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Texas oil lease · RRC district 8A · Lease 68792

Producing

BILLY (ABO) UNIT

Billy (Abo) Unit is an oil lease in Lamb County, Texas, operated by Extex Operating Company in the Billy (Abo) field. The Railroad Commission shows 20,950 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 18 wells

20,950bbl oil, last 12 months−5% vs prior year
RRC lease
8A-68792

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Where it sits

This county

Lamb CountyLambHaleSwisherCastroBaileyParmerLamb County
Lamb County · RRC district 8AOpen Lamb County →
Gas, last 12 months
11,151 mcf
Oil in Jul 2026
1,705 bbl
Reporting to the state
since Jan 2020
Wells
18

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 fell 5% over the last 12 months

20,950 bbl in the 12 months through Jul 2026, against 21,996 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BILLY (ABO) UNIT, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 20,950 bbl in the 12 months through Jul 2026, against 21,996 bbl in the 12 months before.Last 12 months: 20,950 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BILLY (ABO) UNIT, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 20,950 bbl in the 12 months through Jul 2026, against 21,996 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 68792, district 8A. 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.

Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of BILLY (ABO) UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of BILLY (ABO) UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Jul 26: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 68792, district 8A. 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.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

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 once, most recently in Feb 2021

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 timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

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

Wells

18 wells on this lease

Every well the Railroad Commission links to oil lease 68792 in district 8A. The API number is the state’s ID for a well.
Wells on BILLY (ABO) UNIT
API numberWell no.Status
42-279-303186Active
42-279-303192Active
42-279-3032110Active
42-279-303223Active
42-279-303245Active
42-279-303258Active
42-279-3033111Active
42-279-303329Shut-in
42-279-303334Active
42-279-3033413Active
42-279-303361Active
42-279-3033712Active
42-279-303427Active
42-279-3034614Active
42-279-3038515Active
42-279-3038616Active
42-279-3039617Active
42-279-3039718Active

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 68792.

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

    Conocophillips Company gathers it.

    100% of it, on the list since Sep 1, 2005

  • Gas from oil wells

    Las Animas Natural Gas Company buys and gathers it.

    Las Animas Natural Gas Company buys it: 100% of it, on the list since Sep 1, 2005 · Las Animas Natural Gas Company gathers it: 100% of it, on the list since Sep 1, 2005

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.

Unit and wells

1,064.64 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
1817 not plugged
Horizontal
5
First completion
Jan 12, 1995
Latest permit
Sep 11, 2008

A pooling certificate was filed

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

The wells on this lease state different acreage

The permits state between 80 and 1,064.64 acres. Use the acres from your own division order for the well you are paid on.

18 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 Billy (Abo) Unit
API numberWell no.Acreson the permit
42-279-30396171,064.64
42-279-30397181,064.64
42-279-30386161,064.64
42-279-30385151,064.64
42-279-3034614161.34
42-279-303329177.46
42-279-303223177.10
42-279-303245132
42-279-30342780
42-279-3033413161.34
42-279-3033712192.80
42-279-303361177.10

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.

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 BILLY (ABO) UNIT 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 BILLY (ABO) UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Extex Operating1,7051,79321000$80.46$2.89
Jun 2026Extex Operating1,8701,7799427320$84.81$3.15
May 2026Extex Operating1,8231,9729337230$102.13$2.94
Apr 2026Extex Operating1,8031,9807805700$100.32$2.77
Mar 2026Extex Operating1,8531,6359107000$91.38$3.04
Feb 2026Extex Operating1,6201,4787965860$64.51$3.62
Jan 2026Extex Operating1,6491,7699387280$60.04$7.72
Dec 2025Extex Operating1,8301,6539086980$57.97$4.26
Nov 2025Extex Operating1,6851,8151,4881,2780$60.06$3.79
Oct 2025Extex Operating1,5861,6248546440$60.89$3.19
Sep 2025Extex Operating1,7091,7961,5161,3060$63.96$2.97
Aug 2025Extex Operating1,8171,7948766660$64.86$2.91
Jul 2025Extex Operating1,8862,1299397290$68.39$3.20
Jun 2025Extex Operating1,7991,4849517410$68.17$3.02
May 2025Extex Operating1,7911,8219437330$62.17$3.12
Apr 2025Extex Operating1,8671,9899137030$63.54$3.42
Mar 2025Extex Operating1,7711,6699447340$68.24$4.12
Feb 2025Extex Operating1,8051,6691,6441,4340$71.53$4.19
Jan 2025Extex Operating1,8161,8449247140$75.74$4.13
Dec 2024Extex Operating1,6371,7094552380$70.12$3.01
Nov 2024Extex Operating1,7281,7724632460$69.95$2.12
Oct 2024Extex Operating1,9251,8814612440$71.99$2.20
Sep 2024Extex Operating1,6961,7154492320$70.24$2.28
Aug 2024Extex Operating2,2752,2254822650$76.68$1.99
Jul 2024Extex Operating1,7671,7105453280$81.80$2.07
Jun 2024Extex Operating1,9882,0544222050$79.77$2.54
May 2024Extex Operating2,1382,2323491530$80.02$2.12
Apr 2024Extex Operating2,0441,8756434470$85.35$1.60
Mar 2024Extex Operating2,1332,2131,1029060$81.28$1.49
Feb 2024Extex Operating2,0172,0425793830$77.25$1.72
Jan 2024Extex Operating2,0192,0331,0768800$74.15$3.18
Dec 2023Extex Operating2,2332,2255713610$71.90$2.52
Nov 2023Extex Operating2,2632,2491,1409300$77.69$2.71
Oct 2023Extex Operating2,2002,2551,2039930$85.64$2.98
Sep 2023Extex Operating2,3632,2116424320$89.43$2.64
Aug 2023Extex Operating2,0702,21721000$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

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Upload your statements for BILLY (ABO) UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Extex Operating Company.

  • 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

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

Extex Operating Company in Lamb County

No other producing leases from this operator in this county are in our data yet.

Billy (Abo) field

No other producing leases in this field are in our data yet.

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 68792, district 8A, 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.