TXL L
TXL L is a Texas gas lease in Midland County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 188,662 thousand cubic feet. 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 $617K, with roughly $103K 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 3,389 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 4,984 thousand cubic feet. 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 L
- Who operates TXL L?
- TXL L is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is TXL L?
- TXL L is a Texas gas lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291259.
- Is TXL L still producing?
- TXL L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL L is August 2026.
- How much has TXL L produced?
- TXL L has reported 188,662 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is TXL L worth?
- The remaining production from TXL L is estimated to be worth about $617K in total as of 26 August 2026, within a range of $512K to $722K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL L is a fraction of it. The estimate fits an Arps decline curve to the production TXL L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL L is an estimate of value, not an offer and not an appraisal.
- How much income does TXL L generate in a year?
- TXL L is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL L receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Dora Roberts (Devonian) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 291259 |
| Wellbores | 1 |
| Reported production | 188,662 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $617K |
Where TXL L 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.