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Texas oil lease

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BEST, JOE

Best, Joe is an oil lease in Palo Pinto County, Texas, operated by Lexgas, Inc. in the Palo Pinto County Regular field.

4 wells

285bbl oil, last 12 months−6% vs prior year
Operator
Lexgas, Inc.
County
Palo Pinto County
Field
Palo Pinto County Regular
RRC lease
7B-28639

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Where it sits

This county

Palo Pinto CountyPalo PintoWiseJackHoodStephensParkerYoungPalo Pinto County
Palo Pinto County
Oil in Mar 2025
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for BEST, JOE, Apr 2022 to Mar 2025. Oil output fell 6% over the last 12 months. 285 bbl in the 12 months through Mar 2025, against 304 bbl in the 12 months before.Last 12 months: 285 bblbbl per monthmcf per month002050401006015080200100250Apr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for BEST, JOE, Apr 2022 to Mar 2025. Oil output fell 6% over the last 12 months. 285 bbl in the 12 months through Mar 2025, against 304 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of BEST, JOE gas by disposition code each month, Apr 2022 to Mar 2025. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
All of the gas went to a transmission line in the last 12 monthsShare of BEST, JOE gas by disposition code each month, Apr 2022 to Mar 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on BEST, JOE
API numberWell no.Status
42-363-010862Shut-in
42-363-308904Shut-in
42-363-807383Active
42-363-810515Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
True Oil Trucking & Mktg, LLCOilGathers100Mar 1, 2018–
Targa Midstream Services LLCCasinghead gasBuys100Apr 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Apr 1, 2024–
Enlink Midstream Services, LLCCasinghead gasGathers100Jun 1, 2014Apr 1, 2024
Devon Gas Services, L.p.Casinghead gasBuys100Mar 1, 2018Apr 1, 2024

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

Who buys my oilOil price check

375 acres on the newest permit

Permits for Best, Joe
API numberWell no.Acreson the permit
42-363-308904375
42-363-010862–
42-363-807383–
42-363-810515–

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

Unit decimal checker

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36 months, newest first

Ledger for BEST, JOE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20243368000$70.12$3.01
Nov 202450000$69.95$2.12
Oct 2024150000$71.99$2.20
Sep 20242082000$70.24$2.28
Aug 2024320000$76.68$1.99
Jul 2024450000$81.80$2.07
Jun 202438130000$79.77$2.54
May 2024350000$80.02$2.12
Apr 202462131000$85.35$1.60
Mar 2024300000$81.28$1.49
Feb 2024350000$77.25$1.72
Jan 20241089000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 2023310000$81.39$2.58
Jul 20235172000$76.07$2.55
Jun 2023500000$70.25$2.18
May 20235572000$71.58$2.15
Apr 2023420000$79.45$2.16
Mar 20234011453530$73.28$2.31
Feb 20234001051050$76.83$2.38
Jan 20234001091090$78.12$3.27
Dec 202231901071070$76.44$5.53
Nov 20223201561560$84.37$5.45
Oct 20223101521520$87.55$5.66
Sep 202236841561560$84.26$7.88
Aug 20226002242240$93.67$8.81
Jul 202230681551550$101.62$7.28
Jun 20223501601600$114.84$7.70
May 202236531711710$109.55$8.14
Apr 20223101821820$101.78$6.60

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

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This lease belongs to

OperatorLexgas, Inc.FieldPalo Pinto County RegularCountyPalo Pinto County

Lexgas, Inc. in Palo Pinto County

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Palo Pinto County Regular field

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