Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 03316

Producing

BAIRD, W. E.

Baird, W. E. is an oil lease in Winkler County, Texas, operated by Basin Oil & Gas Operating, LLC in the Keystone (Colby) field. The Railroad Commission shows 107 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 53 wells

107bbl oil, last 12 months+365% vs prior year
Operator
Basin Oil & Gas Operating, LLC
County
Winkler County
Field
Keystone (Colby)
RRC lease
08-03316

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County · RRC district 08Open Winkler County →
Gas, last 12 months
7,068 mcf
Oil in Jul 2026
22 bbl
Reporting to the state
since Jan 2020
Wells
53

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 365% over the last 12 months

107 bbl in the 12 months through Jul 2026, against 23 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 365% over the last 12 monthsMonthly oil production and gas for BAIRD, W. E., Aug 2023 to Jul 2026. Oil output rose 365% over the last 12 months. 107 bbl in the 12 months through Jul 2026, against 23 bbl in the 12 months before.Last 12 months: 107 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 365% over the last 12 monthsMonthly oil production and gas for BAIRD, W. E., Aug 2023 to Jul 2026. Oil output rose 365% over the last 12 months. 107 bbl in the 12 months through Jul 2026, against 23 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 03316, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

57% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in May 2026.

  • Processing plant (3)
  • Flared (4)
57% of the gas went to flaring in the last 12 monthsShare of BAIRD, W. E. gas by disposition code each month, Aug 2023 to Jul 2026. 57% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
57% of the gas went to flaring in the last 12 monthsShare of BAIRD, W. E. gas by disposition code each month, Aug 2023 to Jul 2026. 57% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 03316, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 56.6% of the gas was flared. 4 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Apr 2022

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeMeco IV, LLC, Jan 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Apr 2022Meco IV, LLCJan 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now
Operators of this lease over timeMeco IV, LLC, Jan 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Apr 2022Meco IV, LLCJan 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

53 wells on this lease

Every well the Railroad Commission links to oil lease 03316 in district 08. The API number is the state’s ID for a well.
Wells on BAIRD, W. E.
API numberWell no.Status
42-495-050931353Active
42-495-050941943Active
42-495-050961945Active
42-495-050971923Shut-in
42-495-050981925Active
42-495-050991932Active
42-495-051001934Shut-in
42-495-051031941Active
42-495-051041921Active
42-495-051051916Active
42-495-051071914CActive
42-495-051081914Active
42-495-051091913WActive
42-495-051101911Shut-in
42-495-051111852Active
42-495-051121854Active
42-495-051131861Active
42-495-051181833Shut-in
42-495-051241811EActive
42-495-051251811Shut-in
42-495-051261365Active
42-495-051281356Active
42-495-051291352Active
42-495-051301345Active
42-495-051341334Active
42-495-051371324Active
42-495-051391327Active
42-495-051471243Active
42-495-051491236Active
42-495-051511232Active
42-495-051521225Active
42-495-051531223Active
42-495-051541216Active
42-495-062271912Active
42-495-064331913CShut-in
42-495-064351215WActive
42-495-103761DActive
42-495-127151851WActive
42-495-127161946WActive
42-495-309981864Active
42-495-310391367Shut-in
42-495-310401865Active
42-495-310651247Active
42-495-310791947Shut-in
42-495-311101370Active
42-495-312981379Active
42-495-313181952WActive
42-495-313201380WActive
42-495-313841256WActive
42-495-80722181SActive
42-495-80723192SActive
42-495-807471361Shut-in
42-495-807561863Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 03316.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Trans Crude Marketing LLC and Gibson Energy Marketing, LLC gather it.

    Energy Trans Crude Marketing LLC gathers it: 50% of it, on the list since Nov 1, 2021 · Gibson Energy Marketing, LLC gathers it: 50% of it, on the list since Nov 1, 2021

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Oct 1, 2023 · Energy Transfer Company gathers it: 100% of it, on the list since Aug 1, 2019

Companies that used to be listed: Energy Transfer Company (buys it, until Oct 1, 2023); Gibson Energy Marketing, LLC (gathers it, until Nov 1, 2021); Enterprise Crude Oil LLC (gathers it, until Jul 2, 2021); Gibson Energy Marketing, LLC (gathers it, until Jul 2, 2021); Targa Midstream Services LLC (gathers it, until Aug 1, 2019); Targa Midstream Services LLC (buys it, until Aug 1, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

2,000 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
10414 not plugged
Horizontal
0
First completion
Sep 17, 1941
Latest permit
Jul 10, 2007

104 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.

Wells and acres on the permits for Baird, W. E.
API numberWell no.Acreson the permit
42-495-051241811E2,000
42-495-0513013452,000
42-495-3129813792,000
42-495-3111013702,000
42-495-311101370W2,000
42-495-0511019112,000
42-495-0512018242,000
42-495-0515412162,000
42-495-313841256W2,000
42-495-0512813562,000
42-495-313181952W2,000
42-495-313201380W2,000

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says BAIRD, W. E. sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for BAIRD, W. E.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Basin Oil22231,4983031,195$80.46$2.89
Jun 2026Basin Oil21231,34001,340$84.81$3.15
May 2026Basin Oil23211,40001,400$102.13$2.94
Apr 2026Basin Oil22231,8601,160700$100.32$2.77
Mar 2026Basin Oil19179709700$91.38$3.04
Feb 2026Basin Oil00000$64.51$3.62
Jan 2026Basin Oil00000$60.04$7.72
Dec 2025Basin Oil00000$57.97$4.26
Nov 2025Basin Oil00000$60.06$3.79
Oct 2025Basin Oil00000$60.89$3.19
Sep 2025Basin Oil00000$63.96$2.97
Aug 2025Basin Oil00000$64.86$2.91
Jul 2025Basin Oil00000$68.39$3.20
Jun 2025Basin Oil00000$68.17$3.02
May 2025Basin Oil00000$62.17$3.12
Apr 2025Basin Oil00000$63.54$3.42
Mar 2025Basin Oil00000$68.24$4.12
Feb 2025Basin Oil00000$71.53$4.19
Jan 2025Basin Oil00000$75.74$4.13
Dec 2024Basin Oil00000$70.12$3.01
Nov 2024Basin Oil00000$69.95$2.12
Oct 2024Basin Oil00000$71.99$2.20
Sep 2024Basin Oil01000$70.24$2.28
Aug 2024Basin Oil23241791790$76.68$1.99
Jul 2024Basin Oil61592192190$81.80$2.07
Jun 2024Basin Oil54601901900$79.77$2.54
May 2024Basin Oil565324240$80.02$2.12
Apr 2024Basin Oil51521911910$85.35$1.60
Mar 2024Basin Oil48461541540$81.28$1.49
Feb 2024Basin Oil43441601600$77.25$1.72
Jan 2024Basin Oil46882022020$74.15$3.18
Dec 2023Basin Oil641182462460$71.90$2.52
Nov 2023Basin Oil1621815125120$77.69$2.71
Oct 2023Basin Oil1922035815810$85.64$2.98
Sep 2023Basin Oil49837588880$89.43$2.64
Aug 2023Basin Oil2152447647640$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for BAIRD, W. E.. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Basin Oil & Gas Operating, LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBasin Oil & Gas Operating, LLCFieldKeystone (Colby)CountyWinkler County

Basin Oil & Gas Operating, LLC in Winkler County

All Basin Oil & Gas Operating, LLC leases →

Keystone (Colby) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 03316, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.