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Texas oil lease

Producing

CHILI B

Chili B is an oil lease in Reagan County, Texas, operated by Discovery Natural Resources LLC in the Spraberry (Trend Area) field.

1 well

40,601bbl oil, last 12 months−26% vs prior year
RRC lease
7C-22259

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
103,151 mcf
Oil in Jul 2026
2,899 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for CHILI B, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 40,601 bbl in the 12 months through Jul 2026, against 54,649 bbl in the 12 months before.Last 12 months: 40,601 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for CHILI B, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 40,601 bbl in the 12 months through Jul 2026, against 54,649 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.4% of the gas in Feb 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of CHILI B gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.4% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of CHILI B gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.4% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 5.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 97,217 mcf

  • Lease fuel (1)

    4.8% · 4,915 mcf

  • Flared (4)

    1.0% · 1,019 mcf

1.0% of the gas flared in the last 12 months. 4 months above 3%.

1 well on this lease

Wells on CHILI B
API numberWell no.Status
42-383-412421444UBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 1, 2023–
Canes Midstream G&p LLCCasinghead gasBuys50Nov 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Nov 1, 2023–
Canes Midstream G&p LLCCasinghead gasGathers50Nov 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Nov 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 12, 2023Nov 1, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 12, 2023Nov 1, 2023
Medallion Operating Company, LLCOilGathers33.33Feb 12, 2023Nov 1, 2023
Plains Marketing, L.p.OilGathers33.34Feb 12, 2023Nov 1, 2023
Plains Pipeline L.p.OilGathers33.33Feb 12, 2023Nov 1, 2023

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

3,226.07 acres on the newest permit

An allocation well is on this lease

Permits for Chili B
API numberWell no.Acreson the permit
42-383-412421444UB3,226.07

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

Estimate your royalty

36 months, newest first

Ledger for CHILI B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8992,88711,79711,278149$80.46$2.89
Jun 20261,9932,01112,05411,395184$84.81$3.15
May 20262,1322,1417,7247,11090$102.13$2.94
Apr 20262,4832,4997,8216,94154$100.32$2.77
Mar 20263,4823,48211,21410,70184$91.38$3.04
Feb 20264,5994,58113,33212,605108$64.51$3.62
Jan 20263,5703,6357,9107,417143$60.04$7.72
Dec 20253,8183,7957,5316,77150$57.97$4.26
Nov 20253,7273,7236,8716,60145$60.06$3.79
Oct 20254,0884,0756,2526,00730$60.89$3.19
Sep 20253,8733,8734,8534,74431$63.96$2.97
Aug 20253,9373,8975,7925,64751$64.86$2.91
Jul 20252,8862,8794,8654,73848$68.39$3.20
Jun 20256156021,0701,02824$68.17$3.02
May 202549821811673$62.17$3.12
Apr 20259561,0875,6665,13588$63.54$3.42
Mar 20255,8425,83325,61424,762430$68.24$4.12
Feb 20255,1995,17022,57720,9231,222$71.53$4.19
Jan 20255,7245,71624,78923,091982$75.74$4.13
Dec 20246,1016,10426,02824,939672$70.12$3.01
Nov 20246,1476,11625,36124,831241$69.95$2.12
Oct 20246,9416,92730,10029,362407$71.99$2.20
Sep 20246,7277,25229,49628,334769$70.24$2.28
Aug 20247,4626,96630,15728,559582$76.68$1.99
Jul 20247,9568,03831,23826,4851,290$81.80$2.07
Jun 20248,8499,06827,79424,2391,062$79.77$2.54
May 20248,2378,21028,07326,74011$80.02$2.12
Apr 20249,1799,27532,34730,8590$85.35$1.60
Mar 202410,43110,43134,46433,5350$81.28$1.49
Feb 202410,41810,40331,04330,1910$77.25$1.72
Jan 202412,44312,42228,89628,1704$74.15$3.18
Dec 202313,40913,42533,89132,69610$71.90$2.52
Nov 202315,09515,07943,10140,8940$77.69$2.71
Oct 202318,48918,44145,80342,6360$85.64$2.98
Sep 202319,10819,13444,38041,13954$89.43$2.64
Aug 202330,85030,81340,14937,135332$81.39$2.58

Flared above 3%

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

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Nearby

Discovery Natural Resources LLC in Reagan County

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Spraberry (Trend Area) field

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