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Texas oil lease

Producing

UL LEAD KING 4035-16

Ul Lead King 4035-16 is an oil lease in Ward County, Texas, operated by WPX Energy Permian, LLC in the Phantom (Wolfcamp) field.

1 well

15,160bbl oil, last 12 months+9% vs prior year
RRC lease
08-48892

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
8,830 mcf
Oil in Jul 2026
1,435 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.

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Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for UL LEAD KING 4035-16, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 15,160 bbl in the 12 months through Jul 2026, against 13,849 bbl in the 12 months before.Last 12 months: 15,160 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for UL LEAD KING 4035-16, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 15,160 bbl in the 12 months through Jul 2026, against 13,849 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 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 4035-16 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 4035-16 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 4035-16
API numberWell no.Status
42-475-371031HActive

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 gasGathers100Feb 1, 2020Jul 21, 2025
Targa Delaware LLCCasinghead gasBuys100Feb 1, 2020Jul 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
Energy Transfer CompanyCasinghead gasGathers100Dec 31, 2016Feb 1, 2020

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

640 acres on the newest permit

Permits for Ul Lead King 4035-16
API numberWell no.Acreson the permit
42-475-371031H640

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

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 4035-16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026WPX Energy1,4351,3731,5311,5310$80.46$2.89
Jun 2026WPX Energy8488239269260$84.81$3.15
May 2026WPX Energy1,6651,7231,7991,7990$102.13$2.94
Apr 2026WPX Energy7951,2087277270$100.32$2.77
Mar 2026WPX Energy688918478470$91.38$3.04
Feb 2026WPX Energy1,1751,0521,0001,0000$64.51$3.62
Jan 2026WPX Energy1,4341,4493733730$60.04$7.72
Dec 2025WPX Energy1,4461,4622252250$57.97$4.26
Nov 2025WPX Energy1,3591,3911221220$60.06$3.79
Oct 2025WPX Energy1,4661,3901831830$60.89$3.19
Sep 2025WPX Energy1,3711,7464064060$63.96$2.97
Aug 2025WPX Energy1,4781,4206916910$64.86$2.91
Jul 2025WPX Energy1,4641,4147187180$68.39$3.20
Jun 2025WPX Energy1,0621,1136236230$68.17$3.02
May 2025WPX Energy1,4861,5088888880$62.17$3.12
Apr 2025WPX Energy1,4451,3601,2611,2610$63.54$3.42
Mar 2025WPX Energy1,7101,6611,5691,5690$68.24$4.12
Feb 2025WPX Energy00000$71.53$4.19
Jan 2025WPX Energy2903381491490$75.74$4.13
Dec 2024WPX Energy1,5591,4721,2591,2590$70.12$3.01
Nov 2024WPX Energy6116505645640$69.95$2.12
Oct 2024WPX Energy1,2671,2821,1541,1540$71.99$2.20
Sep 2024WPX Energy1,6441,7391,5431,5430$70.24$2.28
Aug 2024WPX Energy1,3119241,1331,1330$76.68$1.99
Jul 2024WPX Energy00000$81.80$2.07
Jun 2024WPX Energy2120000$79.77$2.54
May 2024WPX Energy053000$80.02$2.12
Apr 2024WPX Energy3223221911910$85.35$1.60
Mar 2024WPX Energy1,2751,3681,0711,0710$81.28$1.49
Feb 2024WPX Energy1,3211,2609999990$77.25$1.72
Jan 2024WPX Energy6578077007000$74.15$3.18
Dec 2023WPX Energy1,1511,2377717710$71.90$2.52
Nov 2023WPX Energy1,4521,5041,2151,2150$77.69$2.71
Oct 2023WPX Energy1,1701,3461,0401,0400$85.64$2.98
Sep 2023WPX Energy1,3721,2631,3271,3270$89.43$2.64
Aug 2023WPX Energy1,2881,3041,2461,2460$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

Phantom (Wolfcamp) field

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