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Texas oil lease

Producing

LULO 2531LP

Lulo 2531LP is an oil lease in Howard County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

1 well

61,030bbl oil, last 12 months−26% vs prior year
Operator
OXY USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-60121

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
88,028 mcf
Oil in Jul 2026
4,377 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for LULO 2531LP, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 61,030 bbl in the 12 months through Jul 2026, against 83,017 bbl in the 12 months before.Last 12 months: 61,030 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for LULO 2531LP, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 61,030 bbl in the 12 months through Jul 2026, against 83,017 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 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)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of LULO 2531LP 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 LULO 2531LP 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% · 87,908 mcf

  • Flared (4)

    0.1% · 120 mcf

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

1 well on this lease

Wells on LULO 2531LP
API numberWell no.Status
42-227-419194HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys90Mar 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys10Apr 1, 2026–
Energy Transfer CompanyCasinghead gasGathers90Mar 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers10Mar 1, 2026–
Coronado Midstream LLCCasinghead gasBuys10Mar 1, 2026Apr 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2025Mar 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Feb 1, 2025Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Sep 12, 2024Feb 1, 2025
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 12, 2024Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Apr 12, 2023Feb 1, 2025

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

Who buys my oilOil price check

1,244.55 acres on the newest permit

An allocation well is on this lease

Permits for Lulo 2531LP
API numberWell no.Acreson the permit
42-227-419194H1,244.55

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

Unit decimal checker

What Occidental Petroleum Corporation told investors it received

OXY USA Inc. is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for LULO 2531LP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,3774,3777,0387,0299$80.46$2.89
Jun 20264,3264,3266,4426,42319$84.81$3.15
May 20265,1845,1846,4256,4250$102.13$2.94
Apr 20264,2864,2862,7762,74531$100.32$2.77
Mar 20262,9472,9473,1233,1194$91.38$3.04
Feb 20265,7435,7436,9206,9200$64.51$3.62
Jan 20265,1965,1968,3798,32257$60.04$7.72
Dec 20255,5405,5408,8498,8490$57.97$4.26
Nov 20255,9465,9469,5339,5330$60.06$3.79
Oct 20256,1496,1497,4937,4930$60.89$3.19
Sep 20255,3725,3729,4469,4460$63.96$2.97
Aug 20255,9645,96411,60411,6040$64.86$2.91
Jul 20256,4256,42512,58312,5821$68.39$3.20
Jun 20256,4466,44612,01012,0100$68.17$3.02
May 20256,5976,59710,52010,5200$62.17$3.12
Apr 20258,7348,73412,94112,9410$63.54$3.42
Mar 20256,4916,4918,8768,8760$68.24$4.12
Feb 20254,9904,9907,2837,172111$71.53$4.19
Jan 20257,2007,20011,27611,2733$75.74$4.13
Dec 20248,1608,16012,71812,7180$70.12$3.01
Nov 20246,5916,5916,8186,8153$69.95$2.12
Oct 20244,6074,6073,4253,4214$71.99$2.20
Sep 20248,4148,41414,00714,0052$70.24$2.28
Aug 20248,3628,3629,5229,5211$76.68$1.99
Jul 20248,4738,4739,9059,9041$81.80$2.07
Jun 20249,6969,69611,77611,7760$79.77$2.54
May 202410,60610,60613,81713,8170$80.02$2.12
Apr 202410,84910,84915,71015,7019$85.35$1.60
Mar 202411,62911,62914,40414,4040$81.28$1.49
Feb 202412,45412,45414,17414,1731$77.25$1.72
Jan 202413,34913,34912,41612,39125$74.15$3.18
Dec 202317,41717,41716,58016,5791$71.90$2.52
Nov 202318,51218,51214,48714,4870$77.69$2.71
Oct 202318,00418,0049,7189,7171$85.64$2.98
Sep 202319,11819,1189,3169,3151$89.43$2.64
Aug 20238,4528,4524,6274,6261$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

OperatorOXY USA Inc.FieldSpraberry (Trend Area)CountyHoward County

OXY USA Inc. in Howard County

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Spraberry (Trend Area) field

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