Texas oil lease

Producing

STATE OF TEXAS -V-

Name: STATE OF TEXAS -V- monthly oil and gas production, Andrews County, Texas
Creator: Texas Railroad Commission

State of Texas -V- is an oil lease in Andrews County, Texas, operated by Olsen Energy Inc. in the Block 12 field.

4 wells

2,377bbl oil, since Mar 2026

Operator: Olsen Energy Inc.
County: Andrews County
Field: Block 12
RRC lease: 08-00427

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Where it sits

This county

Andrews County

Gas, since Mar 2026: 4,579 mcf
Oil in Jul 2026: 330 bbl

First check

Production started March 2026; the first check is due by about July 29, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 5 reported months

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 5 months reported

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on STATE OF TEXAS -V-
API number	Well no.	Status
42-003-07179	1	Active
42-003-07180	2	Active
42-003-07183	5	Shut-in
42-003-41044	6	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Oasis Transp & Marketing Corp.	Oil	Gathers	100	Nov 1, 2023	–
Dcp Operating Company, LP	Casinghead gas	Buys	100	Apr 1, 2017	–
Dcp Operating Company, LP	Casinghead gas	Gathers	100	Apr 1, 2017	–
Mission Petroleum Carriers, Inc.	Oil	Gathers	50	Mar 1, 2005	Nov 1, 2023
Oasis Transp & Marketing Corp.	Oil	Gathers	50	Jun 1, 1999	Nov 1, 2023

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

Who buys my oil Oil price check

322.92 acres on the newest permit

Good to know
The wells on this lease state different acreage
The permits state between 322.92 and 323.1 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease

Permits for State of Texas -V-
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-003-41044	6	Mar 11, 2026	Mar 17, 2026	322.92	Vertical
42-003-07180	2	Nov 1, 1990	Jan 12, 1984	323.10	Vertical
42-003-07179	1	–	Mar 20, 2009	–	–
42-003-07183	5	–	Feb 3, 2009	–	–

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

Unit decimal checker

Estimate your royalty

5 months, newest first

Ledger for STATE OF TEXAS -V-
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	330	292	860	860	$80.46	$2.89
Jun 2026	335	291	766	766	$84.81	$3.15
May 2026	391	435	1,326	1,326	$102.13	$2.94
Apr 2026	516	477	1,219	1,219	$100.32	$2.77
Mar 2026	805	704	408	408	$91.38	$3.04

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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