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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 16711

Shut in

BELKNAP

Belknap is an oil lease in Young County, Texas, operated by M2 Squared Operating, LLC in the Young County Regular field.

Oil lease dossier · 42 wells

0bbl oil, last 12 months
Operator
M2 Squared Operating, LLC
County
Young County
Field
Young County Regular
RRC lease
09-16711

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County · RRC district 09Open Young County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
42
Data through
Jul 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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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 Feb 2022

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 timeTam2 Squared Energy Services,llc, Jan 2020 to Jan 2022; M2 Squared Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022Tam2 Squared Energy Services,…Jan 2020 to Jan 2022M2 Squared Operating, LLCFeb 2022 to now
Operators of this lease over timeTam2 Squared Energy Services,llc, Jan 2020 to Jan 2022; M2 Squared Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022Tam2 Squared Energy Services,llcJan 2020 to Jan 2022M2 Squared Operating, LLCFeb 2022 to now

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

Wells

42 wells on this lease

Every well the Railroad Commission links to oil lease 16711 in district 09. The API number is the state’s ID for a well.
Wells on BELKNAP
API numberWell no.Status
42-503-0228146WActive
42-503-2031619Active
42-503-2031720Active
42-503-306271WSActive
42-503-3069825AActive
42-503-3086096WActive
42-503-3086195Shut-in
42-503-3086294Shut-in
42-503-337511AActive
42-503-337522AShut-in
42-503-337533AShut-in
42-503-337544AActive
42-503-841834Shut-in
42-503-841846Shut-in
42-503-841857Shut-in
42-503-841868Shut-in
42-503-841879Shut-in
42-503-8418810Shut-in
42-503-8418913Shut-in
42-503-8419014Shut-in
42-503-8419118WActive
42-503-8419423WActive
42-503-8419526Active
42-503-8419629Active
42-503-8419731Active
42-503-8419832Shut-in
42-503-8419935WActive
42-503-8420041Active
42-503-8420145Active
42-503-8420348WShut-in
42-503-8420458WActive
42-503-8420561Shut-in
42-503-8420662Shut-in
42-503-8420764Shut-in
42-503-8420866Shut-in
42-503-8420969Shut-in
42-503-8421075Shut-in
42-503-8421177WShut-in
42-503-8421284Shut-in
42-503-8421386Shut-in
42-503-8421488Shut-in
42-503-84215A 2Active

SourceTexas Railroad Commission Wellbore Query, district 09, lease 16711.

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 Mar 5, 2022

Companies that used to be listed: True Oil Trucking & Mktg, LLC (gathers it, until Mar 5, 2022).

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

214 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
4326 not plugged
Horizontal
0
First completion
Jun 19, 1972
Latest permit
Feb 21, 1980

43 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 Belknap
API numberWell no.Acreson the permit
42-503-337511A214
42-503-337522A214
42-503-337533A214
42-503-337544A214
42-503-0228146W–
42-503-2031619–
42-503-2031720–
42-503-306271WS–
42-503-3069825A–
42-503-3086096–
42-503-3086096W–
42-503-3086195–

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 BELKNAP 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 BELKNAP
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026M2 Squared00$80.46$2.89
Jun 2026M2 Squared00$84.81$3.15
May 2026M2 Squared00$102.13$2.94
Apr 2026M2 Squared00$100.32$2.77
Mar 2026M2 Squared00$91.38$3.04
Feb 2026M2 Squared00$64.51$3.62
Jan 2026M2 Squared00$60.04$7.72
Dec 2025M2 Squared00$57.97$4.26
Nov 2025M2 Squared00$60.06$3.79
Oct 2025M2 Squared00$60.89$3.19
Sep 2025M2 Squared00$63.96$2.97
Aug 2025M2 Squared00$64.86$2.91
Jul 2025M2 Squared00$68.39$3.20
Jun 2025M2 Squared00$68.17$3.02
May 2025M2 Squared00$62.17$3.12
Apr 2025M2 Squared00$63.54$3.42
Mar 2025M2 Squared00$68.24$4.12
Feb 2025M2 Squared00$71.53$4.19
Jan 2025M2 Squared00$75.74$4.13
Dec 2024M2 Squared00$70.12$3.01
Nov 2024M2 Squared00$69.95$2.12
Oct 2024M2 Squared00$71.99$2.20
Sep 2024M2 Squared00$70.24$2.28
Aug 2024M2 Squared00$76.68$1.99
Jul 2024M2 Squared00$81.80$2.07
Jun 2024M2 Squared00$79.77$2.54
May 2024M2 Squared00$80.02$2.12
Apr 2024M2 Squared00$85.35$1.60
Mar 2024M2 Squared00$81.28$1.49
Feb 2024M2 Squared00$77.25$1.72
Jan 2024M2 Squared00$74.15$3.18
Dec 2023M2 Squared00$71.90$2.52
Nov 2023M2 Squared00$77.69$2.71
Oct 2023M2 Squared00$85.64$2.98
Sep 2023M2 Squared00$89.43$2.64
Aug 2023M2 Squared00$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).

Check your statements

Do your checks match this lease?

Upload your statements for BELKNAP. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask M2 Squared Operating, LLC.

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  • 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.

This lease belongs to

OperatorM2 Squared Operating, LLCFieldYoung County RegularCountyYoung County

M2 Squared Operating, LLC in Young County

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

Young County Regular 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 Jul 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 16711, district 09, 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 BELKNAP

Who operates the BELKNAP lease?

The Railroad Commission lists M2 Squared Operating, LLC (operator number 519348) as the operator of this lease in Young County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the BELKNAP lease produced?

The record shows no oil or gas reported for the months on this page. The ledger lists every month the state has on file for district 09, lease 16711.

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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