TXL 18 UNIT 1

TXL 18 UNIT 1 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 9 wellbores on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 2,804,272 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.5M, with roughly $440K expected over the next twelve months.

OperatorXto Energy Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number61389
Wellbores9
Reported production2,804,272 bbl
First reportedMarch 2023
Last reportedAugust 2026
Estimated royalty value$1.5M

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.