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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 54108

Producing

ARROWHEAD E 28-12-33

Arrowhead E 28-12-33 is an oil lease in Loving County, Texas, operated by OXY USA WTP LP in the Phantom (Wolfcamp) field. The Railroad Commission shows 15,317 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

15,317bbl oil, last 12 months−47% vs prior year
RRC lease
08-54108

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County · RRC district 08Open Loving County →
Gas, last 12 months
19,613 mcf
Oil in Jul 2026
2,243 bbl
Reporting to the state
since Apr 2020
Wells
1

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 47% over the last 12 months

15,317 bbl in the 12 months through Jul 2026, against 28,697 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for ARROWHEAD E 28-12-33, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 15,317 bbl in the 12 months through Jul 2026, against 28,697 bbl in the 12 months before.Last 12 months: 15,317 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for ARROWHEAD E 28-12-33, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 15,317 bbl in the 12 months through Jul 2026, against 28,697 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 54108, 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.

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 53.8% of the gas in May 2025.

  • Processing plant (3)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of ARROWHEAD E 28-12-33 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 53.8% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 53.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of ARROWHEAD E 28-12-33 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 53.8% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 53.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 54108, 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.

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, 4.0% of the gas was flared. 17 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 2 times, most recently in Dec 2022

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 timeOasis Petroleum Permian LLC, Apr 2020 to Feb 2021; Percussion Petroleum Oper Ii,llc, Mar 2021 to Nov 2022; OXY USA WTP LP, Dec 2022 to Jul 2026202120222023202420252026Changed Mar 2021Changed Dec 2022Oasis Petroleum Permian LLCApr 2020 to Feb 2021Percussion Petroleum Oper Ii,…Mar 2021 to Nov 2022OXY USA WTP LPDec 2022 to now
Operators of this lease over timeOasis Petroleum Permian LLC, Apr 2020 to Feb 2021; Percussion Petroleum Oper Ii,llc, Mar 2021 to Nov 2022; OXY USA WTP LP, Dec 2022 to Jul 2026202120222023202420252026Changed Mar 2021Changed Dec 2022Oasis Petroleum Permian LLCApr 2020 to Feb 2021Percussion Petroleum Oper Ii,llcMar 2021 to Nov 2022OXY USA WTP LPDec 2022 to now

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 54108 in district 08. The API number is the state’s ID for a well.
Wells on ARROWHEAD E 28-12-33
API numberWell no.Status
42-301-345784205HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 54108.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Concord Crude Oil Marketing LLC gathers it.

    100% of it, on the list since Dec 1, 2022

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company and Oxy USA Wtp LP gather it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Oct 1, 2023 · Energy Transfer Company gathers it: 90% of it, on the list since Oct 1, 2023 · Oxy USA Wtp LP gathers it: 10% of it, on the list since Oct 1, 2023

Companies that used to be listed: Energy Transfer Company (gathers it, until Oct 1, 2023); Etc Texas P/L, LTD (buys it, until Oct 1, 2023); Concord Crude Oil Marketing LLC (gathers it, until Dec 1, 2022); Panther Devco LLC (gathers it, until Dec 1, 2022); Oasis Petroleum Permian LLC (gathers it, until Oct 1, 2021); Pe Logistics LLC (gathers it, until Oct 1, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

1,294 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Apr 15, 2020
Latest permit
Jun 26, 2019

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.

Wells and acres on the permits for Arrowhead E 28-12-33
API numberWell no.Acreson the permit
42-301-345784205H1,294

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

What the operator reported

What Occidental Petroleum Corporation told investors it received

OXY USA WTP LP is linked to Occidental Petroleum Corporation (OXY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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 ARROWHEAD E 28-12-33 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 ARROWHEAD E 28-12-33
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026OXY USA2,2432,377000$80.46$2.89
Jun 2026OXY USA00000$84.81$3.15
May 2026OXY USA00000$102.13$2.94
Apr 2026OXY USA1510000$100.32$2.77
Mar 2026OXY USA00000$91.38$3.04
Feb 2026OXY USA00000$64.51$3.62
Jan 2026OXY USA1,5741,5874,4434,4430$60.04$7.72
Dec 2025OXY USA1,5271,5043,2663,2660$57.97$4.26
Nov 2025OXY USA1,9912,1164944940$60.06$3.79
Oct 2025OXY USA2,4962,6226,6876,6870$60.89$3.19
Sep 2025OXY USA2,7662,5784,7234,7230$63.96$2.97
Aug 2025OXY USA2,5692,572000$64.86$2.91
Jul 2025OXY USA2,2082,1942,6762,6760$68.39$3.20
Jun 2025OXY USA2,0572,0395175170$68.17$3.02
May 2025OXY USA2,6012,6401,559721838$62.17$3.12
Apr 2025OXY USA3,1373,1285,4795,305174$63.54$3.42
Mar 2025OXY USA3,1213,0925,5155,219296$68.24$4.12
Feb 2025OXY USA2,6242,6863,0852,901184$71.53$4.19
Jan 2025OXY USA2,9632,8223,2513,091160$75.74$4.13
Dec 2024OXY USA1,3981,3911,3321,27656$70.12$3.01
Nov 2024OXY USA2,0582,05395287973$69.95$2.12
Oct 2024OXY USA2,1232,168998840158$71.99$2.20
Sep 2024OXY USA2,1442,1042,2081,938270$70.24$2.28
Aug 2024OXY USA2,2632,2911,9531,852101$76.68$1.99
Jul 2024OXY USA2,8972,9421,9031,82182$81.80$2.07
Jun 2024OXY USA3,2333,2423,1142,951163$79.77$2.54
May 2024OXY USA4,0924,2172,6492,56188$80.02$2.12
Apr 2024OXY USA3,6933,7281,7551,66491$85.35$1.60
Mar 2024OXY USA3,4813,488874764110$81.28$1.49
Feb 2024OXY USA3,7253,6191,1831,079104$77.25$1.72
Jan 2024OXY USA2,0522,11238235725$74.15$3.18
Dec 2023OXY USA4,0313,9861,1431,11132$71.90$2.52
Nov 2023OXY USA4,0363,9951,5231,49429$77.69$2.71
Oct 2023OXY USA3,2743,2851,1281,10721$85.64$2.98
Sep 2023OXY USA2,8722,91184682818$89.43$2.64
Aug 2023OXY USA3,9924,0204,9864,93353$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).

Check your statements

Do your checks match this lease?

Upload your statements for ARROWHEAD E 28-12-33. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask OXY USA WTP LP.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

OXY USA WTP LP in Loving County

All OXY USA WTP LP leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

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 54108, 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.

FAQ

Questions about ARROWHEAD E 28-12-33

Who operates the ARROWHEAD E 28-12-33 lease?

The Railroad Commission lists OXY USA WTP LP (operator number 630555) as the operator of this lease in Loving County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the ARROWHEAD E 28-12-33 lease produced?

The lease reported 15,317 bbl of oil and 19,613 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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