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Texas oil lease · RRC district 08 · Lease 40124

Producing

CONSTANCE

Constance is an oil lease in Ector County, Texas, operated by Owl Ops LLC in the Sallie Ann (Spraberry-Wolfcamp) field. The Railroad Commission shows 7,488 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 15 wells

7,488bbl oil, last 12 months−16% vs prior year
Operator
Owl Ops LLC
County
Ector County
Field
Sallie Ann (Spraberry-Wolfcamp)
RRC lease
08-40124

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County · RRC district 08Open Ector County →
Gas, last 12 months
49,377 mcf
Oil in Jul 2026
494 bbl
Reporting to the state
since Jan 2020
Wells
15

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 16% over the last 12 months

7,488 bbl in the 12 months through Jul 2026, against 8,906 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for CONSTANCE, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 7,488 bbl in the 12 months through Jul 2026, against 8,906 bbl in the 12 months before.Last 12 months: 7,488 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for CONSTANCE, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 7,488 bbl in the 12 months through Jul 2026, against 8,906 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40124, 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 Apr 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.

  • Processing plant (3)
  • Transmission line (2)
Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of CONSTANCE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 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.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of CONSTANCE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 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.Share of gas by disposition code0%50%100%Apr 24: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40124, 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.

None of the gas was flared in the last 12 months.

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 Apr 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 timeOXY USA Inc., Jan 2020 to Mar 2024; Owl Ops LLC, Apr 2024 to Jul 20262020202120222023202420252026Changed Apr 2024OXY USA Inc.Jan 2020 to Mar 2024Owl Ops LLCApr 2024 to now
Operators of this lease over timeOXY USA Inc., Jan 2020 to Mar 2024; Owl Ops LLC, Apr 2024 to Jul 20262020202120222023202420252026Changed Apr 2024OXY USA Inc.Jan 2020 to Mar 2024Owl Ops LLCApr 2024 to now

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

Wells

15 wells on this lease

Every well the Railroad Commission links to oil lease 40124 in district 08. The API number is the state’s ID for a well.
Wells on CONSTANCE
API numberWell no.Status
42-135-401671Active
42-135-401992Active
42-135-402063Active
42-135-406054Shut-in
42-135-415995Active
42-135-4160513Active
42-135-4160715Active
42-135-4165614Active
42-135-416786Active
42-135-416797Shut-in
42-135-416808Active
42-135-416819Active
42-135-4168210Active
42-135-4168311Shut-in
42-135-4168412Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40124.

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

    Indeca Crude Xpress, LLC gathers it.

    100% of it, on the list since Apr 1, 2024

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Apr 1, 2024 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Oct 1, 2011

Companies that used to be listed: Targa Midstream Services LLC (buys it, until Apr 1, 2024); Bridger Transportation, LLC (gathers it, until Apr 1, 2024).

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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

640 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
1514 not plugged
Horizontal
0
First completion
Jun 2, 2010
Latest permit
Apr 26, 2012

15 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Constance
API numberWell no.Acreson the permit
42-135-416786640
42-135-416797640
42-135-416808640
42-135-416819640
42-135-4168210640
42-135-4168311640
42-135-4168412640
42-135-4165614640
42-135-4160513640
42-135-4160715640
42-135-415995640
42-135-406054640

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.

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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 CONSTANCE 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 CONSTANCE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Owl Ops4944743,9663,9660$80.46$2.89
Jun 2026Owl Ops6045823,9593,9590$84.81$3.15
May 2026Owl Ops6687494,1844,1840$102.13$2.94
Apr 2026Owl Ops7217104,1214,1210$100.32$2.77
Mar 2026Owl Ops1,0611,0134,4134,4130$91.38$3.04
Feb 2026Owl Ops1,7401,7654,2464,2460$64.51$3.62
Jan 2026Owl Ops4785233,9523,9520$60.04$7.72
Dec 2025Owl Ops3403323,8923,8920$57.97$4.26
Nov 2025Owl Ops2262343,9613,9610$60.06$3.79
Oct 2025Owl Ops5284954,1414,1410$60.89$3.19
Sep 2025Owl Ops5474494,1214,1210$63.96$2.97
Aug 2025Owl Ops812044,4214,4210$64.86$2.91
Jul 2025Owl Ops7547514,4344,4340$68.39$3.20
Jun 2025Owl Ops4704644,3634,3630$68.17$3.02
May 2025Owl Ops6366284,5824,5820$62.17$3.12
Apr 2025Owl Ops6095924,5064,5060$63.54$3.42
Mar 2025Owl Ops9098654,9484,9480$68.24$4.12
Feb 2025Owl Ops6666804,1994,1990$71.53$4.19
Jan 2025Owl Ops7767674,6884,6880$75.74$4.13
Dec 2024Owl Ops7758674,9074,9070$70.12$3.01
Nov 2024Owl Ops7576514,9044,9040$69.95$2.12
Oct 2024Owl Ops8629045,0705,0700$71.99$2.20
Sep 2024Owl Ops8237734,9894,9890$70.24$2.28
Aug 2024Owl Ops8699415,5175,5170$76.68$1.99
Jul 2024Owl Ops8769624,9934,9930$81.80$2.07
Jun 2024Owl Ops9017215,4235,4230$79.77$2.54
May 2024Owl Ops1,1981,2265,9285,9280$80.02$2.12
Apr 2024Owl Ops1,2561,2442,7792,7790$85.35$1.60
Mar 2024OXY USA6636634,6164,6160$81.28$1.49
Feb 2024OXY USA8848844,1674,1670$77.25$1.72
Jan 2024OXY USA1,0631,0634,6744,6740$74.15$3.18
Dec 2023OXY USA9999994,6744,6740$71.90$2.52
Nov 2023OXY USA9259254,5144,5140$77.69$2.71
Oct 2023OXY USA9609604,9114,9110$85.64$2.98
Sep 2023OXY USA8588584,6944,6940$89.43$2.64
Aug 2023OXY USA9949945,2365,2360$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorOwl Ops LLCFieldSallie Ann (Spraberry-Wolfcamp)CountyEctor County

Owl Ops LLC in Ector County

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Sallie Ann (Spraberry-Wolfcamp) field

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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 40124, 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.