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CHOCOLATE LAB 40-33

Chocolate Lab 40-33 is an oil lease in Dawson County, Texas, operated by Ike Operating, LLC in the Spraberry (Trend Area) field.

1 well

24,688bbl oil, last 12 months−2% vs prior year
Operator
Ike Operating, LLC
County
Dawson County
Field
Spraberry (Trend Area)
RRC lease
08-55230

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
17,484 mcf
Oil in Jul 2026
1,780 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for CHOCOLATE LAB 40-33, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 24,688 bbl in the 12 months through Jul 2026, against 25,094 bbl in the 12 months before.Last 12 months: 24,688 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for CHOCOLATE LAB 40-33, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 24,688 bbl in the 12 months through Jul 2026, against 25,094 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 76.5% of the gas in Feb 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of CHOCOLATE LAB 40-33 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 76.5% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 76.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of CHOCOLATE LAB 40-33 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 76.5% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 76.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 16,900 mcf

  • Flared (4)

    3.4% · 600 mcf

3.4% of the gas flared in the last 12 months. 17 months above 3%.

Who has run this lease

The operator changed once, most recently in Oct 2023

Operators of this lease over timePinon Operating, LLC, Sep 2020 to Sep 2023; Ike Operating, LLC, Oct 2023 to Jul 2026202120222023202420252026Changed Oct 2023Pinon Operating, LLCSep 2020 to Sep 2023Ike Operating, LLCOct 2023 to now
Operators of this lease over timePinon Operating, LLC, Sep 2020 to Sep 2023; Ike Operating, LLC, Oct 2023 to Jul 2026202120222023202420252026Changed Oct 2023Pinon Operating, LLCSep 2020 to Sep 2023Ike Operating, LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CHOCOLATE LAB 40-33
API numberWell no.Status
42-115-338021HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Feb 1, 2022–
Etc Gas Processing, LLCCasinghead gasBuys100Sep 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Sep 1, 2024–
Wtg Gas Processing, LLCCasinghead gasGathers100Oct 1, 2023Sep 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Oct 1, 2023Sep 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 28, 2020Oct 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 28, 2020Oct 1, 2023
Enterprise Crude Oil LLCOilGathers100Sep 28, 2020Feb 1, 2022

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

Who buys my oilOil price check

500.33 acres on the newest permit

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Permits for Chocolate Lab 40-33
API numberWell no.Acreson the permit
42-115-338021H500.33

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for CHOCOLATE LAB 40-33
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ike Operating,1,7801,8751,8041,8040$80.46$2.89
Jun 2026Ike Operating,1,9301,9221,5631,5630$84.81$3.15
May 2026Ike Operating,2,0251,9191,6091,6090$102.13$2.94
Apr 2026Ike Operating,2,2442,2661,6461,334312$100.32$2.77
Mar 2026Ike Operating,2,8813,0373,7203,7200$91.38$3.04
Feb 2026Ike Operating,3,0942,9363,5973,309288$64.51$3.62
Jan 2026Ike Operating,2,7762,9712,0402,0400$60.04$7.72
Dec 2025Ike Operating,2,7902,6188908900$57.97$4.26
Nov 2025Ike Operating,2,6182,4705595590$60.06$3.79
Oct 2025Ike Operating,25930055550$60.89$3.19
Sep 2025Ike Operating,872926110$63.96$2.97
Aug 2025Ike Operating,1,4191,458000$64.86$2.91
Jul 2025Ike Operating,1,5211,383000$68.39$3.20
Jun 2025Ike Operating,62664516160$68.17$3.02
May 2025Ike Operating,2,4142,4701,0361,0360$62.17$3.12
Apr 2025Ike Operating,2,3252,3444974970$63.54$3.42
Mar 2025Ike Operating,1,2021,314907911$68.24$4.12
Feb 2025Ike Operating,3,0653,1733463460$71.53$4.19
Jan 2025Ike Operating,3,8393,7947217210$75.74$4.13
Dec 2024Ike Operating,8806733733730$70.12$3.01
Nov 2024Ike Operating,2,1062,1161,4721,246226$69.95$2.12
Oct 2024Ike Operating,2,5402,533814540274$71.99$2.20
Sep 2024Ike Operating,2,2412,23155848969$70.24$2.28
Aug 2024Ike Operating,2,3352,30444236379$76.68$1.99
Jul 2024Ike Operating,2,5732,56542533986$81.80$2.07
Jun 2024Ike Operating,2,1152,110789615174$79.77$2.54
May 2024Ike Operating,2,5902,6251,209843366$80.02$2.12
Apr 2024Ike Operating,2,7912,804949529420$85.35$1.60
Mar 2024Ike Operating,2,9842,9091,041704337$81.28$1.49
Feb 2024Ike Operating,1,1531,376874205669$77.25$1.72
Jan 2024Ike Operating,3,0183,2731,527999528$74.15$3.18
Dec 2023Ike Operating,3,4913,2251,9121,043869$71.90$2.52
Nov 2023Ike Operating,3,1304,0011,532556976$77.69$2.71
Oct 2023Ike Operating,3,4312,4811,749757992$85.64$2.98
Sep 2023Pinon Operating,2,2452,3529979970$89.43$2.64
Aug 2023Pinon Operating,3,5713,6512,0052,0050$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

This lease belongs to

OperatorIke Operating, LLCFieldSpraberry (Trend Area)CountyDawson County

Ike Operating, LLC in Dawson County

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Spraberry (Trend Area) field

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