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Texas oil lease

Producing

RICOCHET 29-40 UNIT

Ricochet 29-40 Unit is an oil lease in Loving County, Texas, operated by Anadarko E&P Onshore LLC in the Phantom (Wolfcamp) field.

2 wells

31,940bbl oil, last 12 months+2% vs prior year
RRC lease
08-47897

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
47,884 mcf
Oil in Jul 2026
1,657 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for RICOCHET 29-40 UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 31,940 bbl in the 12 months through Jul 2026, against 31,390 bbl in the 12 months before.Last 12 months: 31,940 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for RICOCHET 29-40 UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 31,940 bbl in the 12 months through Jul 2026, against 31,390 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 7.5% of the gas in Jan 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of RICOCHET 29-40 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 7.5% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 7.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of RICOCHET 29-40 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 7.5% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 7.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 39,618 mcf

  • Lease fuel (1)

    15% · 7,227 mcf

  • Flared (4)

    2.2% · 1,039 mcf

2.2% of the gas flared in the last 12 months. 8 months above 3%.

2 wells on this lease

Wells on RICOCHET 29-40 UNIT
API numberWell no.Status
42-301-327691HActive
42-301-330772HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anadarko E&P Onshore LLCOilGathers20Jul 1, 2023–
Dbm Oil Services LLCOilGathers20Jul 1, 2023–
Eastex Crude Company, LLCOilGathers20Jul 1, 2023–
Explore Logistics LLCOilGathers20Jul 1, 2023–
Rio Energy International, Inc.OilGathers20Jul 1, 2023–
Anadarko Energy Services CompanyCasinghead gasBuys100Mar 23, 2016–
Delaware Basin Midstream LLCCasinghead gasGathers100Jul 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Mar 23, 2016Jul 1, 2023
Anadarko E&P Onshore LLCOilGathers25Jan 1, 2023Jul 1, 2023
Dbm Oil Services, LLCOilGathers25Nov 1, 2022Jul 1, 2023
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Jul 1, 2023
Rio Energy International, Inc.OilGathers25Nov 1, 2022Jul 1, 2023
Eastex Crude CompanyOilGathers25Nov 1, 2022Jan 1, 2023

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

922.41 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 Ricochet 29-40 Unit
API numberWell no.Acreson the permit
42-301-330772H922.41
42-301-327691H922.41

SourceRailroad Commission drilling permits, Oct 3, 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.

Estimate your royalty

36 months, newest first

Ledger for RICOCHET 29-40 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6571,6571,9851,850135$80.46$2.89
Jun 20261,7611,7681,9551,81245$84.81$3.15
May 20262,1442,1393,0552,4510$102.13$2.94
Apr 20262,1552,1547,2386,68363$100.32$2.77
Mar 20263,6263,6744,6083,341103$91.38$3.04
Feb 20265,8575,81310,98210,082156$64.51$3.62
Jan 20263,1753,1681,232093$60.04$7.72
Dec 20252,7252,7243,8612,632111$57.97$4.26
Nov 20252,0972,1002,8492,15362$60.06$3.79
Oct 20252,3662,3656,0004,624142$60.89$3.19
Sep 20252,2512,2541,8661,80165$63.96$2.97
Aug 20252,1262,1372,2532,18964$64.86$2.91
Jul 20252,4702,4582,1572,09067$68.39$3.20
Jun 20252,5282,5292,3742,30767$68.17$3.02
May 20253,2543,2452,5192,43287$62.17$3.12
Apr 20251,9001,8992,8112,73081$63.54$3.42
Mar 20251,7321,7542,4302,35377$68.24$4.12
Feb 20251,9461,9322,6852,61273$71.53$4.19
Jan 20252,2722,2671,9421,85290$75.74$4.13
Dec 20242,0612,0642,9202,82694$70.12$3.01
Nov 20242,2662,2654,4614,361100$69.95$2.12
Oct 20242,3932,3944,0613,951110$71.99$2.20
Sep 20242,6192,6426,7716,647124$70.24$2.28
Aug 20245,9495,96413,84013,715125$76.68$1.99
Jul 20248,7518,74418,13918,004135$81.80$2.07
Jun 20247,1867,17314,51914,397122$79.77$2.54
May 20247,0557,05614,33514,219116$80.02$2.12
Apr 20246,8026,80914,31614,202114$85.35$1.60
Mar 20248,0228,02917,33417,202132$81.28$1.49
Feb 20248,5878,60117,84817,736112$77.25$1.72
Jan 20249,6699,60917,40517,238167$74.15$3.18
Dec 202310,47610,53619,52119,345176$71.90$2.52
Nov 20238,7548,73316,98316,827156$77.69$2.71
Oct 20238,5828,57522,14822,003145$85.64$2.98
Sep 20237,5897,58120,31920,183136$89.43$2.64
Aug 20237,9817,95714,03013,884146$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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