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Texas oil lease

Producing

LRT UNIT 1 ALLOCATION

LRT Unit 1 Allocation is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

1 well

10,490bbl oil, last 12 months−42% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-51352

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
17,483 mcf
Oil in Jul 2026
1,239 bbl

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 LRT UNIT 1 ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 10,490 bbl in the 12 months through Jul 2026, against 18,146 bbl in the 12 months before.Last 12 months: 10,490 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for LRT UNIT 1 ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 10,490 bbl in the 12 months through Jul 2026, against 18,146 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 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 LRT UNIT 1 ALLOCATION 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 LRT UNIT 1 ALLOCATION 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)

    99% · 21,420 mcf

  • Lease fuel (1)

    1.1% · 237 mcf

  • Flared (4)

    0.0% · 5 mcf

1 well on this lease

Wells on LRT UNIT 1 ALLOCATION
API numberWell no.Status
42-329-426482314AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Etp Crude LLCOilGathers100Nov 23, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 23, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 23, 2018

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

Who buys my oilOil price check

1,309.40 acres on the newest permit

An allocation well is on this lease

Permits for LRT Unit 1 Allocation
API numberWell no.Acreson the permit
42-329-426482314AH1,309.40

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

Unit decimal checker

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36 months, newest first

Ledger for LRT UNIT 1 ALLOCATION
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,2391,2383,5663,5440$80.46$2.89
Jun 20261,2191,2193,2753,2530$84.81$3.15
May 20261,2791,2763,0563,0330$102.13$2.94
Apr 20261,2331,2371,6411,6200$100.32$2.77
Mar 20261,4461,4452,0652,0450$91.38$3.04
Feb 20261,2431,2441400$64.51$3.62
Jan 20261,1821,1793,8363,8121$60.04$7.72
Dec 20251,5221,5141500$57.97$4.26
Nov 202511000$60.06$3.79
Oct 2025181815140$60.89$3.19
Sep 2025108108000$63.96$2.97
Aug 202507000$64.86$2.91
Jul 20258768771,2831,2620$68.39$3.20
Jun 20251,4111,4051,6881,6542$68.17$3.02
May 20259109641,2081,1832$62.17$3.12
Apr 20253,5053,4525164940$63.54$3.42
Mar 202543435014760$68.24$4.12
Feb 2025651151600$71.53$4.19
Jan 20251,5441,5186,8226,7740$75.74$4.13
Dec 20241,0391,0813,1573,1310$70.12$3.01
Nov 20242,1452,1349,6469,5780$69.95$2.12
Oct 20242,4392,43814,08613,9950$71.99$2.20
Sep 20242,4842,46617,31517,2030$70.24$2.28
Aug 20241,6851,69917,69517,5790$76.68$1.99
Jul 20241,9721,99813,75313,6560$81.80$2.07
Jun 20242,3232,30611,40511,3120$79.77$2.54
May 20242,0442,04211,13011,0340$80.02$2.12
Apr 20241,7431,7189,0708,7690$85.35$1.60
Mar 20241,4051,4116,0855,6350$81.28$1.49
Feb 20241,9231,91910,2019,4350$77.25$1.72
Jan 20241,5631,56810,0389,2100$74.15$3.18
Dec 20231,6971,71312,68711,7430$71.90$2.52
Nov 20231,7271,71011,24410,4620$77.69$2.71
Oct 20231,6271,62615,10614,3310$85.64$2.98
Sep 20231,8141,81214,52513,7270$89.43$2.64
Aug 20231,9031,89414,21613,3670$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

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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