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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 29228

Producing

CARPENTER UNIT

Carpenter Unit is an oil lease in Throckmorton County, Texas, operated by S.b. Street Operating, Inc. in the Throckmorton County Regular field. The Railroad Commission shows 2,874 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

2,874bbl oil, last 12 months+476% vs prior year
Operator
S.b. Street Operating, Inc.
County
Throckmorton County
Field
Throckmorton County Regular
RRC lease
7B-29228

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Where it sits

This county

Throckmorton CountyThrockmortonBaylorKnoxYoungHaskellArcherThrockmorton County
Throckmorton County · RRC district 7BOpen Throckmorton County →
Gas, last 12 months
12,623 mcf
Oil in Jul 2026
1,251 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 rose 476% over the last 12 months

2,874 bbl in the 12 months through Jul 2026, against 499 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 476% over the last 12 monthsMonthly oil production and gas for CARPENTER UNIT, Aug 2023 to Jul 2026. Oil output rose 476% over the last 12 months. 2,874 bbl in the 12 months through Jul 2026, against 499 bbl in the 12 months before.Last 12 months: 2,874 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 476% over the last 12 monthsMonthly oil production and gas for CARPENTER UNIT, Aug 2023 to Jul 2026. Oil output rose 476% over the last 12 months. 2,874 bbl in the 12 months through Jul 2026, against 499 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 29228, district 7B. 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 Aug 2024 the lease's gas goes to a processing plant instead of a transmission line

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.

  • Processing plant (3)
  • Transmission line (2)
Since Aug 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of CARPENTER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a processing plant instead of a transmission line. 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.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of CARPENTER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a processing plant instead of a transmission line. 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.Share of gas by disposition code0%50%100%Aug 24: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 29228, district 7B. 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.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

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 2024

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 timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Jul 2024; S.b. Street Operating, Inc., Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Three P Operating Co.,gp, L.L…Jan 2020 to Jul 2024S.b. Street Operating, Inc.Aug 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Jul 2024; S.b. Street Operating, Inc., Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Jul 2024S.b. Street Operating, Inc.Aug 2024 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 29228 in district 7B. The API number is the state’s ID for a well.
Wells on CARPENTER UNIT
API numberWell no.Status
42-447-360831Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 29228.

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

    Sentinel Transportation, LLC gathers it.

    100% of it, on the list since Aug 1, 2024

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Aug 1, 2024 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Aug 1, 2024

Companies that used to be listed: Energy Trans Crude Marketing LLC (gathers it, until Aug 1, 2024); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jul 1, 2021).

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

40 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
0
First completion
Apr 1, 2003
Latest permit
Feb 7, 2003

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Carpenter Unit
API numberWell no.Acreson the permit
42-447-36083140

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 CARPENTER UNIT 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 CARPENTER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026S.b. Street1,2511,3152,2422,2420$80.46$2.89
Jun 2026S.b. Street8346751,7261,7260$84.81$3.15
May 2026S.b. Street451706816810$102.13$2.94
Apr 2026S.b. Street8308668660$100.32$2.77
Mar 2026S.b. Street8909019010$91.38$3.04
Feb 2026S.b. Street551698848840$64.51$3.62
Jan 2026S.b. Street6207497490$60.04$7.72
Dec 2025S.b. Street951029099090$57.97$4.26
Nov 2025S.b. Street79898758750$60.06$3.79
Oct 2025S.b. Street931499229220$60.89$3.19
Sep 2025S.b. Street9509099090$63.96$2.97
Aug 2025S.b. Street931619599590$64.86$2.91
Jul 2025S.b. Street1041599769760$68.39$3.20
Jun 2025S.b. Street10609059050$68.17$3.02
May 2025S.b. Street1241731,1931,1930$62.17$3.12
Apr 2025S.b. Street3601,1331,1330$63.54$3.42
Mar 2025S.b. Street101,2761,2760$68.24$4.12
Feb 2025S.b. Street001,4141,4140$71.53$4.19
Jan 2025S.b. Street4305935930$75.74$4.13
Dec 2024S.b. Street001741740$70.12$3.01
Nov 2024S.b. Street001761760$69.95$2.12
Oct 2024S.b. Street002362360$71.99$2.20
Sep 2024S.b. Street01562752750$70.24$2.28
Aug 2024S.b. Street8507847840$76.68$1.99
Jul 2024Three P8509739730$81.80$2.07
Jun 2024Three P681788468460$79.77$2.54
May 2024Three P7508748740$80.02$2.12
Apr 2024Three P1081799149140$85.35$1.60
Mar 2024Three P1371689619610$81.28$1.49
Feb 2024Three P12409399390$77.25$1.72
Jan 2024Three P1031679079070$74.15$3.18
Dec 2023Three P1291781,0031,0030$71.90$2.52
Nov 2023Three P7801,3011,3010$77.69$2.71
Oct 2023Three P008728720$85.64$2.98
Sep 2023Three P002972970$89.43$2.64
Aug 2023Three P1141659409400$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

OperatorS.b. Street Operating, Inc.FieldThrockmorton County RegularCountyThrockmorton County

S.b. Street Operating, Inc. in Throckmorton County

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Throckmorton County Regular 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 29228, district 7B, 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.