Texas oil lease

Producing

OLIVE BRANCH

Name: OLIVE BRANCH monthly oil and gas production, Andrews County, Texas
Creator: Texas Railroad Commission

Olive Branch is an oil lease in Andrews County, Texas, operated by Occidental Permian Ltd. in the Midland Farms Deep field.

1 well

55,604bbl oil, since Jan 2026

Operator: Occidental Permian Ltd.
County: Andrews County
Field: Midland Farms Deep
RRC lease: 08-64704

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Where it sits

This county

Andrews County

Gas, since Jan 2026: 314,154 mcf
Oil in Jul 2026: 1,020 bbl

Checks stopped on this lease?

Buyer
Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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First check

Production started January 2026; the first check is due by about May 31, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 56% since Jan 2026

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 7 months reported

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on OLIVE BRANCH
API number	Well no.	Status
42-003-49079	2392	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Plains Pipeline L.p.	Oil	Gathers	100	Jul 17, 2025	–
Oneok Midland Midstream, LLC	Casinghead gas	Buys	100	Apr 1, 2026	–
Enlink Permian, LLC	Casinghead gas	Gathers	100	Jul 17, 2025	–
Coronado Midstream LLC	Casinghead gas	Buys	100	Jul 17, 2025	Apr 1, 2026

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

Who buys my oil Oil price check

9,108.73 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.

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Permits for Olive Branch
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-003-49079	2392	Nov 15, 2024	Jul 17, 2025	9,108.73	Horizontal, allocation

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

Unit decimal checker

What Occidental Petroleum Corporation told investors it received

Occidental Permian Ltd. 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

7 months, newest first

Ledger for OLIVE BRANCH
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	1,020	1,020	4,943	4,943	$80.46	$2.89
Jun 2026	6,523	6,523	37,494	37,494	$84.81	$3.15
May 2026	6,941	6,941	47,550	47,550	$102.13	$2.94
Apr 2026	7,925	7,925	45,881	45,881	$100.32	$2.77
Mar 2026	9,330	9,330	51,194	51,194	$91.38	$3.04
Feb 2026	10,237	10,237	54,694	54,694	$64.51	$3.62
Jan 2026	13,628	13,628	72,398	72,398	$60.04	$7.72

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

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