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Texas oil lease

Producing

PRINCE LB A1

Prince LB A1 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

1 well

17,565bbl oil, last 12 months−44% vs prior year
Operator
De Central Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-21856

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
388,402 mcf
Oil in Jul 2026
1,259 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: De Central Operating, LLC took over from De IV Operating, LLC in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

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 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for PRINCE LB A1, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 17,565 bbl in the 12 months through Jul 2026, against 31,134 bbl in the 12 months before.Last 12 months: 17,565 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for PRINCE LB A1, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 17,565 bbl in the 12 months through Jul 2026, against 31,134 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kJan 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

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PRINCE LB A1 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. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of PRINCE LB A1 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. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 382,580 mcf

  • Flared (4)

    1.5% · 5,822 mcf

1.5% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Mar 2025

Operators of this lease over timeMoontower Resources Op, LLC, May 2022 to Jul 2022; De IV Operating, LLC, Aug 2022 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 20262023202420252026Changed Aug 2022Changed Mar 2025Moontower Resources Op, LLCMay 2022 to Jul 2022De IV Operating, LLCAug 2022 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeMoontower Resources Op, LLC, May 2022 to Jul 2022; De IV Operating, LLC, Aug 2022 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 20262023202420252026Changed Aug 2022Changed Mar 2025Moontower Resources Op, LLCMay 2022 to Jul 2022De IV Operating, LLCAug 2022 to Feb 2025De Central Operating, LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PRINCE LB A1
API numberWell no.Status
42-383-410532HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 25, 2022–
Canes Midstream G&p LLCCasinghead gasBuys100Aug 1, 2022–
Canes Midstream G&p LLCCasinghead gasGathers100Aug 1, 2022–
Dcp Operating Company, LPCasinghead gasGathers100May 25, 2022Aug 1, 2022
Dcp Operating Company, LPCasinghead gasBuys100May 25, 2022Aug 1, 2022

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

Who buys my oilOil price check

856.39 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 Prince LB A1
API numberWell no.Acreson the permit
42-383-410532H856.39

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRINCE LB A1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central1,2591,27934,42328,8815,542$80.46$2.89
Jun 2026De Central1,3051,28228,17128,14427$84.81$3.15
May 2026De Central1,3781,36130,99130,9901$102.13$2.94
Apr 2026De Central1,4331,40130,71330,70112$100.32$2.77
Mar 2026De Central1,4631,46330,12030,09921$91.38$3.04
Feb 2026De Central1,5341,54727,52427,5240$64.51$3.62
Jan 2026De Central1,6411,55828,88628,82759$60.04$7.72
Dec 2025De Central1,3561,34627,95827,808150$57.97$4.26
Nov 2025De Central1,4611,45240,50040,4955$60.06$3.79
Oct 2025De Central1,5551,56543,45143,4501$60.89$3.19
Sep 2025De Central1,3351,32931,34031,3391$63.96$2.97
Aug 2025De Central1,8451,83934,32534,3223$64.86$2.91
Jul 2025De Central1,9501,95132,88932,8890$68.39$3.20
Jun 2025De Central1,7731,75534,60634,6060$68.17$3.02
May 2025De Central1,9421,96536,35736,3570$62.17$3.12
Apr 2025De Central2,1172,08635,98835,9880$63.54$3.42
Mar 2025De Central2,3112,32232,17032,1700$68.24$4.12
Feb 2025De IV1,9832,01731,21331,2130$71.53$4.19
Jan 2025De IV2,4462,45436,90536,9050$75.74$4.13
Dec 2024De IV2,7792,77536,85436,8540$70.12$3.01
Nov 2024De IV3,0623,05040,06440,04915$69.95$2.12
Oct 2024De IV3,4513,47939,91239,9093$71.99$2.20
Sep 2024De IV3,4693,42036,12036,1200$70.24$2.28
Aug 2024De IV3,8513,93038,56238,5620$76.68$1.99
Jul 2024De IV4,0924,07536,73836,7380$81.80$2.07
Jun 2024De IV4,7054,74145,99145,9910$79.77$2.54
May 2024De IV5,3735,39249,46349,4630$80.02$2.12
Apr 2024De IV6,6846,63553,18953,1890$85.35$1.60
Mar 2024De IV8,2918,38655,53955,5390$81.28$1.49
Feb 2024De IV8,4898,50233,50433,5040$77.25$1.72
Jan 2024De IV8,2188,18713,73413,7340$74.15$3.18
Dec 2023De IV9,2659,25110,53810,5380$71.90$2.52
Nov 2023De IV7,9198,2785,6395,6363$77.69$2.71
Oct 2023De IV7,1397,0647,0746,814260$85.64$2.98
Sep 2023De IV3,3963,490000$89.43$2.64
Aug 2023De IV4,7104,16835035$81.39$2.58

Flared above 3%

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

OperatorDe Central Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

De Central Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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