TXL
TXL is a Texas oil 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 June 2007 to August 2026, totalling 105,659 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 $336K, with roughly $56K 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 67 barrels a month. Its strongest month on the record we hold was July 2016, at 225 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates TXL?
- TXL is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is TXL?
- TXL is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38332.
- Is TXL still producing?
- TXL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL is August 2026.
- How much has TXL produced?
- TXL has reported 105,659 barrels of oil (bbl) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is TXL worth?
- The remaining production from TXL is estimated to be worth about $336K in total as of 26 August 2026, within a range of $185K to $488K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL is a fraction of it. The estimate fits an Arps decline curve to the production TXL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL is an estimate of value, not an offer and not an appraisal.
- How much income does TXL generate in a year?
- TXL is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 38332 |
| Wellbores | 1 |
| Reported production | 105,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $336K |
Where TXL 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.