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Producing

UL LEAD KING 344035-16 B

Ul Lead King 344035-16 B is an oil lease in Ward County, Texas, operated by WPX Energy Permian, LLC in the Phantom (Wolfcamp) field.

1 well

16,679bbl oil, last 12 months−13% vs prior year
Operator
WPX Energy Permian, LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-52436

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
31,773 mcf
Oil in Jul 2026
1,868 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CARDINAL DELAWARE BASIN, LLC, DELAWARE BASIN MIDSTREAM LLC, ETC TEXAS P/L, LTD and 2 more replaced TARGA DELAWARE LLC as the buyer of this lease's gas from oil wells on Jul 21, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for UL LEAD KING 344035-16 B, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 16,679 bbl in the 12 months through Jul 2026, against 19,162 bbl in the 12 months before.Last 12 months: 16,679 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for UL LEAD KING 344035-16 B, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 16,679 bbl in the 12 months through Jul 2026, against 19,162 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kJan 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

All of the gas went to a processing plant in the last 12 monthsShare of UL LEAD KING 344035-16 B 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UL LEAD KING 344035-16 B 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2020

Operators of this lease over timeFelix Energy Holdings II, LLC, Jan 2020 to Apr 2020; WPX Energy Permian, LLC, May 2020 to Jul 20262020202120222023202420252026Changed May 2020Felix Energy Holdings II, LLCJan 2020 to Apr 2020WPX Energy Permian, LLCMay 2020 to now
Operators of this lease over timeFelix Energy Holdings II, LLC, Jan 2020 to Apr 2020; WPX Energy Permian, LLC, May 2020 to Jul 20262020202120222023202420252026Changed May 2020Felix Energy Holdings II, LLCJan 2020 to Apr 2020WPX Energy Permian, LLCMay 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UL LEAD KING 344035-16 B
API numberWell no.Status
42-475-376802HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Stateline Crude, LLCOilGathers60Jul 21, 2025–
Concord Crude Oil Marketing LLCOilGathers10Jul 21, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers10Jul 21, 2025–
Plains Pipeline L.p.OilGathers10Jul 21, 2025–
Enterprise Crude Oil LLCOilGathers5Jul 21, 2025–
Shell Trading (Us) CompanyOilGathers5Jul 21, 2025–
Stateline Processing, LLCCasinghead gasBuys80Jul 21, 2025–
Cardinal Delaware Basin, LLCCasinghead gasBuys5Jul 21, 2025–
Delaware Basin Midstream LLCCasinghead gasBuys5Jul 21, 2025–
Etc Texas P/L, LTDCasinghead gasBuys5Jul 21, 2025–
Markwest Energy W TX Gas Co, LLCCasinghead gasBuys5Jul 21, 2025–
Stateline Gathering, LLCCasinghead gasGathers100Jul 21, 2025–
Targa Delaware LLCCasinghead gasGathers100Jul 2, 2019Jul 21, 2025
Targa Delaware LLCCasinghead gasBuys100Jul 2, 2019Jul 21, 2025
Plains Marketing, L.p.OilGathers5Feb 1, 2020Jul 21, 2025
Plains Pipeline L.p.OilGathers90Feb 1, 2020Jul 21, 2025
Rocky Mountain Crude Oil LLCOilGathers5Feb 1, 2020Jul 21, 2025
Concord Crude Oil Marketing LLCOilGathers1Jul 2, 2019Feb 1, 2020

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

Who buys my oilOil price check

1,707.56 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ul Lead King 344035-16 B
API numberWell no.Acreson the permit
42-475-376802H1,707.56

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

Unit decimal checker

What Devon Energy Corporation told investors it received

WPX Energy Permian, LLC is linked to Devon Energy Corporation (DVN).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$69.66SEC filing
Q4 2025$57.19SEC filing
Q3 2025$63.21SEC filing
Q2 2025$61.70SEC filing
Q1 2025$69.13SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UL LEAD KING 344035-16 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026WPX Energy1,8681,7037,0007,0000$80.46$2.89
Jun 2026WPX Energy1,6081,5933,8563,8560$84.81$3.15
May 2026WPX Energy8057449679670$102.13$2.94
Apr 2026WPX Energy098000$100.32$2.77
Mar 2026WPX Energy1,3501,4381,5071,5070$91.38$3.04
Feb 2026WPX Energy1,5151,5181,6211,6210$64.51$3.62
Jan 2026WPX Energy1,7721,6871,9731,9730$60.04$7.72
Dec 2025WPX Energy1,3911,3762,0252,0250$57.97$4.26
Nov 2025WPX Energy1,4161,4201,4771,4770$60.06$3.79
Oct 2025WPX Energy1,3671,3461,7951,7950$60.89$3.19
Sep 2025WPX Energy1,6641,7764,3594,3590$63.96$2.97
Aug 2025WPX Energy1,9231,9115,1935,1930$64.86$2.91
Jul 2025WPX Energy1,8581,8854,0154,0150$68.39$3.20
Jun 2025WPX Energy1,8061,8954,3004,3000$68.17$3.02
May 2025WPX Energy1,6341,6013,2943,2940$62.17$3.12
Apr 2025WPX Energy1,1911,1052,0952,0950$63.54$3.42
Mar 2025WPX Energy1,9211,8493,9583,9580$68.24$4.12
Feb 2025WPX Energy5714961,2581,2580$71.53$4.19
Jan 2025WPX Energy3845297447440$75.74$4.13
Dec 2024WPX Energy2,2492,2084,6734,6730$70.12$3.01
Nov 2024WPX Energy1,8221,8464,1154,1150$69.95$2.12
Oct 2024WPX Energy2,0872,0524,6404,6400$71.99$2.20
Sep 2024WPX Energy2,3562,2984,7784,7780$70.24$2.28
Aug 2024WPX Energy1,2831,2261,8791,8790$76.68$1.99
Jul 2024WPX Energy00000$81.80$2.07
Jun 2024WPX Energy0155000$79.77$2.54
May 2024WPX Energy1,4591,4292,1102,1100$80.02$2.12
Apr 2024WPX Energy1,5681,4832,1832,1830$85.35$1.60
Mar 2024WPX Energy5285444944940$81.28$1.49
Feb 2024WPX Energy9801,0431,2161,2160$77.25$1.72
Jan 2024WPX Energy1,4491,4092,7572,7570$74.15$3.18
Dec 2023WPX Energy1,1861,1741,9371,9370$71.90$2.52
Nov 2023WPX Energy1,2661,2522,1312,1310$77.69$2.71
Oct 2023WPX Energy1,1311,1201,7401,7400$85.64$2.98
Sep 2023WPX Energy6266817767760$89.43$2.64
Aug 2023WPX Energy1,6521,6471,9141,9140$81.39$2.58

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

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Nearby

This lease belongs to

OperatorWPX Energy Permian, LLCFieldPhantom (Wolfcamp)CountyWard County

WPX Energy Permian, LLC in Ward County

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