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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 46996

Producing

BUSCH UNIT C6-4

Busch Unit C6-4 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 9,409 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

9,409bbl oil, last 12 months−17% vs prior year
Operator
VTX Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-46996

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas, last 12 months
28,125 mcf
Oil in Jul 2026
695 bbl
Reporting to the state
since Jan 2020
Wells
1

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 17% over the last 12 months

9,409 bbl in the 12 months through Jul 2026, against 11,332 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for BUSCH UNIT C6-4, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 9,409 bbl in the 12 months through Jul 2026, against 11,332 bbl in the 12 months before.Last 12 months: 9,409 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for BUSCH UNIT C6-4, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 9,409 bbl in the 12 months through Jul 2026, against 11,332 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 46996, district 08. 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.

Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.6% of the gas in Jul 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuelShare of BUSCH UNIT C6-4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.6% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2024: fuel to plantFlared 4.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuelShare of BUSCH UNIT C6-4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.6% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Mar 24: fuel to plantFlared 4.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 46996, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

None of the gas was flared in the last 12 months. One month went above 3%, which we mark in the ledger below.

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 3 times, most recently in Jul 2023

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 timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 46996 in district 08. The API number is the state’s ID for a well.
Wells on BUSCH UNIT C6-4
API numberWell no.Status
42-389-347951HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 46996.

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 Apr 1, 2023

  • Gas from oil wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since May 1, 2016 · Energy Transfer Company gathers it: 100% of it, on the list since May 1, 2016

Companies that used to be listed: Transoil Marketing, LLC (gathers it, until Apr 1, 2023); Lion Oil Trading & Trans, LLC (gathers it, until Jan 1, 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

433.15 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
11 not plugged
Horizontal
1
First completion
Oct 14, 2015
Latest permit
Mar 9, 2015
Wells and acres on the permits for Busch Unit C6-4
API numberWell no.Acreson the permit
42-389-347951H433.15

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 BUSCH UNIT C6-4 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. Regional gas prices are often below Henry Hub.

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 BUSCH UNIT C6-4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026VTX Energy6959032,0922,0920$80.46$2.89
Jun 2026VTX Energy6765382,7412,7410$84.81$3.15
May 2026VTX Energy7095362,6742,6740$102.13$2.94
Apr 2026VTX Energy6817182,1832,1830$100.32$2.77
Mar 2026VTX Energy6885471,5741,5740$91.38$3.04
Feb 2026VTX Energy6737771,7801,7800$64.51$3.62
Jan 2026VTX Energy7577492,1592,1590$60.04$7.72
Dec 2025VTX Energy7857672,3032,3030$57.97$4.26
Nov 2025VTX Energy7789542,4222,4220$60.06$3.79
Oct 2025VTX Energy8937352,5602,5600$60.89$3.19
Sep 2025VTX Energy9411,1492,5392,5390$63.96$2.97
Aug 2025VTX Energy1,1331,2983,0983,0980$64.86$2.91
Jul 2025VTX Energy1,2241,1112,9172,784133$68.39$3.20
Jun 2025VTX Energy1,7181,6963,5573,5570$68.17$3.02
May 2025VTX Energy9535521,3641,3640$62.17$3.12
Apr 2025VTX Energy20000$63.54$3.42
Mar 2025VTX Energy6609065965960$68.24$4.12
Feb 2025VTX Energy9339284194190$71.53$4.19
Jan 2025VTX Energy1,1171,246000$75.74$4.13
Dec 2024VTX Energy9158511,7671,7670$70.12$3.01
Nov 2024VTX Energy1,0147223,1453,1450$69.95$2.12
Oct 2024VTX Energy1,0331,4444,9004,9000$71.99$2.20
Sep 2024VTX Energy7057395,3995,3990$70.24$2.28
Aug 2024VTX Energy1,0589164,1554,1550$76.68$1.99
Jul 2024VTX Energy1,1161,2834,4514,4510$81.80$2.07
Jun 2024VTX Energy1,1559135,7275,1710$79.77$2.54
May 2024VTX Energy9231,2094,5823,3610$80.02$2.12
Apr 2024VTX Energy1,0788524,3863,1980$85.35$1.60
Mar 2024VTX Energy1,0731,2854,6593,4310$81.28$1.49
Feb 2024VTX Energy1,2181,0881,14200$77.25$1.72
Jan 2024VTX Energy1,0097143,1092,0100$74.15$3.18
Dec 2023VTX Energy8579141,7375360$71.90$2.52
Nov 2023VTX Energy1,2211,2422,4311,2830$77.69$2.71
Oct 2023VTX Energy7511,0024,1352,9070$85.64$2.98
Sep 2023VTX Energy1,0739234,1903,0020$89.43$2.64
Aug 2023VTX Energy1,1131,0923,5962,4210$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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Upload your statements for BUSCH UNIT C6-4. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask VTX Energy Operating, LLC.

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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

OperatorVTX Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

VTX Energy Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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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 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 46996, district 08, 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.