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Texas oil lease

Producing

STATE -LB-

State -LB- is an oil lease in Crane County, Texas, operated by Scout Energy Management LLC in the Dune field.

8 wells

1,254bbl oil, last 12 months−14% vs prior year
Field
Dune
RRC lease
08-35373

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
7,835 mcf
Oil in Jul 2026
114 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE -LB-, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,254 bbl in the 12 months through Jul 2026, against 1,456 bbl in the 12 months before.Last 12 months: 1,254 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for STATE -LB-, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,254 bbl in the 12 months through Jul 2026, against 1,456 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 88.4% of the gas in Jun 2024.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of STATE -LB- gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 88.4% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 88.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of STATE -LB- gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 88.4% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 88.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 7,782 mcf

  • Flared (4)

    0.7% · 53 mcf

0.7% of the gas flared in the last 12 months. 14 months above 3%.

8 wells on this lease

Wells on STATE -LB-
API numberWell no.Status
42-103-3449010Active
42-103-3504911Active
42-103-3506212Active
42-103-3511414Active
42-103-3512217Shut-in
42-103-3512416Active
42-103-3512518Shut-in
42-103-3512615Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2015–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Hollyfrontier Ref & Mktg LLCOilGathers100Oct 1, 2015Jun 1, 2025

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

320 acres on the newest permit

8 wells are listed on this lease

Permits for State -LB-
API numberWell no.Acreson the permit
42-103-3512615320
42-103-3512416320
42-103-3512518320
42-103-3512217320
42-103-3511414320
42-103-3506212320
42-103-3504911320
42-103-3449010320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for STATE -LB-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261141136536530$80.46$2.89
Jun 202611110944141130$84.81$3.15
May 20261131925445440$102.13$2.94
Apr 202658064462123$100.32$2.77
Mar 2026961036526520$91.38$3.04
Feb 20261272186466460$64.51$3.62
Jan 202612406726720$60.04$7.72
Dec 2025761009309300$57.97$4.26
Nov 20251001986376370$60.06$3.79
Oct 202512206656650$60.89$3.19
Sep 2025102926586580$63.96$2.97
Aug 2025111926936930$64.86$2.91
Jul 2025118917427420$68.39$3.20
Jun 20251142787157150$68.17$3.02
May 2025136937007000$62.17$3.12
Apr 2025140072667848$63.54$3.42
Mar 2025982457617610$68.24$4.12
Feb 202510506996990$71.53$4.19
Jan 202512714776070852$75.74$4.13
Dec 202413816382880028$70.12$3.01
Nov 20247915265162328$69.95$2.12
Oct 202414303203200$71.99$2.20
Sep 202410715051742493$70.24$2.28
Aug 2024151204893311582$76.68$1.99
Jul 2024162118971198773$81.80$2.07
Jun 20241491491,027119908$79.77$2.54
May 2024911261,0481,0480$80.02$2.12
Apr 20241541271,0161,0160$85.35$1.60
Mar 202414413894793116$81.28$1.49
Feb 202413614598690581$77.25$1.72
Jan 20241541379389380$74.15$3.18
Dec 20231601361,0581,0580$71.90$2.52
Nov 20231562861,0211,0210$77.69$2.71
Oct 20231050928767161$85.64$2.98
Sep 2023156144953710243$89.43$2.64
Aug 2023158145988884104$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Scout Energy Management LLC in Crane County

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