Skip to content

Texas oil lease · RRC district 08 · Lease 40226

Producing

COVINGTON "33"

Covington "33" is an oil lease in Andrews County, Texas, operated by Sabalo II Operating, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 757 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

757bbl oil, last 12 months−12% vs prior year
RRC lease
08-40226

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County · RRC district 08Open Andrews County →
Gas, last 12 months
3,258 mcf
Oil in Jul 2026
61 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 12% over the last 12 months

757 bbl in the 12 months through Jul 2026, against 864 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for COVINGTON "33", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 757 bbl in the 12 months through Jul 2026, against 864 bbl in the 12 months before.Last 12 months: 757 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for COVINGTON "33", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 757 bbl in the 12 months through Jul 2026, against 864 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40226, 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.

88% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Dec 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a processing plant in the last 12 monthsShare of COVINGTON "33" gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a processing plant in the last 12 monthsShare of COVINGTON "33" gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40226, 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.

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, 11.1% of the gas was flared. 30 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 Jun 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 timeThrone Petroleum Resources LLC, Jan 2020 to Aug 2021; Montrose Operating LLC, Sep 2021 to May 2024; Sabalo II Operating, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Jun 2024Throne Petroleum Resources LLCJan 2020 to Aug 2021Montrose Operating LLCSep 2021 to May 2024Sabalo II Operating, LLCJun 2024 to now
Operators of this lease over timeThrone Petroleum Resources LLC, Jan 2020 to Aug 2021; Montrose Operating LLC, Sep 2021 to May 2024; Sabalo II Operating, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Jun 2024Throne Petroleum Resources LLCJan 2020 to Aug 2021Montrose Operating LLCSep 2021 to May 2024Sabalo II Operating, LLCJun 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 40226 in district 08. The API number is the state’s ID for a well.
Wells on COVINGTON "33"
API numberWell no.Status
42-003-415031Shut-in
42-003-425662Active
42-003-425674Shut-in
42-003-426213Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40226.

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

    Eastex Crude Company, LLC, Midcon Gathering LLC and Plains Marketing, L.p. gather it.

    Eastex Crude Company, LLC gathers it: 40% of it, on the list since Feb 24, 2026 · Midcon Gathering LLC gathers it: 30% of it, on the list since Feb 24, 2026 · Plains Marketing, L.p. gathers it: 30% of it, on the list since Feb 24, 2026

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017

Companies that used to be listed: Midcon Gathering LLC (gathers it, until Feb 24, 2026); Ngl Crude Logistics, LLC (gathers it, until Feb 25, 2025).

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

451.40 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
44 not plugged
Horizontal
0
First completion
Jun 4, 2010
Latest permit
Feb 9, 2011

The wells on this lease state different acreage

The permits state between 160 and 451.4 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Covington "33"
API numberWell no.Acreson the permit
42-003-426213451.40
42-003-425662451.40
42-003-425674160
42-003-415031451.40

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.

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 COVINGTON "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 COVINGTON "33"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Sabalo II611691471267$80.46$2.89
Jun 2026Sabalo II5501481296$84.81$3.15
May 2026Sabalo II591751741509$102.13$2.94
Apr 2026Sabalo II61016413133$100.32$2.77
Mar 2026Sabalo II66016413232$91.38$3.04
Feb 2026Sabalo II5817115814018$64.51$3.62
Jan 2026Sabalo II47021820216$60.04$7.72
Dec 2025Sabalo II58017114625$57.97$4.26
Nov 2025Sabalo II3001471470$60.06$3.79
Oct 2025Sabalo II8718442039822$60.89$3.19
Sep 2025Sabalo II11405515510$63.96$2.97
Aug 2025Sabalo II61183796602194$64.86$2.91
Jul 2025Sabalo II560560418142$68.39$3.20
Jun 2025Sabalo II690567394173$68.17$3.02
May 2025Sabalo II103189618151467$62.17$3.12
Apr 2025Sabalo II106189566289277$63.54$3.42
Mar 2025Sabalo II16718753748552$68.24$4.12
Feb 2025Sabalo II1060558453105$71.53$4.19
Jan 2025Sabalo II00627372255$75.74$4.13
Dec 2024Sabalo II1801896250625$70.12$3.01
Nov 2024Sabalo II00639226413$69.95$2.12
Oct 2024Sabalo II17063456965$71.99$2.20
Sep 2024Sabalo II250687509178$70.24$2.28
Aug 2024Sabalo II35174568448120$76.68$1.99
Jul 2024Sabalo II8905645640$81.80$2.07
Jun 2024Sabalo II94183862692170$79.77$2.54
May 2024Montrose Operating1000757582175$80.02$2.12
Apr 2024Montrose Operating94174400204196$85.35$1.60
Mar 2024Montrose Operating105042339825$81.28$1.49
Feb 2024Montrose Operating1071874214210$77.25$1.72
Jan 2024Montrose Operating12919346945613$74.15$3.18
Dec 2023Montrose Operating12504974898$71.90$2.52
Nov 2023Montrose Operating14417846940168$77.69$2.71
Oct 2023Montrose Operating183191598336262$85.64$2.98
Sep 2023Montrose Operating25618757048288$89.43$2.64
Aug 2023Montrose Operating610718705234471$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 COVINGTON "33". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Sabalo II Operating, LLC.

  • 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.

Sabalo II Operating, LLC in Andrews County

All Sabalo II Operating, LLC leases →

Spraberry (Trend Area) 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 40226, 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.