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Texas oil lease

Producing

LEONARD REVOCABLE TRUST UNIT 2

Leonard Revocable Trust Unit 2 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

7 wells

53,759bbl oil, last 12 months−21% vs prior year
RRC lease
08-50955

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
308,672 mcf
Oil in Jul 2026
4,632 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for LEONARD REVOCABLE TRUST UNIT 2, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 53,759 bbl in the 12 months through Jul 2026, against 68,055 bbl in the 12 months before.Last 12 months: 53,759 bblbbl per monthmcf per month002,50050k5,000100k7,500150k10k200k12.5k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for LEONARD REVOCABLE TRUST UNIT 2, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 53,759 bbl in the 12 months through Jul 2026, against 68,055 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50050k5,000100k7,500150k10k200k12.5k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LEONARD REVOCABLE TRUST UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LEONARD REVOCABLE TRUST UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Mar 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 307,260 mcf

  • Lease fuel (1)

    0.4% · 1,361 mcf

  • Flared (4)

    0.0% · 51 mcf

7 wells on this lease

Wells on LEONARD REVOCABLE TRUST UNIT 2
API numberWell no.Status
42-329-397442306BHActive
42-329-397452307BHActive
42-329-397462308BHActive
42-329-397472305BHActive
42-329-418632315AHActive
42-329-418642316AHActive
42-329-418682317AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Etp Crude LLCOilGathers100Sep 23, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 23, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 23, 2018

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

654.57 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    7 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.

Check your decimal on this lease
Permits for Leonard Revocable Trust Unit 2
API numberWell no.Acreson the permit
42-329-397472305BH654.57
42-329-418682317AH654.57
42-329-397442306BH654.57
42-329-397452307BH654.57
42-329-397462308BH654.57
42-329-418632315AH654.57
42-329-418642316AH654.57

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

Estimate your royalty

36 months, newest first

Ledger for LEONARD REVOCABLE TRUST UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,6324,62750,78050,5932$80.46$2.89
Jun 20264,5154,51941,00340,8443$84.81$3.15
May 20265,4175,40449,95249,7563$102.13$2.94
Apr 20264,9224,94245,19945,0341$100.32$2.77
Mar 20266,3116,31022,30522,1730$91.38$3.04
Feb 20266,2076,2115600$64.51$3.62
Jan 20265,7925,7735,2765,1950$60.04$7.72
Dec 20255,8935,88442,34242,1625$57.97$4.26
Nov 20254,9284,92344,87144,70824$60.06$3.79
Oct 20254,3794,3636,8616,79513$60.89$3.19
Sep 2025763760700$63.96$2.97
Aug 2025082000$64.86$2.91
Jul 20251,0371,0549,6219,5430$68.39$3.20
Jun 20254,4544,44717,98817,80019$68.17$3.02
May 20256,9326,96647,96847,51190$62.17$3.12
Apr 20253,2593,54134,40033,9190$63.54$3.42
Mar 20254,4154,28651,41850,7790$68.24$4.12
Feb 20255,1755,21860,69360,1650$71.53$4.19
Jan 20257,2927,213126,017125,1850$75.74$4.13
Dec 20246,4716,462117,776116,9890$70.12$3.01
Nov 20244,9955,01685,26384,6840$69.95$2.12
Oct 20247,5467,55790,22689,6300$71.99$2.20
Sep 20248,3718,369109,584108,8690$70.24$2.28
Aug 20248,1088,163102,964102,2770$76.68$1.99
Jul 20249,0959,06489,32288,6960$81.80$2.07
Jun 20246,2646,37653,19752,7740$79.77$2.54
May 202410,70310,65574,62574,0120$80.02$2.12
Apr 20248,0917,92550,70249,3230$85.35$1.60
Mar 20244,4814,53464,80861,5800$81.28$1.49
Feb 20247,7607,829130,134124,8900$77.25$1.72
Jan 20249,9369,926154,990148,9090$74.15$3.18
Dec 20239,0649,106162,641156,6910$71.90$2.52
Nov 20237,8557,773148,352143,5870$77.69$2.71
Oct 20237,2657,252132,220127,4940$85.64$2.98
Sep 20237,8277,827150,558144,9360$89.43$2.64
Aug 20238,5738,601187,102180,1940$81.39$2.58

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

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Nearby

Spraberry (Trend Area) field

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