Skip to content
Royalty Clerk

Texas oil lease

Producing

UL ELK VALLEY 3-39

Ul Elk Valley 3-39 is an oil lease in Andrews County, Texas, operated by Sabalo II Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

6,102bbl oil, last 12 months
Operator
Sabalo II Operating, LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-62920

Is your check right?

Check my statement

Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
6,343 mcf
Oil in Jul 2026
676 bbl

Production by month

Oil output fell 50% since Feb 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 50% since Feb 2025Monthly oil production and gas for UL ELK VALLEY 3-39, Feb 2025 to Jul 2026. Oil output fell 50% since Feb 2025. Monthly average of 481 bbl in the latest 3 months, against 955 bbl in the first 3.Last 12 months: 6,102 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Apr 25JulOctJan 26AprJul
Oil output fell 50% since Feb 2025Monthly oil production and gas for UL ELK VALLEY 3-39, Feb 2025 to Jul 2026. Oil output fell 50% since Feb 2025. Monthly average of 481 bbl in the latest 3 months, against 955 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 90.3% of the gas in May 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of UL ELK VALLEY 3-39 gas by disposition code each month, Feb 2025 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 90.3% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantFlared 90.3%Apr 25JulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of UL ELK VALLEY 3-39 gas by disposition code each month, Feb 2025 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 90.3% of the gas in May 2025.Share of gas by disposition code0%50%100%Jul 26: fuel to plantFlared 90.3%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 5,808 mcf

  • Lease fuel (1)

    13% · 1,033 mcf

  • Flared (4)

    11% · 843 mcf

11.0% of the gas flared in the last 12 months. 11 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers80Aug 1, 2025–
Plains Marketing, L.p.OilGathers20Aug 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Feb 26, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Feb 26, 2025–
Centurion Pipeline L.p.OilGathers100Feb 26, 2025Aug 1, 2025

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

Who buys my oilOil price check

1,282 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Ul Elk Valley 3-39
API numberWell no.Acreson the permit
42-003-465801LS1,282
42-003-466761MS1,282

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

Unit decimal checker

Estimate your royalty

18 months, newest first

Ledger for UL ELK VALLEY 3-39
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266766564912544$80.46$2.89
Jun 20265975704812220$84.81$3.15
May 20261702162001202$102.13$2.94
Apr 2026309299263153110$100.32$2.77
Mar 2026245257253142111$91.38$3.04
Feb 202629230630625650$64.51$3.62
Jan 2026471469000$60.04$7.72
Dec 20256516447696678$57.97$4.26
Nov 202552952456047585$60.06$3.79
Oct 202566071078762661$60.89$3.19
Sep 20256847041,008632266$63.96$2.97
Aug 20258188231,2251,04026$64.86$2.91
Jul 20258788941,3411,221120$68.39$3.20
Jun 20258328061,268424844$68.17$3.02
May 20259949661,5951551,440$62.17$3.12
Apr 20251,0581,1081,1510651$63.54$3.42
Mar 20251,7181,574629025$68.24$4.12
Feb 2025897410100$71.53$4.19

Flared above 3%

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorSabalo II Operating, LLCFieldSpraberry (Trend Area)CountyAndrews County

Sabalo II Operating, LLC in Andrews County

All Sabalo II Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Andrews County

Newest in the county: this lease has no coordinates.