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Texas oil lease

Producing

BIG SMOKEY B

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

1 well

53,594bbl oil, last 12 months−39% vs prior year
Operator
Hibernia Resources IV, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59914

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
79,452 mcf
Oil in Jul 2026
3,819 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for BIG SMOKEY B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 53,594 bbl in the 12 months through Jul 2026, against 87,613 bbl in the 12 months before.Last 12 months: 53,594 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for BIG SMOKEY B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 53,594 bbl in the 12 months through Jul 2026, against 87,613 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20kJan 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)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of BIG SMOKEY 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 BIG SMOKEY 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, Jun 2023 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 2026202420252026Changed May 2024Legacy Reserves Operating LPJun 2023 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jun 2023 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 2026202420252026Changed May 2024Legacy Reserves Operating LPJun 2023 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 BIG SMOKEY B
API numberWell no.Status
42-317-450612DHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers100Jun 7, 2023–
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 gasGathers100Jun 7, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Jun 7, 2023Aug 1, 2024

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

Who buys my oilOil price check

640 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 Big Smokey B
API numberWell no.Acreson the permit
42-317-450612DH640

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for BIG SMOKEY B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hibernia Resources3,8193,8216,1476,1470$80.46$2.89
Jun 2026Hibernia Resources3,8613,8636,3276,3270$84.81$3.15
May 2026Hibernia Resources4,0904,0876,6146,6140$102.13$2.94
Apr 2026Hibernia Resources4,0754,0785,5995,5990$100.32$2.77
Mar 2026Hibernia Resources4,4084,4036,5746,5740$91.38$3.04
Feb 2026Hibernia Resources4,2344,2416,0936,0930$64.51$3.62
Jan 2026Hibernia Resources4,4864,4785,7675,7670$60.04$7.72
Dec 2025Hibernia Resources4,8064,8167,4897,4890$57.97$4.26
Nov 2025Hibernia Resources4,9014,8987,7067,7060$60.06$3.79
Oct 2025Hibernia Resources5,1935,1897,7087,7080$60.89$3.19
Sep 2025Hibernia Resources5,3495,3377,4197,4190$63.96$2.97
Aug 2025Hibernia Resources4,3724,3846,0096,0090$64.86$2.91
Jul 2025Hibernia Resources5,6725,6638,7028,7020$68.39$3.20
Jun 2025Hibernia Resources5,6275,6218,1478,1470$68.17$3.02
May 2025Hibernia Resources5,7685,7828,6028,6020$62.17$3.12
Apr 2025Hibernia Resources5,9845,9768,8428,8420$63.54$3.42
Mar 2025Hibernia Resources6,4116,4368,6388,6380$68.24$4.12
Feb 2025Hibernia Resources6,2126,2247,9327,9320$71.53$4.19
Jan 2025Hibernia Resources7,1067,0829,3279,3270$75.74$4.13
Dec 2024Hibernia Resources7,9938,0199,4829,4820$70.12$3.01
Nov 2024Hibernia Resources7,8727,91510,51410,5140$69.95$2.12
Oct 2024Hibernia Resources9,8349,78611,27911,2790$71.99$2.20
Sep 2024Hibernia Resources9,9289,91113,34713,3470$70.24$2.28
Aug 2024Hibernia Resources9,2069,24011,65911,6590$76.68$1.99
Jul 2024Hibernia Resources10,35410,32412,87512,8750$81.80$2.07
Jun 2024Hibernia Resources10,85110,87012,94012,9400$79.77$2.54
May 2024Hibernia Resources11,57411,5737,4457,4450$80.02$2.12
Apr 2024Legacy Reserves11,56111,58611,18010,385795$85.35$1.60
Mar 2024Legacy Reserves14,15014,21914,43114,41714$81.28$1.49
Feb 2024Legacy Reserves14,75514,87013,85812,5780$77.25$1.72
Jan 2024Legacy Reserves16,24716,24113,56813,4460$74.15$3.18
Dec 2023Legacy Reserves19,05019,14015,4496,8838,566$71.90$2.52
Nov 2023Legacy Reserves22,07922,15918,65210,6518,001$77.69$2.71
Oct 2023Legacy Reserves25,50425,40018,54712,7575,790$85.64$2.98
Sep 2023Legacy Reserves26,63826,74018,3988,35110,047$89.43$2.64
Aug 2023Legacy Reserves29,69129,49617,24110,9236,318$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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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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