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Texas oil lease

Producing

TRUST BUSTER

Trust Buster is an oil lease in Reeves County, Texas, operated by Mewbourne Oil Company in the Hoefs T-K (Wolfcamp) field.

Oil lease dossier

4,241bbl oil, last 12 months−27% vs prior year
RRC lease
08-57236

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
43,474 mcf
Oil in Jul 2026
425 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Mewbourne Oil Company took over from Fed Operating LLC in Dec 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Jan 15, 2026.

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 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TRUST BUSTER, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 4,241 bbl in the 12 months through Jul 2026, against 5,782 bbl in the 12 months before.Last 12 months: 4,241 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TRUST BUSTER, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 4,241 bbl in the 12 months through Jul 2026, against 5,782 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 55.6% of the gas in Oct 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TRUST BUSTER gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 55.6% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2025: fuel to lineFlared 55.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of TRUST BUSTER gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 55.6% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Mar 25: fuel to lineFlared 55.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 43,225 mcf

  • Lease fuel (1)

    0.6% · 249 mcf

Who has run this lease

The operator changed 2 times, most recently in Dec 2024

Operators of this lease over timeDiamondback E&P LLC, Feb 2022 to Oct 2023; Fed Operating LLC, Nov 2023 to Nov 2024; Mewbourne Oil Company, Dec 2024 to Jul 20262023202420252026Changed Nov 2023Changed Dec 2024Diamondback E&P LLCFeb 2022 to Oct 2023Fed Operating LLCNov 2023 to Nov 2024Mewbourne Oil CompanyDec 2024 to now
Operators of this lease over timeDiamondback E&P LLC, Feb 2022 to Oct 2023; Fed Operating LLC, Nov 2023 to Nov 2024; Mewbourne Oil Company, Dec 2024 to Jul 20262023202420252026Changed Nov 2023Changed Dec 2024Diamondback E&P LLCFeb 2022 to Oct 2023Fed Operating LLCNov 2023 to Nov 2024Mewbourne Oil CompanyDec 2024 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 LLCOilGathers100Feb 1, 2022–
Kinetik Holdings LPCasinghead gasBuys100Jan 15, 2026–
Kinetik Holdings LPCasinghead gasGathers100Jan 15, 2026–
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2022Jan 15, 2026
Energy Transfer CompanyCasinghead gasBuys100Feb 1, 2022Jan 15, 2026

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

320.11 acres on the newest permit

Permits for Trust Buster
API numberWell no.Acreson the permit
42-389-33422901H320.11

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

Estimate your royalty

36 months, newest first

Ledger for TRUST BUSTER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Mewbourne Oil4253464,7864,7550$80.46$2.89
Jun 2026Mewbourne Oil4383484,4784,4510$84.81$3.15
May 2026Mewbourne Oil2793633,1143,1020$102.13$2.94
Apr 2026Mewbourne Oil8108188130$100.32$2.77
Mar 2026Mewbourne Oil4887334,9144,8830$91.38$3.04
Feb 2026Mewbourne Oil15903,8313,8100$64.51$3.62
Jan 2026Mewbourne Oil6787224,1664,1480$60.04$7.72
Dec 2025Mewbourne Oil14501,2681,2600$57.97$4.26
Nov 2025Mewbourne Oil2143662,2142,2030$60.06$3.79
Oct 2025Mewbourne Oil3723673,7413,7170$60.89$3.19
Sep 2025Mewbourne Oil4543625,0284,9980$63.96$2.97
Aug 2025Mewbourne Oil5087055,1165,0850$64.86$2.91
Jul 2025Mewbourne Oil4663533,8433,8120$68.39$3.20
Jun 2025Mewbourne Oil4545345,1525,1220$68.17$3.02
May 2025Mewbourne Oil4993445,7825,7510$62.17$3.12
Apr 2025Mewbourne Oil4393584,9314,9010$63.54$3.42
Mar 2025Mewbourne Oil3073533,2753,2570$68.24$4.12
Feb 2025Mewbourne Oil4826892800$71.53$4.19
Jan 2025Mewbourne Oil5173123100$75.74$4.13
Dec 2024Mewbourne Oil5116155,4375,4070$70.12$3.01
Nov 2024Fed Operating5355414,7874,7870$69.95$2.12
Oct 2024Fed Operating7325404,6104,6100$71.99$2.20
Sep 2024Fed Operating3443525,2495,2490$70.24$2.28
Aug 2024Fed Operating4965284,9214,9210$76.68$1.99
Jul 2024Fed Operating5457134,3834,3830$81.80$2.07
Jun 2024Fed Operating3163383,0493,0490$79.77$2.54
May 2024Fed Operating5303744,3834,3830$80.02$2.12
Apr 2024Fed Operating6257016,3006,3000$85.35$1.60
Mar 2024Fed Operating3873513,7863,7860$81.28$1.49
Feb 2024Fed Operating5445365,2235,2230$77.25$1.72
Jan 2024Fed Operating5977345,2755,2750$74.15$3.18
Dec 2023Fed Operating6425496,2546,2540$71.90$2.52
Nov 2023Fed Operating6835475,7385,7380$77.69$2.71
Oct 2023Diamondback E&P6066256,7382,9913,747$85.64$2.98
Sep 2023Diamondback E&P5965246,0964,8591,237$89.43$2.64
Aug 2023Diamondback E&P5495835,9263,9351,991$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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Mewbourne Oil Company in Reeves County

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