Extrxct
Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / FORMULA ONE 9-16-21

FORMULA ONE 9-16-21

RRC oil lease 56310, district 10 · SPRABERRY (TREND AREA) field · Howard County · operated by BAYSWATER OPERATING COMPANY LLC

FORMULA ONE 9-16-21 at a glance

Gas output in Mar 2026–May 2026 was up 117% from the same three months a year earlier. Over the last 12 months it reported 135,398 BBL of oil and 857,039 MCF of gas. In May 2026, the latest month not marked provisional, it reported 12,514 BBL and 91,853 MCF.

135.4KBBL oil, last 12 months▲ 2% vs prior 12
857KMCF gas, last 12 months▲ 31% vs prior 12
$1,488.70est. gross royalty for May 2026 at decimal
4new permits in Howard County this month

Royalty = (12,514 BBL × $97.31 WTI, Sep 2026, EIA + 91,853 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20K30K40KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

025K50K75K100KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

FORMULA ONE 9-16-21 production history in brief

By oil-equivalent volume over the last 12 months, FORMULA ONE 9-16-21 ranks #98 of 3,066 reporting leases in Howard County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak gas month in that window was Mar 2026 at 92,190 MCF. The lease is in the SPRABERRY (TREND AREA) field and is operated by BAYSWATER OPERATING COMPANY LLC; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Howard County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-09SURGE OPERATING, LLCTUBB 3919,900
2026-10-09SURGE OPERATING, LLCTUBB 39310,170
2026-10-01SURGE OPERATING, LLCMIYAGI D 38-351AH9,000
2026-10-01SURGE OPERATING, LLCMIYAGI E 38-352AH9,000

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)8,64461,533
Jun 2026 (provisional)11,31887,396
May 202612,51491,853
Apr 202612,39891,760
Mar 202614,26392,190
Feb 202611,21967,025
Jan 20267,54252,067
Dec 20259,30858,644
Nov 20257,14540,956
Oct 202511,25468,726
Sep 202516,22780,647
Aug 202513,56664,242
Jul 202511,17651,839
Jun 202512,33157,325
May 202513,89064,081
Apr 202510,59838,528
Mar 20255,57024,374
Feb 20256,14541,237
Jan 20259,44259,619
Dec 202411,97467,172
Nov 202412,37861,893
Oct 202412,53657,795
Sep 202411,96358,342
Aug 202414,73772,975
Jul 202414,11167,973
Jun 202413,20761,057
May 202414,56957,734
Apr 202413,85556,003
Mar 202415,65869,554
Feb 202418,09869,208
Jan 202420,40976,037
Dec 202321,84378,080
Nov 202323,35678,958
Oct 202325,49488,938
Sep 202326,66085,767
Aug 202331,58688,734

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 56310). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.