Texas oil lease
ProducingLEONARD REVOCABLE TRUST UNIT 1
Leonard Revocable Trust Unit 1 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.
8 wells
- Operator
- XTO Energy Inc.
- County
- Midland County
- RRC lease
- 08-51218
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 3,040,940 mcf
- Oil in Jul 2026
- 42,160 bbl
Production by month
Oil output rose 92% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 3,029,945 mcf
Lease fuel (1)
0.3% · 10,227 mcf
Flared (4)
0.0% · 768 mcf
8 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-40655 | 2304BH | Active |
| 42-329-46967 | 2374JH | Active |
| 42-329-46969 | 2373JH | Active |
| 42-329-46970 | 2313AH | Active |
| 42-329-46972 | 2301BH | Active |
| 42-329-46973 | 2311AH | Active |
| 42-329-46975 | 2372JH | Active |
| 42-329-46976 | 2302BH | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Company | Oil | Gathers | 100 | Apr 1, 2025 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Aug 1, 2019 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Aug 1, 2019 | – |
| Centurion Pipeline L.p. | Oil | Gathers | 50 | Aug 1, 2019 | Apr 1, 2025 |
| Etp Crude LLC | Oil | Gathers | 50 | Aug 1, 2019 | Apr 1, 2025 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Jul 1, 2018 | Aug 1, 2019 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Jul 1, 2018 | Aug 1, 2019 |
| Centurion Pipeline L.p. | Oil | Gathers | 100 | Jul 1, 2018 | Aug 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
654.83 acres on the newest permit
- Good to know
8 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-46967 | 2374JH | Apr 19, 2024 | Jun 16, 2024 | 654.83 |
| 42-329-46969 | 2373JH | Apr 18, 2024 | Jun 9, 2024 | 654.83 |
| 42-329-46970 | 2313AH | Apr 18, 2024 | Jun 26, 2024 | 654.83 |
| 42-329-46972 | 2301BH | Apr 18, 2024 | Aug 9, 2024 | 654.83 |
| 42-329-46973 | 2311AH | Apr 18, 2024 | Aug 2, 2024 | 654.83 |
| 42-329-46975 | 2372JH | Apr 18, 2024 | Jul 25, 2024 | 654.83 |
| 42-329-46976 | 2302BH | Apr 18, 2024 | May 31, 2024 | 654.83 |
| 42-329-40655 | 2304BH | Jul 23, 2018 | Dec 12, 2017 | 654.83 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 42,160 | 42,168 | 232,196 | 231,499 | 11 | $80.46 | $2.89 |
| Jun 2026 | 46,813 | 46,816 | 258,918 | 258,160 | 23 | $84.81 | $3.15 |
| May 2026 | 51,101 | 51,028 | 264,685 | 263,868 | 15 | $102.13 | $2.94 |
| Apr 2026 | 56,720 | 56,918 | 277,624 | 276,812 | 17 | $100.32 | $2.77 |
| Mar 2026 | 67,867 | 67,887 | 296,409 | 295,565 | 3 | $91.38 | $3.04 |
| Feb 2026 | 69,940 | 70,097 | 261,602 | 260,813 | 0 | $64.51 | $3.62 |
| Jan 2026 | 76,917 | 76,751 | 309,585 | 308,504 | 89 | $60.04 | $7.72 |
| Dec 2025 | 95,190 | 95,132 | 290,559 | 289,642 | 38 | $57.97 | $4.26 |
| Nov 2025 | 96,649 | 96,639 | 246,347 | 245,462 | 130 | $60.06 | $3.79 |
| Oct 2025 | 104,924 | 104,864 | 238,219 | 236,798 | 442 | $60.89 | $3.19 |
| Sep 2025 | 110,860 | 110,955 | 185,489 | 184,497 | 0 | $63.96 | $2.97 |
| Aug 2025 | 89,200 | 89,508 | 179,307 | 178,325 | 0 | $64.86 | $2.91 |
| Jul 2025 | 107,715 | 107,555 | 156,217 | 155,333 | 0 | $68.39 | $3.20 |
| Jun 2025 | 122,246 | 122,021 | 158,369 | 157,093 | 170 | $68.17 | $3.02 |
| May 2025 | 175,462 | 175,986 | 192,441 | 190,888 | 362 | $62.17 | $3.12 |
| Apr 2025 | 61,685 | 60,700 | 77,038 | 76,122 | 0 | $63.54 | $3.42 |
| Mar 2025 | 0 | 0 | 982 | 966 | 0 | $68.24 | $4.12 |
| Feb 2025 | 4 | 19 | 10,583 | 10,496 | 0 | $71.53 | $4.19 |
| Jan 2025 | 429 | 426 | 1,756 | 1,731 | 0 | $75.74 | $4.13 |
| Dec 2024 | 459 | 485 | 149 | 138 | 0 | $70.12 | $3.01 |
| Nov 2024 | 1,175 | 1,170 | 4,448 | 4,407 | 0 | $69.95 | $2.12 |
| Oct 2024 | 1,392 | 1,391 | 5,938 | 5,887 | 0 | $71.99 | $2.20 |
| Sep 2024 | 1,410 | 1,409 | 5,775 | 5,726 | 0 | $70.24 | $2.28 |
| Aug 2024 | 1,306 | 1,296 | 5,582 | 5,534 | 0 | $76.68 | $1.99 |
| Jul 2024 | 771 | 759 | 3,400 | 3,369 | 0 | $81.80 | $2.07 |
| Jun 2024 | 249 | 246 | 1,690 | 1,667 | 0 | $79.77 | $2.54 |
| May 2024 | 183 | 180 | 18 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024 | 87 | 100 | 439 | 292 | 0 | $85.35 | $1.60 |
| Mar 2024 | 658 | 665 | 3,621 | 3,034 | 0 | $81.28 | $1.49 |
| Feb 2024 | 1,090 | 1,097 | 5,282 | 4,464 | 0 | $77.25 | $1.72 |
| Jan 2024 | 1,286 | 1,293 | 5,978 | 4,999 | 0 | $74.15 | $3.18 |
| Dec 2023 | 1,476 | 1,481 | 6,495 | 5,406 | 0 | $71.90 | $2.52 |
| Nov 2023 | 1,237 | 1,220 | 3,378 | 2,507 | 0 | $77.69 | $2.71 |
| Oct 2023 | 1,002 | 997 | 7,713 | 6,859 | 0 | $85.64 | $2.98 |
| Sep 2023 | 909 | 911 | 9,214 | 8,284 | 0 | $89.43 | $2.64 |
| Aug 2023 | 1,115 | 1,113 | 14,757 | 13,687 | 0 | $81.39 | $2.58 |
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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
XTO Energy Inc. in Midland County
- TXL 33 UNIT 1
1,225,971 bbl
- TXL 27 UNIT 3
986,708 bbl
- NOBLES
938,985 bbl
- TXL 27 UNIT 4
781,985 bbl
- TXL 32 UNIT 1
682,272 bbl
- COWDEN 39-03 WEST UNIT
573,467 bbl
- JOHN BRAUN A UNIT 4
441,932 bbl
- COWDEN 39-03 EAST UNIT
430,114 bbl
- GUY COWDEN UNIT 1
394,881 bbl
- KYLE 2600 UNIT 2
402,911 bbl
Spraberry (Trend Area) field
- HILL UNIT 2
998,877 bbl
- ATLAS 54-62 UNIT 2
1,002,035 bbl
- TXL 27 UNIT 3
986,708 bbl
- NOBLES
938,985 bbl
- RHAEGAL UNIT 1
962,911 bbl
- FEE 'AR'
1,019,904 bbl
- UNIVERSITY "7-43"
839,669 bbl
- FEE 'CD'
946,056 bbl
- INTEGRITY SOUTH
959,872 bbl
- MIDKIFF UNIT
890,464 bbl
Leases within 10 km
- BENGE CORNER
16,501 bbl · 0.3 km
- TXL 35 UNIT 1
79,653 bbl · 0.6 km
- MIDKIFF "B"
1,669 bbl · 0.6 km
- MIDKIFF "A"
1,396 bbl · 0.7 km
- LRT UNIT 1 ALLOCATION
10,490 bbl · 0.7 km
- LEONARD REVOCABLE TRUST UNIT 2
53,759 bbl · 0.7 km
- BARROW A
0 bbl · 0.8 km
- TXL 35 UNIT 2
59,610 bbl · 0.9 km
- TXL 35 UNIT 1 & 2 ALLOCATION
8,752 bbl · 1 km
- LRT UNIT 2 ALLOCATION
21,891 bbl · 1.2 km
Drilling permits within 10 km
SHACK-HUTT 9D #204H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 9.7 km
Permit 0918195 · Sep 30, 2026
CUNNINGHAM 9A #201H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 9.7 km
Permit 0918193 · Sep 28, 2026
SHACK-HUTT 9C #203H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 9.7 km
Permit 0918194 · Sep 28, 2026
CMC NIGHTSHADE 17/5 UNIT #1745JM
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Permit 0918256 · Sep 10, 2026
CMC NIGHTSHADE 17/5 UNIT #1746JM
new drill · horizontal · Chevron U. S. A. Inc. · Midland County · 7.1 km
Permit 0918257 · Sep 10, 2026