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Texas oil lease

Producing

HEARTSBANE 38-47 C

Heartsbane 38-47 C is an oil lease in Dawson County, Texas, operated by Birch Operations, Inc. in the Spraberry (Trend Area) field.

1 well

155,096bbl oil, last 12 months
RRC lease
08-63153

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
169,602 mcf
Oil in Jul 2026
10,256 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 81% since Nov 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 81% since Nov 2024Monthly oil production and gas for HEARTSBANE 38-47 C, Nov 2024 to Jul 2026. Oil output fell 81% since Nov 2024. Monthly average of 10,326 bbl in the latest 3 months, against 53,172 bbl in the first 3.Last 12 months: 155,096 bblbbl per monthmcf per month0020k10k40k20k60k30k80k40kJan 25AprJulOctJan 26AprJul
Oil output fell 81% since Nov 2024Monthly oil production and gas for HEARTSBANE 38-47 C, Nov 2024 to Jul 2026. Oil output fell 81% since Nov 2024. Monthly average of 10,326 bbl in the latest 3 months, against 53,172 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k10k40k20k60k30k80k40kJan 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 17.5% 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 HEARTSBANE 38-47 C gas by disposition code each month, Nov 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.5% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.5%Jan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of HEARTSBANE 38-47 C gas by disposition code each month, Nov 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.5% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 17.5%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 157,260 mcf

  • Flared (4)

    7.3% · 12,334 mcf

  • Lease fuel (1)

    0.0% · 8 mcf

7.3% of the gas flared in the last 12 months. 15 months above 3%.

1 well on this lease

Wells on HEARTSBANE 38-47 C
API numberWell no.Status
42-115-339916DNActive

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).

469.03 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 Heartsbane 38-47 C
API numberWell no.Acreson the permit
42-115-339916DN469.03

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

Estimate your royalty

21 months, newest first

Ledger for HEARTSBANE 38-47 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,25610,26616,13915,454685$80.46$2.89
Jun 202610,43010,42214,04111,8312,210$84.81$3.15
May 202610,29210,30013,53912,650889$102.13$2.94
Apr 202611,35811,35313,99911,5492,450$100.32$2.77
Mar 20269,9399,9439,7618,861900$91.38$3.04
Feb 202610,13010,13310,4819,822659$64.51$3.62
Jan 202611,19111,16712,62011,754866$60.04$7.72
Dec 202514,88914,91116,43615,608828$57.97$4.26
Nov 202516,99616,98218,74917,4881,261$60.06$3.79
Oct 202517,63517,64416,55215,789761$60.89$3.19
Sep 202517,44617,42913,94413,633308$63.96$2.97
Aug 202514,53414,56213,34112,821517$64.86$2.91
Jul 202520,91720,94218,41618,130281$68.39$3.20
Jun 202522,93422,91218,91518,617297$68.17$3.02
May 202528,08028,09719,74719,024722$62.17$3.12
Apr 202532,35832,36621,01120,633377$63.54$3.42
Mar 202540,89540,94923,75422,6321,121$68.24$4.12
Feb 202547,05947,01922,53422,5320$71.53$4.19
Jan 202556,61456,59026,06025,606452$75.74$4.13
Dec 202454,94954,95526,11324,3481,765$70.12$3.01
Nov 202447,95347,86524,00020,2473,752$69.95$2.12

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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