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Texas oil lease

Producing

LHS RANCH ALLOCATION 4516

LHS Ranch Allocation 4516 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) R 40 Exc field.

2 wells

16,122bbl oil, last 12 months−22% vs prior year
RRC lease
08-51710

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
408,614 mcf
Oil in Jul 2026
3,876 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for LHS RANCH ALLOCATION 4516, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 16,122 bbl in the 12 months through Jul 2026, against 20,781 bbl in the 12 months before.Last 12 months: 16,122 bblbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for LHS RANCH ALLOCATION 4516, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 16,122 bbl in the 12 months through Jul 2026, against 20,781 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH ALLOCATION 4516 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of LHS RANCH ALLOCATION 4516 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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)

    96% · 392,378 mcf

  • Lease fuel (1)

    3.9% · 16,070 mcf

  • Flared (4)

    0.0% · 166 mcf

2 wells on this lease

Wells on LHS RANCH ALLOCATION 4516
API numberWell no.Status
42-329-425874516AHActive
42-329-425884506BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2019–
Energy Transfer CompanyCasinghead gasBuys100Aug 1, 2019Jun 1, 2026
Centurion Pipeline L.p.OilGathers50Aug 1, 2019Apr 1, 2025
Etp Crude LLCOilGathers50Aug 1, 2019Apr 1, 2025
Energy Transfer CompanyCasinghead gasGathers99Dec 26, 2018Aug 1, 2019
Targa Pipeline Mid-Continent LLCCasinghead gasGathers1Dec 26, 2018Aug 1, 2019
Energy Transfer CompanyCasinghead gasBuys99Dec 26, 2018Aug 1, 2019

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

1,324 acres on the newest permit

An allocation well is on this lease

Permits for LHS Ranch Allocation 4516
API numberWell no.Acreson the permit
42-329-425884506BH1,324
42-329-425874516AH1,324

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for LHS RANCH ALLOCATION 4516
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,8763,80727,20625,5230$80.46$2.89
Jun 20261,0711,06227,61526,0050$84.81$3.15
May 202697197033,85432,2542$102.13$2.94
Apr 20261,1291,12343,03341,77469$100.32$2.77
Mar 202655356118,71017,78295$91.38$3.04
Feb 202698798232,08230,9040$64.51$3.62
Jan 202696095830,71129,4880$60.04$7.72
Dec 20251,1391,14231,69730,0820$57.97$4.26
Nov 20251,1431,14634,02233,0100$60.06$3.79
Oct 20251,1701,16937,22735,9010$60.89$3.19
Sep 20251,2741,28135,37734,1830$63.96$2.97
Aug 20251,8491,84957,08055,4720$64.86$2.91
Jul 20251,6841,68757,90556,2740$68.39$3.20
Jun 20251,6991,69655,05553,4170$68.17$3.02
May 20251,6651,65659,57857,8930$62.17$3.12
Apr 20251,6201,61860,02858,6390$63.54$3.42
Mar 20251,4081,40562,49860,6460$68.24$4.12
Feb 20251,2521,25352,26250,9450$71.53$4.19
Jan 20251,3631,36556,56755,0120$75.74$4.13
Dec 20241,6671,66555,61553,4880$70.12$3.01
Nov 20241,6031,61256,15153,8510$69.95$2.12
Oct 20242,0522,04963,53561,3890$71.99$2.20
Sep 20242,1402,15148,47746,0370$70.24$2.28
Aug 20242,6282,62548,34945,5390$76.68$1.99
Jul 20242,2822,28544,84141,7180$81.80$2.07
Jun 20243,0323,01855,33851,8110$79.77$2.54
May 20242,9172,91441,69938,3040$80.02$2.12
Apr 20242,4632,45642,15939,3010$85.35$1.60
Mar 20242,1792,17547,01043,7380$81.28$1.49
Feb 20241,4081,44524,51622,0680$77.25$1.72
Jan 20242,1542,13236,07032,6530$74.15$3.18
Dec 20231,2841,28339,89337,3640$71.90$2.52
Nov 20231,3391,33261,68658,8420$77.69$2.71
Oct 20231,1051,13563,96360,8380$85.64$2.98
Sep 20232,8102,80969,26267,5170$89.43$2.64
Aug 20232,6642,67369,72068,2140$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Spraberry (Trend Area) R 40 Exc field

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