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Texas oil lease

Producing

BUBELA

Bubela is an oil lease in Stonewall County, Texas, operated by R3 Operating Corporation in the Corsica (Bend Conglomerate) field.

1 well

2,290bbl oil, last 12 months+14% vs prior year
RRC lease
7B-31632

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Where it sits

This county

Stonewall CountyStonewallDickensKingKnoxKentHaskellStonewall County
Stonewall County
Gas, last 12 months
1,429 mcf
Oil in Jul 2026
164 bbl

Production by month

Oil output rose 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for BUBELA, Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 2,290 bbl in the 12 months through Jul 2026, against 2,015 bbl in the 12 months before.Last 12 months: 2,290 bblbbl per monthmcf per month0010050200100300150400200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for BUBELA, Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 2,290 bbl in the 12 months through Jul 2026, against 2,015 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200Jan 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 last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of BUBELA gas by disposition code each month, Aug 2023 to Jul 2026. 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of BUBELA gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Aug 2025

Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BUBELA
API numberWell no.Status
42-433-339871Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Sep 4, 2014Dec 1, 2022

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

52.61 acres on the newest permit

Permits for Bubela
API numberWell no.Acreson the permit
42-433-33987152.61

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

Estimate your royalty

36 months, newest first

Ledger for BUBELA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating1641211301300$80.46$2.89
Jun 2026R3 Operating1582521301300$84.81$3.15
May 2026R3 Operating2001341351350$102.13$2.94
Apr 2026R3 Operating1831571101100$100.32$2.77
Mar 2026R3 Operating1793261031030$91.38$3.04
Feb 2026R3 Operating188098980$64.51$3.62
Jan 2026R3 Operating17432286860$60.04$7.72
Dec 2025R3 Operating19615398980$57.97$4.26
Nov 2025R3 Operating2001341251250$60.06$3.79
Oct 2025R3 Operating2212711501500$60.89$3.19
Sep 2025R3 Operating2121331561560$63.96$2.97
Aug 2025R3 Operating2152661081080$64.86$2.91
Jul 2025T2 Operating2211371151150$68.39$3.20
Jun 2025T2 Operating2262731091090$68.17$3.02
May 2025T2 Operating2142671491490$62.17$3.12
Apr 2025T2 Operating1881271211210$63.54$3.42
Mar 2025Boaz Energy2422091481480$68.24$4.12
Feb 2025Boaz Energy147861011010$71.53$4.19
Jan 2025Boaz Energy1491751081080$75.74$4.13
Dec 2024Boaz Energy7810642420$70.12$3.01
Nov 2024Boaz Energy1271391051050$69.95$2.12
Oct 2024Boaz Energy2542751151150$71.99$2.20
Sep 2024Boaz Energy1614654540$70.24$2.28
Aug 2024Boaz Energy8133440$76.68$1.99
Jul 2024Boaz Energy92105110$81.80$2.07
Jun 2024Boaz Energy145105000$79.77$2.54
May 2024Boaz Energy145204000$80.02$2.12
Apr 2024Boaz Energy150106000$85.35$1.60
Mar 2024Boaz Energy158211000$81.28$1.49
Feb 2024Boaz Energy135207000$77.25$1.72
Jan 2024Boaz Energy1540000$74.15$3.18
Dec 2023Boaz Energy161210000$71.90$2.52
Nov 2023Boaz Energy147108000$77.69$2.71
Oct 2023Boaz Energy158210000$85.64$2.98
Sep 2023Boaz Energy165155000$89.43$2.64
Aug 2023Boaz Energy193153000$81.39$2.58

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

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Nearby

R3 Operating Corporation in Stonewall County

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Corsica (Bend Conglomerate) field

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