Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 40707

Producing

MCPHAUL

McPhaul is an oil lease in Howard County, Texas, operated by Owl Ops LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 2,800 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

2,800bbl oil, last 12 months−61% vs prior year
Operator
Owl Ops LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-40707

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Gas, last 12 months
78,616 mcf
Oil in Jul 2026
158 bbl
Reporting to the state
since Jan 2020
Wells
5

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 61% over the last 12 months

2,800 bbl in the 12 months through Jul 2026, against 7,134 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for MCPHAUL, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 2,800 bbl in the 12 months through Jul 2026, against 7,134 bbl in the 12 months before.Last 12 months: 2,800 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for MCPHAUL, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 2,800 bbl in the 12 months through Jul 2026, against 7,134 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40707, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

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

Flaring peaked at 4.2% of the gas in Apr 2024.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of MCPHAUL gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MCPHAUL gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40707, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

None of the gas was flared in the last 12 months. One month went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Oct 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeOXY USA Inc., Jan 2020 to Sep 2024; Owl Ops LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024OXY USA Inc.Jan 2020 to Sep 2024Owl Ops LLCOct 2024 to now
Operators of this lease over timeOXY USA Inc., Jan 2020 to Sep 2024; Owl Ops LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024OXY USA Inc.Jan 2020 to Sep 2024Owl Ops LLCOct 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 40707 in district 08. The API number is the state’s ID for a well.
Wells on MCPHAUL
API numberWell no.Status
42-227-364251311Active
42-227-364901322Active
42-227-372291321Active
42-227-372351312Active
42-227-375411303AShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40707.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Lpc Crude Iii, LLC gathers it.

    100% of it, on the list since Jul 1, 2025

Companies that used to be listed: Energy Transfer Company (gathers it, until Jul 1, 2025); Etc Gas Processing, LLC (buys it, until Jul 1, 2025); Oasis Transp & Marketing Corp. (gathers it, until Jul 1, 2025); Wtg Gas Processing, L.p. (gathers it, until Oct 1, 2024); Wtg Gas Processing, L.p. (buys it, until Oct 1, 2024); Lpc Crude Oil Marketing LLC (gathers it, until Apr 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

160 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
54 not plugged
Horizontal
0
First completion
Sep 20, 2010
Latest permit
Jul 31, 2013
Wells and acres on the permits for McPhaul
API numberWell no.Acreson the permit
42-227-375411303A160
42-227-372351312160
42-227-372291321160
42-227-364901322160
42-227-364251311160

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MCPHAUL sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MCPHAUL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Owl Ops1581788,5888,5880$80.46$2.89
Jun 2026Owl Ops2161797,9077,9070$84.81$3.15
May 2026Owl Ops24736110,65010,6500$102.13$2.94
Apr 2026Owl Ops1731819,6929,6920$100.32$2.77
Mar 2026Owl Ops2851836,8926,8920$91.38$3.04
Feb 2026Owl Ops2283555,3425,3420$64.51$3.62
Jan 2026Owl Ops2201826,0466,0460$60.04$7.72
Dec 2025Owl Ops2793674,7364,7360$57.97$4.26
Nov 2025Owl Ops4443643,4173,4170$60.06$3.79
Oct 2025Owl Ops901773,6013,6010$60.89$3.19
Sep 2025Owl Ops004,0004,0000$63.96$2.97
Aug 2025Owl Ops4603477,7457,7450$64.86$2.91
Jul 2025Owl Ops5236499,2519,2510$68.39$3.20
Jun 2025Owl Ops6205449,2519,2510$68.17$3.02
May 2025Owl Ops3983693,1493,1490$62.17$3.12
Apr 2025Owl Ops4995435,6265,6260$63.54$3.42
Mar 2025Owl Ops4123586,2976,2970$68.24$4.12
Feb 2025Owl Ops6065698,7728,7720$71.53$4.19
Jan 2025Owl Ops77790813,06813,0680$75.74$4.13
Dec 2024Owl Ops1,2411,08715,22715,2270$70.12$3.01
Nov 2024Owl Ops5626416,8156,8150$69.95$2.12
Oct 2024Owl Ops2623386406400$71.99$2.20
Sep 2024OXY USA8658988,4448,4440$70.24$2.28
Aug 2024OXY USA3695016,8246,8240$76.68$1.99
Jul 2024OXY USA91867412,79412,618176$81.80$2.07
Jun 2024OXY USA6571,0089,2359,2350$79.77$2.54
May 2024OXY USA8235057,2437,2430$80.02$2.12
Apr 2024OXY USA1891692,7392,623116$85.35$1.60
Mar 2024OXY USA1,0841,20411,11011,05258$81.28$1.49
Feb 2024OXY USA9888677,1757,1750$77.25$1.72
Jan 2024OXY USA1,0791,21610,19510,033162$74.15$3.18
Dec 2023OXY USA1,5771,52014,97414,9740$71.90$2.52
Nov 2023OXY USA1,6861,68011,70611,7060$77.69$2.71
Oct 2023OXY USA9808537,9657,9650$85.64$2.98
Sep 2023OXY USA6136535,5665,5660$89.43$2.64
Aug 2023OXY USA7111,0205,7225,7220$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for MCPHAUL. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Owl Ops LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorOwl Ops LLCFieldSpraberry (Trend Area)CountyHoward County

Owl Ops LLC in Howard County

All Owl Ops LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 40707, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.