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Texas oil lease

Producing

PYTHON 54-1-37-48 E

Python 54-1-37-48 E is an oil lease in Loving County, Texas, operated by Anadarko E&P Onshore LLC in the Sandbar (Bone Spring) field.

1 well

69,263bbl oil, last 12 months−40% vs prior year
RRC lease
08-60100

6 royalty accounts on the county roll

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Gas, last 12 months
489,532 mcf
Oil in Aug 2026
5,123 bbl

Did a relative own a share of this lease?

Pick the year they passed and see what the lease has sold since.

Wells on this lease and around it

Where the state's map puts this lease's well, and what has been drilled or permitted within about 2 miles of it.
Map of the Python 54-1-37-48 E lease in Loving County, Texas: its well ringed, among 306 wells and 18 recent drilling locations in a picture about 6 miles across.
  • This lease1Its well, ringed on the map: producing
  • Drilling locations18Permits issued in the last two years
  • Producing wells186On a lease reporting production now
  • Not producing44Shut in, inactive or no lease on record
  • Plugged76The state's wellbore record says plugged

The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/python-54-1-37-48-e-08-60100"><img src="https://royaltyclerk.com/maps/lease-wells/python-54-1-37-48-e-08-60100.svg" alt="Map of the Python 54-1-37-48 E lease in Loving County, Texas: its well ringed, among 306 wells and 18 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/python-54-1-37-48-e-08-60100">Wells on the Python 54-1-37-48 E lease, Loving County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PYTHON 54-1-37-48 E, Sep 2023 to Aug 2026. Oil output fell 40% over the last 12 months. 69,263 bbl in the 12 months through Aug 2026, against 115,387 bbl in the 12 months before.Last 12 months: 69,263 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PYTHON 54-1-37-48 E, Sep 2023 to Aug 2026. Oil output fell 40% over the last 12 months. 69,263 bbl in the 12 months through Aug 2026, against 115,387 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Python 54-1-37-48 E

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026 and the gas by Nov 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists no approved exemption or reduced rate for this lease for August 2026, so the full 4.6% on oil and 7.5% on gas applies.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Dbm Oil Services LLC, Eastex Crude Company, LLC and Indeca Crude Xpress, LLC gather it. Gas from oil wells: Anadarko Energy Services Company buys it; Delaware Basin Midstream LLC gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
One company, Anadarko E&P Onshore LLC, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

33 years of state records, 1993–2026

PYTHON 54-1-37-48 E since 2023

We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in September 2023. It filed 36 monthly reports through August 2026.

Sold since 2023

$42.3 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
487,575 bbl
Gas sold
1,630,606 mcf
Best year
2024$15.3 million sold
Last report
Aug 2026First: Sep 2023

Its best year was 2024: $15.3 million of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2024: $15.3 million of oil and gas soldPython 54-1-37-48 E: oil and gas sold each year from 2023 to 2026, at each month's prices. Its best year was 2024: $15.3 million of oil and gas sold.Sold each year, at each month’s prices$0$5M$10M$15M$20MPeak 2024: $15M2023202420252026
Its best year was 2024: $15.3 million of oil and gas soldPython 54-1-37-48 E: oil and gas sold each year from 2023 to 2026, at each month's prices. Its best year was 2024: $15.3 million of oil and gas sold.Sold each year, at each month’s prices$0$5M$10M$15M$20MPeak 2024: $15M'23'24'25'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Python 54-1-37-48 E: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *843,514317,105$4,740,402
20251291,044447,495$7,587,764
202412185,001550,255$15,386,276
20234168,016315,751$14,617,025

* Part of the year: the records run through August 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
97% of the gas went to a processing plant in the last 12 monthsShare of PYTHON 54-1-37-48 E gas by disposition code each month, Sep 2023 to Aug 2026. 97% 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
97% of the gas went to a processing plant in the last 12 monthsShare of PYTHON 54-1-37-48 E gas by disposition code each month, Sep 2023 to Aug 2026. 97% 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 Aug 2026.

  • Processing plant (3)

    97% · 475,071 mcf

  • Lease fuel (1)

    3.0% · 14,461 mcf

1 well on this lease

Wells on PYTHON 54-1-37-48 E
API numberWellStatusCompleted
42-301-36223Python 54-1-37-48 E 65HAActiveSep 8, 2023

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dbm Oil Services LLCOilGathers60Sep 8, 2023
Eastex Crude Company, LLCOilGathers20Sep 8, 2023
Indeca Crude Xpress, LLCOilGathers20Sep 8, 2023
Anadarko Energy Services CompanyCasinghead gasBuys100Sep 8, 2023
Delaware Basin Midstream LLCCasinghead gasGathers100Sep 8, 2023

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

1,094.58 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 Python 54-1-37-48 E
API numberWell no.Acreson the permit
42-301-3622365HA1,094.58

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

Anadarko E&P Onshore LLC 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.

On the Loving County roll

Loving County Appraisal District

2026 roll
Owners
16
Accounts
16
Appraised in all
$7.2M$7,225,880

Each square is one account

  • Royalty6
  • Overriding royalty9
  • Working interest1

SourceLoving County Appraisal District, 2026 mineral roll (source), read Sep 29, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.

Estimate your royalty

36 months, newest first

Ledger for PYTHON 54-1-37-48 E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Aug 20265,1235,12340,68839,3200$83.90$2.78
Jul 20265,6005,60042,11240,6770$80.46$2.89
Jun 20265,5875,58740,95439,5970$84.81$3.15
May 20265,2095,20942,17540,7980$102.13$2.94
Apr 20264,4274,42743,07841,7970$100.32$2.77
Mar 20265,7975,79740,37639,1680$91.38$3.04
Feb 20265,5695,56935,86234,7460$64.51$3.62
Jan 20266,2026,20242,25441,0020$60.04$7.72
Dec 20256,7076,70743,25341,9600$57.97$4.26
Nov 20256,2816,28140,03039,0540$60.06$3.79
Oct 20256,4486,44842,95942,2250$60.89$3.19
Sep 20256,3136,31335,79134,7270$63.96$2.97
Aug 20257,3157,31539,29438,0300$64.86$2.91
Jul 20257,5437,54340,47439,2820$68.39$3.20
Jun 20257,5027,50237,07036,1000$68.17$3.02
May 20257,4677,46737,13236,3190$62.17$3.12
Apr 20258,1058,10538,25936,9570$63.54$3.42
Mar 20258,6748,67433,58231,9120$68.24$4.12
Feb 20259,3099,30935,62133,9660$71.53$4.19
Jan 20259,3809,38038,73936,9630$75.74$4.13
Dec 20248,7008,70041,19939,3800$70.12$3.01
Nov 202410,95910,95952,61650,2300$69.95$2.12
Oct 202413,55013,55058,29455,6390$71.99$2.20
Sep 202416,88316,88372,95969,9090$70.24$2.28
Aug 202417,28817,28866,33563,3820$76.68$1.99
Jul 202414,92014,92046,46844,4320$81.80$2.07
Jun 202416,81416,81445,96244,1000$79.77$2.54
May 202420,60720,60741,94940,5620$80.02$2.12
Apr 20245,2215,2219,7919,2370$85.35$1.60
Mar 202418,43718,43750,68247,3350$81.28$1.49
Feb 202415,71915,71936,09833,5940$77.25$1.72
Jan 202425,90325,90355,82652,4550$74.15$3.18
Dec 202332,94132,94167,44764,1960$71.90$2.52
Nov 202345,15845,15887,30983,2040$77.69$2.71
Oct 202343,41843,41898,69493,5750$85.64$2.98
Sep 202346,49946,49974,77674,7760$89.43$2.64

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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