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Texas oil lease

Producing

POLO 1605A

Polo 1605A 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

6,508bbl oil, last 12 months−10% vs prior year
RRC lease
7C-20464

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
93,954 mcf
Oil in Jul 2026
664 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for POLO 1605A, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 6,508 bbl in the 12 months through Jul 2026, against 7,255 bbl in the 12 months before.Last 12 months: 6,508 bblbbl per monthmcf per month002005,00040010k60015k80020k1,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for POLO 1605A, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 6,508 bbl in the 12 months through Jul 2026, against 7,255 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020k1,00025kJan 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 1605A 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 1605A 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% · 104,884 mcf

  • Transmission line (2)

    0.7% · 721 mcf

  • Flared (4)

    0.0% · 3 mcf

1 well on this lease

Wells on POLO 1605A
API numberWell no.Status
42-383-394651HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Pilot Travel Centers LLCOilGathers50Dec 1, 2017
Plains Pipeline L.p.OilGathers50Dec 1, 2017
Energy Transfer CompanyCasinghead gasBuys50Dec 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Dec 1, 2017
Energy Transfer CompanyCasinghead gasGathers50Dec 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Dec 1, 2017

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

3,843.32 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives 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 Polo 1605A
API numberWell no.Acreson the permit
42-383-394651H3,843.32

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

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 1605A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026664623000$80.46$2.89
Jun 202647747611,23311,2330$84.81$3.15
May 202645343811,76511,7650$102.13$2.94
Apr 202644243521,34721,3470$100.32$2.77
Mar 202660763614,84614,8460$91.38$3.04
Feb 202655953410,06210,0620$64.51$3.62
Jan 20264854742972970$60.04$7.72
Dec 2025420406000$57.97$4.26
Nov 20254404465,2435,2430$60.06$3.79
Oct 20256446406,8406,8400$60.89$3.19
Sep 20255846457,1907,1900$63.96$2.97
Aug 20257336725,1315,1310$64.86$2.91
Jul 20256986908,9538,9530$68.39$3.20
Jun 20255955952,7012,6983$68.17$3.02
May 20257097005,5655,5650$62.17$3.12
Apr 20254984799,6669,6660$63.54$3.42
Mar 20255175345,9335,9330$68.24$4.12
Feb 202544845216,81916,8190$71.53$4.19
Jan 20256095949,6879,6870$75.74$4.13
Dec 20246066147,3597,3590$70.12$3.01
Nov 20245765978,1948,1940$69.95$2.12
Oct 202471874511,73311,7330$71.99$2.20
Sep 202472268910,39410,3940$70.24$2.28
Aug 20245595467,7717,7710$76.68$1.99
Jul 2024510506000$81.80$2.07
Jun 20245045076,9916,9856$79.77$2.54
May 20245875987,9067,87729$80.02$2.12
Apr 20245515535,6795,6781$85.35$1.60
Mar 2024611597550$81.28$1.49
Feb 20245235306,0656,0641$77.25$1.72
Jan 20245075067,3927,38012$74.15$3.18
Dec 20237618848,6118,6110$71.90$2.52
Nov 20237616849,9459,9450$77.69$2.71
Oct 20239088749,5669,5660$85.64$2.98
Sep 202389287610,21410,103111$89.43$2.64
Aug 20237787729,2849,2840$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

OXY USA WTP LP in Reagan County

All OXY USA WTP LP leases →

Spraberry (Trend Area) R 40 Exc field

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