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Texas oil lease

Producing

POLO 1603B

Polo 1603B is an oil lease in Reagan County, Texas, operated by OXY USA WTP LP in the Spraberry (Trend Area) R 40 Exc field.

1 well

1,038bbl oil, last 12 months−15% vs prior year
Operator
OXY USA WTP LP
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-19546

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
92,384 mcf
Oil in Jul 2026
63 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for POLO 1603B, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 1,038 bbl in the 12 months through Jul 2026, against 1,216 bbl in the 12 months before.Last 12 months: 1,038 bblbbl per monthmcf per month00505,00010010k15015k20020k25025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for POLO 1603B, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 1,038 bbl in the 12 months through Jul 2026, against 1,216 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505,00010010k15015k20020k25025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of POLO 1603B gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of POLO 1603B gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 99,147 mcf

  • Transmission line (2)

    0.8% · 789 mcf

1 well on this lease

Wells on POLO 1603B
API numberWell no.Status
42-383-395773HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bridger Transportation, LLCOilGathers50Mar 22, 2017–
Plains Pipeline L.p.OilGathers50Mar 22, 2017–
Energy Transfer CompanyCasinghead gasBuys50Jan 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Jan 1, 2019–
Energy Transfer CompanyCasinghead gasGathers50Jan 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Jan 1, 2019–
Energy Transfer CompanyCasinghead gasGathers100Mar 22, 2017Jan 1, 2019
Energy Transfer CompanyCasinghead gasBuys100Mar 22, 2017Jan 1, 2019

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

Who buys my oilOil price check

3,843.32 acres on the newest permit

Permits for Polo 1603B
API numberWell no.Acreson the permit
42-383-395773H3,843.32

SourceRailroad Commission drilling permits, Sep 26, 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

36 months, newest first

Ledger for POLO 1603B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266362000$80.46$2.89
Jun 202656695,7825,7820$84.81$3.15
May 2026102877,9207,9200$102.13$2.94
Apr 202654757,7597,7590$100.32$2.77
Mar 202620618523,95023,9500$91.38$3.04
Feb 202657644,7304,7300$64.51$3.62
Jan 202692997,2477,2470$60.04$7.72
Dec 20251221118,6538,6530$57.97$4.26
Nov 202591847,4807,4800$60.06$3.79
Oct 202571673,9613,9610$60.89$3.19
Sep 202537492,8582,8580$63.96$2.97
Aug 2025878112,04412,0440$64.86$2.91
Jul 202592947,5527,5520$68.39$3.20
Jun 20251029810,91810,90711$68.17$3.02
May 2025899212,26912,2690$62.17$3.12
Apr 2025909411,33311,3330$63.54$3.42
Mar 202518017812,30212,3020$68.24$4.12
Feb 2025979412,46512,4650$71.53$4.19
Jan 202596946,1246,1240$75.74$4.13
Dec 202410110310,00710,0070$70.12$3.01
Nov 20241091096,5586,5580$69.95$2.12
Oct 20249810410,26810,2680$71.99$2.20
Sep 20241121028,8318,8310$70.24$2.28
Aug 202450565,3485,3480$76.68$1.99
Jul 2024104102000$81.80$2.07
Jun 202494946,7906,7846$79.77$2.54
May 20241081158,6248,59331$80.02$2.12
Apr 20241361397,2197,2181$85.35$1.60
Mar 20241741738,3318,3301$81.28$1.49
Feb 20241721716,8896,8881$77.25$1.72
Jan 20241411396,0876,07710$74.15$3.18
Dec 20231912256,9476,9470$71.90$2.52
Nov 20232041789,5269,5260$77.69$2.71
Oct 20232021939,2679,2670$85.64$2.98
Sep 20231811851,4241,40915$89.43$2.64
Aug 20232482469,3629,3620$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

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

OXY USA WTP LP in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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