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Texas oil lease

Producing

BILLY THE KID 31

Billy the Kid 31 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Wolfbone (Trend Area) field.

4 wells

122bbl oil, last 12 months
RRC lease
08-41616

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
257 mcf
Oil in Jul 2026
122 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 8 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for BILLY THE KID 31, Aug 2023 to Jul 2026. Oil output over the last 12 months. 122 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 122 bblbbl per monthmcf per month0025205040756010080125100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for BILLY THE KID 31, Aug 2023 to Jul 2026. Oil output over the last 12 months. 122 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025205040756010080125100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 16.9% of the gas in Jul 2026.

  • Processing plant (3)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of BILLY THE KID 31 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.9% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of BILLY THE KID 31 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.9% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 16.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 634 mcf

  • Flared (4)

    2.8% · 18 mcf

2.8% of the gas flared in the last 12 months. 2 months above 3%.

4 wells on this lease

Wells on BILLY THE KID 31
API numberWell no.Status
42-389-328251Active
42-389-338012Shut-in
42-389-338043Active
42-389-339314Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers20Oct 1, 2024–
Etp Crude LLCOilGathers20Oct 1, 2024–
Noble Energy INCOilGathers20Oct 1, 2024–
Oryx Delaware Oil Transport LLCOilGathers20Oct 1, 2024–
Plains Marketing, L.p.OilGathers20Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015–
Noble Energy INCCasinghead gasGathers100Oct 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Oct 1, 2024
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Oct 1, 2024
Oryx Delaware Oil Transport LLCOilGathers25Jan 1, 2023Oct 1, 2024
Shell Trading (Us) CompanyOilGathers25Jan 1, 2023Oct 1, 2024
Eastex Crude CompanyOilGathers50Mar 25, 2014Jan 1, 2023
Shell Trading (Us) CompanyOilGathers50Mar 25, 2014Jan 1, 2023

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

640 acres on the newest permit

Permits for Billy the Kid 31
API numberWell no.Acreson the permit
42-389-339314640
42-389-338012640
42-389-338043640
42-389-328251640

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

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for BILLY THE KID 31
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261220594910$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 20260048480$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 20260052520$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202503000$60.06$3.79
Oct 20250041410$60.89$3.19
Sep 202500000$63.96$2.97
Aug 20250057570$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 20250052520$62.17$3.12
Apr 2025071000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 20250043430$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20240073730$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 20240048480$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202425063558$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 20240061610$81.28$1.49
Feb 202400000$77.25$1.72
Jan 20240055550$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 20236032320$89.43$2.64
Aug 20230032320$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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