TXL 21X
TXL 21X is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 615,701 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 $861K, with roughly $519K 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 1,135 barrels a month, about 378 per wellbore. Its strongest month on the record we hold was May 2017, at 45,330 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 21X
- Who operates TXL 21X?
- TXL 21X is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is TXL 21X?
- TXL 21X is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48869.
- Is TXL 21X still producing?
- TXL 21X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL 21X is August 2026.
- How much has TXL 21X produced?
- TXL 21X has reported 615,701 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 3 wellbores.
- How much is TXL 21X worth?
- The remaining production from TXL 21X is estimated to be worth about $861K in total as of 26 August 2026, within a range of $715K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL 21X is a fraction of it. The estimate fits an Arps decline curve to the production TXL 21X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL 21X is an estimate of value, not an offer and not an appraisal.
- How much income does TXL 21X generate in a year?
- TXL 21X is forecast to net about $519K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL 21X receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48869 |
| Wellbores | 3 |
| Reported production | 615,701 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $861K |
Where TXL 21X 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.