Texas oil lease

Producing

MINERAL SPRINGS 1481CP

Name: MINERAL SPRINGS 1481CP monthly oil and gas production, Howard County, Texas
Creator: Texas Railroad Commission

Mineral Springs 1481CP is an oil lease in Howard County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

1 well

90,987bbl oil, since Dec 2025

Operator: OXY USA Inc.
County: Howard County
Field: Spraberry (Trend Area)
RRC lease: 08-65180

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Where it sits

This county

Howard County

Gas, since Dec 2025: 134,031 mcf
Oil in Jul 2026: 6,462 bbl

First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 65% since Dec 2025

Oil (bars)
Gas (line)

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 8 months reported

Processing plant (3)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
100% · 133,774 mcf
Flared (4)
0.2% · 257 mcf

0.2% of the gas flared in the 8 months reported. No month above 3%.

1 well on this lease

Wells on MINERAL SPRINGS 1481CP
API number	Well no.	Status
42-227-42728	3H	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Energy Transfer Company	Oil	Gathers	100	Dec 3, 2025
Et Gathering & Processing LLC	Casinghead gas	Buys	100	Dec 3, 2025
Energy Transfer Company	Casinghead gas	Gathers	100	Dec 3, 2025

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

Who buys my oil Oil price check

865.07 acres on the newest permit

Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease

Permits for Mineral Springs 1481CP
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-227-42728	3H	May 14, 2025	Dec 3, 2025	865.07	Horizontal, allocation

SourceRailroad Commission drilling permits, Oct 3, 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
Quarter	Oil$ per bbl	Gas$ per mcf	Gas liquids$ per bbl	Filing
Q2 2026	$96.78	−$0.80	$24.64	SEC filing
Q1 2026	$69.91	$1.20	$18.99	SEC filing
Q4 2025	$58.99	$1.29	$16.66	SEC filing
Q3 2025	$64.78	$1.57	$19.60	SEC filing
Q2 2025	$63.76	$1.46	$20.71	SEC filing
Q1 2025	$71.07	$2.30	$25.94	SEC filing

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

Estimate your royalty

8 months, newest first

Ledger for MINERAL SPRINGS 1481CP
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	6,462	6,462	12,779	12,650	129	$80.46	$2.89
Jun 2026	7,562	7,562	12,346	12,306	40	$84.81	$3.15
May 2026	4,385	4,385	7,284	7,284	0	$102.13	$2.94
Apr 2026	9,023	9,023	15,282	15,282	0	$100.32	$2.77
Mar 2026	10,703	10,703	17,669	17,669	0	$91.38	$3.04
Feb 2026	12,402	12,402	18,672	18,672	0	$64.51	$3.62
Jan 2026	20,689	20,689	27,333	27,245	88	$60.04	$7.72
Dec 2025	19,761	19,761	22,666	22,666	0	$57.97	$4.26

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

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