Skip to content
Royalty Clerk

Texas oil lease

Producing

TXL

TXL is an oil lease in Midland County, Texas, operated by Continental Resources, Inc. in the Spraberry (Trend Area) field.

1 well

762bbl oil, last 12 months−21% vs prior year
Operator
Continental Resources, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-38332

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
7,823 mcf
Oil in Jul 2026
48 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for TXL, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 762 bbl in the 12 months through Jul 2026, against 959 bbl in the 12 months before.Last 12 months: 762 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for TXL, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 762 bbl in the 12 months through Jul 2026, against 959 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 54.9% of the gas in Sep 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of TXL gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 54.9% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: line to plantFlared 54.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of TXL gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 54.9% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Nov 23: line to plantFlared 54.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 6,687 mcf

  • Flared (4)

    15% · 1,136 mcf

14.5% of the gas flared in the last 12 months. 29 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2023; Continental Resources, Inc., Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023OXY USA WTP LPJan 2020 to Oct 2023Continental Resources, Inc.Nov 2023 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2023; Continental Resources, Inc., Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023OXY USA WTP LPJan 2020 to Oct 2023Continental Resources, Inc.Nov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TXL
API numberWell no.Status
42-329-356643301Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Sep 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Sep 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Sep 1, 2025
Centurion Pipeline L.p.OilGathers100Jul 1, 2009Sep 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for TXL
API numberWell no.Acreson the permit
42-329-356643301320

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

Unit decimal checker

What Continental Resources, Inc. told investors it received

Continental Resources, Inc. is linked to Continental Resources, Inc. (CLR).
Realized prices reported by Continental Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.81SEC filing
Q1 2026$71.54SEC filing
Q3 2025$65.11SEC filing
Q2 2025$62.52SEC filing
Q1 2025$70.26SEC filing
Q3 2024$74.80SEC filing

SourceContinental Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for TXL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Continental Resources,485947737998$80.46$2.89
Jun 2026Continental Resources,576169159992$84.81$3.15
May 2026Continental Resources,716571662987$102.13$2.94
Apr 2026Continental Resources,656076668185$100.32$2.77
Mar 2026Continental Resources,717278970386$91.38$3.04
Feb 2026Continental Resources,663564961336$64.51$3.62
Jan 2026Continental Resources,343266359172$60.04$7.72
Dec 2025Continental Resources,374755946099$57.97$4.26
Nov 2025Continental Resources,515858048694$60.06$3.79
Oct 2025Continental Resources,628268459886$60.89$3.19
Sep 2025Continental Resources,13712757348192$63.96$2.97
Aug 2025Continental Resources,6370676467209$64.86$2.91
Jul 2025Continental Resources,7062924697227$68.39$3.20
Jun 2025Continental Resources,757689181180$68.17$3.02
May 2025Continental Resources,74651,1371,04493$62.17$3.12
Apr 2025Continental Resources,5763779398381$63.54$3.42
Mar 2025Continental Resources,7369917711206$68.24$4.12
Feb 2025Continental Resources,666688081367$71.53$4.19
Jan 2025Continental Resources,82851,1081,02781$75.74$4.13
Dec 2024Continental Resources,881011,1361,05680$70.12$3.01
Nov 2024Continental Resources,1099398991772$69.95$2.12
Oct 2024Continental Resources,80791,1171,03582$71.99$2.20
Sep 2024Continental Resources,511131,054475579$70.24$2.28
Aug 2024Continental Resources,1341311,0911,04942$76.68$1.99
Jul 2024Continental Resources,1761231,0851,03946$81.80$2.07
Jun 2024Continental Resources,28268078070$79.77$2.54
May 2024Continental Resources,36311,0441,01133$80.02$2.12
Apr 2024Continental Resources,878577575916$85.35$1.60
Mar 2024Continental Resources,97988898890$81.28$1.49
Feb 2024Continental Resources,88897507500$77.25$1.72
Jan 2024Continental Resources,10710396693531$74.15$3.18
Dec 2023Continental Resources,95981,002659343$71.90$2.52
Nov 2023Continental Resources,968296293230$77.69$2.71
Oct 2023OXY USA57601,0241,0240$85.64$2.98
Sep 2023OXY USA66771,0001,0000$89.43$2.64
Aug 2023OXY USA50317197190$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorContinental Resources, Inc.FieldSpraberry (Trend Area)CountyMidland County

Continental Resources, Inc. in Midland County

All Continental Resources, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km