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Royalty Clerk

Video · 65 seconds · captions on

Loving County in 60 seconds (Texas)

Loving County, Texas in 60 seconds: 172 million barrels of oil in the 12 months to July 2026, third in Texas; 408 drilling permits in the last year; 82 leases that changed operator in two years; 9 new wells with first checks coming due, and the price behind your check. From Railroad Commission and EIA records, as of September 30, 2026.

Transcript

Loving County, Texas, in 60 seconds. In a year it reported about 170 million barrels of oil. That is third in Texas, 9 percent of the state. The state issued 408 drilling permits. 242 wells were completed, and 156 reported first production. Anadarko operates the most, about 36 percent. And 82 leases changed operator in two years. 27 went from Diamondback to TRP. If yours did, check your decimal. WTI averaged $84 in August. Your check is barrels times price times your decimal. 9 new wells have first checks due, starting October 28. Texas allows 120 days after the end of the month of first sale. Look up your Loving County lease, free. The sources are on screen.

Numbers are from Railroad Commission of Texas records (production to July 2026, permits and well records to September 30) and EIA prices. Operators are named as the state lists them.