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Texas oil lease

Producing

STATE BIG TEX SOUTH 7673-8B

State Big Tex South 7673-8B is an oil lease in Pecos County, Texas, operated by Swordfish Energy Operating, LLC in the Phantom (Wolfcamp) field.

Oil lease dossier

36,266bbl oil, last 12 months−10% vs prior year
RRC lease
08-57472

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
28,458 mcf
Oil in Jul 2026
3,030 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Swordfish Energy Operating, LLC took over from Pecos River Exploration, LLC in Jul 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Nov 26, 2025 (last P-5 filed Dec 13, 2024).

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

See why checks stop on this lease

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for STATE BIG TEX SOUTH 7673-8B, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 36,266 bbl in the 12 months through Jul 2026, against 40,373 bbl in the 12 months before.Last 12 months: 36,266 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for STATE BIG TEX SOUTH 7673-8B, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 36,266 bbl in the 12 months through Jul 2026, against 40,373 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

Flaring peaked at 23.5% of the gas in Oct 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of STATE BIG TEX SOUTH 7673-8B gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 23.5% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 23.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of STATE BIG TEX SOUTH 7673-8B gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 23.5% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 23.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 26,204 mcf

  • Flared (4)

    6.5% · 1,854 mcf

  • Lease fuel (1)

    1.4% · 400 mcf

6.5% of the gas flared in the last 12 months. 10 months above 3%.

Who has run this lease

The operator changed once, most recently in Jul 2025

Operators of this lease over timePecos River Exploration, LLC, May 2022 to Jun 2025; Swordfish Energy Operating, LLC, Jul 2025 to Jul 20262023202420252026Changed Jul 2025Pecos River Exploration, LLCMay 2022 to Jun 2025Swordfish Energy Operating, L…Jul 2025 to now
Operators of this lease over timePecos River Exploration, LLC, May 2022 to Jun 2025; Swordfish Energy Operating, LLC, Jul 2025 to Jul 20262023202420252026Changed Jul 2025Pecos River Exploration, LLCMay 2022 to Jun 2025Swordfish Energy Operating, LLCJul 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Oct 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100May 1, 2022–
Brazos Midstream Operating, LLCCasinghead gasGathers100May 1, 2022–
Oasis Transp & Marketing Corp.OilGathers25Aug 15, 2023Oct 1, 2023
Transoil Marketing, LLCOilGathers75Aug 15, 2023Oct 1, 2023
Oryx Delaware Oil Transport LLCOilGathers50May 1, 2022Aug 15, 2023
Trafigura Trading LLCOilGathers50May 1, 2022Aug 15, 2023

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

1,280.96 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 State Big Tex South 7673-8B
API numberWell no.Acreson the permit
42-371-4001481H1,280.96

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

Estimate your royalty

36 months, newest first

Ledger for STATE BIG TEX SOUTH 7673-8B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Swordfish Energy3,0303,1002,4352,197238$80.46$2.89
Jun 2026Swordfish Energy3,7623,8013,0272,730297$84.81$3.15
May 2026Swordfish Energy3,3843,2082,4572,44116$102.13$2.94
Apr 2026Swordfish Energy3,3373,5102,5612,5610$100.32$2.77
Mar 2026Swordfish Energy4,2514,2292,6622,65012$91.38$3.04
Feb 2026Swordfish Energy1,9502,0401,1531,1485$64.51$3.62
Jan 2026Swordfish Energy2,6892,5132,2872,22111$60.04$7.72
Dec 2025Swordfish Energy3,0943,0902,4512,4050$57.97$4.26
Nov 2025Swordfish Energy2,5532,5052,3212,29229$60.06$3.79
Oct 2025Swordfish Energy2,2602,3602,1021,538495$60.89$3.19
Sep 2025Swordfish Energy3,1983,1212,6892,033522$63.96$2.97
Aug 2025Swordfish Energy2,7582,6892,3131,988229$64.86$2.91
Jul 2025Swordfish Energy3,0563,0862,8262,8260$68.39$3.20
Jun 2025Pecos River3,1453,1772,7112,7083$68.17$3.02
May 2025Pecos River3,2283,2322,7602,7600$62.17$3.12
Apr 2025Pecos River2,7092,7922,8152,8114$63.54$3.42
Mar 2025Pecos River3,0272,9442,9122,9083$68.24$4.12
Feb 2025Pecos River2,8462,9402,3942,3940$71.53$4.19
Jan 2025Pecos River3,4833,3652,4502,43812$75.74$4.13
Dec 2024Pecos River3,5913,6052,5212,5138$70.12$3.01
Nov 2024Pecos River3,6643,7142,4212,40912$69.95$2.12
Oct 2024Pecos River3,8303,8492,8132,8130$71.99$2.20
Sep 2024Pecos River3,7993,8133,2033,12578$70.24$2.28
Aug 2024Pecos River3,9953,9283,1323,11616$76.68$1.99
Jul 2024Pecos River4,0314,0443,3553,3550$81.80$2.07
Jun 2024Pecos River3,8323,8712,9012,703198$79.77$2.54
May 2024Pecos River4,0404,0663,0992,930169$80.02$2.12
Apr 2024Pecos River3,6663,7522,7282,71315$85.35$1.60
Mar 2024Pecos River3,4433,2962,4932,4900$81.28$1.49
Feb 2024Pecos River2,8822,8562,1172,08136$77.25$1.72
Jan 2024Pecos River3,2433,2642,5732,53142$74.15$3.18
Dec 2023Pecos River3,7683,7413,1663,1630$71.90$2.52
Nov 2023Pecos River3,2853,3983,0343,0330$77.69$2.71
Oct 2023Pecos River3,5173,4252,8092,638171$85.64$2.98
Sep 2023Pecos River3,6023,5982,6532,454199$89.43$2.64
Aug 2023Pecos River3,7563,6972,9262,799127$81.39$2.58

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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