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Texas oil lease

Shut in

MARSTON-KOEHN

Marston-Koehn is an oil lease in Ward County, Texas, operated by N & B Oil and Gas LLC in the Marston Ranch (Clearfork) field.

5 wells

0bbl oil, last 12 months
RRC lease
08-45832

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: N & B Oil and Gas LLC took over from Blackbeard Operating, LLC in Sep 2025.

  • Sales

    No sales reported for the last 12 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

No production to chart

The state shows zero oil and zero gas for all 35 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

Who has run this lease

The operator changed once, most recently in Sep 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Aug 2025; N & B Oil and Gas LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Blackbeard Operating, LLCJan 2020 to Aug 2025N & B Oil and Gas LLCSep 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Aug 2025; N & B Oil and Gas LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Blackbeard Operating, LLCJan 2020 to Aug 2025N & B Oil and Gas LLCSep 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on MARSTON-KOEHN
API numberWell no.Status
42-475-320651SDActive
42-475-364782Active
42-475-364903Active
42-475-368276Active
42-475-369417Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Phillips 66 CompanyOilGathers100Sep 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Mar 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys50Sep 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Mar 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers50Mar 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys50Mar 1, 2020Sep 1, 2025
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022Sep 1, 2025
Enlink Crude Purchasing LLCOilGathers25Mar 1, 2020Sep 1, 2025
Shell Trading (Us) CompanyOilGathers25Mar 1, 2020Sep 1, 2025
West Texas Crude Transport, LLCOilGathers25Mar 1, 2020Sep 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Mar 1, 2020Dec 1, 2022

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

642.16 acres on the newest permit

Permits for Marston-Koehn
API numberWell no.Acreson the permit
42-475-369417642.16
42-475-368276642.16
42-475-320651SD642.16
42-475-364903642.16
42-475-364782642.16

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

Estimate your royalty

36 months, newest first

Ledger for MARSTON-KOEHN
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026N &00$80.46$2.89
Jun 2026N &00$84.81$3.15
May 2026N &00$102.13$2.94
Apr 2026N &00$100.32$2.77
Mar 2026N &00$91.38$3.04
Feb 2026N &00$64.51$3.62
Jan 2026N &00$60.04$7.72
Dec 2025N &00$57.97$4.26
Nov 2025N &00$60.06$3.79
Oct 2025N &00$60.89$3.19
Sep 2025N &00$63.96$2.97
Aug 2025Blackbeard Operating,00$64.86$2.91
Jul 2025Blackbeard Operating,00$68.39$3.20
Jun 2025No report––$68.17$3.02
May 2025Blackbeard Operating,00$62.17$3.12
Apr 2025Blackbeard Operating,00$63.54$3.42
Mar 2025Blackbeard Operating,00$68.24$4.12
Feb 2025Blackbeard Operating,00$71.53$4.19
Jan 2025Blackbeard Operating,00$75.74$4.13
Dec 2024Blackbeard Operating,00$70.12$3.01
Nov 2024Blackbeard Operating,00$69.95$2.12
Oct 2024Blackbeard Operating,00$71.99$2.20
Sep 2024Blackbeard Operating,00$70.24$2.28
Aug 2024Blackbeard Operating,00$76.68$1.99
Jul 2024Blackbeard Operating,00$81.80$2.07
Jun 2024Blackbeard Operating,00$79.77$2.54
May 2024Blackbeard Operating,00$80.02$2.12
Apr 2024Blackbeard Operating,00$85.35$1.60
Mar 2024Blackbeard Operating,00$81.28$1.49
Feb 2024Blackbeard Operating,00$77.25$1.72
Jan 2024Blackbeard Operating,00$74.15$3.18
Dec 2023Blackbeard Operating,00$71.90$2.52
Nov 2023Blackbeard Operating,00$77.69$2.71
Oct 2023Blackbeard Operating,00$85.64$2.98
Sep 2023Blackbeard Operating,00$89.43$2.64
Aug 2023Blackbeard Operating,00$81.39$2.58

No report filed

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

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Nearby

Marston Ranch (Clearfork) field

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