TXL 35 UNIT 1
TXL 35 UNIT 1 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 11 wellbores on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 3,354,429 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $18.5M, with roughly $10.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 4,358 barrels a month, about 396 per wellbore. Its strongest month on the record we hold was November 2019, at 193,512 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about TXL 35 UNIT 1
- Who operates TXL 35 UNIT 1?
- TXL 35 UNIT 1 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is TXL 35 UNIT 1?
- TXL 35 UNIT 1 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50407.
- Is TXL 35 UNIT 1 still producing?
- TXL 35 UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL 35 UNIT 1 is August 2026.
- How much has TXL 35 UNIT 1 produced?
- TXL 35 UNIT 1 has reported 3,354,429 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 11 wellbores.
- How much is TXL 35 UNIT 1 worth?
- The remaining production from TXL 35 UNIT 1 is estimated to be worth about $18.5M in total as of 27 August 2026, within a range of $15.3M to $21.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL 35 UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production TXL 35 UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL 35 UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does TXL 35 UNIT 1 generate in a year?
- TXL 35 UNIT 1 is forecast to net about $10.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TXL 35 UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 50407 |
| Wellbores | 11 |
| Reported production | 3,354,429 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.5M |
Where TXL 35 UNIT 1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.