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Texas oil lease

Producing

MIKE JONES

Mike Jones is an oil lease in Reeves County, Texas, operated by Greenlake Energy Operating, LLC in the Hoefs T-K (Wolfcamp) field.

2 wells

268,612bbl oil, since Feb 2026
RRC lease
08-64670

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, since Feb 2026
386,993 mcf
Oil in Jul 2026
36,335 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced DELAWARE BASIN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

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

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First check

Production started February 2026; the first check is due by about June 28, 2026 (estimate).

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Production by month

Oil output fell 8% since Feb 2026

  • Oil (bars)
  • Gas (line)
Oil output fell 8% since Feb 2026Monthly oil production and gas for MIKE JONES, Feb 2026 to Jul 2026. Oil output fell 8% since Feb 2026. Monthly average of 42,897 bbl in the latest 3 months, against 46,640 bbl in the first 3.bbl per monthmcf per month0020k25k40k50k60k75k80k100kOct 25Jan 26AprJul
Oil output fell 8% since Feb 2026Monthly oil production and gas for MIKE JONES, Feb 2026 to Jul 2026. Oil output fell 8% since Feb 2026. Monthly average of 42,897 bbl in the latest 3 months, against 46,640 bbl in the first 3.bbl per monthmcf per month0020k25k40k50k60k75k80k100kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the 6 months reported

Flaring peaked at 6.7% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the 6 months reportedShare of MIKE JONES gas by disposition code each month, Feb 2026 to Jul 2026. 96% of the gas went to a processing plant in the 6 months reported. Flaring peaked at 6.7% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.7%Oct 25Jan 26AprJul
96% of the gas went to a processing plant in the 6 months reportedShare of MIKE JONES gas by disposition code each month, Feb 2026 to Jul 2026. 96% of the gas went to a processing plant in the 6 months reported. Flaring peaked at 6.7% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 6.7%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 369,636 mcf

  • Flared (4)

    4.5% · 17,278 mcf

  • Lease fuel (1)

    0.0% · 79 mcf

4.5% of the gas flared in the 6 months reported. 4 months above 3%.

2 wells on this lease

Wells on MIKE JONES
API numberWell no.Status
42-389-418214102HActive
42-389-418224106HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Feb 5, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Apr 1, 2026–
Chevron Midstream Services, LLCCasinghead gasGathers100Apr 1, 2026–
Delaware Basin Midstream LLCCasinghead gasGathers100Feb 5, 2026Apr 1, 2026
Delaware Basin Midstream LLCCasinghead gasBuys100Feb 5, 2026Apr 1, 2026

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

1,105.33 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,105.33 and 1,105.34 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Mike Jones
API numberWell no.Acreson the permit
42-389-418214102H1,105.33
42-389-418224106H1,105.34

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

Estimate your royalty

6 months, newest first

Ledger for MIKE JONES
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202636,33536,53262,99259,0303,962$80.46$2.89
Jun 202640,98240,79562,25758,9593,298$84.81$3.15
May 202651,37551,52074,56769,7864,735$102.13$2.94
Apr 202645,39145,26555,60354,5261,044$100.32$2.77
Mar 202658,46058,71085,40384,2431,160$91.38$3.04
Feb 202636,06935,39546,17143,0923,079$64.51$3.62

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

Greenlake Energy Operating, LLC in Reeves County

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