Skip to content
Royalty Clerk

Texas gas well

Producing

MERCHANT

Merchant is a gas well in Reagan County, Texas, operated by OXY USA WTP LP in the Spraberry (Trend Area) R 40 Exc field.

Gas well dossier

174,209mcf gas, since Sep 2025
Operator
OXY USA WTP LP
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-300817

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil, since Sep 2025
1,031 bbl
Gas in Jul 2026
11,867 mcf

Production by month

Gas output fell 42% since Sep 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 42% since Sep 2025Monthly gas production and oil for MERCHANT, Sep 2025 to Jul 2026. Gas output fell 42% since Sep 2025. Monthly average of 12,237 mcf in the latest 3 months, against 21,254 mcf in the first 3.mcf per monthbbl per month0010k5020k10030k15040k200Oct 25Jan 26AprJul
Gas output fell 42% since Sep 2025Monthly gas production and oil for MERCHANT, Sep 2025 to Jul 2026. Gas output fell 42% since Sep 2025. Monthly average of 12,237 mcf in the latest 3 months, against 21,254 mcf in the first 3.mcf per monthbbl per month0010k5020k10030k15040k200Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the 11 months reported

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
98% of the gas went to a processing plant in the 11 months reportedShare of MERCHANT gas by disposition code each month, Sep 2025 to Jul 2026. 98% of the gas went to a processing plant in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
98% of the gas went to a processing plant in the 11 months reportedShare of MERCHANT gas by disposition code each month, Sep 2025 to Jul 2026. 98% of the gas went to a processing plant in the 11 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 170,046 mcf

  • Transmission line (2)

    2.4% · 4,152 mcf

  • Flared (4)

    0.0% · 11 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.CondensateGathers100Sep 13, 2025
Energy Transfer CompanyGas-well gasBuys100Sep 13, 2025
Energy Transfer CompanyGas-well gasGathers100Sep 13, 2025

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

Who buys my oilOil price check

3,520 acres on the newest permit

Check your decimal on this lease
Permits for Merchant
API numberWell no.Acreson the permit
42-383-394991404BU3,520

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Occidental Petroleum Corporation told investors it received

OXY USA WTP LP 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

11 months, newest first

Ledger for MERCHANT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026637611,86711,8670$80.46$2.89
Jun 2026795215,03615,0360$84.81$3.15
May 202651419,8089,8080$102.13$2.94
Apr 202631346,0406,0400$100.32$2.77
Mar 202630983,8123,8120$91.38$3.04
Feb 202610511116,52916,5290$64.51$3.62
Jan 202615315122,07422,0740$60.04$7.72
Dec 202514314125,28125,2810$57.97$4.26
Nov 202512512524,15524,1550$60.06$3.79
Oct 202513512719,41319,4130$60.89$3.19
Sep 20251163320,19420,18311$63.96$2.97

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorOXY USA WTP LPFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

OXY USA WTP LP in Reagan County

All OXY USA WTP LP leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.