Texas oil lease · RRC district 08 · Lease 54760
ProducingDIVA
Diva is an oil lease in Reeves County, Texas, operated by Conocophillips Company in the Ford, West (Wolfcamp) field. The Railroad Commission shows 16,335 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier
- Operator
- Conocophillips Company
- County
- Reeves County
- RRC lease
- 08-54760
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Where it sits
This county
- Gas, last 12 months
- 119,316 mcf
- Oil in Jul 2026
- 1,453 bbl
- Reporting to the state
- since Jun 2020
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 19% over the last 12 months
16,335 bbl in the 12 months through Jul 2026, against 20,273 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 54760, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
84% of the gas went to a processing plant in the last 12 months
Flaring peaked at 22.0% of the gas in Jun 2025.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 54760, 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, 0.9% of the gas was flared. 4 months went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
Conocophillips Company has reported this lease for the whole period
No change of operator in the months we hold.
- Conocophillips Company Jun 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
Wells on this lease
No wells are linked to this lease in our data
Who buys and gathers
Who moves and buys this lease's production
Oil
United Energy Trading LLC gathers it.
100% of it, on the list since Jul 1, 2026
Gas from oil wells
Conocophillips Company buys it; Delaware Basin Midstream LLC gathers it.
Conocophillips Company buys it: 100% of it, on the list since Jul 1, 2026 · Delaware Basin Midstream LLC gathers it: 100% of it, on the list since May 1, 2023
Companies that used to be listed: Delaware Basin Midstream LLC (buys it, until Jul 1, 2026); Plains Pipeline L.p. (gathers it, until Jul 1, 2026); Delaware Basin Midstream, LLC (gathers it, until May 1, 2023); Delaware Basin Midstream, LLC (buys it, until May 1, 2023); 4J Energy, LLC (gathers it, until May 1, 2023); Western Refining Company, L.p. (gathers it, until May 1, 2023).
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
1,280 acres on the newest permit
- Wells on the permits
- 22 not plugged
- Horizontal
- 2
- First completion
- May 3, 2016
- Latest permit
- Jul 16, 2020
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-35160 | 1H | Jul 16, 2020 | May 3, 2016 | 1,280 |
| 42-389-35160 | 2001H | Jul 16, 2020 | May 3, 2016 | 1,280 |
What the operator reported
What ConocoPhillips told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.40 | $2.58 | $24.54 | SEC filing |
| Q1 2026 | $73.47 | $4.09 | $20.42 | SEC filing |
| Q3 2025 | $66.13 | $4.28 | $19.20 | SEC filing |
| Q2 2025 | $64.23 | $4.16 | $20.98 | SEC filing |
| Q1 2025 | $71.65 | $5.62 | $25.40 | SEC filing |
| Q3 2024 | $76.77 | $4.42 | $21.93 | SEC filing |
SourceConocoPhillips quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says DIVA sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Conocophillips Company | 1,453 | 1,809 | 14,582 | 12,815 | 8 | $80.46 | $2.89 |
| Jun 2026Conocophillips Company | 1,241 | 1,131 | 9,749 | 7,531 | 439 | $84.81 | $3.15 |
| May 2026Conocophillips Company | 1,611 | 1,626 | 12,455 | 10,952 | 117 | $102.13 | $2.94 |
| Apr 2026Conocophillips Company | 1,303 | 1,305 | 12,598 | 11,111 | 51 | $100.32 | $2.77 |
| Mar 2026Conocophillips Company | 1,645 | 1,805 | 14,002 | 12,475 | 47 | $91.38 | $3.04 |
| Feb 2026Conocophillips Company | 1,154 | 707 | 5,535 | 4,457 | 60 | $64.51 | $3.62 |
| Jan 2026Conocophillips Company | 363 | 367 | 3,590 | 2,708 | 263 | $60.04 | $7.72 |
| Dec 2025Conocophillips Company | 996 | 1,063 | 5,114 | 4,265 | 8 | $57.97 | $4.26 |
| Nov 2025Conocophillips Company | 1,485 | 1,422 | 7,219 | 5,874 | 18 | $60.06 | $3.79 |
| Oct 2025Conocophillips Company | 1,453 | 1,837 | 11,789 | 10,397 | 30 | $60.89 | $3.19 |
| Sep 2025Conocophillips Company | 1,819 | 1,811 | 10,241 | 7,967 | 28 | $63.96 | $2.97 |
| Aug 2025Conocophillips Company | 1,812 | 1,415 | 12,442 | 9,829 | 52 | $64.86 | $2.91 |
| Jul 2025Conocophillips Company | 1,242 | 1,435 | 11,932 | 11,810 | 64 | $68.39 | $3.20 |
| Jun 2025Conocophillips Company | 1,452 | 1,432 | 6,277 | 4,893 | 1,384 | $68.17 | $3.02 |
| May 2025Conocophillips Company | 1,835 | 1,889 | 6,330 | 6,194 | 124 | $62.17 | $3.12 |
| Apr 2025Conocophillips Company | 1,317 | 1,233 | 7,025 | 6,966 | 56 | $63.54 | $3.42 |
| Mar 2025Conocophillips Company | 1,392 | 1,666 | 6,337 | 6,308 | 0 | $68.24 | $4.12 |
| Feb 2025Conocophillips Company | 1,528 | 1,279 | 8,159 | 8,136 | 0 | $71.53 | $4.19 |
| Jan 2025Conocophillips Company | 1,027 | 926 | 6,680 | 5,886 | 793 | $75.74 | $4.13 |
| Dec 2024Conocophillips Company | 1,367 | 1,831 | 6,518 | 6,321 | 194 | $70.12 | $3.01 |
| Nov 2024Conocophillips Company | 2,216 | 1,835 | 10,446 | 10,368 | 77 | $69.95 | $2.12 |
| Oct 2024Conocophillips Company | 2,333 | 2,521 | 10,316 | 10,160 | 155 | $71.99 | $2.20 |
| Sep 2024Conocophillips Company | 2,287 | 2,156 | 9,540 | 9,337 | 203 | $70.24 | $2.28 |
| Aug 2024Conocophillips Company | 2,277 | 2,518 | 8,863 | 8,649 | 214 | $76.68 | $1.99 |
| Jul 2024Conocophillips Company | 2,385 | 2,428 | 10,833 | 10,674 | 101 | $81.80 | $2.07 |
| Jun 2024Conocophillips Company | 2,134 | 2,117 | 7,957 | 7,840 | 84 | $79.77 | $2.54 |
| May 2024Conocophillips Company | 2,483 | 2,322 | 10,740 | 10,647 | 66 | $80.02 | $2.12 |
| Apr 2024Conocophillips Company | 2,561 | 2,365 | 9,344 | 9,190 | 70 | $85.35 | $1.60 |
| Mar 2024Conocophillips Company | 2,316 | 2,346 | 7,925 | 7,780 | 51 | $81.28 | $1.49 |
| Feb 2024Conocophillips Company | 2,395 | 2,682 | 10,080 | 9,740 | 56 | $77.25 | $1.72 |
| Jan 2024Conocophillips Company | 2,280 | 2,530 | 11,271 | 10,744 | 182 | $74.15 | $3.18 |
| Dec 2023Conocophillips Company | 2,242 | 2,164 | 12,285 | 11,486 | 53 | $71.90 | $2.52 |
| Nov 2023Conocophillips Company | 2,958 | 2,833 | 10,269 | 9,673 | 50 | $77.69 | $2.71 |
| Oct 2023Conocophillips Company | 2,951 | 2,824 | 12,077 | 11,728 | 56 | $85.64 | $2.98 |
| Sep 2023Conocophillips Company | 2,994 | 2,794 | 12,015 | 11,633 | 84 | $89.43 | $2.64 |
| Aug 2023Conocophillips Company | 3,127 | 3,349 | 13,496 | 13,421 | 75 | $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 DIVA. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Conocophillips Company.
- 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
This lease belongs to
Conocophillips Company in Reeves County
- ROULETTE
1,744,524 mcf last 12 months
- ROULETTE
538,930 mcf last 12 months
- ROULETTE
1,937,567 mcf last 12 months
- BIG KAHUNA
1,893,911 mcf last 12 months
- ROULETTE
1,715,913 mcf last 12 months
Ford, West (Wolfcamp) field
- NEEDLES 39 UNIT
1,707,099 mcf last 12 months
- NEEDLES 39 UNIT
1,281,416 mcf last 12 months
- NEEDLES 39 UNIT
1,593,963 mcf last 12 months
- NEEDLES 39 UNIT
1,400,624 mcf last 12 months
- STREET SENSE 40 UNIT
1,688,718 mcf last 12 months
New drilling permits in Reeves County
We do not have coordinates for this lease, so these are the newest permits in its county.
TERRY #4
new drill · Perun Energy LLC · Reeves County
Permit 0918818 · Sep 21, 2026
TERRY #3
new drill · Perun Energy LLC · Reeves County
Permit 0918817 · Sep 21, 2026
TERRY #2
new drill · Perun Energy LLC · Reeves County
Permit 0918816 · Sep 21, 2026
TERRY #1
new drill · Perun Energy LLC · Reeves County
Permit 0918815 · Sep 21, 2026
ESPRESSO 0805A #01H
new drill · horizontal · Continental Resources, Inc. · Reeves County
Permit 0918717 · Sep 21, 2026
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 54760, 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.