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Royalty Clerk

Texas oil lease · RRC district 8A · Lease 61118

Producing

7307 JV-D WEBB

7307 JV-D Webb is an oil lease in Yoakum County, Texas, operated by Libertad Operating LLC in the Brahaney field. The Railroad Commission shows 4,126 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 6 wells

4,126bbl oil, last 12 months−16% vs prior year
Operator
Libertad Operating LLC
County
Yoakum County
Field
Brahaney
RRC lease
8A-61118

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County · RRC district 8AOpen Yoakum County →
Oil in Jun 2026
359 bbl
Reporting to the state
since Jan 2020
Wells
6
Data through
Jun 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 16% over the last 12 months

3,780 bbl in the 12 months through Jul 2026, against 4,476 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production for 7307 JV-D WEBB, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 3,780 bbl in the 12 months through Jul 2026, against 4,476 bbl in the 12 months before.Last 12 months: 3,780 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production for 7307 JV-D WEBB, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 3,780 bbl in the 12 months through Jul 2026, against 4,476 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 61118, district 8A. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Aug 2025

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeBta Oil Producers, LLC, Jan 2020 to Jul 2025; Libertad Operating LLC, Aug 2025 to Jun 20262020202120222023202420252026Changed Aug 2025Bta Oil Producers, LLCJan 2020 to Jul 2025Libertad Operating LLCAug 2025 to now
Operators of this lease over timeBta Oil Producers, LLC, Jan 2020 to Jul 2025; Libertad Operating LLC, Aug 2025 to Jun 20262020202120222023202420252026Changed Aug 2025Bta Oil Producers, LLCJan 2020 to Jul 2025Libertad Operating LLCAug 2025 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

6 wells on this lease

Every well the Railroad Commission links to oil lease 61118 in district 8A. The API number is the state’s ID for a well.
Wells on 7307 JV-D WEBB
API numberWell no.Status
42-501-307671WActive
42-501-307802Active
42-501-308133WActive
42-501-329864Active
42-501-356137Active
42-501-356245YActive

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 61118.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Bml, Inc. B gathers it.

    100% of it, on the list since Dec 13, 2025

Companies that used to be listed: Sentinel Transportation, LLC (gathers it, until Dec 13, 2025); Bml, Inc. B (gathers it, until Aug 1, 2025); Oasis Transp & Marketing Corp. (gathers it, until Aug 1, 2025); Bml, Inc. B (gathers it, until May 2, 2025); Oasis Transp & Marketing Corp. (gathers it, until May 2, 2025); Sentinel Transportation, LLC (gathers it, until May 2, 2025).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

320 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
82 not plugged
Horizontal
0
First completion
Nov 5, 1973
Latest permit
Nov 24, 2009

8 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for 7307 JV-D Webb
API numberWell no.Acreson the permit
42-501-356245Y320
42-501-356137320
42-501-329864320
42-501-307671–
42-501-307671W–
42-501-307802–
42-501-308133–
42-501-308133W–

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says 7307 JV-D WEBB sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for 7307 JV-D WEBB
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Libertad Operating359351$84.81$3.15
May 2026Libertad Operating382323$102.13$2.94
Apr 2026Libertad Operating348351$100.32$2.77
Mar 2026Libertad Operating245367$91.38$3.04
Feb 2026Libertad Operating313359$64.51$3.62
Jan 2026Libertad Operating332180$60.04$7.72
Dec 2025Libertad Operating328356$57.97$4.26
Nov 2025Libertad Operating353361$60.06$3.79
Oct 2025Libertad Operating362345$60.89$3.19
Sep 2025Libertad Operating384370$63.96$2.97
Aug 2025Libertad Operating374554$64.86$2.91
Jul 2025Bta Oil346368$68.39$3.20
Jun 2025Bta Oil371356$68.17$3.02
May 2025Bta Oil410549$62.17$3.12
Apr 2025Bta Oil374355$63.54$3.42
Mar 2025Bta Oil410360$68.24$4.12
Feb 2025Bta Oil339364$71.53$4.19
Jan 2025Bta Oil385372$75.74$4.13
Dec 2024Bta Oil374367$70.12$3.01
Nov 2024Bta Oil384370$69.95$2.12
Oct 2024Bta Oil415556$71.99$2.20
Sep 2024Bta Oil309508$70.24$2.28
Aug 2024Bta Oil359185$76.68$1.99
Jul 2024Bta Oil383365$81.80$2.07
Jun 2024Bta Oil388363$79.77$2.54
May 2024Bta Oil422366$80.02$2.12
Apr 2024Bta Oil398530$85.35$1.60
Mar 2024Bta Oil434362$81.28$1.49
Feb 2024Bta Oil431363$77.25$1.72
Jan 2024Bta Oil420348$74.15$3.18
Dec 2023Bta Oil414535$71.90$2.52
Nov 2023Bta Oil484363$77.69$2.71
Oct 2023Bta Oil449544$85.64$2.98
Sep 2023Bta Oil316181$89.43$2.64
Aug 2023Bta Oil361529$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorLibertad Operating LLCFieldBrahaneyCountyYoakum County

Libertad Operating LLC in Yoakum County

No other producing leases from this operator in this county are in our data yet.

Brahaney field

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 61118, district 8A, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about 7307 JV-D WEBB

Who operates the 7307 JV-D WEBB lease?

The Railroad Commission lists Libertad Operating LLC (operator number 500295) as the operator of this lease in Yoakum County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the 7307 JV-D WEBB lease produced?

The lease reported 4,126 bbl of oil in the last 12 months through Jun 2026. Monthly figures for 35 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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