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LHS RANCH 27-21 ALLOCATION 2104

LHS Ranch 27-21 Allocation 2104 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) R 40 Exc field.

2 wells

3,086bbl oil, last 12 months−42% vs prior year
RRC lease
08-50805

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
295,908 mcf
Oil in Jul 2026
209 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENERGY TRANSFER COMPANY, TARGA PIPELINE MID-CONTINENT LLC as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for LHS RANCH 27-21 ALLOCATION 2104, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 3,086 bbl in the 12 months through Jul 2026, against 5,313 bbl in the 12 months before.Last 12 months: 3,086 bblbbl per monthmcf per month0020010k40020k60030k80040k1,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for LHS RANCH 27-21 ALLOCATION 2104, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 3,086 bbl in the 12 months through Jul 2026, against 5,313 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040k1,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 27-21 ALLOCATION 2104 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 27-21 ALLOCATION 2104 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 291,773 mcf

  • Lease fuel (1)

    1.3% · 3,842 mcf

  • Flared (4)

    0.1% · 293 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on LHS RANCH 27-21 ALLOCATION 2104
API numberWell no.Status
42-329-421822104BHActive
42-329-421832114AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers50Jun 1, 2026–
Energy Transfer Marketing & TermOilGathers50Jun 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers99Feb 1, 2020Jun 1, 2026
Targa Pipeline Mid-Continent LLCCasinghead gasGathers1Feb 1, 2020Jun 1, 2026
Energy Transfer CompanyCasinghead gasBuys99Feb 1, 2020Jun 1, 2026
Targa Pipeline Mid-Continent LLCCasinghead gasBuys1Feb 1, 2020Jun 1, 2026
Energy Transfer CompanyOilGathers95Feb 1, 2020Jun 1, 2026
Energy Transfer Marketing & TermOilGathers5Dec 1, 2022Jun 1, 2026

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

1,920 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 LHS Ranch 27-21 Allocation 2104
API numberWell no.Acreson the permit
42-329-421822104BH1,920
42-329-421832114AH1,920

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

Estimate your royalty

36 months, newest first

Ledger for LHS RANCH 27-21 ALLOCATION 2104
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202620921122,49622,3930$80.46$2.89
Jun 202621421721,24721,0751$84.81$3.15
May 202638638422,44922,2913$102.13$2.94
Apr 202629829627,36927,0451$100.32$2.77
Mar 202615014921,12220,892128$91.38$3.04
Feb 2026929420,90920,67710$64.51$3.62
Jan 202619219321,40620,902147$60.04$7.72
Dec 202529028928,74028,3583$57.97$4.26
Nov 202527627820,97920,5680$60.06$3.79
Oct 202538338229,88429,4080$60.89$3.19
Sep 202527427425,05224,3530$63.96$2.97
Aug 202532232134,25533,8110$64.86$2.91
Jul 202530930936,87636,0820$68.39$3.20
Jun 202535535533,90533,2380$68.17$3.02
May 202534534929,48829,0480$62.17$3.12
Apr 202547947627,98227,4660$63.54$3.42
Mar 202543844028,06527,7450$68.24$4.12
Feb 202546947128,56928,1860$71.53$4.19
Jan 202555055030,87930,4150$75.74$4.13
Dec 202456856531,25230,8100$70.12$3.01
Nov 202447447332,92132,3470$69.95$2.12
Oct 202440240332,92532,0700$71.99$2.20
Sep 202446746638,77737,9130$70.24$2.28
Aug 202445745740,81439,9540$76.68$1.99
Jul 202437737735,35234,7390$81.80$2.07
Jun 202439540131,53130,8080$79.77$2.54
May 202457056428,54027,7300$80.02$2.12
Apr 202448648421,51220,1650$85.35$1.60
Mar 202441041221,65520,6310$81.28$1.49
Feb 202460260131,40131,2330$77.25$1.72
Jan 202471071028,21427,5980$74.15$3.18
Dec 202371571529,38828,4230$71.90$2.52
Nov 202374975132,89832,1540$77.69$2.71
Oct 202374874636,16935,2280$85.64$2.98
Sep 202371671531,19230,4300$89.43$2.64
Aug 202376476534,50633,6920$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) R 40 Exc field

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