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Texas oil lease

Producing

BELT, W.A. -III-

Belt, W.a. -III- is an oil lease in Milam County, Texas, operated by Belmar Oil & Gas, Inc. in the Pecan Gap (5050) field.

3 wells

9bbl oil, last 12 months−10% vs prior year
RRC lease
01-10198

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Oil in Jul 2026
1 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 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 fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for BELT, W.A. -III-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 9 bbl in the 12 months through Jul 2026, against 10 bbl in the 12 months before.Last 12 months: 9 bblbbl per monthmcf per month000100120013001400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for BELT, W.A. -III-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 9 bbl in the 12 months through Jul 2026, against 10 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month000100120013001400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 10 months reported

All of the gas went to a transmission line in the 10 months reportedShare of BELT, W.A. -III- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 10 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the 10 months reportedShare of BELT, W.A. -III- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 10 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on BELT, W.A. -III-
API numberWell no.Status
42-331-327301Active
42-331-327532Active
42-331-328624Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jul 1, 2000

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

210 acres on the newest permit

  • 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 Belt, W.a. -III-
API numberWell no.Acreson the permit
42-331-328624210
42-331-327532210
42-331-327301210

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

Estimate your royalty

36 months, newest first

Ledger for BELT, W.A. -III-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610000$80.46$2.89
Jun 202610000$84.81$3.15
May 202610000$102.13$2.94
Apr 202610000$100.32$2.77
Mar 202610000$91.38$3.04
Feb 202610000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202510000$57.97$4.26
Nov 202510000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202510000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202510000$68.17$3.02
May 202510000$62.17$3.12
Apr 202510000$63.54$3.42
Mar 202510000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 20251015150$75.74$4.13
Dec 20241015150$70.12$3.01
Nov 202410000$69.95$2.12
Oct 202410000$71.99$2.20
Sep 202410770$70.24$2.28
Aug 202410770$76.68$1.99
Jul 20241023230$81.80$2.07
Jun 202400000$79.77$2.54
May 202410000$80.02$2.12
Apr 20241095950$85.35$1.60
Mar 20241010100$81.28$1.49
Feb 202410000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 20231090900$77.69$2.71
Oct 202300000$85.64$2.98
Sep 20230050500$89.43$2.64
Aug 2023103223220$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

Belmar Oil & Gas, Inc. in Milam County

All Belmar Oil & Gas, Inc. leases →

Pecan Gap (5050) field

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Leases within 10 km

Drilling permits within 10 km