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Texas oil lease

Producing

POLO 1605BU

Polo 1605BU 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

1,771bbl oil, last 12 months−52% vs prior year
Operator
OXY USA WTP LP
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-19268

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
47,143 mcf
Oil in Jul 2026
138 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for POLO 1605BU, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 1,771 bbl in the 12 months through Jul 2026, against 3,705 bbl in the 12 months before.Last 12 months: 1,771 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for POLO 1605BU, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 1,771 bbl in the 12 months through Jul 2026, against 3,705 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020kJan 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 1605BU 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 1605BU 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% · 75,889 mcf

  • Transmission line (2)

    0.9% · 669 mcf

  • Flared (4)

    0.0% · 9 mcf

1 well on this lease

Wells on POLO 1605BU
API numberWell no.Status
42-383-394592HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bridger Transportation, LLCOilGathers50Jan 4, 2016–
Plains Pipeline L.p.OilGathers50Jan 4, 2016–
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 gasGathers100Jan 4, 2016Jan 1, 2019
Energy Transfer CompanyCasinghead gasBuys100Jan 4, 2016Jan 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

  • 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 1605BU
API numberWell no.Acreson the permit
42-383-394592H3,843.32

SourceRailroad Commission drilling permits, Oct 3, 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 1605BU
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026138129000$80.46$2.89
Jun 2026961053,3793,3790$84.81$3.15
May 20261241186,8296,8290$102.13$2.94
Apr 202611511910,89810,8980$100.32$2.77
Mar 20261921757,8377,8370$91.38$3.04
Feb 202665824,0064,0060$64.51$3.62
Jan 20261471654,0214,0210$60.04$7.72
Dec 20252251951,7401,7400$57.97$4.26
Nov 2025111120000$60.06$3.79
Oct 20252182204,1424,1420$60.89$3.19
Sep 20252182114,2914,2910$63.96$2.97
Aug 2025122122000$64.86$2.91
Jul 202520220310,24810,2480$68.39$3.20
Jun 20252042068,2078,1989$68.17$3.02
May 202525626110,96910,9690$62.17$3.12
Apr 202524424210,02910,0290$63.54$3.42
Mar 202533934210,45410,4540$68.24$4.12
Feb 202523323613,16913,1690$71.53$4.19
Jan 20253243189,7669,7660$75.74$4.13
Dec 20243543629,3739,3730$70.12$3.01
Nov 20243633707,6097,6090$69.95$2.12
Oct 202439642311,63811,6380$71.99$2.20
Sep 202447944917,80117,8010$70.24$2.28
Aug 20243113067,6227,6220$76.68$1.99
Jul 2024302295000$81.80$2.07
Jun 20242642657,6077,6016$79.77$2.54
May 202429831711,13011,09040$80.02$2.12
Apr 20243793819,9119,9092$85.35$1.60
Mar 20244294199,6499,6481$81.28$1.49
Feb 20243643676,8966,8951$77.25$1.72
Jan 20243393448,6668,65214$74.15$3.18
Dec 202357063310,99310,9930$71.90$2.52
Nov 202345641313,23713,2370$77.69$2.71
Oct 20235685409,2509,2500$85.64$2.98
Sep 202347247712,57612,440136$89.43$2.64
Aug 202358457712,36512,3650$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 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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