac Oil8403233230$76.68$1.99
Jul 2024Romac Oil44168000$81.80$2.07
Jun 2024Romac Oil720000$79.77$2.54
May 2024Romac Oil720000$80.02$2.12
Apr 2024Romac Oil70170000$85.35$1.60
Mar 2024Romac Oil910000$81.28$1.49
Feb 2024Romac Oil351682292290$77.25$1.72
Jan 2024Romac Oil6503493490$74.15$3.18
Dec 2023Romac Oil6803823820$71.90$2.52
Nov 2023Romac Oil701713583580$77.69$2.71
Oct 2023Romac Oil5303793790$85.64$2.98
Sep 2023Romac Oil411764054050$89.43$2.64
Aug 2023Romac Oil9304704700$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

S.b. Street Operating, Inc. in Throckmorton County

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