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Texas oil lease

Producing

GARRETT UNIT 37-48 B

Garrett Unit 37-48 B is an oil lease in Howard County, Texas, operated by Spirit O&G Operating, LLC in the Spraberry (Trend Area) field.

1 well

19,723bbl oil, last 12 months−61% vs prior year
RRC lease
08-61697

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
96,646 mcf
Oil in Jul 2026
2,007 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ETC GAS PROCESSING, LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Oct 1, 2025.

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

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Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for GARRETT UNIT 37-48 B, Mar 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 19,723 bbl in the 12 months through Jul 2026, against 51,078 bbl in the 12 months before.Last 12 months: 19,723 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for GARRETT UNIT 37-48 B, Mar 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 19,723 bbl in the 12 months through Jul 2026, against 51,078 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
99% of the gas went to a processing plant in the last 12 monthsShare of GARRETT UNIT 37-48 B gas by disposition code each month, Mar 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 24JulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of GARRETT UNIT 37-48 B gas by disposition code each month, Mar 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 95,846 mcf

  • Lease fuel (1)

    0.8% · 800 mcf

1 well on this lease

Wells on GARRETT UNIT 37-48 B
API numberWell no.Status
42-227-4234623DHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers80Mar 23, 2024–
Rio Energy International, Inc.OilGathers20Mar 23, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Oct 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Mar 23, 2024–
Energy Transfer CompanyCasinghead gasBuys100Mar 23, 2024Oct 1, 2025

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

481.19 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Garrett Unit 37-48 B
API numberWell no.Acreson the permit
42-227-4234623DH481.19

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

Estimate your royalty

29 months, newest first

Ledger for GARRETT UNIT 37-48 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,0071,9988,3798,3190$80.46$2.89
Jun 20261,0861,1002,2042,1860$84.81$3.15
May 20261,6181,6293,6053,5790$102.13$2.94
Apr 20261,7131,7238,5148,4430$100.32$2.77
Mar 20261,6591,6479,8719,7840$91.38$3.04
Feb 20261,3781,4117,9807,9070$64.51$3.62
Jan 20261,6361,6848,6758,6050$60.04$7.72
Dec 20251,6461,7058,9678,8860$57.97$4.26
Nov 20251,5311,5838,9148,8370$60.06$3.79
Oct 20251,8091,8199,5049,4280$60.89$3.19
Sep 20251,7351,7409,6169,5390$63.96$2.97
Aug 20251,9051,90010,41710,3330$64.86$2.91
Jul 20251,9491,97310,80110,7150$68.39$3.20
Jun 20252,2892,30810,40010,3190$68.17$3.02
May 20252,5532,57510,09410,0110$62.17$3.12
Apr 20252,6572,6819,6559,5750$63.54$3.42
Mar 20253,0052,94311,73311,6210$68.24$4.12
Feb 20252,4332,2098,9858,8890$71.53$4.19
Jan 20251776075855800$75.74$4.13
Dec 20245,4525,47016,65116,5220$70.12$3.01
Nov 20246,2726,34216,40316,2780$69.95$2.12
Oct 20247,1137,1267,7797,6340$71.99$2.20
Sep 20248,4008,31321,08420,9080$70.24$2.28
Aug 20248,7788,94222,95022,7780$76.68$1.99
Jul 20249,8629,96420,40720,2330$81.80$2.07
Jun 202411,93712,07026,37826,1540$79.77$2.54
May 202415,89015,85826,79126,5290$80.02$2.12
Apr 202424,38524,38332,43832,1490$85.35$1.60
Mar 20249,9139,0289,3418,9570$81.28$1.49

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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