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Texas oil lease

Producing

PAGE 2987CP

Page 2987CP is an oil lease in Howard County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

1 well

22,718bbl oil, last 12 months−9% vs prior year
Operator
OXY USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-59506

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
174,945 mcf
Oil in Jul 2026
1,619 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC, DCP OPERATING COMPANY, LP replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

See why checks stop on this lease

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for PAGE 2987CP, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 22,718 bbl in the 12 months through Jul 2026, against 24,875 bbl in the 12 months before.Last 12 months: 22,718 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for PAGE 2987CP, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 22,718 bbl in the 12 months through Jul 2026, against 24,875 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PAGE 2987CP gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PAGE 2987CP gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Apr 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    82% · 143,225 mcf

  • Processing plant (3)

    18% · 31,462 mcf

  • Flared (4)

    0.1% · 171 mcf

  • Lease fuel (1)

    0.0% · 87 mcf

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

1 well on this lease

Wells on PAGE 2987CP
API numberWell no.Status
42-227-417594HActive

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–
Dcp Operating Company, LPCasinghead gasBuys10Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers90Mar 1, 2026–
Dcp Operating Company, LPCasinghead gasGathers10Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2025Mar 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Feb 1, 2025Mar 1, 2026
Dcp Operating Company, LPCasinghead gasGathers10Oct 24, 2024Feb 1, 2025
Energy Transfer CompanyCasinghead gasGathers90Oct 24, 2024Feb 1, 2025
Dcp Operating Company, LPCasinghead gasBuys10Oct 24, 2024Feb 1, 2025
Etc Gas Processing, LLCCasinghead gasBuys90Oct 24, 2024Feb 1, 2025

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

Who buys my oilOil price check

1,530.54 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Page 2987CP
API numberWell no.Acreson the permit
42-227-417594H1,530.54

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
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 PAGE 2987CP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6191,61314,70114,6920$80.46$2.89
Jun 20261,5731,57214,66814,485171$84.81$3.15
May 20261,7631,76614,88114,8730$102.13$2.94
Apr 20261,7931,80613,87213,8640$100.32$2.77
Mar 20261,7801,79415,79315,7790$91.38$3.04
Feb 20261,8351,83413,76613,7580$64.51$3.62
Jan 20261,9511,91914,28714,2820$60.04$7.72
Dec 20252,0102,01514,51014,5070$57.97$4.26
Nov 20251,9551,94613,60413,5960$60.06$3.79
Oct 20251,9281,95813,38913,3820$60.89$3.19
Sep 20252,0512,07815,64415,6420$63.96$2.97
Aug 20252,4602,47915,83015,8270$64.86$2.91
Jul 20252,9602,91316,72016,7100$68.39$3.20
Jun 20251,6511,6466,3206,3100$68.17$3.02
May 20251,1011,1105,3225,3020$62.17$3.12
Apr 20251,3531,3777,6087,5700$63.54$3.42
Mar 20251,5071,4889,3089,2260$68.24$4.12
Feb 20252,2222,27112,60912,5530$71.53$4.19
Jan 20252,8712,82617,41417,3760$75.74$4.13
Dec 20242,8902,85515,31115,2560$70.12$3.01
Nov 20241,4121,4376,3206,3070$69.95$2.12
Oct 20242,1312,14013,44913,4350$71.99$2.20
Sep 20242,6892,68115,74615,7320$70.24$2.28
Aug 20242,0882,07813,27113,2580$76.68$1.99
Jul 20242,6972,69416,54716,5340$81.80$2.07
Jun 20242,8732,89015,07315,0650$79.77$2.54
May 20243,2833,23115,15315,1410$80.02$2.12
Apr 20249319236,0136,0090$85.35$1.60
Mar 20245005603,7783,7740$81.28$1.49
Feb 20243,6523,71025,68625,6540$77.25$1.72
Jan 20244,0473,99228,07428,0510$74.15$3.18
Dec 20234,2114,24130,30230,25023$71.90$2.52
Nov 20234,4984,45829,43529,4030$77.69$2.71
Oct 20234,6004,60627,44827,4330$85.64$2.98
Sep 20234,7264,72729,43529,4230$89.43$2.64
Aug 20234,7474,75826,03326,0170$81.39$2.58

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