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Texas oil lease

Producing

GHOST 35-26 C

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

1 well

99,430bbl oil, last 12 months
Operator
Birch Operations, Inc.
County
Dawson County
Field
Spraberry (Trend Area)
RRC lease
08-63048

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
45,110 mcf
Oil in Jul 2026
6,433 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 83% since Oct 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 83% since Oct 2024Monthly oil production and gas for GHOST 35-26 C, Oct 2024 to Jul 2026. Oil output fell 83% since Oct 2024. Monthly average of 5,908 bbl in the latest 3 months, against 35,228 bbl in the first 3.Last 12 months: 99,430 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 83% since Oct 2024Monthly oil production and gas for GHOST 35-26 C, Oct 2024 to Jul 2026. Oil output fell 83% since Oct 2024. Monthly average of 5,908 bbl in the latest 3 months, against 35,228 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 17.9% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of GHOST 35-26 C gas by disposition code each month, Oct 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.9% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.9%Oct 24Jan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of GHOST 35-26 C gas by disposition code each month, Oct 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.9% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 17.9%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 40,877 mcf

  • Flared (4)

    9.4% · 4,232 mcf

  • Lease fuel (1)

    0.0% · 1 mcf

9.4% of the gas flared in the last 12 months. 16 months above 3%.

1 well on this lease

Wells on GHOST 35-26 C
API numberWell no.Status
42-115-339586DNActive

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
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 18, 2024Jul 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 18, 2024Jul 1, 2025

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

Who buys my oilOil price check

750 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 C
API numberWell no.Acreson the permit
42-115-339586DN750

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

Unit decimal checker

Estimate your royalty

22 months, newest first

Ledger for GHOST 35-26 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,4336,4292,9532,800153$80.46$2.89
Jun 20264,6474,6532,1491,808341$84.81$3.15
May 20266,6456,6483,9183,651267$102.13$2.94
Apr 20266,8476,8504,1243,387737$100.32$2.77
Mar 20267,1087,1144,1093,676433$91.38$3.04
Feb 20267,7907,7963,7363,405331$64.51$3.62
Jan 20269,4329,4084,2183,763455$60.04$7.72
Dec 202510,40010,4134,1333,780353$57.97$4.26
Nov 202511,33611,3264,4983,990508$60.06$3.79
Oct 202511,46711,4523,5693,286283$60.89$3.19
Sep 20254,5894,6061,2191,18831$63.96$2.97
Aug 202512,73612,7516,4846,143340$64.86$2.91
Jul 202515,07615,0967,5777,420155$68.39$3.20
Jun 202517,15417,1348,0637,909154$68.17$3.02
May 202519,17619,1897,0266,746280$62.17$3.12
Apr 202522,86422,8557,5857,408177$63.54$3.42
Mar 202522,42722,4675,9435,619324$68.24$4.12
Feb 202529,08429,0628,5088,5070$71.53$4.19
Jan 202536,14136,13311,46611,228237$75.74$4.13
Dec 202440,34740,36713,61512,5561,059$70.12$3.01
Nov 202443,58043,56516,17813,4932,685$69.95$2.12
Oct 202421,75621,6917,9767,000976$71.99$2.20

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

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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