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Texas oil lease

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NO BISCUIT UNIT 274-273

No Biscuit Unit 274-273 is an oil lease in Reeves County, Texas, operated by Greenlake Energy Operating, LLC in the Phantom (Wolfcamp) field.

6 wells

481,429bbl oil, last 12 months−46% vs prior year
Operator
Greenlake Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-61119

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,231,753 mcf
Oil in Jul 2026
33,171 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for NO BISCUIT UNIT 274-273, May 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 481,429 bbl in the 12 months through Jul 2026, against 891,782 bbl in the 12 months before.Last 12 months: 481,429 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for NO BISCUIT UNIT 274-273, May 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 481,429 bbl in the 12 months through Jul 2026, against 891,782 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.9% of the gas in Jul 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of NO BISCUIT UNIT 274-273 gas by disposition code each month, May 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.9% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.9%Jul 24OctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of NO BISCUIT UNIT 274-273 gas by disposition code each month, May 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.9% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Flared 5.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 1,204,943 mcf

  • Flared (4)

    2.0% · 25,188 mcf

  • Lease fuel (1)

    0.1% · 1,622 mcf

2.0% of the gas flared in the last 12 months. 9 months above 3%.

6 wells on this lease

Wells on NO BISCUIT UNIT 274-273
API numberWell no.Status
42-389-408194307HActive
42-389-408204301HActive
42-389-408214704HActive
42-389-408224709HActive
42-389-408234312HActive
42-389-408244715HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Chevron Midstream Services, LLCOilGathers100Dec 20, 2023
Kinetik Holdings LPCasinghead gasBuys100Dec 20, 2023
Kinetik Holdings LPCasinghead gasGathers100Dec 20, 2023

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

Who buys my oilOil price check

1,280 acres on the newest permit

Check your decimal on this lease
Permits for No Biscuit Unit 274-273
API numberWell no.Acreson the permit
42-389-408194307H1,280
42-389-408204301H1,280
42-389-408214704H1,280
42-389-408224709H1,280
42-389-408234312H1,280
42-389-408244715H1,280

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

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27 months, newest first

Ledger for NO BISCUIT UNIT 274-273
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202633,17132,779111,225109,9221,062$80.46$2.89
Jun 202631,97032,196105,392104,804588$84.81$3.15
May 202634,18234,36698,99296,2262,702$102.13$2.94
Apr 202639,19639,167114,179113,610407$100.32$2.77
Mar 202633,04932,81976,17975,173870$91.38$3.04
Feb 202627,43827,61066,43065,321984$64.51$3.62
Jan 202637,69637,61091,64388,1213,378$60.04$7.72
Dec 202545,29245,293105,923104,1841,588$57.97$4.26
Nov 202547,05846,929112,857111,806900$60.06$3.79
Oct 202539,94140,05286,55384,3402,084$60.89$3.19
Sep 202549,75849,901117,081114,3222,606$63.96$2.97
Aug 202562,67862,484145,299137,1148,019$64.86$2.91
Jul 202541,49541,49596,63990,7795,716$68.39$3.20
Jun 202547,75947,816117,958113,3144,498$68.17$3.02
May 202555,08655,064127,607122,5484,907$62.17$3.12
Apr 202571,17271,510161,189152,7258,290$63.54$3.42
Mar 202583,84284,181165,435162,2512,988$68.24$4.12
Feb 202583,50083,849146,347142,3893,790$71.53$4.19
Jan 202593,12292,671148,366146,6621,541$75.74$4.13
Dec 202491,18191,238136,121134,2061,772$70.12$3.01
Nov 202493,56693,000131,302129,4691,705$69.95$2.12
Oct 202475,50075,771111,217109,9081,197$71.99$2.20
Sep 202475,79275,532109,582105,3404,136$70.24$2.28
Aug 202479,76780,124114,910111,4543,427$76.68$1.99
Jul 202485,30685,151110,578107,1353,286$81.80$2.07
Jun 202498,89699,219100,71695,4865,010$79.77$2.54
May 202440,39739,16241,47839,2322,198$80.02$2.12

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

This lease belongs to

OperatorGreenlake Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Greenlake Energy Operating, LLC in Reeves County

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