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Texas oil lease

Producing

T-BONE B

T-Bone B is an oil lease in Martin County, Texas, operated by Hibernia Resources IV, LLC in the Spraberry (Trend Area) field.

1 well

9,391bbl oil, last 12 months−44% vs prior year
Operator
Hibernia Resources IV, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59654

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
24,537 mcf
Oil in Jul 2026
1,039 bbl

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for T-BONE B, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 9,391 bbl in the 12 months through Jul 2026, against 16,647 bbl in the 12 months before.Last 12 months: 9,391 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for T-BONE B, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 9,391 bbl in the 12 months through Jul 2026, against 16,647 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 55.4% of the gas in Dec 2023.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of T-BONE B gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 55.4% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 55.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of T-BONE B gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 55.4% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 55.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeLegacy Reserves Operating LP, Nov 2022 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262023202420252026Changed May 2024Legacy Reserves Operating LPNov 2022 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Nov 2022 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262023202420252026Changed May 2024Legacy Reserves Operating LPNov 2022 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on T-BONE B
API numberWell no.Status
42-317-441921AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers100May 20, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100May 20, 2022Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100May 20, 2022Aug 1, 2024

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

Who buys my oilOil price check

480 acres on the newest permit

An allocation well is on this lease

Permits for T-Bone B
API numberWell no.Acreson the permit
42-317-441921AH480

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

Unit decimal checker

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36 months, newest first

Ledger for T-BONE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hibernia Resources1,0391,0401,9481,9480$80.46$2.89
Jun 2026Hibernia Resources3713726076070$84.81$3.15
May 2026Hibernia Resources55551361360$102.13$2.94
Apr 2026Hibernia Resources7317321,5331,5330$100.32$2.77
Mar 2026Hibernia Resources8198182,1332,1330$91.38$3.04
Feb 2026Hibernia Resources7897911,7891,7890$64.51$3.62
Jan 2026Hibernia Resources8368352,3492,3490$60.04$7.72
Dec 2025Hibernia Resources8808822,4582,4580$57.97$4.26
Nov 2025Hibernia Resources8828822,3992,3990$60.06$3.79
Oct 2025Hibernia Resources9609592,9222,9220$60.89$3.19
Sep 2025Hibernia Resources9959913,0603,0600$63.96$2.97
Aug 2025Hibernia Resources1,0341,0373,2033,2030$64.86$2.91
Jul 2025Hibernia Resources1,0911,0893,3893,3890$68.39$3.20
Jun 2025Hibernia Resources1,1421,1413,7753,7750$68.17$3.02
May 2025Hibernia Resources1,2101,2133,9243,9240$62.17$3.12
Apr 2025Hibernia Resources1,2691,2673,1403,1400$63.54$3.42
Mar 2025Hibernia Resources1,4631,4692,9322,9320$68.24$4.12
Feb 2025Hibernia Resources1,0721,0742,3862,3860$71.53$4.19
Jan 2025Hibernia Resources1,5411,5363,7713,7710$75.74$4.13
Dec 2024Hibernia Resources1,6811,6863,2003,2000$70.12$3.01
Nov 2024Hibernia Resources1,6461,6553,5173,5170$69.95$2.12
Oct 2024Hibernia Resources1,8891,8803,0173,0170$71.99$2.20
Sep 2024Hibernia Resources1,8311,8292,8812,8810$70.24$2.28
Aug 2024Hibernia Resources8128152,1772,1770$76.68$1.99
Jul 2024Hibernia Resources1,7501,7453,4933,4930$81.80$2.07
Jun 2024Hibernia Resources1,8241,8283,5243,5240$79.77$2.54
May 2024Hibernia Resources1,9931,9932,1122,1120$80.02$2.12
Apr 2024Legacy Reserves2,0052,0093,2222,993229$85.35$1.60
Mar 2024Legacy Reserves2,4252,4383,8903,8864$81.28$1.49
Feb 2024Legacy Reserves2,5982,6343,8003,449351$77.25$1.72
Jan 2024Legacy Reserves3,6863,6865,4175,36849$74.15$3.18
Dec 2023Legacy Reserves4,4494,4356,2672,7923,475$71.90$2.52
Nov 2023Legacy Reserves3,1823,1974,1562,3731,783$77.69$2.71
Oct 2023Legacy Reserves3,8703,8714,6313,1851,446$85.64$2.98
Sep 2023Legacy Reserves5,2465,2676,8623,1153,747$89.43$2.64
Aug 2023Legacy Reserves6,9706,9118,3065,2623,044$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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This lease belongs to

OperatorHibernia Resources IV, LLCFieldSpraberry (Trend Area)CountyMartin County

Hibernia Resources IV, LLC in Martin County

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Spraberry (Trend Area) field

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