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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 29373

Producing

STRAIN

Strain is an oil lease in Martin County, Texas, operated by Owl Ops LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 72 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

72bbl oil, last 12 months
Operator
Owl Ops LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-29373

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County · RRC district 08Open Martin County →
Oil in Jul 2026
72 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output over the last 12 months

72 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production for STRAIN, Aug 2023 to Jul 2026. Oil output over the last 12 months. 72 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 72 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production for STRAIN, Aug 2023 to Jul 2026. Oil output over the last 12 months. 72 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 29373, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Oct 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeOXY USA Inc., Jan 2020 to Sep 2024; Owl Ops LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024OXY USA Inc.Jan 2020 to Sep 2024Owl Ops LLCOct 2024 to now
Operators of this lease over timeOXY USA Inc., Jan 2020 to Sep 2024; Owl Ops LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024OXY USA Inc.Jan 2020 to Sep 2024Owl Ops LLCOct 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 29373 in district 08. The API number is the state’s ID for a well.
Wells on STRAIN
API numberWell no.Status
42-317-329531Shut-in
42-317-330912Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 29373.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Lpc Crude Iii, LLC gathers it.

    100% of it, on the list since Jul 1, 2025

Companies that used to be listed: Oasis Transp & Marketing Corp. (gathers it, until Jul 1, 2025); Dcp Midstream, LP (gathers it, until Oct 1, 2024); Dcp Midstream, LP (buys it, until Oct 1, 2024); Sunoco, Inc. (R&m) (gathers it, until Oct 1, 2024).

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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,140 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
21 not plugged
Horizontal
0
First completion
Nov 1, 1984
Latest permit
Dec 11, 1984
Wells and acres on the permits for Strain
API numberWell no.Acreson the permit
42-317-3309121,140
42-317-3295311,120

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

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 STRAIN sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for STRAIN
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Owl Ops720$80.46$2.89
Jun 2026Owl Ops00$84.81$3.15
May 2026Owl Ops00$102.13$2.94
Apr 2026Owl Ops00$100.32$2.77
Mar 2026Owl Ops00$91.38$3.04
Feb 2026Owl Ops00$64.51$3.62
Jan 2026Owl Ops00$60.04$7.72
Dec 2025Owl Ops00$57.97$4.26
Nov 2025Owl Ops00$60.06$3.79
Oct 2025Owl Ops00$60.89$3.19
Sep 2025Owl Ops00$63.96$2.97
Aug 2025Owl Ops00$64.86$2.91
Jul 2025Owl Ops00$68.39$3.20
Jun 2025Owl Ops00$68.17$3.02
May 2025Owl Ops00$62.17$3.12
Apr 2025Owl Ops00$63.54$3.42
Mar 2025Owl Ops00$68.24$4.12
Feb 2025Owl Ops00$71.53$4.19
Jan 2025Owl Ops00$75.74$4.13
Dec 2024Owl Ops00$70.12$3.01
Nov 2024Owl Ops00$69.95$2.12
Oct 2024Owl Ops00$71.99$2.20
Sep 2024OXY USA00$70.24$2.28
Aug 2024OXY USA00$76.68$1.99
Jul 2024OXY USA00$81.80$2.07
Jun 2024OXY USA00$79.77$2.54
May 2024OXY USA00$80.02$2.12
Apr 2024OXY USA00$85.35$1.60
Mar 2024OXY USA00$81.28$1.49
Feb 2024OXY USA00$77.25$1.72
Jan 2024OXY USA00$74.15$3.18
Dec 2023OXY USA00$71.90$2.52
Nov 2023OXY USA00$77.69$2.71
Oct 2023OXY USA00$85.64$2.98
Sep 2023OXY USA00$89.43$2.64
Aug 2023OXY USA00$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 STRAIN. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Owl Ops LLC.

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  • A month that was never paid
  • Your share of the barrels and mcf
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  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorOwl Ops LLCFieldSpraberry (Trend Area)CountyMartin County

Owl Ops LLC in Martin County

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Spraberry (Trend Area) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

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 Jul 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 29373, 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.