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Texas oil lease

Producing

RAMBO 38-47 B

Rambo 38-47 B is an oil lease in Howard County, Texas, operated by SM Energy Company in the Spraberry (Trend Area) field.

1 well

13,906bbl oil, last 12 months−11% vs prior year
Operator
SM Energy Company
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-48564

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
85,119 mcf
Oil in Jun 2026
1,048 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC, ENERGY TRANSFER COMPANY replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output fell 11% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for RAMBO 38-47 B, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 13,352 bbl in the 12 months through Jul 2026, against 14,929 bbl in the 12 months before.Last 12 months: 13,352 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for RAMBO 38-47 B, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 13,352 bbl in the 12 months through Jul 2026, against 14,929 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kJan 24JulJan 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 34.0% of the gas in Aug 2023.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of RAMBO 38-47 B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 34.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 34.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of RAMBO 38-47 B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 34.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 34.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 83,763 mcf

  • Flared (4)

    1.6% · 1,356 mcf

1.6% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on RAMBO 38-47 B
API numberWell no.Status
42-227-388139WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bp Products North America Inc.OilGathers50Aug 1, 2024–
Medallion Operating Company, LLCOilGathers50Aug 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys50Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 8, 2016Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 8, 2016Aug 1, 2024
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Aug 1, 2024
Lpc Crude Oil Marketing LLCOilGathers50Sep 1, 2017Aug 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Sep 1, 2017Dec 1, 2022

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

Who buys my oilOil price check

1,067.71 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 Rambo 38-47 B
API numberWell no.Acreson the permit
42-227-388139WA1,067.71

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

Unit decimal checker

What SM Energy Company told investors it received

SM Energy Company is linked to SM Energy Company (SM).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q4 2025$58.17SEC filing
Q3 2025–SEC filing
Q2 2025$62.04SEC filing
Q1 2025$70.56SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for RAMBO 38-47 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 20261,0481,0996,8286,499329$84.81$3.15
May 20261,0921,0798,2648,2586$102.13$2.94
Apr 20261,2161,2278,5577,688869$100.32$2.77
Mar 20261,3481,3068,5558,407148$91.38$3.04
Feb 20261,0161,1206,7446,7404$64.51$3.62
Jan 20261,3511,3578,4528,4520$60.04$7.72
Dec 20251,2851,2629,0709,0700$57.97$4.26
Nov 20251,1431,1647,1247,1240$60.06$3.79
Oct 20251,2921,2126,6296,6290$60.89$3.19
Sep 20251,3421,3336,5276,5270$63.96$2.97
Aug 20251,2191,1146,4886,4880$64.86$2.91
Jul 20255544731,8811,8810$68.39$3.20
Jun 2025502503463460$68.17$3.02
May 20251,2971,2749,5819,5810$62.17$3.12
Apr 20251,3871,5299,7659,7650$63.54$3.42
Mar 20251,7641,6418,4728,4720$68.24$4.12
Feb 20251,5491,6668,2498,2490$71.53$4.19
Jan 20252,0411,9249,3539,3530$75.74$4.13
Dec 20247849633,2583,2544$70.12$3.01
Nov 20241,9761,7947,1967,1960$69.95$2.12
Oct 20245385411,8721,8666$71.99$2.20
Sep 20241,8871,9158,5388,5380$70.24$2.28
Aug 20241,1021,3776,1836,1830$76.68$1.99
Jul 20241,2029637,2237,2230$81.80$2.07
Jun 20241,3371,2218,2997,943356$79.77$2.54
May 20241,3851,4918,2488,2480$80.02$2.12
Apr 20241,2201,2277,3867,35729$85.35$1.60
Mar 20241,4321,3637,8067,79412$81.28$1.49
Feb 20241,4851,4856,8036,562241$77.25$1.72
Jan 20241,6281,7276,8005,2051,595$74.15$3.18
Dec 20231,7071,6387,1117,1110$71.90$2.52
Nov 20231,6041,5226,6116,57338$77.69$2.71
Oct 20239851,0214,0953,942153$85.64$2.98
Sep 20231,5481,5316,6966,68610$89.43$2.64
Aug 20231,7731,7735,8353,8531,982$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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Nearby

This lease belongs to

OperatorSM Energy CompanyFieldSpraberry (Trend Area)CountyHoward County

SM Energy Company in Howard County

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Spraberry (Trend Area) field

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