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Producing

LADY STONEHEART 38-47 B

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

1 well

93,371bbl oil, last 12 months−62% vs prior year
Operator
Birch Operations, Inc.
County
Dawson County
Field
Spraberry (Trend Area)
RRC lease
08-61189

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
106,367 mcf
Oil in Jul 2026
5,151 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.

See why checks stop on this lease

Production by month

Oil output fell 62% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 62% over the last 12 monthsMonthly oil production and gas for LADY STONEHEART 38-47 B, Jan 2024 to Jul 2026. Oil output fell 62% over the last 12 months. 93,371 bbl in the 12 months through Jul 2026, against 248,204 bbl in the 12 months before.Last 12 months: 93,371 bblbbl per monthmcf per month0020k10k40k20k60k30k80k40kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 62% over the last 12 monthsMonthly oil production and gas for LADY STONEHEART 38-47 B, Jan 2024 to Jul 2026. Oil output fell 62% over the last 12 months. 93,371 bbl in the 12 months through Jul 2026, against 248,204 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k10k40k20k60k30k80k40kJan 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 17.5% 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 LADY STONEHEART 38-47 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 17.5% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.5%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of LADY STONEHEART 38-47 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 17.5% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 17.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 98,837 mcf

  • Flared (4)

    7.1% · 7,526 mcf

  • Lease fuel (1)

    0.0% · 4 mcf

7.1% of the gas flared in the last 12 months. 25 months above 3%.

1 well on this lease

Wells on LADY STONEHEART 38-47 B
API numberWell no.Status
42-115-339196DNActive

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

493.15 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 Lady Stoneheart 38-47 B
API numberWell no.Acreson the permit
42-115-339196DN493.15

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

Unit decimal checker

Estimate your royalty

31 months, newest first

Ledger for LADY STONEHEART 38-47 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,1515,1576,3596,082277$80.46$2.89
Jun 20265,5625,5616,3015,308993$84.81$3.15
May 20266,1156,1167,5467,050496$102.13$2.94
Apr 20266,0926,0997,8066,4411,365$100.32$2.77
Mar 20267,1517,1509,0228,228794$91.38$3.04
Feb 20266,5206,5257,4897,034455$64.51$3.62
Jan 20267,7807,7629,2538,630623$60.04$7.72
Dec 20259,6949,71111,54310,978565$57.97$4.26
Nov 202511,97311,96313,96913,049920$60.06$3.79
Oct 202512,25312,23611,93911,396542$60.89$3.19
Sep 20254,4204,4323,7263,64382$63.96$2.97
Aug 202510,66010,67311,41410,998414$64.86$2.91
Jul 202512,75012,76313,08812,897187$68.39$3.20
Jun 202513,48613,47013,80113,595205$68.17$3.02
May 202514,96414,97013,33412,855478$62.17$3.12
Apr 202515,90615,90513,07912,860219$63.54$3.42
Mar 202517,95817,97613,26212,653609$68.24$4.12
Feb 202518,98618,97412,36112,3600$71.53$4.19
Jan 202524,98124,98014,89814,664233$75.74$4.13
Dec 202431,04931,05716,78615,7021,084$70.12$3.01
Nov 202429,10029,10714,20911,9772,232$69.95$2.12
Oct 202420,35820,3789,5258,3611,164$71.99$2.20
Sep 202426,98826,98411,36510,1201,245$70.24$2.28
Aug 202421,67821,73712,85811,2751,583$76.68$1.99
Jul 202444,81144,76325,92624,3321,594$81.80$2.07
Jun 202442,13542,13021,79920,2321,562$79.77$2.54
May 202446,30246,28424,36223,0041,296$80.02$2.12
Apr 202447,52947,55624,76422,2522,512$85.35$1.60
Mar 202454,01154,06526,13724,0072,130$81.28$1.49
Feb 202456,13256,07923,43921,1572,282$77.25$1.72
Jan 202434,45234,35915,39013,4241,966$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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