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Texas oil lease

Producing

GHOST 35-26 B

Ghost 35-26 B is an oil lease in Dawson County, Texas, operated by Birch Operations, Inc. in the Spraberry (Trend Area) field.

1 well

60,513bbl oil, last 12 months−56% vs prior year
Operator
Birch Operations, Inc.
County
Dawson County
Field
Spraberry (Trend Area)
RRC lease
08-61131

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
42,779 mcf
Oil in Jul 2026
3,647 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA MIDLAND LLC replaced CORONADO MIDSTREAM LLC, TARGA PL MID-CONT WESTTEX LLC as the buyer of this lease's gas from oil wells on May 1, 2026.

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

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Production by month

Oil output fell 56% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 56% over the last 12 monthsMonthly oil production and gas for GHOST 35-26 B, Jan 2024 to Jul 2026. Oil output fell 56% over the last 12 months. 60,513 bbl in the 12 months through Jul 2026, against 136,751 bbl in the 12 months before.Last 12 months: 60,513 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 56% over the last 12 monthsMonthly oil production and gas for GHOST 35-26 B, Jan 2024 to Jul 2026. Oil output fell 56% over the last 12 months. 60,513 bbl in the 12 months through Jul 2026, against 136,751 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

Flaring peaked at 17.7% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of GHOST 35-26 B gas by disposition code each month, Jan 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.7% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.7%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of GHOST 35-26 B gas by disposition code each month, Jan 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.7% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 17.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 39,611 mcf

  • Flared (4)

    7.4% · 3,165 mcf

  • Lease fuel (1)

    0.0% · 3 mcf

7.4% of the gas flared in the last 12 months. 25 months above 3%.

1 well on this lease

Wells on GHOST 35-26 B
API numberWell no.Status
42-115-339214DNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers34Jul 1, 2025–
Dk Trading & Supply, LLCOilGathers33Jul 1, 2025–
Trafigura Trading LLCOilGathers33Jul 1, 2025–
Targa Midland LLCCasinghead gasBuys100May 1, 2026–
Targa Midland LLCCasinghead gasGathers100May 1, 2026–
Enlink Permian, LLCCasinghead gasGathers50Jul 1, 2025May 1, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Jul 1, 2025May 1, 2026
Coronado Midstream LLCCasinghead gasBuys50Jul 1, 2025May 1, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Jul 1, 2025May 1, 2026
Enlink Permian, LLCCasinghead gasGathers100Jan 14, 2024Jul 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 14, 2024Jul 1, 2025

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

Who buys my oilOil price check

790 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ghost 35-26 B
API numberWell no.Acreson the permit
42-115-339214DN790

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

Unit decimal checker

Estimate your royalty

31 months, newest first

Ledger for GHOST 35-26 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6473,6492,4762,358118$80.46$2.89
Jun 20263,3823,3831,9871,673314$84.81$3.15
May 20264,0574,0592,8292,638191$102.13$2.94
Apr 20264,1884,1913,0162,481535$100.32$2.77
Mar 20264,6664,6683,3042,975329$91.38$3.04
Feb 20264,7544,7592,9412,712229$64.51$3.62
Jan 20265,9645,9423,0802,775305$60.04$7.72
Dec 20253,9493,9603,2213,036185$57.97$4.26
Nov 20255,9905,9865,3184,927391$60.06$3.79
Oct 20256,8196,8235,8145,536277$60.89$3.19
Sep 20256,8846,8784,9454,834110$63.96$2.97
Aug 20256,2136,2223,8483,666181$64.86$2.91
Jul 20257,8887,8955,9855,88598$68.39$3.20
Jun 20257,8987,8905,8565,76195$68.17$3.02
May 20259,7049,7096,1305,903227$62.17$3.12
Apr 202510,53610,5366,0685,955113$63.54$3.42
Mar 202512,28112,2906,4176,110307$68.24$4.12
Feb 202512,04112,0294,9554,9550$71.53$4.19
Jan 202513,49013,4853,3993,31980$75.74$4.13
Dec 202413,43413,4303,9113,585326$70.12$3.01
Nov 20248,7568,7912,9242,427497$69.95$2.12
Oct 202417,22617,2176,6845,867817$71.99$2.20
Sep 202413,90513,8975,7115,085626$70.24$2.28
Aug 20249,5929,6358,4007,3681,032$76.68$1.99
Jul 202425,32525,29712,14111,393748$81.80$2.07
Jun 202423,41923,42010,0209,282736$79.77$2.54
May 202427,73127,73012,60511,866710$80.02$2.12
Apr 202435,85035,87715,37113,7101,661$85.35$1.60
Mar 202444,83044,86617,35915,8561,503$81.28$1.49
Feb 202443,12643,08815,83914,3281,511$77.25$1.72
Jan 202427,62127,54710,1188,8501,268$74.15$3.18

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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This lease belongs to

OperatorBirch Operations, Inc.FieldSpraberry (Trend Area)CountyDawson County

Birch Operations, Inc. in Dawson County

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Spraberry (Trend Area) field

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