Texas oil lease · RRC district 08 · Lease 28550
Shut inSLEDGE-TXL
Sledge-TXL is an oil lease in Reeves County, Texas, operated by On Pointe Operating LLC in the Ken Regan (Delaware) field. The Railroad Commission shows 37 bbl of oil in the 12 months through Apr 2026.
Oil lease dossier · 1 well
- Operator
- On Pointe Operating LLC
- County
- Reeves County
- Field
- Ken Regan (Delaware)
- RRC lease
- 08-28550
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Where it sits
This county
- Oil in Apr 2026
- 1 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Apr 2026
Production
Month by month, from the state record
Oil output fell 36% over the last 12 months
28 bbl in the 12 months through Jul 2026, against 44 bbl in the 12 months before. 3 months were not reported. A red cross marks each one.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 28550, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed 2 times, most recently in Nov 2021
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- On Pointe Operating LLC Nov 2021 to Apr 2026
- KRF Production Company LLC Dec 2020 to Oct 2021
- Arch Oil & Gas, LLC Jan 2020 to Nov 2020
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-389-31436 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 28550.
Who buys and gathers
Who moves and buys this lease's production
Oil
Oasis Transp & Marketing Corp. gathers it.
100% of it, on the list since Oct 1, 2022
Companies that used to be listed: Enterprise Products Operating LLC (gathers it, until Oct 1, 2022); Enterprise Products Operating LLC (buys it, until Oct 1, 2022); Plains Marketing, L.p. (gathers it, until Oct 1, 2022).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
80 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Nov 24, 1983
- Latest permit
- Oct 12, 1983
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-31436 | 1 | Oct 12, 1983 | Nov 24, 1983 | 80 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says SLEDGE-TXL sold each month.
For example 0.00097656, or a fraction like 1/1024.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026No report | – | – | $80.46 | $2.89 |
| Jun 2026No report | – | – | $84.81 | $3.15 |
| May 2026No report | – | – | $102.13 | $2.94 |
| Apr 2026On Pointe | 1 | 0 | $100.32 | $2.77 |
| Mar 2026On Pointe | 4 | 0 | $91.38 | $3.04 |
| Feb 2026On Pointe | 4 | 0 | $64.51 | $3.62 |
| Jan 2026On Pointe | 2 | 0 | $60.04 | $7.72 |
| Dec 2025On Pointe | 4 | 0 | $57.97 | $4.26 |
| Nov 2025On Pointe | 4 | 0 | $60.06 | $3.79 |
| Oct 2025On Pointe | 4 | 0 | $60.89 | $3.19 |
| Sep 2025On Pointe | 3 | 0 | $63.96 | $2.97 |
| Aug 2025On Pointe | 2 | 0 | $64.86 | $2.91 |
| Jul 2025On Pointe | 3 | 0 | $68.39 | $3.20 |
| Jun 2025On Pointe | 3 | 0 | $68.17 | $3.02 |
| May 2025On Pointe | 3 | 0 | $62.17 | $3.12 |
| Apr 2025On Pointe | 4 | 0 | $63.54 | $3.42 |
| Mar 2025On Pointe | 4 | 0 | $68.24 | $4.12 |
| Feb 2025On Pointe | 3 | 0 | $71.53 | $4.19 |
| Jan 2025On Pointe | 3 | 0 | $75.74 | $4.13 |
| Dec 2024On Pointe | 4 | 0 | $70.12 | $3.01 |
| Nov 2024On Pointe | 6 | 0 | $69.95 | $2.12 |
| Oct 2024On Pointe | 5 | 0 | $71.99 | $2.20 |
| Sep 2024On Pointe | 4 | 0 | $70.24 | $2.28 |
| Aug 2024On Pointe | 2 | 0 | $76.68 | $1.99 |
| Jul 2024On Pointe | 3 | 0 | $81.80 | $2.07 |
| Jun 2024On Pointe | 2 | 0 | $79.77 | $2.54 |
| May 2024On Pointe | 2 | 0 | $80.02 | $2.12 |
| Apr 2024On Pointe | 3 | 0 | $85.35 | $1.60 |
| Mar 2024On Pointe | 1 | 0 | $81.28 | $1.49 |
| Feb 2024On Pointe | 3 | 0 | $77.25 | $1.72 |
| Jan 2024On Pointe | 3 | 0 | $74.15 | $3.18 |
| Dec 2023On Pointe | 3 | 0 | $71.90 | $2.52 |
| Nov 2023On Pointe | 2 | 0 | $77.69 | $2.71 |
| Oct 2023On Pointe | 3 | 0 | $85.64 | $2.98 |
| Sep 2023On Pointe | 1 | 0 | $89.43 | $2.64 |
| Aug 2023On Pointe | 1 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for SLEDGE-TXL. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask On Pointe Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
On Pointe Operating LLC in Reeves County
No other producing leases from this operator in this county are in our data yet.
Leases within 10 km
Found by the location of their wells.
- ARMSTRONG-TXL
37 bbl last 12 months · 0.4 km away
- REEVES "AK" FEE
0 bbl last 12 months · 0.4 km away
- BAILEY, CHARLIE
21 bbl last 12 months · 0.5 km away
- NORCOP, A. W., DX
0 bbl last 12 months · 0.6 km away
- TXL "BP" (NCT-B)
45 bbl last 12 months · 0.8 km away
Drilling permits within 10 km
STATE BLUE QUAIL EAST #2HU
new drill · horizontal · Lakewood Energy LLC · Reeves County · 7.1 km away
Permit 0918680 · Sep 18, 2026
STATE BLUE QUAIL WEST #1HU
new drill · horizontal · Lakewood Energy LLC · Reeves County · 7.1 km away
Permit 0918655 · Sep 18, 2026
STATE PROJECTS 57-T2-47X2 CA #W301H
new drill · horizontal · BPX Operating Company · Reeves County · 7.9 km away
Permit 0916587 · Jul 21, 2026
STATE BARLOW 57-T2-47X2 CE #W305H
new drill · horizontal · BPX Operating Company · Reeves County · 7.9 km away
Permit 0916558 · Jul 16, 2026
SASQUATCH STATE 56-2-38 UNIT #15H
new drill · horizontal · Anadarko E&P Onshore LLC · Reeves County · 8.1 km away
Permit 0916784 · Jul 2, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Apr 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 28550, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.