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Texas oil lease

Producing

STATE-JUDGE 48-3 WN X

State-Judge 48-3 WN X is an oil lease in Loving County, Texas, operated by Circle-S Energy, LLC in the Phantom (Wolfcamp) field.

1 well

50,328bbl oil, last 12 months+89% vs prior year
Operator
Circle-S Energy, LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-54208

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
172,610 mcf
Oil in Jul 2026
3,340 bbl

Production by month

Oil output rose 89% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 89% over the last 12 monthsMonthly oil production and gas for STATE-JUDGE 48-3 WN X, Aug 2023 to Jul 2026. Oil output rose 89% over the last 12 months. 50,328 bbl in the 12 months through Jul 2026, against 26,659 bbl in the 12 months before.Last 12 months: 50,328 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 89% over the last 12 monthsMonthly oil production and gas for STATE-JUDGE 48-3 WN X, Aug 2023 to Jul 2026. Oil output rose 89% over the last 12 months. 50,328 bbl in the 12 months through Jul 2026, against 26,659 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

79% of the gas went to a processing plant in the last 12 months

Flaring peaked at 10.5% of the gas in Mar 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
79% of the gas went to a processing plant in the last 12 monthsShare of STATE-JUDGE 48-3 WN X gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.5% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
79% of the gas went to a processing plant in the last 12 monthsShare of STATE-JUDGE 48-3 WN X gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.5% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 10.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    79% · 136,658 mcf

  • Lease fuel (1)

    14% · 24,995 mcf

  • Flared (4)

    6.3% · 10,957 mcf

6.3% of the gas flared in the last 12 months. 33 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeHeadington Energy Partners, LLC, Jan 2020 to Dec 2022; Circle-S Energy, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Headington Energy Partners, L…Jan 2020 to Dec 2022Circle-S Energy, LLCJan 2023 to now
Operators of this lease over timeHeadington Energy Partners, LLC, Jan 2020 to Dec 2022; Circle-S Energy, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Headington Energy Partners, LLCJan 2020 to Dec 2022Circle-S Energy, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE-JUDGE 48-3 WN X
API numberWell no.Status
42-301-3472410HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers100Jan 25, 2020–
Enlink Permian, LLCCasinghead gasGathers100Jan 25, 2020Jan 1, 2023
Delaware G&p LLCCasinghead gasBuys100Jan 25, 2020Jan 1, 2023

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

Who buys my oilOil price check

1,308.62 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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-Judge 48-3 WN X
API numberWell no.Acreson the permit
42-301-3472410H1,308.62

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE-JUDGE 48-3 WN X
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Circle-S Energy,3,3403,34613,82311,482533$80.46$2.89
Jun 2026Circle-S Energy,3,0983,11715,50312,1211,475$84.81$3.15
May 2026Circle-S Energy,4,2924,28418,52714,843778$102.13$2.94
Apr 2026Circle-S Energy,5,2525,26916,86512,715929$100.32$2.77
Mar 2026Circle-S Energy,5,8425,94418,09013,2441,906$91.38$3.04
Feb 2026Circle-S Energy,4,6294,68711,9539,470816$64.51$3.62
Jan 2026Circle-S Energy,5,7805,69214,88511,720894$60.04$7.72
Dec 2025Circle-S Energy,4,7474,73115,73912,468853$57.97$4.26
Nov 2025Circle-S Energy,3,4733,53413,17911,005593$60.06$3.79
Oct 2025Circle-S Energy,5,8205,67017,21913,9031,239$60.89$3.19
Sep 2025Circle-S Energy,1,2771,2094,5213,543407$63.96$2.97
Aug 2025Circle-S Energy,2,7782,78912,30610,144534$64.86$2.91
Jul 2025Circle-S Energy,2,3842,38110,1558,434395$68.39$3.20
Jun 2025Circle-S Energy,1,8501,8419,1047,239555$68.17$3.02
May 2025Circle-S Energy,1,7031,6728,3876,752575$62.17$3.12
Apr 2025Circle-S Energy,1,4041,4138,0996,595590$63.54$3.42
Mar 2025Circle-S Energy,1,4151,4535,4284,575316$68.24$4.12
Feb 2025Circle-S Energy,66862268763043$71.53$4.19
Jan 2025Circle-S Energy,1151705,0014,459273$75.74$4.13
Dec 2024Circle-S Energy,1,9532,0805,9784,720317$70.12$3.01
Nov 2024Circle-S Energy,3,1543,2388,7626,988432$69.95$2.12
Oct 2024Circle-S Energy,3,9964,04516,19713,431385$71.99$2.20
Sep 2024Circle-S Energy,4,6584,66314,95412,398386$70.24$2.28
Aug 2024Circle-S Energy,3,3593,34912,61810,172885$76.68$1.99
Jul 2024Circle-S Energy,5,0934,98020,69416,9931,381$81.80$2.07
Jun 2024Circle-S Energy,4,8064,70922,40916,7622,041$79.77$2.54
May 2024Circle-S Energy,5,8135,85418,68012,8431,715$80.02$2.12
Apr 2024Circle-S Energy,4,6944,78916,46912,807928$85.35$1.60
Mar 2024Circle-S Energy,4,6824,66314,93512,567423$81.28$1.49
Feb 2024Circle-S Energy,5,6585,66024,24220,166953$77.25$1.72
Jan 2024Circle-S Energy,8,0768,06325,85121,2181,583$74.15$3.18
Dec 2023Circle-S Energy,7,0137,00620,33719,017638$71.90$2.52
Nov 2023Circle-S Energy,5,0445,06016,28813,3511,415$77.69$2.71
Oct 2023Circle-S Energy,6,3986,40220,65216,8691,303$85.64$2.98
Sep 2023Circle-S Energy,6,4146,38420,03115,9611,199$89.43$2.64
Aug 2023Circle-S Energy,5,6955,70715,73812,761646$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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Nearby

This lease belongs to

OperatorCircle-S Energy, LLCFieldPhantom (Wolfcamp)CountyLoving County

Circle-S Energy, LLC in Loving County

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Phantom (Wolfcamp) field

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