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Producing

BUTCH CASSIDY UNIT 33-40

Butch Cassidy Unit 33-40 is an oil lease in Howard County, Texas, operated by Langford & Brigham Operating LLC in the Spraberry (Trend Area) field.

2 wells

52,488bbl oil, last 12 months−23% vs prior year
RRC lease
08-57431

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
168,006 mcf
Oil in Jul 2026
3,504 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Langford & Brigham Operating LLC took over from Murchison Oil and Gas, LLC in Dec 2024.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Apr 30, 2026 (last P-5 filed Jun 12, 2024).

  • Buyer

    Buyer changed: TARGA MIDLAND LLC replaced TARGA PIPELINE MID-CONTINENT LLC as the buyer of this lease's gas from oil wells on Dec 6, 2024.

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

See why checks stop on this lease

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for BUTCH CASSIDY UNIT 33-40, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 52,488 bbl in the 12 months through Jul 2026, against 67,971 bbl in the 12 months before.Last 12 months: 52,488 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for BUTCH CASSIDY UNIT 33-40, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 52,488 bbl in the 12 months through Jul 2026, against 67,971 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 16.6% of the gas in Nov 2023.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of BUTCH CASSIDY UNIT 33-40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.6% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of BUTCH CASSIDY UNIT 33-40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.6% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 16.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 167,845 mcf

  • Flared (4)

    0.1% · 161 mcf

0.1% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Dec 2024

Operators of this lease over timeMurchison Oil and Gas, LLC, Apr 2022 to Nov 2024; Langford & Brigham Operating LLC, Dec 2024 to Jul 20262023202420252026Changed Dec 2024Murchison Oil and Gas, LLCApr 2022 to Nov 2024Langford & Brigham Operating…Dec 2024 to now
Operators of this lease over timeMurchison Oil and Gas, LLC, Apr 2022 to Nov 2024; Langford & Brigham Operating LLC, Dec 2024 to Jul 20262023202420252026Changed Dec 2024Murchison Oil and Gas, LLCApr 2022 to Nov 2024Langford & Brigham Operating LLCDec 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BUTCH CASSIDY UNIT 33-40
API numberWell no.Status
42-227-414224HAActive
42-227-414277LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Jan 1, 2023–
Targa Midland LLCCasinghead gasBuys100Dec 6, 2024–
Targa Midland LLCCasinghead gasGathers100Dec 6, 2024–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Apr 17, 2022Dec 6, 2024
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Apr 17, 2022Dec 6, 2024
Lion Oil Trading & Trans, LLCOilGathers100Apr 17, 2022Jan 1, 2023

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

642.92 acres on the newest permit

Permits for Butch Cassidy Unit 33-40
API numberWell no.Acreson the permit
42-227-414277LS642.92
42-227-414224HA642.92

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

Estimate your royalty

36 months, newest first

Ledger for BUTCH CASSIDY UNIT 33-40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Langford &3,5043,50013,88513,8832$80.46$2.89
Jun 2026Langford &3,5553,56914,15414,1513$84.81$3.15
May 2026Langford &4,0294,01814,08314,0803$102.13$2.94
Apr 2026Langford &3,6853,68713,77013,7673$100.32$2.77
Mar 2026Langford &4,5184,57614,29114,2883$91.38$3.04
Feb 2026Langford &3,9263,89012,40612,4033$64.51$3.62
Jan 2026Langford &3,9143,91413,21013,2073$60.04$7.72
Dec 2025Langford &4,3304,35414,01014,0082$57.97$4.26
Nov 2025Langford &4,4714,45613,58213,55725$60.06$3.79
Oct 2025Langford &5,5355,50815,08415,05232$60.89$3.19
Sep 2025Langford &5,5655,48713,27613,21660$63.96$2.97
Aug 2025Langford &5,4565,48616,25516,23322$64.86$2.91
Jul 2025Langford &5,4105,42017,66317,361302$68.39$3.20
Jun 2025Langford &5,4675,48317,23916,971268$68.17$3.02
May 2025Langford &5,0945,07715,82315,80716$62.17$3.12
Apr 2025Langford &4,8244,82815,72015,70416$63.54$3.42
Mar 2025Langford &4,2494,23715,37015,35416$68.24$4.12
Feb 2025Langford &5,0135,0287,3527,3475$71.53$4.19
Jan 2025Langford &4,5604,5439,7169,7115$75.74$4.13
Dec 2024Langford &5,9256,09015,69515,6878$70.12$3.01
Nov 2024Murchison Oil6,1586,10613,93713,9307$69.95$2.12
Oct 2024Murchison Oil6,6366,66616,15616,14610$71.99$2.20
Sep 2024Murchison Oil7,2967,28115,35615,33818$70.24$2.28
Aug 2024Murchison Oil7,3397,39516,74616,71927$76.68$1.99
Jul 2024Murchison Oil6,6496,66013,67513,549126$81.80$2.07
Jun 2024Murchison Oil8,0407,99515,84015,82119$79.77$2.54
May 2024Murchison Oil9,2589,27315,61815,60414$80.02$2.12
Apr 2024Murchison Oil8,5578,55713,09213,05933$85.35$1.60
Mar 2024Murchison Oil7,2217,20213,60713,55849$81.28$1.49
Feb 2024Murchison Oil7,9537,97111,03210,95676$77.25$1.72
Jan 2024Murchison Oil8,3728,37114,23914,004235$74.15$3.18
Dec 2023Murchison Oil9,0549,12910,50510,097408$71.90$2.52
Nov 2023Murchison Oil9,7419,68512,37710,3242,053$77.69$2.71
Oct 2023Murchison Oil8,6988,6827,2326,495737$85.64$2.98
Sep 2023Murchison Oil9,7149,7488,0607,825235$89.43$2.64
Aug 2023Murchison Oil10,16710,11816,20714,5991,608$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

Spraberry (Trend Area) field

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