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Texas oil lease

Producing

HUGHES, M.B.

Hughes, M.b. is an oil lease in Jasper County, Texas, operated by Jay Management Company, LLC in the Castillo (Yegua #7) field.

1 well

254bbl oil, last 12 months−49% vs prior year
RRC lease
03-12121

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Where it sits

This county

Jasper CountyJasperSan AugustineHardinSabineTylerNewtonAngelinaJasper County
Jasper County
Oil in Jul 2026
20 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production for HUGHES, M.B., Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 254 bbl in the 12 months through Jul 2026, against 501 bbl in the 12 months before.Last 12 months: 254 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production for HUGHES, M.B., Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 254 bbl in the 12 months through Jul 2026, against 501 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on HUGHES, M.B.
API numberWell no.Status
42-241-301362Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Phillips 66 CompanyOilGathers100Oct 1, 2020–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Oct 1, 2020
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Oct 1, 2020
Enterprise Crude Oil LLCOilGathers100Mar 31, 2016Oct 1, 2020

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

711 acres on the newest permit

  • 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 Hughes, M.b.
API numberWell no.Acreson the permit
42-241-301362711

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

Estimate your royalty

36 months, newest first

Ledger for HUGHES, M.B.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026200$80.46$2.89
Jun 2026180$84.81$3.15
May 20262068$102.13$2.94
Apr 2026200$100.32$2.77
Mar 2026220$91.38$3.04
Feb 2026200$64.51$3.62
Jan 2026150$60.04$7.72
Dec 2025200$57.97$4.26
Nov 2025220$60.06$3.79
Oct 2025270$60.89$3.19
Sep 2025230$63.96$2.97
Aug 2025270$64.86$2.91
Jul 2025280$68.39$3.20
Jun 2025250$68.17$3.02
May 2025200$62.17$3.12
Apr 202553162$63.54$3.42
Mar 2025310$68.24$4.12
Feb 2025330$71.53$4.19
Jan 202578160$75.74$4.13
Dec 2024730$70.12$3.01
Nov 202449154$69.95$2.12
Oct 202445167$71.99$2.20
Sep 2024360$70.24$2.28
Aug 2024300$76.68$1.99
Jul 2024320$81.80$2.07
Jun 2024350$79.77$2.54
May 2024330$80.02$2.12
Apr 202435168$85.35$1.60
Mar 2024310$81.28$1.49
Feb 2024350$77.25$1.72
Jan 2024330$74.15$3.18
Dec 2023250$71.90$2.52
Nov 2023200$77.69$2.71
Oct 202329159$85.64$2.98
Sep 2023300$89.43$2.64
Aug 2023350$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Jay Management Company, LLC in Jasper County

No other producing leases from this operator in this county are in our data yet.

Castillo (Yegua #7) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Drilling permits within 10 km