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Texas oil lease

Producing

HUGHES Y

Hughes Y is an oil lease in Reagan County, Texas, operated by Discovery Natural Resources LLC in the Spraberry (Trend Area) field.

1 well

3,662bbl oil, last 12 months+6% vs prior year
RRC lease
7C-20180

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
126,239 mcf
Oil in Jul 2026
368 bbl

Production by month

Oil output rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for HUGHES Y, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 3,662 bbl in the 12 months through Jul 2026, against 3,457 bbl in the 12 months before.Last 12 months: 3,662 bblbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for HUGHES Y, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 3,662 bbl in the 12 months through Jul 2026, against 3,457 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 7.2% of the gas in May 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuelShare of HUGHES Y gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 7.2% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2023: fuel to plantFlared 7.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuelShare of HUGHES Y gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 7.2% of the gas in May 2025.Share of gas by disposition code0%50%100%Dec 23: fuel to plantFlared 7.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 115,307 mcf

  • Lease fuel (1)

    6.6% · 8,312 mcf

  • Flared (4)

    2.1% · 2,620 mcf

2.1% of the gas flared in the last 12 months. 5 months above 3%.

1 well on this lease

Wells on HUGHES Y
API numberWell no.Status
42-383-403792084LNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 1, 2023–
Canes Midstream G&p LLCCasinghead gasBuys50Aug 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers50Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers90Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers10Nov 1, 2023Aug 1, 2024
Canes Midstream G&p LLCCasinghead gasBuys90Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys10Nov 1, 2023Aug 1, 2024
Cogent Midstream Westex, LLCCasinghead gasGathers100May 1, 2021Nov 1, 2023
Cogent Midstream Westex, LLCCasinghead gasBuys100May 1, 2021Nov 1, 2023

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

1,280 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 Hughes Y
API numberWell no.Acreson the permit
42-383-403792084LN1,280

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for HUGHES Y
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202636836622,05520,695295$80.46$2.89
Jun 202616616410,5089,892102$84.81$3.15
May 20267912,49211,342535$102.13$2.94
Apr 20261521527,7767,30243$100.32$2.77
Mar 20261591608,8808,18197$91.38$3.04
Feb 20263143129,7498,890238$64.51$3.62
Jan 202638559,7548,760232$60.04$7.72
Dec 20251,0251,01111,47010,172320$57.97$4.26
Nov 20253803779,5578,454276$60.06$3.79
Oct 202510210611,25410,117226$60.89$3.19
Sep 20253873896,3145,75965$63.96$2.97
Aug 20255645636,4305,743191$64.86$2.91
Jul 20255996089,2008,013377$68.39$3.20
Jun 20258858759,2417,844416$68.17$3.02
May 20252972931,22598488$62.17$3.12
Apr 202591391811$63.54$3.42
Mar 2025353251251$68.24$4.12
Feb 20251051169,7437,3240$71.53$4.19
Jan 202521922218,82017,45755$75.74$4.13
Dec 202427627126,08023,150813$70.12$3.01
Nov 202424124217,34416,2972$69.95$2.12
Oct 202425725819,00717,79310$71.99$2.20
Sep 202424924820,28218,95220$70.24$2.28
Aug 202428528819,18717,627165$76.68$1.99
Jul 202429829816,19614,568378$81.80$2.07
Jun 202428228117,15416,03632$79.77$2.54
May 202428628613,00012,06514$80.02$2.12
Apr 202432833612,78012,0006$85.35$1.60
Mar 202449648710,3469,6561$81.28$1.49
Feb 20242902774,9394,4944$77.25$1.72
Jan 20241113,60812,207104$74.15$3.18
Dec 2023005183304$71.90$2.52
Nov 202301814440$77.69$2.71
Oct 202336035919,68918,81361$85.64$2.98
Sep 202344845526,01924,94841$89.43$2.64
Aug 202365763921,35720,5638$81.39$2.58

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

Discovery Natural Resources LLC in Reagan County

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Spraberry (Trend Area) field

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