Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 47501

Producing

WAHA

Waha is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Sandbar (Bone Spring) field. The Railroad Commission shows 649,236 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 16 wells

649,236bbl oil, last 12 months−31% vs prior year
Operator
VTX Energy Operating, LLC
County
Reeves County
Field
Sandbar (Bone Spring)
RRC lease
08-47501

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas, last 12 months
1,335,604 mcf
Oil in Jul 2026
122,201 bbl
Reporting to the state
since Jan 2020
Wells
16

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 31% over the last 12 months

649,236 bbl in the 12 months through Jul 2026, against 935,099 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WAHA, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 649,236 bbl in the 12 months through Jul 2026, against 935,099 bbl in the 12 months before.Last 12 months: 649,236 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WAHA, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 649,236 bbl in the 12 months through Jul 2026, against 935,099 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 47501, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since May 2024 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 35.4% of the gas in May 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of WAHA gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 35.4% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: line to plantFlared 35.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of WAHA gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 35.4% of the gas in May 2024.Share of gas by disposition code0%50%100%May 24: line to plantFlared 35.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 47501, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

None of the gas was flared in the last 12 months. 3 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 3 times, most recently in Jul 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

Wells on this lease

Every well the Railroad Commission links to oil lease 47501 in district 08. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Pipeline L.p. gathers it.

    100% of it, on the list since May 31, 2024

  • Gas from oil wells

    Vaquero Permian Processing LLC buys and gathers it.

    Vaquero Permian Processing LLC buys it: 100% of it, on the list since May 31, 2024 · Vaquero Permian Processing LLC gathers it: 100% of it, on the list since May 31, 2024

Companies that used to be listed: Targa Midstream Services LLC (gathers it, until May 31, 2024); Targa Midstream Services LLC (buys it, until May 31, 2024); Medallion Operating Company, LLC (gathers it, until May 31, 2024); Shell Trading (Us) Company (gathers it, until May 31, 2024); Trafigura Trading LLC (gathers it, until Feb 1, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

3,840 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
1616 not plugged
Horizontal
13
First completion
Jul 28, 2013
Latest permit
Jan 9, 2025

16 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Waha
API numberWell no.Acreson the permit
42-389-41553E610H3,840
42-389-41554E611H3,840
42-389-41535E 69H3,840
42-389-41536E 37H3,840
42-389-40826C 68H3,840
42-389-40828C 34H3,840
42-389-40830C 36H3,840
42-389-40832C 65H3,840
42-389-40833C 66H3,840
42-389-40834C 67H3,840
42-389-361353801NH3,840
42-389-335874013,840

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WAHA sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for WAHA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026VTX Energy122,201122,127188,497188,4970$80.46$2.89
Jun 2026VTX Energy114,517114,580156,662156,59567$84.81$3.15
May 2026VTX Energy70,04869,366108,762108,7620$102.13$2.94
Apr 2026VTX Energy27,89428,04373,27173,2710$100.32$2.77
Mar 2026VTX Energy33,16433,03289,43689,40630$91.38$3.04
Feb 2026VTX Energy31,77631,98484,40684,4060$64.51$3.62
Jan 2026VTX Energy37,49837,353105,536105,5288$60.04$7.72
Dec 2025VTX Energy40,13440,177113,209113,2090$57.97$4.26
Nov 2025VTX Energy39,49539,587107,053107,0530$60.06$3.79
Oct 2025VTX Energy42,57342,629104,225104,2250$60.89$3.19
Sep 2025VTX Energy42,58542,58098,86798,8670$63.96$2.97
Aug 2025VTX Energy47,35147,288105,680105,6800$64.86$2.91
Jul 2025VTX Energy48,24748,18493,40593,39411$68.39$3.20
Jun 2025VTX Energy43,09843,27294,94394,84598$68.17$3.02
May 2025VTX Energy53,38653,683111,150110,917233$62.17$3.12
Apr 2025VTX Energy57,07856,853111,319111,29821$63.54$3.42
Mar 2025VTX Energy65,91166,100126,623126,6149$68.24$4.12
Feb 2025VTX Energy62,70162,488107,357107,30156$71.53$4.19
Jan 2025VTX Energy76,35376,564142,851142,76982$75.74$4.13
Dec 2024VTX Energy81,61281,388129,867129,626241$70.12$3.01
Nov 2024VTX Energy81,10181,520119,206119,11393$69.95$2.12
Oct 2024VTX Energy108,467107,912156,675155,921754$71.99$2.20
Sep 2024VTX Energy126,808127,159148,615148,365250$70.24$2.28
Aug 2024VTX Energy130,337130,006135,247135,19750$76.68$1.99
Jul 2024VTX Energy107,987108,5027,8237,520303$81.80$2.07
Jun 2024VTX Energy74,64174,30881,43580,1491,286$79.77$2.54
May 2024VTX Energy17,45017,29819,72112,5826,987$80.02$2.12
Apr 2024VTX Energy4,3803,9362,9742,707186$85.35$1.60
Mar 2024VTX Energy4,4274,5424,0864,0320$81.28$1.49
Feb 2024VTX Energy4,9004,8163,1463,0840$77.25$1.72
Jan 2024VTX Energy4,5114,5602,1102,0500$74.15$3.18
Dec 2023VTX Energy6,0776,2504,1094,0410$71.90$2.52
Nov 2023VTX Energy3,4332,9775,5435,4770$77.69$2.71
Oct 2023VTX Energy3,1673,2987,8557,7798$85.64$2.98
Sep 2023VTX Energy5,3425,2368,5818,4580$89.43$2.64
Aug 2023VTX Energy4,3894,4293,2293,1240$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for WAHA. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask VTX Energy Operating, LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorVTX Energy Operating, LLCFieldSandbar (Bone Spring)CountyReeves County

VTX Energy Operating, LLC in Reeves County

All VTX Energy Operating, LLC leases →

Sandbar (Bone Spring) field

All leases in this field →

New drilling permits in Reeves County

We do not have coordinates for this lease, so these are the newest permits in its county.

No recent drilling permits found for this area.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 47501, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.