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Texas oil lease

Producing

UNDERWOOD 34-138 UNIT

Underwood 34-138 Unit is an oil lease in Ward County, Texas, operated by Anadarko E&P Onshore LLC in the Sandbar (Bone Spring) field.

1 well

3,302bbl oil, last 12 months+22% vs prior year
RRC lease
08-48695

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
3,399 mcf
Oil in Jul 2026
236 bbl

Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for UNDERWOOD 34-138 UNIT, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 3,302 bbl in the 12 months through Jul 2026, against 2,711 bbl in the 12 months before.Last 12 months: 3,302 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for UNDERWOOD 34-138 UNIT, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 3,302 bbl in the 12 months through Jul 2026, against 2,711 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of UNDERWOOD 34-138 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of UNDERWOOD 34-138 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

1 well on this lease

Wells on UNDERWOOD 34-138 UNIT
API numberWell no.Status
42-475-358071HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dbm Oil Services LLCOilGathers50Jul 1, 2023–
Eastex Crude Company, LLCOilGathers25Jul 1, 2023–
Plains Marketing, L.p.OilGathers25Jan 1, 2023–
Anadarko Energy Services CompanyCasinghead gasBuys100Nov 1, 2016–
Delaware Basin Midstream LLCCasinghead gasGathers100Jul 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Nov 1, 2016Jul 1, 2023
Dbm Oil Services, LLCOilGathers25Jan 1, 2023Jul 1, 2023
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Jul 1, 2023
Eastex Crude CompanyOilGathers20Nov 1, 2016Jan 1, 2023
Plains Marketing, L.p.OilGathers80Nov 1, 2016Jan 1, 2023

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

648.20 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Underwood 34-138 Unit
API numberWell no.Acreson the permit
42-475-358071H648.20

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

What Occidental Petroleum Corporation told investors it received

Anadarko E&P Onshore LLC is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNDERWOOD 34-138 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026236172000$80.46$2.89
Jun 2026100000$84.81$3.15
May 2026203183000$102.13$2.94
Apr 20260174000$100.32$2.77
Mar 20261480000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 2026148190000$60.04$7.72
Dec 20253903905805800$57.97$4.26
Nov 20254784186446440$60.06$3.79
Oct 20255847657387380$60.89$3.19
Sep 20255915397817810$63.96$2.97
Aug 20255143966566560$64.86$2.91
Jul 20254451251250$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 20250014140$63.54$3.42
Mar 2025325189000$68.24$4.12
Feb 20250036360$71.53$4.19
Jan 20251483562182180$75.74$4.13
Dec 20243963474974970$70.12$3.01
Nov 20244615745455450$69.95$2.12
Oct 20244243725855850$71.99$2.20
Sep 20244393745435430$70.24$2.28
Aug 20244744063693690$76.68$1.99
Jul 20243633404244240$81.80$2.07
Jun 20246265677627620$79.77$2.54
May 20247817469469460$80.02$2.12
Apr 20241833357647640$85.35$1.60
Mar 20241613694624620$81.28$1.49
Feb 2024316076760$77.25$1.72
Jan 20244435695985980$74.15$3.18
Dec 20235655577357350$71.90$2.52
Nov 20235785617547540$77.69$2.71
Oct 20236845529399390$85.64$2.98
Sep 20231621832762760$89.43$2.64
Aug 20233463655335330$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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