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Texas gas well

Producing

HALLEY, S. M.

Halley, S. M. is a gas well in Winkler County, Texas, operated by Basin Oil & Gas Operating, LLC in the Emperor (Devonian) field.

1 well

30,718mcf gas, last 12 months−87% vs prior year
RRC lease
08-019781

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Oil, last 12 months
756 bbl
Gas in Jul 2026
5,881 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Basin Oil & Gas Operating, LLC took over from Permex Petroleum Corporation in May 2026.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Aug 22, 2025).

  • Buyer

    Buyer changed: TARGA MIDSTREAM SERVICES LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from gas wells on Jan 1, 2025.

  • Sales

    No sales reported for the last 8 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Gas output fell 87% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 87% over the last 12 monthsMonthly gas production and oil for HALLEY, S. M., Aug 2023 to Jul 2026. Gas output fell 87% over the last 12 months. 30,718 mcf in the 12 months through Jul 2026, against 233,094 mcf in the 12 months before.Last 12 months: 30,718 mcfmcf per monthbbl per month0010k20020k40030k60040k800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 87% over the last 12 monthsMonthly gas production and oil for HALLEY, S. M., Aug 2023 to Jul 2026. Gas output fell 87% over the last 12 months. 30,718 mcf in the 12 months through Jul 2026, against 233,094 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k20020k40030k60040k800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Jul 2026.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of HALLEY, S. M. gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of HALLEY, S. M. gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 280,214 mcf

  • Flared (4)

    2.1% · 5,881 mcf

2.1% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in May 2026

Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Feb 2022; Ruckus Energy Operating, LLC, Mar 2022 to Dec 2024; Permex Petroleum Corporation, Jan 2025 to Apr 2026; Basin Oil & Gas Operating, LLC, May 2026 to Jul 20262020202120222023202420252026Changed Mar 2022Changed Jan 2025Changed May 2026Chevron U. S. A. Inc.Jan 2020 to Feb 2022Ruckus Energy Operating, LLCMar 2022 to Dec 2024Permex Petroleum CorporationJan 2025 to Apr 2026Basin Oil & Gas Operating, LLCMay 2026 to now
Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Feb 2022; Ruckus Energy Operating, LLC, Mar 2022 to Dec 2024; Permex Petroleum Corporation, Jan 2025 to Apr 2026; Basin Oil & Gas Operating, LLC, May 2026 to Jul 20262020202120222023202420252026Changed Mar 2022Changed Jan 2025Changed May 2026Chevron U. S. A. Inc.Jan 2020 to Feb 2022Ruckus Energy Operating, LLCMar 2022 to Dec 2024Permex Petroleum CorporationJan 2025 to Apr 2026Basin Oil & Gas Operating, LLCMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HALLEY, S. M.
API numberWell no.Status
42-495-04752165Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.CondensateGathers100Jul 1, 2026–
Targa Midstream Services LLCGas-well gasBuys100Jan 1, 2025–
Targa Midstream Services LLCGas-well gasGathers100Jan 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers100Mar 21, 2022Jul 1, 2026
Energy Transfer CompanyGas-well gasGathers100Mar 25, 2022Jan 1, 2025
Energy Transfer CompanyGas-well gasBuys100Mar 25, 2022Jan 1, 2025
Targa Midstream Services LLCGas-well gasGathers100Mar 21, 2022Mar 25, 2022
Targa Midstream Services LLCGas-well gasBuys100Mar 21, 2022Mar 25, 2022
Eastex Crude CompanyCondensateGathers34Mar 1, 2022Mar 21, 2022

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Halley, S. M.
API numberWell no.Acreson the permit
42-495-04752165–

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

Estimate your royalty

36 months, newest first

Ledger for HALLEY, S. M.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Basin Oil7561965,88105,881$80.46$2.89
Jun 2026Basin Oil00000$84.81$3.15
May 2026Basin Oil090000$102.13$2.94
Apr 2026Permex Petroleum00000$100.32$2.77
Mar 2026Permex Petroleum00000$91.38$3.04
Feb 2026Permex Petroleum00000$64.51$3.62
Jan 2026Permex Petroleum00000$60.04$7.72
Dec 2025Permex Petroleum00000$57.97$4.26
Nov 2025Permex Petroleum0024,83724,8370$60.06$3.79
Oct 2025Permex Petroleum00000$60.89$3.19
Sep 2025Permex Petroleum00000$63.96$2.97
Aug 2025Permex Petroleum00000$64.86$2.91
Jul 2025Permex Petroleum0027,82127,8210$68.39$3.20
Jun 2025Permex Petroleum0037,23537,2350$68.17$3.02
May 2025Permex Petroleum0028,02828,0280$62.17$3.12
Apr 2025Permex Petroleum0036,97436,9740$63.54$3.42
Mar 2025Permex Petroleum0038,54338,5430$68.24$4.12
Feb 2025Permex Petroleum0034,88734,8870$71.53$4.19
Jan 2025Permex Petroleum23028,43128,4310$75.74$4.13
Dec 2024Ruckus Energy00000$70.12$3.01
Nov 2024Ruckus Energy00000$69.95$2.12
Oct 2024Ruckus Energy001,1751,1750$71.99$2.20
Sep 2024Ruckus Energy00000$70.24$2.28
Aug 2024Ruckus Energy00000$76.68$1.99
Jul 2024Ruckus Energy005,8755,8750$81.80$2.07
Jun 2024Ruckus Energy0016,40816,4080$79.77$2.54
May 2024Ruckus Energy00000$80.02$2.12
Apr 2024Ruckus Energy009,2379,2370$85.35$1.60
Mar 2024Ruckus Energy0023,26123,2610$81.28$1.49
Feb 2024Ruckus Energy008,1888,1880$77.25$1.72
Jan 2024Ruckus Energy0027,07927,0790$74.15$3.18
Dec 2023Ruckus Energy00000$71.90$2.52
Nov 2023Ruckus Energy00000$77.69$2.71
Oct 2023Ruckus Energy0033,48533,4850$85.64$2.98
Sep 2023Ruckus Energy0036,08836,0880$89.43$2.64
Aug 2023Ruckus Energy0035,85135,8510$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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