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Texas oil lease

Producing

FREE 40

Free 40 is an oil lease in Howard County, Texas, operated by New Height Energy, LLC in the Spraberry (Trend Area) field.

4 wells

1,920bbl oil, last 12 months−51% vs prior year
Operator
New Height Energy, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-39521

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
10,710 mcf
Oil in Jun 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: New Height Energy, LLC took over from Scout Energy Management LLC in Dec 2025.

  • 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 fell 51% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for FREE 40, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,791 bbl in the 12 months through Jul 2026, against 3,689 bbl in the 12 months before.Last 12 months: 1,791 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for FREE 40, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,791 bbl in the 12 months through Jul 2026, against 3,689 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to flaring in the 6 months reported

Flaring peaked at 100.0% of the gas in Aug 2025.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to flaring in the 6 months reportedShare of FREE 40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to flaring in the 6 months reportedShare of FREE 40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    100% · 10,710 mcf

  • Transmission line (2)

    0.2% · 26 mcf

99.8% of the gas flared in the 6 months reported. 5 months above 3%.

Who has run this lease

The operator changed once, most recently in Dec 2025

Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Nov 2025; New Height Energy, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Scout Energy Management LLCJan 2020 to Nov 2025New Height Energy, LLCDec 2025 to now
Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Nov 2025; New Height Energy, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Scout Energy Management LLCJan 2020 to Nov 2025New Height Energy, LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on FREE 40
API numberWell no.Status
42-227-362021Active
42-227-364172Active
42-227-3679940EShut-in
42-227-3680040MActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers50Dec 1, 2025–
Energy Trans Crude Marketing LLCOilGathers50Dec 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Dec 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Dec 1, 2025–
Energy Trans Crude Marketing LLCOilGathers50Nov 1, 2021Dec 1, 2025
Lion Oil Trading & Trans, LLCOilGathers50Nov 1, 2021Dec 1, 2025
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Nov 1, 2021
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Nov 1, 2021
Lion Oil Trading & Trans, LLCOilGathers100Oct 1, 2017Nov 1, 2021
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 1, 2015May 1, 2021

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

Who buys my oilOil price check

320 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 960 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Free 40
API numberWell no.Acreson the permit
42-227-3679940E320
42-227-3680040M320
42-227-364172960
42-227-362021640

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FREE 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026New Height00000$84.81$3.15
May 2026New Height280000$102.13$2.94
Apr 2026New Height244185000$100.32$2.77
Mar 2026New Height73248000$91.38$3.04
Feb 2026New Height99156000$64.51$3.62
Jan 2026New Height222139000$60.04$7.72
Dec 2025New Height3453722,17002,170$57.97$4.26
Nov 2025Scout Energy2292592,10002,100$60.06$3.79
Oct 2025Scout Energy2151102,17002,170$60.89$3.19
Sep 2025Scout Energy2061172,10002,100$63.96$2.97
Aug 2025Scout Energy1301202,17002,170$64.86$2.91
Jul 2025Scout Energy129116000$68.39$3.20
Jun 2025Scout Energy165230000$68.17$3.02
May 2025Scout Energy192356000$62.17$3.12
Apr 2025Scout Energy635538000$63.54$3.42
Mar 2025Scout Energy525542000$68.24$4.12
Feb 2025Scout Energy417361000$71.53$4.19
Jan 2025Scout Energy339364000$75.74$4.13
Dec 2024Scout Energy296357000$70.12$3.01
Nov 2024Scout Energy235177000$69.95$2.12
Oct 2024Scout Energy423353000$71.99$2.20
Sep 2024Scout Energy275353000$70.24$2.28
Aug 2024Scout Energy58175000$76.68$1.99
Jul 2024Scout Energy615540000$81.80$2.07
Jun 2024Scout Energy572541000$79.77$2.54
May 2024Scout Energy344234000$80.02$2.12
Apr 2024Scout Energy325396000$85.35$1.60
Mar 2024Scout Energy358334000$81.28$1.49
Feb 2024Scout Energy397371000$77.25$1.72
Jan 2024Scout Energy482424000$74.15$3.18
Dec 2023Scout Energy419543000$71.90$2.52
Nov 2023Scout Energy357332000$77.69$2.71
Oct 2023Scout Energy426502000$85.64$2.98
Sep 2023Scout Energy495542000$89.43$2.64
Aug 2023Scout Energy43133626260$81.39$2.58

No report filed 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

OperatorNew Height Energy, LLCFieldSpraberry (Trend Area)CountyHoward County

New Height Energy, LLC in Howard County

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Spraberry (Trend Area) field

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