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Texas oil lease

Producing

BURT, MYRTLE -B-

Burt, Myrtle -B- is an oil lease in Jack County, Texas, operated by LKM Oil and Gas LLC in the Peek (Strawn) field.

4 wells

725bbl oil, last 12 months+43% vs prior year
Operator
LKM Oil and Gas LLC
County
Jack County
Field
Peek (Strawn)
RRC lease
09-03834

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Oil in Jul 2026
20 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: LKM Oil and Gas LLC took over from LKM Oil & Gas in Oct 2024.

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Sep 17, 2025).

  • P-5

    The previous operator's P-5 registration is listed as inactive since Nov 27, 2024 (last P-5 filed Oct 26, 2023).

  • Buyer

    Buyer changed: COLT GATHERING (NORTH TEXAS)L.P. replaced MIDCOAST G & P (NORTH TEXAS)L.P. as the buyer of this lease's gas from oil wells on Oct 1, 2024.

  • Sales

    No sales reported for the last 3 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 rose 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 43% over the last 12 monthsMonthly oil production and gas for BURT, MYRTLE -B-, Aug 2023 to Jul 2026. Oil output rose 43% over the last 12 months. 725 bbl in the 12 months through Jul 2026, against 508 bbl in the 12 months before.Last 12 months: 725 bblbbl per monthmcf per month005050100100150150200200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 43% over the last 12 monthsMonthly oil production and gas for BURT, MYRTLE -B-, Aug 2023 to Jul 2026. Oil output rose 43% over the last 12 months. 725 bbl in the 12 months through Jul 2026, against 508 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 2 months reported

All of the gas went to a processing plant in the 2 months reportedShare of BURT, MYRTLE -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 2 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 processing plant in the 2 months reportedShare of BURT, MYRTLE -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 2 months reported.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 once, most recently in Oct 2024

Operators of this lease over timeLKM Oil & Gas, Jan 2020 to Sep 2024; LKM Oil and Gas LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024LKM Oil & GasJan 2020 to Sep 2024LKM Oil and Gas LLCOct 2024 to now
Operators of this lease over timeLKM Oil & Gas, Jan 2020 to Sep 2024; LKM Oil and Gas LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024LKM Oil & GasJan 2020 to Sep 2024LKM Oil and Gas LLCOct 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on BURT, MYRTLE -B-
API numberWell no.Status
42-237-373463Active
42-237-39921M 1Active
42-237-818361Active
42-237-818372Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Apr 1, 2018–
Colt Gathering (North Texas)l.p.Casinghead gasBuys100Oct 1, 2024–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Oct 1, 2024–
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018Oct 1, 2024
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018Oct 1, 2024

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 100 and 160 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Burt, Myrtle -B-
API numberWell no.Acreson the permit
42-237-39921M 1160
42-237-373463100
42-237-818361–
42-237-818372–

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

Unit decimal checker

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36 months, newest first

Ledger for BURT, MYRTLE -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026LKM Oil200000$80.46$2.89
Jun 2026LKM Oil500000$84.81$3.15
May 2026LKM Oil470000$102.13$2.94
Apr 2026LKM Oil140177000$100.32$2.77
Mar 2026LKM Oil90000$91.38$3.04
Feb 2026LKM Oil300000$64.51$3.62
Jan 2026LKM Oil112171000$60.04$7.72
Dec 2025LKM Oil100000$57.97$4.26
Nov 2025LKM Oil490000$60.06$3.79
Oct 2025LKM Oil163163000$60.89$3.19
Sep 2025LKM Oil85154000$63.96$2.97
Aug 2025LKM Oil100000$64.86$2.91
Jul 2025LKM Oil430000$68.39$3.20
Jun 2025LKM Oil160170000$68.17$3.02
May 2025LKM Oil25173000$62.17$3.12
Apr 2025LKM Oil250000$63.54$3.42
Mar 2025LKM Oil500000$68.24$4.12
Feb 2025LKM Oil540000$71.53$4.19
Jan 2025LKM Oil100000$75.74$4.13
Dec 2024LKM Oil10000$70.12$3.01
Nov 2024LKM Oil50000$69.95$2.12
Oct 2024LKM Oil50000$71.99$2.20
Sep 2024LKM Oil100000$70.24$2.28
Aug 2024LKM Oil120172000$76.68$1.99
Jul 2024LKM Oil500000$81.80$2.07
Jun 2024LKM Oil130173000$79.77$2.54
May 2024LKM Oil440000$80.02$2.12
Apr 2024LKM Oil50154000$85.35$1.60
Mar 2024LKM Oil500000$81.28$1.49
Feb 2024LKM Oil500000$77.25$1.72
Jan 2024LKM Oil50165000$74.15$3.18
Dec 2023LKM Oil5001121120$71.90$2.52
Nov 2023LKM Oil500000$77.69$2.71
Oct 2023LKM Oil220000$85.64$2.98
Sep 2023LKM Oil100000$89.43$2.64
Aug 2023LKM Oil1521671931930$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

This lease belongs to

OperatorLKM Oil and Gas LLCFieldPeek (Strawn)CountyJack County

LKM Oil and Gas LLC in Jack County

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Peek (Strawn) field

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