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Texas oil lease

Producing

JOAQUIN UNIT

Joaquin Unit is an oil lease in Loving County, Texas, operated by EOG Resources, Inc. in the Phantom (Wolfcamp) field.

3 wells

81,614bbl oil, last 12 months−4% vs prior year
Operator
EOG Resources, Inc.
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-52801

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
206,743 mcf
Oil in Jul 2026
7,377 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for JOAQUIN UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 81,614 bbl in the 12 months through Jul 2026, against 84,605 bbl in the 12 months before.Last 12 months: 81,614 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for JOAQUIN UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 81,614 bbl in the 12 months through Jul 2026, against 84,605 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 7.3% of the gas in Sep 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of JOAQUIN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.3% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of JOAQUIN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.3% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 7.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 201,682 mcf

  • Flared (4)

    2.3% · 4,678 mcf

  • Lease fuel (1)

    0.2% · 383 mcf

2.3% of the gas flared in the last 12 months. 3 months above 3%.

3 wells on this lease

Wells on JOAQUIN UNIT
API numberWell no.Status
42-301-341781HActive
42-301-341792HActive
42-301-341803HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eog Resources Marketing LLCOilGathers60Apr 9, 2019
Western Refining Company, L.p.OilGathers40Apr 9, 2019
Energy Transfer CompanyCasinghead gasBuys50Apr 9, 2019
Enterprise Products Operating LLCCasinghead gasBuys50Apr 9, 2019
Energy Transfer CompanyCasinghead gasGathers50Apr 9, 2019
Enterprise Products Operating LLCCasinghead gasGathers50Apr 9, 2019

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

Who buys my oilOil price check

447.44 acres on the newest permit

Permits for Joaquin Unit
API numberWell no.Acreson the permit
42-301-341781H447.44
42-301-341792H447.44
42-301-341803H447.44

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG).
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for JOAQUIN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,3777,38620,47720,233244$80.46$2.89
Jun 20266,8086,87918,01317,708305$84.81$3.15
May 20266,9176,84919,19019,004185$102.13$2.94
Apr 20267,3107,18518,42418,201220$100.32$2.77
Mar 20267,0987,14818,72018,273422$91.38$3.04
Feb 20266,4806,46916,82016,578191$64.51$3.62
Jan 20267,0387,02117,49416,886423$60.04$7.72
Dec 20257,7777,84117,26016,863327$57.97$4.26
Nov 20258,1888,14218,51017,812651$60.06$3.79
Oct 20257,7848,05718,62317,958664$60.89$3.19
Sep 20253,6293,50810,80810,019789$63.96$2.97
Aug 20255,2085,12412,40412,147257$64.86$2.91
Jul 20259,1639,04222,73722,261476$68.39$3.20
Jun 20258,4638,59923,45822,907551$68.17$3.02
May 20257,8467,81518,99518,458537$62.17$3.12
Apr 20257,7357,77916,51916,355164$63.54$3.42
Mar 20257,2327,22817,77317,649124$68.24$4.12
Feb 20256,5446,45416,14916,038111$71.53$4.19
Jan 20256,0386,10813,92913,826103$75.74$4.13
Dec 20245,6525,53212,08411,99985$70.12$3.01
Nov 20244,6724,78011,07911,00376$69.95$2.12
Oct 20246,8586,80514,68314,531152$71.99$2.20
Sep 20248,0288,05516,50416,379125$70.24$2.28
Aug 20246,3746,39015,56315,455108$76.68$1.99
Jul 20246,2776,29415,77815,652126$81.80$2.07
Jun 20248,4758,44419,27519,140135$79.77$2.54
May 20249,3499,39025,96225,816146$80.02$2.12
Apr 20249,8309,92425,90225,732170$85.35$1.60
Mar 20247,3847,24918,17617,781395$81.28$1.49
Feb 20246,0605,98215,32015,27446$77.25$1.72
Jan 20246,5336,70619,21519,18629$74.15$3.18
Dec 20237,8287,83719,63319,60231$71.90$2.52
Nov 20239,3959,26113,59613,5897$77.69$2.71
Oct 20239,7419,75510,0069,97333$85.64$2.98
Sep 20239,8489,80411,17511,14134$89.43$2.64
Aug 20239,9529,92612,00911,98326$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorEOG Resources, Inc.FieldPhantom (Wolfcamp)CountyLoving County

EOG Resources, Inc. in Loving County

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Phantom (Wolfcamp) field

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