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Texas oil lease · RRC district 05 · Lease 03172

No report in 6+ months

BANCROFT

Bancroft is an oil lease in Navarro County, Texas, operated by MLB Operating Services, LLC in the Corsicana (Shallow) field.

Oil lease dossier · 2 wells

0bbl oil, last 12 months
RRC lease
05-03172

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Where it sits

This county

Navarro CountyNavarroVan ZandtHillEllisKaufmanHendersonFreestoneNavarro County
Navarro County · RRC district 05Open Navarro County →
Oil in Sep 2024
0 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Sep 2024

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).

No oil produced in the last 12 months

The last month with output was Jun 2023, at 4 bbl.

  • Oil (bars, left axis)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for BANCROFT, Oct 2021 to Sep 2024. No oil produced in the last 12 months. The last month with output was Jun 2023, at 4 bbl.Last 12 months: 0 bblbbl per month05101520Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
No oil produced in the last 12 monthsMonthly oil production for BANCROFT, Oct 2021 to Sep 2024. No oil produced in the last 12 months. The last month with output was Jun 2023, at 4 bbl.Last 12 monthsbbl per month05101520Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, oil lease 03172, district 05. 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 Jul 2020

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 timeAzteca Petroleum, LLC, Jan 2020 to Jun 2020; MLB Operating Services, LLC, Jul 2020 to Sep 202420202021202220232024Changed Jul 2020Azteca Petroleum, LLCJan 2020 to Jun 2020MLB Operating Services, LLCJul 2020 to now
Operators of this lease over timeAzteca Petroleum, LLC, Jan 2020 to Jun 2020; MLB Operating Services, LLC, Jul 2020 to Sep 202420202021202220232024Changed Jul 2020Azteca Petroleum, LLCJan 2020 to Jun 2020MLB Operating Services, LLCJul 2020 to now

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 03172 in district 05. The API number is the state’s ID for a well.
Wells on BANCROFT
API numberWell no.Status
42-349-341101Shut-in
42-349-341503UShut-in

SourceTexas Railroad Commission Wellbore Query, district 05, lease 03172.

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

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Jul 1, 2020

Companies that used to be listed: Reo Gathering, LLC (gathers it, until Jul 1, 2020).

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.

Unit and wells

42.20 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
22 not plugged
Horizontal
0
First completion
Sep 13, 1987
Latest permit
Oct 29, 1987

The wells on this lease state different acreage

The permits state between 37.2 and 42.2 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Bancroft
API numberWell no.Acreson the permit
42-349-341503U42.20
42-349-34110137.20

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.

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 BANCROFT sold each month.

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

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 BANCROFT
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Sep 2024MLB Operating00$70.24$2.28
Aug 2024MLB Operating00$76.68$1.99
Jul 2024MLB Operating00$81.80$2.07
Jun 2024MLB Operating00$79.77$2.54
May 2024MLB Operating00$80.02$2.12
Apr 2024MLB Operating00$85.35$1.60
Mar 2024MLB Operating00$81.28$1.49
Feb 2024MLB Operating00$77.25$1.72
Jan 2024MLB Operating00$74.15$3.18
Dec 2023MLB Operating00$71.90$2.52
Nov 2023MLB Operating00$77.69$2.71
Oct 2023MLB Operating00$85.64$2.98
Sep 2023MLB Operating00$89.43$2.64
Aug 2023MLB Operating00$81.39$2.58
Jul 2023MLB Operating00$76.07$2.55
Jun 2023MLB Operating40$70.25$2.18
May 2023MLB Operating20$71.58$2.15
Apr 2023MLB Operating40$79.45$2.16
Mar 2023MLB Operating40$73.28$2.31
Feb 2023MLB Operating120$76.83$2.38
Jan 2023MLB Operating120$78.12$3.27
Dec 2022MLB Operating150$76.44$5.53
Nov 2022MLB Operating120$84.37$5.45
Oct 2022MLB Operating140$87.55$5.66
Sep 2022MLB Operating140$84.26$7.88
Aug 2022MLB Operating150$93.67$8.81
Jul 2022MLB Operating160$101.62$7.28
Jun 2022MLB Operating00$114.84$7.70
May 2022MLB Operating130$109.55$8.14
Apr 2022MLB Operating00$101.78$6.60
Mar 2022MLB Operating00$108.50$4.90
Feb 2022MLB Operating00$91.64$4.69
Jan 2022MLB Operating00$83.22$4.38
Dec 2021MLB Operating00$71.71$3.76
Nov 2021MLB Operating00$79.15$5.05
Oct 2021MLB Operating00$81.48$5.51

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).

Check your statements

Do your checks match this lease?

Upload your statements for BANCROFT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask MLB Operating Services, LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

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

MLB Operating Services, LLC in Navarro County

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

Corsicana (Shallow) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

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 Sep 2024?

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 03172, district 05, 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.