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Texas oil lease

Producing

PHILLIPS -42-

Phillips -42- is an oil lease in Terry County, Texas, operated by V-F Petroleum Inc. in the Tokio, E. (Lower Leonard) field.

1 well

2,219bbl oil, last 12 months+23% vs prior year
Operator
V-F Petroleum Inc.
County
Terry County
Field
Tokio, E. (Lower Leonard)
RRC lease
8A-66903

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Where it sits

This county

Terry CountyTerryHockleyYoakumCochranLynnLubbockTerry County
Terry County
Oil in Jul 2026
1 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 23% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 23% over the last 12 monthsMonthly oil production for PHILLIPS -42-, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 2,219 bbl in the 12 months through Jul 2026, against 1,808 bbl in the 12 months before.Last 12 months: 2,219 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 23% over the last 12 monthsMonthly oil production for PHILLIPS -42-, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 2,219 bbl in the 12 months through Jul 2026, against 1,808 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on PHILLIPS -42-
API numberWell no.Status
42-445-316581Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Feb 1, 2022–
Bridger Transportation, LLCOilGathers100Aug 1, 2014Feb 1, 2022

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

Who buys my oilOil price check

160 acres on the newest permit

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Permits for Phillips -42-
API numberWell no.Acreson the permit
42-445-316581160

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

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Estimate your royalty

36 months, newest first

Ledger for PHILLIPS -42-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202610$80.46$2.89
Jun 2026189165$84.81$3.15
May 2026191163$102.13$2.94
Apr 2026390$100.32$2.77
Mar 2026224323$91.38$3.04
Feb 2026285323$64.51$3.62
Jan 2026600$60.04$7.72
Dec 2025269166$57.97$4.26
Nov 2025262320$60.06$3.79
Oct 2025205174$60.89$3.19
Sep 2025237355$63.96$2.97
Aug 2025257180$64.86$2.91
Jul 2025164170$68.39$3.20
Jun 2025174173$68.17$3.02
May 2025156170$62.17$3.12
Apr 2025134169$63.54$3.42
Mar 2025159176$68.24$4.12
Feb 20251160$71.53$4.19
Jan 2025110$75.74$4.13
Dec 2024164179$70.12$3.01
Nov 2024184183$69.95$2.12
Oct 2024191174$71.99$2.20
Sep 2024181181$70.24$2.28
Aug 2024174180$76.68$1.99
Jul 2024165176$81.80$2.07
Jun 2024175176$79.77$2.54
May 2024198176$80.02$2.12
Apr 2024196355$85.35$1.60
Mar 2024200178$81.28$1.49
Feb 2024195164$77.25$1.72
Jan 2024368508$74.15$3.18
Dec 20232020$71.90$2.52
Nov 2023175169$77.69$2.71
Oct 2023187176$85.64$2.98
Sep 2023172171$89.43$2.64
Aug 2023199178$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

OperatorV-F Petroleum Inc.FieldTokio, E. (Lower Leonard)CountyTerry County

V-F Petroleum Inc. in Terry County

All V-F Petroleum Inc. leases →

Tokio, E. (Lower Leonard) field

No other producing leases in this field are in our data yet.

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