Skip to content
Royalty Clerk

Texas oil lease

Producing

EAST MERCHANT

East Merchant is an oil lease in Reagan County, Texas, operated by OXY USA WTP LP in the Spraberry (Trend Area) R 40 Exc field.

1 well

8,485bbl oil, last 12 months−18% vs prior year
RRC lease
7C-18843

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
28,188 mcf
Oil in Jul 2026
637 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for EAST MERCHANT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 8,485 bbl in the 12 months through Jul 2026, against 10,333 bbl in the 12 months before.Last 12 months: 8,485 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for EAST MERCHANT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 8,485 bbl in the 12 months through Jul 2026, against 10,333 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, through Jul 2026.

Where the gas went

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

Flaring peaked at 4.2% of the gas in Sep 2023.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of EAST MERCHANT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of EAST MERCHANT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on EAST MERCHANT
API numberWell no.Status
42-383-389531361HCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers100Jul 1, 2024–
Energy Transfer CompanyCasinghead gasBuys100Jun 4, 2024–
Energy Transfer CompanyCasinghead gasGathers100Jun 4, 2024–
Oasis Transp & Marketing Corp.OilGathers100Jun 4, 2024Jul 1, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

480 acres on the newest permit

Permits for East Merchant
API numberWell no.Acreson the permit
42-383-389531361HC480

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

OXY USA WTP LP is linked to Occidental Petroleum Corporation (OXY).
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, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for EAST MERCHANT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266377513,6603,6600$80.46$2.89
Jun 20261,0057163,3723,3720$84.81$3.15
May 20264507433,1213,1210$102.13$2.94
Apr 2026618379000$100.32$2.77
Mar 20267459432,9032,9030$91.38$3.04
Feb 20266187541,4081,4080$64.51$3.62
Jan 20267275711,6561,6560$60.04$7.72
Dec 20256687701,5391,5390$57.97$4.26
Nov 20255093791,7881,7880$60.06$3.79
Oct 20257517512,5712,5710$60.89$3.19
Sep 20258477603,1913,1910$63.96$2.97
Aug 20259101,1232,9792,9790$64.86$2.91
Jul 20259689313,8043,8040$68.39$3.20
Jun 20257275602,1972,1970$68.17$3.02
May 20256197492,5152,5150$62.17$3.12
Apr 20259581,1224,0344,0340$63.54$3.42
Mar 20258987533,0283,0280$68.24$4.12
Feb 20251,0261,0715,0215,0210$71.53$4.19
Jan 20251,0641,1344,4074,4070$75.74$4.13
Dec 20241,3521,1446,7676,7670$70.12$3.01
Nov 20247537352,2042,2040$69.95$2.12
Oct 20244745412,4952,4950$71.99$2.20
Sep 20244417283,7853,7850$70.24$2.28
Aug 20241,0537285,7215,7210$76.68$1.99
Jul 20246729003,7813,7810$81.80$2.07
Jun 20248347364,5484,5480$79.77$2.54
May 20248427305,0775,0770$80.02$2.12
Apr 20247507414,5884,5880$85.35$1.60
Mar 20248971,0825,6455,6450$81.28$1.49
Feb 20248487214,9074,9070$77.25$1.72
Jan 20241,0191,0775,5245,5240$74.15$3.18
Dec 20239971,0505,9345,9340$71.90$2.52
Nov 20239371,1085,5825,5820$77.69$2.71
Oct 20239947315,7585,7580$85.64$2.98
Sep 20237296844,0073,837170$89.43$2.64
Aug 20239871,0435,7165,7160$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

OXY USA WTP LP in Reagan County

All OXY USA WTP LP leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km