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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 51538

Producing

MISCHIEVOUS BADGER UNIT 80-85

Mischievous Badger Unit 80-85 is an oil lease in Martin County, Texas, operated by High Noon Resources, LLC in the Spraberry (Trend Area) R 40 Exc field. The Railroad Commission shows 95,812 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

95,812bbl oil, last 12 months−20% vs prior year
Operator
High Noon Resources, LLC
County
Martin County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-51538

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County · RRC district 08Open Martin County →
Gas, last 12 months
151,701 mcf
Oil in Jul 2026
5,764 bbl
Reporting to the state
since Jan 2020
Wells
4

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 20% over the last 12 months

95,812 bbl in the 12 months through Jul 2026, against 120,279 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for MISCHIEVOUS BADGER UNIT 80-85, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 95,812 bbl in the 12 months through Jul 2026, against 120,279 bbl in the 12 months before.Last 12 months: 95,812 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for MISCHIEVOUS BADGER UNIT 80-85, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 95,812 bbl in the 12 months through Jul 2026, against 120,279 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 51538, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 39.9% of the gas in Oct 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of MISCHIEVOUS BADGER UNIT 80-85 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 39.9% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: line to plantFlared 39.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of MISCHIEVOUS BADGER UNIT 80-85 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 39.9% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Nov 24: line to plantFlared 39.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 51538, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 9.5% of the gas was flared. 19 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Mar 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeElement Petroleum Op III, LLC, Jan 2020 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed Mar 2024Element Petroleum Op III, LLCJan 2020 to Feb 2024High Noon Resources, LLCMar 2024 to now
Operators of this lease over timeElement Petroleum Op III, LLC, Jan 2020 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed Mar 2024Element Petroleum Op III, LLCJan 2020 to Feb 2024High Noon Resources, LLCMar 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 51538 in district 08. The API number is the state’s ID for a well.
Wells on MISCHIEVOUS BADGER UNIT 80-85
API numberWell no.Status
42-317-414883AHActive
42-317-419761AHActive
42-317-447141LSActive
42-317-447153LSActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 51538.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MISCHIEVOUS BADGER UNIT 80-85 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MISCHIEVOUS BADGER UNIT 80-85
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026High Noon5,7645,8269,9939,225768$80.46$2.89
Jun 2026High Noon7,5607,43512,95312,185768$84.81$3.15
May 2026High Noon7,4327,96913,52710,0123,515$102.13$2.94
Apr 2026High Noon7,8207,39212,99912,737262$100.32$2.77
Mar 2026High Noon8,0048,03413,83713,421416$91.38$3.04
Feb 2026High Noon7,3307,52511,62110,819802$64.51$3.62
Jan 2026High Noon7,9937,69812,3409,3323,008$60.04$7.72
Dec 2025High Noon8,2688,45812,30511,379926$57.97$4.26
Nov 2025High Noon8,3368,26512,16512,023142$60.06$3.79
Oct 2025High Noon9,0179,18013,44512,957488$60.89$3.19
Sep 2025High Noon8,8168,68913,22310,5572,666$63.96$2.97
Aug 2025High Noon9,4729,50513,29312,626667$64.86$2.91
Jul 2025High Noon9,6689,86411,69111,449242$68.39$3.20
Jun 2025High Noon9,1618,85312,25111,0441,207$68.17$3.02
May 2025High Noon7,5507,62511,2629,7951,467$62.17$3.12
Apr 2025High Noon9,27411,34213,83210,1153,717$63.54$3.42
Mar 2025High Noon10,5169,67416,78112,5734,208$68.24$4.12
Feb 2025High Noon9,62410,37914,44512,6271,818$71.53$4.19
Jan 2025High Noon11,50910,64415,85811,7864,072$75.74$4.13
Dec 2024High Noon10,14211,04813,31611,2882,028$70.12$3.01
Nov 2024High Noon11,91311,37014,89411,5473,347$69.95$2.12
Oct 2024High Noon11,37311,90615,3889,2526,136$71.99$2.20
Sep 2024High Noon10,1769,2499,0119,0110$70.24$2.28
Aug 2024High Noon9,3739,89310,84510,8450$76.68$1.99
Jul 2024High Noon9,9139,82112,07812,0780$81.80$2.07
Jun 2024High Noon10,80310,5739,9919,9910$79.77$2.54
May 2024High Noon6,5756,7755,4005,4000$80.02$2.12
Apr 2024High Noon7,4838,5674,3334,3330$85.35$1.60
Mar 2024High Noon9,82410,1105,4545,4540$81.28$1.49
Feb 2024Element Petroleum7,4767,3954,1844,1840$77.25$1.72
Jan 2024Element Petroleum13,31412,7012,0192,0190$74.15$3.18
Dec 2023Element Petroleum11,65611,3192,6012,5450$71.90$2.52
Nov 2023Element Petroleum10,64910,5421,8851,8850$77.69$2.71
Oct 2023Element Petroleum11,08613,6293,3343,2360$85.64$2.98
Sep 2023Element Petroleum13,14113,1465,5125,4200$89.43$2.64
Aug 2023Element Petroleum14,33313,5723,9283,9280$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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This lease belongs to

OperatorHigh Noon Resources, LLCFieldSpraberry (Trend Area) R 40 ExcCountyMartin County

High Noon Resources, LLC in Martin County

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Spraberry (Trend Area) R 40 Exc field

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New drilling permits in Martin County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 51538, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.