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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 Block 31 (Grayburg) field.

Oil lease dossier

357bbl oil, last 12 months−70% vs prior year
Operator
Scout Energy Management LLC
County
Crane County
Field
Block 31 (Grayburg)
RRC lease
08-61721

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
6,716 mcf
Oil in Jul 2026
25 bbl

Production by month

Oil output fell 70% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for STATE -LB-, Jul 2024 to Jul 2026. Oil output fell 70% over the last 12 months. 357 bbl in the 12 months through Jul 2026, against 1,189 bbl in the 12 months before.Last 12 months: 357 bblbbl per monthmcf per month00502501005001507502001,000Jul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for STATE -LB-, Jul 2024 to Jul 2026. Oil output fell 70% over the last 12 months. 357 bbl in the 12 months through Jul 2026, against 1,189 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jul 24Jan 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 71.4% of the gas in Jul 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, Jul 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 71.4% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 71.4%Jul 24OctJan 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, Jul 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 71.4% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 71.4%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 6,671 mcf

  • Flared (4)

    0.7% · 45 mcf

0.7% of the gas flared in the last 12 months. 9 months above 3%.

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 LLCOilGathers50Jun 1, 2025–
Trafigura Trading LLCOilGathers50Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Jul 22, 2024–
Targa Midstream Services LLCCasinghead gasBuys100Jul 22, 2024Jun 1, 2025
Trafigura Trading LLCOilGathers100Jul 22, 2024Jun 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for State -LB-
API numberWell no.Acreson the permit
42-103-333647320

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

Unit decimal checker

Estimate your royalty

25 months, newest first

Ledger for STATE -LB-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202625264734730$80.46$2.89
Jun 2026252635733324$84.81$3.15
May 202626594884880$102.13$2.94
Apr 202620059757621$100.32$2.77
Mar 202632305955950$91.38$3.04
Feb 202635544954950$64.51$3.62
Jan 20262805315310$60.04$7.72
Dec 202517318078070$57.97$4.26
Nov 202534685935930$60.06$3.79
Oct 20254005965960$60.89$3.19
Sep 202534345685680$63.96$2.97
Aug 202541386166160$64.86$2.91
Jul 202552406586580$68.39$3.20
Jun 2025511246556550$68.17$3.02
May 202557456816810$62.17$3.12
Apr 202559081275854$63.54$3.42
Mar 2025621918018010$68.24$4.12
Feb 20258406896890$71.53$4.19
Jan 202511114075570352$75.74$4.13
Dec 202416817383981128$70.12$3.01
Nov 20245418252851216$69.95$2.12
Oct 202416701721720$71.99$2.20
Sep 202416517425020545$70.24$2.28
Aug 2024159108290101189$76.68$1.99
Jul 2024339725$81.80$2.07

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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Nearby

This lease belongs to

OperatorScout Energy Management LLCFieldBlock 31 (Grayburg)CountyCrane County

Scout Energy Management LLC in Crane County

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Block 31 (Grayburg) field

No other producing leases in this field are in our data yet.

New drilling permits in Crane County

Newest in the county: this lease has no coordinates.