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Producing

LHS RANCH 40-04 0401

LHS Ranch 40-04 0401 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

1 well

33,410bbl oil, last 12 months−29% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56562

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
583,825 mcf
Oil in Jul 2026
2,519 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENERGY TRANSFER COMPANY 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.

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Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for LHS RANCH 40-04 0401, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 33,410 bbl in the 12 months through Jul 2026, against 47,239 bbl in the 12 months before.Last 12 months: 33,410 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for LHS RANCH 40-04 0401, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 33,410 bbl in the 12 months through Jul 2026, against 47,239 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 40-04 0401 gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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
97% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 40-04 0401 gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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)

    97% · 563,971 mcf

  • Lease fuel (1)

    3.4% · 19,586 mcf

  • Flared (4)

    0.0% · 268 mcf

1 well on this lease

Wells on LHS RANCH 40-04 0401
API numberWell no.Status
42-329-448560401BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 18, 2021–
Et Gathering & Processing LLCCasinghead gasBuys50Jun 1, 2026–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys50Jul 18, 2021–
Energy Transfer CompanyCasinghead gasGathers50Jul 18, 2021–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers50Jul 18, 2021–
Energy Transfer CompanyCasinghead gasBuys50Jul 18, 2021Jun 1, 2026

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

Who buys my oilOil price check

1,989.50 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 40-04 0401
API numberWell no.Acreson the permit
42-329-448560401BH1,989.50

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LHS RANCH 40-04 0401
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,5192,54654,19552,5100$80.46$2.89
Jun 20262,6582,64051,98050,4140$84.81$3.15
May 20262,5452,54748,37746,8363$102.13$2.94
Apr 20263,1433,14749,66748,35280$100.32$2.77
Mar 20262,0732,06536,27534,654185$91.38$3.04
Feb 20262,4652,45444,00442,4130$64.51$3.62
Jan 20262,3852,38642,82041,3670$60.04$7.72
Dec 20253,1223,12950,56348,5560$57.97$4.26
Nov 20253,1243,12850,39448,9940$60.06$3.79
Oct 20253,0293,02357,04855,1270$60.89$3.19
Sep 20253,1293,11956,89855,1700$63.96$2.97
Aug 20253,2183,23241,60439,5780$64.86$2.91
Jul 20253,5623,56341,65439,8280$68.39$3.20
Jun 20253,3593,35741,18638,9530$68.17$3.02
May 20253,4223,40545,64644,2030$62.17$3.12
Apr 20253,4713,47343,34642,0140$63.54$3.42
Mar 20253,3673,36537,83235,6230$68.24$4.12
Feb 20253,3143,31843,85542,2430$71.53$4.19
Jan 20253,7123,71049,16947,6050$75.74$4.13
Dec 20244,0224,02943,46841,8360$70.12$3.01
Nov 20244,5104,52836,90035,4990$69.95$2.12
Oct 20245,3715,34241,68840,4410$71.99$2.20
Sep 20244,2284,24738,99137,7840$70.24$2.28
Aug 20244,9014,91542,07041,0520$76.68$1.99
Jul 20245,5205,50347,91046,7120$81.80$2.07
Jun 20245,4985,47945,06343,8530$79.77$2.54
May 20245,8865,88540,26338,8880$80.02$2.12
Apr 20245,5265,53029,71828,1290$85.35$1.60
Mar 20247,5737,57835,56933,7280$81.28$1.49
Feb 20247,0267,03239,72437,6960$77.25$1.72
Jan 20243,0142,9892,4321,9090$74.15$3.18
Dec 20231,9912,10111,31910,2400$71.90$2.52
Nov 20237,5637,54843,63340,7300$77.69$2.71
Oct 20237,7447,70764,81261,3240$85.64$2.98
Sep 20235,7545,78346,11044,0080$89.43$2.64
Aug 20237,0967,12647,20245,4690$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

This lease belongs to

OperatorXTO Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

XTO Energy Inc. in Midland County

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Spraberry (Trend Area) field

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