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LHS RANCH 40-04 0412

LHS Ranch 40-04 0412 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

1 well

68,780bbl oil, last 12 months−35% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56569

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
196,498 mcf
Oil in Jul 2026
7,132 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 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for LHS RANCH 40-04 0412, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 68,780 bbl in the 12 months through Jul 2026, against 105,764 bbl in the 12 months before.Last 12 months: 68,780 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for LHS RANCH 40-04 0412, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 68,780 bbl in the 12 months through Jul 2026, against 105,764 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 40-04 0412 gas by disposition code each month, Aug 2023 to Jul 2026. Over 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
Over 99% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH 40-04 0412 gas by disposition code each month, Aug 2023 to Jul 2026. Over 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)

    100% · 195,595 mcf

  • Lease fuel (1)

    0.4% · 821 mcf

  • Flared (4)

    0.0% · 82 mcf

1 well on this lease

Wells on LHS RANCH 40-04 0412
API numberWell no.Status
42-329-448540412AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jun 18, 2021–
Et Gathering & Processing LLCCasinghead gasBuys50Jun 1, 2026–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys50Jun 18, 2021–
Energy Transfer CompanyCasinghead gasGathers50Jun 18, 2021–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers50Jun 18, 2021–
Energy Transfer CompanyCasinghead gasBuys50Jun 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 0412
API numberWell no.Acreson the permit
42-329-448540412AH1,989.50

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 0412
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,1327,00213,00812,9480$80.46$2.89
Jun 20261,9121,9054,0384,0190$84.81$3.15
May 20262,0132,1196,1876,1560$102.13$2.94
Apr 20266,5206,53717,09916,98928$100.32$2.77
Mar 20264,4854,47610,19110,09154$91.38$3.04
Feb 20265,6105,57315,67315,5930$64.51$3.62
Jan 20265,0245,02017,95017,8490$60.04$7.72
Dec 20256,2386,25519,71919,6280$57.97$4.26
Nov 20256,4366,50123,11923,0200$60.06$3.79
Oct 20258,3628,31428,69528,6160$60.89$3.19
Sep 20257,3067,28722,60722,5450$63.96$2.97
Aug 20257,7427,66718,21218,1410$64.86$2.91
Jul 20253,6063,7486,5746,5480$68.39$3.20
Jun 20259,3849,30723,93223,8500$68.17$3.02
May 20256,4486,42715,29015,2280$62.17$3.12
Apr 20257,1387,17818,11418,0450$63.54$3.42
Mar 20258,8148,78823,78923,6970$68.24$4.12
Feb 20257,4977,50824,22424,1340$71.53$4.19
Jan 20258,5308,52126,19126,0880$75.74$4.13
Dec 20248,9969,01126,27126,1740$70.12$3.01
Nov 202410,05910,09323,18123,0900$69.95$2.12
Oct 202411,54911,51826,13626,0380$71.99$2.20
Sep 202411,39311,42927,96827,8560$70.24$2.28
Aug 202412,35012,20622,91422,8240$76.68$1.99
Jul 20242,9753,0513,8183,8030$81.80$2.07
Jun 20249,3119,30523,72623,6410$79.77$2.54
May 202412,71312,73922,73522,6520$80.02$2.12
Apr 202414,81814,79324,84724,7470$85.35$1.60
Mar 202415,68115,61824,46724,3550$81.28$1.49
Feb 20246,3546,3275,5465,5180$77.25$1.72
Jan 20241,3191,5443593550$74.15$3.18
Dec 202311,52111,54917,00316,8500$71.90$2.52
Nov 202313,90913,90823,29723,1750$77.69$2.71
Oct 202315,74615,72827,07826,9590$85.64$2.98
Sep 202314,94414,97826,01925,9050$89.43$2.64
Aug 202316,10816,12526,03325,9270$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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