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Texas oil lease

Producing

SOFTVEST 1

Softvest 1 is an oil lease in Howard County, Texas, operated by Owl Ops LLC in the Spraberry (Trend Area) field.

2 wells

1,952bbl oil, last 12 months−6% vs prior year
Operator
Owl Ops LLC
RRC lease
08-47208

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
8,545 mcf
Oil in Jul 2026
156 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for SOFTVEST 1, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 1,952 bbl in the 12 months through Jul 2026, against 2,079 bbl in the 12 months before.Last 12 months: 1,952 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for SOFTVEST 1, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 1,952 bbl in the 12 months through Jul 2026, against 2,079 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 17.5% of the gas in Aug 2024.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of SOFTVEST 1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.5% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of SOFTVEST 1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.5% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 17.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Apr 2026

Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Mar 2026; Owl Ops LLC, Apr 2026 to Jul 20262020202120222023202420252026Changed Aug 2024Changed Apr 2026Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to Mar 2026Owl Ops LLCApr 2026 to now
Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Mar 2026; Owl Ops LLC, Apr 2026 to Jul 20262020202120222023202420252026Changed Aug 2024Changed Apr 2026Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to Mar 2026Owl Ops LLCApr 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on SOFTVEST 1
API numberWell no.Status
42-227-385631Active
42-227-386902Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Buckhead Midstream, LLCOilGathers50Nov 1, 2022–
Sunoco Pipeline L.p.OilGathers50Aug 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Apr 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Apr 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Nov 1, 2022Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Nov 1, 2022Aug 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 25, 2015Nov 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 25, 2015Nov 1, 2022

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

156.20 acres on the newest permit

Permits for Softvest 1
API numberWell no.Acreson the permit
42-227-386902156.20
42-227-385631156.20

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for SOFTVEST 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Owl Ops156175000$80.46$2.89
Jun 2026Owl Ops148181000$84.81$3.15
May 2026Owl Ops174177000$102.13$2.94
Apr 2026Owl Ops159131000$100.32$2.77
Mar 2026Oxyrock Operating,1501831,0241,0240$91.38$3.04
Feb 2026Oxyrock Operating,1701841,0751,0750$64.51$3.62
Jan 2026Oxyrock Operating,1541869369360$60.04$7.72
Dec 2025Oxyrock Operating,1721831,0851,0850$57.97$4.26
Nov 2025Oxyrock Operating,17201,0761,0760$60.06$3.79
Oct 2025Oxyrock Operating,1791831,0941,0940$60.89$3.19
Sep 2025Oxyrock Operating,1603561,1311,1310$63.96$2.97
Aug 2025Oxyrock Operating,1581751,1241,1240$64.86$2.91
Jul 2025Oxyrock Operating,18301,1511,1510$68.39$3.20
Jun 2025Oxyrock Operating,1571828318310$68.17$3.02
May 2025Oxyrock Operating,1641831,0121,0120$62.17$3.12
Apr 2025Oxyrock Operating,1361711,0571,0570$63.54$3.42
Mar 2025Oxyrock Operating,1743431,1151,1150$68.24$4.12
Feb 2025Oxyrock Operating,17201,0571,0570$71.53$4.19
Jan 2025Oxyrock Operating,2171831,0781,0780$75.74$4.13
Dec 2024Oxyrock Operating,2293571,1651,1650$70.12$3.01
Nov 2024Oxyrock Operating,2211841,2281,2280$69.95$2.12
Oct 2024Oxyrock Operating,2211601,2971,2970$71.99$2.20
Sep 2024Oxyrock Operating,1331791,2911,122169$70.24$2.28
Aug 2024Oxyrock Operating,721811,132934198$76.68$1.99
Jul 2024Crownquest Operating,10001,3041,3040$81.80$2.07
Jun 2024Crownquest Operating,2003491,3101,3100$79.77$2.54
May 2024Crownquest Operating,22001,3481,3480$80.02$2.12
Apr 2024Crownquest Operating,1923581,2841,2840$85.35$1.60
Mar 2024Crownquest Operating,21501,2761,2760$81.28$1.49
Feb 2024Crownquest Operating,73701,2411,2410$77.25$1.72
Jan 2024Crownquest Operating,1101871,2941,2940$74.15$3.18
Dec 2023Crownquest Operating,131311,3641,3640$71.90$2.52
Nov 2023Crownquest Operating,6024021,3311,3310$77.69$2.71
Oct 2023Crownquest Operating,2163391,4271,4270$85.64$2.98
Sep 2023Crownquest Operating,21401,4221,4220$89.43$2.64
Aug 2023Crownquest Operating,2021811,1261,08838$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Owl Ops LLC in Howard County

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Spraberry (Trend Area) field

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