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Texas oil lease

Producing

BANDIT

Bandit is an oil lease in Reagan County, Texas, operated by Circle-S Energy, LLC in the Spraberry (Trend Area) R 40 Exc field.

6 wells

70,968bbl oil, last 12 months−42% vs prior year
Operator
Circle-S Energy, LLC
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20921

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
1,343,002 mcf
Oil in Jul 2026
8,333 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for BANDIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 70,968 bbl in the 12 months through Jul 2026, against 122,773 bbl in the 12 months before.Last 12 months: 70,968 bblbbl per monthmcf per month005,000100k10k200k15k300k20k400k25k500kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for BANDIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 70,968 bbl in the 12 months through Jul 2026, against 122,773 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,000100k10k200k15k300k20k400k25k500kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a processing plant in the last 12 months

Flaring peaked at 10.0% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a processing plant in the last 12 monthsShare of BANDIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.0% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
89% of the gas went to a processing plant in the last 12 monthsShare of BANDIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.0% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 10.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 1,191,251 mcf

  • Lease fuel (1)

    7.3% · 98,229 mcf

  • Flared (4)

    4.0% · 53,522 mcf

4.0% of the gas flared in the last 12 months. 20 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeHeadington Energy Partners, LLC, Oct 2020 to Dec 2022; Circle-S Energy, LLC, Jan 2023 to Jul 2026202120222023202420252026Changed Jan 2023Headington Energy Partners, L…Oct 2020 to Dec 2022Circle-S Energy, LLCJan 2023 to now
Operators of this lease over timeHeadington Energy Partners, LLC, Oct 2020 to Dec 2022; Circle-S Energy, LLC, Jan 2023 to Jul 2026202120222023202420252026Changed Jan 2023Headington Energy Partners, LLCOct 2020 to Dec 2022Circle-S Energy, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on BANDIT
API numberWell no.Status
42-383-408057HActive
42-383-408068HActive
42-383-408079HActive
42-461-413974HActive
42-461-414045HActive
42-461-414056HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers99Jul 1, 2023–
Plains Marketing, L.p.OilGathers1Jul 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Etc Texas P/L, LTDCasinghead gasGathers100Jul 1, 2023Oct 1, 2023
Etc Texas P/L, LTDCasinghead gasBuys100Jul 1, 2023Oct 1, 2023
Plains Pipeline L.p.OilGathers100Jan 17, 2020Jul 1, 2023
Energy Transfer CompanyCasinghead gasGathers100Jan 17, 2020Jan 1, 2023
Etc Texas P/L, LTDCasinghead gasBuys100Jan 17, 2020Jan 1, 2023

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

Who buys my oilOil price check

1,615.39 acres on the newest permit

Permits for Bandit
API numberWell no.Acreson the permit
42-461-413974H1,615.39
42-461-414045H1,615.39
42-461-414056H1,615.39
42-383-408057H1,615.39
42-383-408068H1,615.39
42-383-408079H1,615.39

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for BANDIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Circle-S Energy,8,3338,355173,888153,6317,271$80.46$2.89
Jun 2026Circle-S Energy,8,3258,285134,879111,96810,556$84.81$3.15
May 2026Circle-S Energy,5,4295,73283,02571,4643,743$102.13$2.94
Apr 2026Circle-S Energy,4,6844,56951,85745,336516$100.32$2.77
Mar 2026Circle-S Energy,6,6336,19796,55688,0841,358$91.38$3.04
Feb 2026Circle-S Energy,7,3647,864114,724106,1431,600$64.51$3.62
Jan 2026Circle-S Energy,4,6274,18263,82255,7614,625$60.04$7.72
Dec 2025Circle-S Energy,3,3553,70460,99055,5941,037$57.97$4.26
Nov 2025Circle-S Energy,6,9536,636138,602126,6763,146$60.06$3.79
Oct 2025Circle-S Energy,4,8334,966122,374108,2894,601$60.89$3.19
Sep 2025Circle-S Energy,3,3073,32884,62575,8553,669$63.96$2.97
Aug 2025Circle-S Energy,7,1257,468217,660192,45011,400$64.86$2.91
Jul 2025Circle-S Energy,9,98110,100250,723232,2204,622$68.39$3.20
Jun 2025Circle-S Energy,10,2229,776219,348201,6295,583$68.17$3.02
May 2025Circle-S Energy,10,66310,831216,352195,5858,222$62.17$3.12
Apr 2025Circle-S Energy,9,7339,656193,670177,3014,790$63.54$3.42
Mar 2025Circle-S Energy,8,3278,542176,926162,1474,509$68.24$4.12
Feb 2025Circle-S Energy,10,18810,401195,538170,70913,468$71.53$4.19
Jan 2025Circle-S Energy,11,85611,521209,088188,0267,214$75.74$4.13
Dec 2024Circle-S Energy,10,99410,904190,353173,8293,012$70.12$3.01
Nov 2024Circle-S Energy,13,28213,663199,328178,5066,436$69.95$2.12
Oct 2024Circle-S Energy,12,83212,675173,648157,4474,358$71.99$2.20
Sep 2024Circle-S Energy,6,8456,701101,42689,0024,820$70.24$2.28
Aug 2024Circle-S Energy,7,8507,886134,633121,7494,113$76.68$1.99
Jul 2024Circle-S Energy,13,90313,895188,853166,7669,967$81.80$2.07
Jun 2024Circle-S Energy,15,21015,203188,335173,4408,426$79.77$2.54
May 2024Circle-S Energy,10,0469,747128,575120,3395,047$80.02$2.12
Apr 2024Circle-S Energy,6,9757,121109,775101,3832,706$85.35$1.60
Mar 2024Circle-S Energy,16,15516,251247,927228,8617,030$81.28$1.49
Feb 2024Circle-S Energy,16,36216,475218,262200,1576,355$77.25$1.72
Jan 2024Circle-S Energy,17,48617,055201,285167,05020,061$74.15$3.18
Dec 2023Circle-S Energy,18,75318,787212,038191,1365,858$71.90$2.52
Nov 2023Circle-S Energy,17,39417,541202,820186,2873,100$77.69$2.71
Oct 2023Circle-S Energy,18,76918,637198,700175,9229,451$85.64$2.98
Sep 2023Circle-S Energy,11,47711,786119,730104,3956,886$89.43$2.64
Aug 2023Circle-S Energy,20,58320,413236,101208,18313,446$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorCircle-S Energy, LLCFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

Circle-S Energy, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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