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OLDHAM 38-27 B UNIT

Oldham 38-27 B Unit is an oil lease in Howard County, Texas, operated by Highpeak Energy Holdings, LLC in the Spraberry (Trend Area) field.

4 wells

38,692bbl oil, last 12 months+51% vs prior year
Operator
Highpeak Energy Holdings, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-54008

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
123,945 mcf
Oil in Jun 2026
3,267 bbl

Production by month

Oil output rose 51% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 51% over the last 12 monthsMonthly oil production and gas for OLDHAM 38-27 B UNIT, Aug 2023 to Jul 2026. Oil output rose 51% over the last 12 months. 35,369 bbl in the 12 months through Jul 2026, against 23,490 bbl in the 12 months before.Last 12 months: 35,369 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 51% over the last 12 monthsMonthly oil production and gas for OLDHAM 38-27 B UNIT, Aug 2023 to Jul 2026. Oil output rose 51% over the last 12 months. 35,369 bbl in the 12 months through Jul 2026, against 23,490 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 9.8% of the gas in Jan 2024.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of OLDHAM 38-27 B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.8% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of OLDHAM 38-27 B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.8% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 9.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on OLDHAM 38-27 B UNIT
API numberWell no.Status
42-227-40392A 7HActive
42-227-40393A 8HActive
42-227-40424L 8HActive
42-227-40429L 7HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Oct 1, 2023–
Energy Transfer Marketing & TermCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 11, 2020Oct 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 11, 2020Oct 1, 2023
Lion Oil Trading & Trans, LLCOilGathers100Mar 11, 2020Oct 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

  • 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 Oldham 38-27 B Unit
API numberWell no.Acreson the permit
42-227-40429L 7H320
42-227-40424L 8H320
42-227-40392A 7H320
42-227-40393A 8H320

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

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36 months, newest first

Ledger for OLDHAM 38-27 B UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 20263,2673,29210,64710,6470$84.81$3.15
May 20263,6943,61114,18714,1870$102.13$2.94
Apr 20262,9622,94011,81811,8180$100.32$2.77
Mar 20263,4553,46511,62111,6210$91.38$3.04
Feb 20263,5573,5979,6529,6520$64.51$3.62
Jan 20263,7733,70511,94411,9440$60.04$7.72
Dec 20253,0192,93711,95411,9540$57.97$4.26
Nov 20251,7791,83010,15210,1520$60.06$3.79
Oct 20253,3643,3488,9698,9690$60.89$3.19
Sep 20253,1253,1268,7008,7000$63.96$2.97
Aug 20253,3743,4888,2588,2580$64.86$2.91
Jul 20253,3233,2376,0436,0430$68.39$3.20
Jun 20252,3432,3224,1114,1110$68.17$3.02
May 20251,7491,6912,7852,7850$62.17$3.12
Apr 20251,0201,1083653650$63.54$3.42
Mar 20251,0101,1111,1671,1670$68.24$4.12
Feb 20251,5471,4684,1394,1390$71.53$4.19
Jan 20251,3801,2782,3652,3650$75.74$4.13
Dec 20241,3871,4601,8531,8530$70.12$3.01
Nov 20242,6282,6349,0089,0080$69.95$2.12
Oct 20242,5682,54511,86711,8670$71.99$2.20
Sep 20242,3522,3299,5999,5990$70.24$2.28
Aug 20242,1832,1096,4966,4960$76.68$1.99
Jul 20241,5121,4768,9198,9190$81.80$2.07
Jun 20243444098,3368,3360$79.77$2.54
May 20241,4071,3975,8075,8070$80.02$2.12
Apr 20242,2192,3918,1377,725412$85.35$1.60
Mar 20243,7563,77213,30612,521785$81.28$1.49
Feb 20243,6073,66013,91212,6501,262$77.25$1.72
Jan 20243,8144,38317,26315,5651,698$74.15$3.18
Dec 20234,4984,07314,73814,7380$71.90$2.52
Nov 20237,8157,74211,88811,8880$77.69$2.71
Oct 20238,4218,3135,0585,0580$85.64$2.98
Sep 20238,1088,07411,57811,5780$89.43$2.64
Aug 20236,4796,5835,7605,7600$81.39$2.58

No report filed 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

OperatorHighpeak Energy Holdings, LLCFieldSpraberry (Trend Area)CountyHoward County

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