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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 14120

Producing

CAUBLE, E. G.

Cauble, E. G. is an oil lease in Reagan County, Texas, operated by Kstone Energy, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 100 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 3 wells

100bbl oil, last 12 months−76% vs prior year
Operator
Kstone Energy, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-14120

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County · RRC district 7COpen Reagan County →
Oil in Jul 2026
10 bbl
Reporting to the state
since Jan 2020
Wells
3
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).

Oil output fell 76% over the last 12 months

100 bbl in the 12 months through Jul 2026, against 417 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for CAUBLE, E. G., Aug 2023 to Jul 2026. Oil output fell 76% over the last 12 months. 100 bbl in the 12 months through Jul 2026, against 417 bbl in the 12 months before.Last 12 months: 100 bblbbl per monthmcf per month00251005020075300100400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for CAUBLE, E. G., Aug 2023 to Jul 2026. Oil output fell 76% over the last 12 months. 100 bbl in the 12 months through Jul 2026, against 417 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 14120, district 7C. 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.

All of the gas went to a processing plant in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a processing plant in the last 12 monthsShare of CAUBLE, E. G. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of CAUBLE, E. G. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 14120, district 7C. 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.

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 Mar 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 timeRemuda Operating Company, Jan 2020 to Feb 2025; Kstone Energy, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Remuda Operating CompanyJan 2020 to Feb 2025Kstone Energy, LLCMar 2025 to now
Operators of this lease over timeRemuda Operating Company, Jan 2020 to Feb 2025; Kstone Energy, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Remuda Operating CompanyJan 2020 to Feb 2025Kstone Energy, LLCMar 2025 to now

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

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 14120 in district 7C. The API number is the state’s ID for a well.
Wells on CAUBLE, E. G.
API numberWell no.Status
42-383-008181Active
42-383-008192Active
42-383-008203Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 14120.

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 Nov 1, 1999

Companies that used to be listed: Targa Pl Mid-Cont Westtex LLC (gathers it, until Mar 1, 2025); Targa Pl Mid-Cont Westtex LLC (buys it, until Mar 1, 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

What the drilling permits say

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
32 not plugged
Horizontal
0
First completion
Apr 27, 1974
Latest permit
–
Wells and acres on the permits for Cauble, E. G.
API numberWell no.Acreson the permit
42-383-008181–
42-383-008192–
42-383-008203–

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 CAUBLE, E. G. 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 CAUBLE, E. G.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Kstone Energy,100000$80.46$2.89
Jun 2026Kstone Energy,300000$84.81$3.15
May 2026Kstone Energy,10148000$102.13$2.94
Apr 2026Kstone Energy,50000$100.32$2.77
Mar 2026Kstone Energy,50000$91.38$3.04
Feb 2026Kstone Energy,50000$64.51$3.62
Jan 2026Kstone Energy,50000$60.04$7.72
Dec 2025Kstone Energy,00000$57.97$4.26
Nov 2025Kstone Energy,00000$60.06$3.79
Oct 2025Kstone Energy,100000$60.89$3.19
Sep 2025Kstone Energy,100000$63.96$2.97
Aug 2025Kstone Energy,100000$64.86$2.91
Jul 2025Kstone Energy,300000$68.39$3.20
Jun 2025Kstone Energy,380000$68.17$3.02
May 2025Kstone Energy,32158000$62.17$3.12
Apr 2025Kstone Energy,80000$63.54$3.42
Mar 2025Kstone Energy,7863000$68.24$4.12
Feb 2025Remuda Operating202022020$71.53$4.19
Jan 2025Remuda Operating1302422420$75.74$4.13
Dec 2024Remuda Operating9902282280$70.12$3.01
Nov 2024Remuda Operating701661851850$69.95$2.12
Oct 2024Remuda Operating70000$71.99$2.20
Sep 2024Remuda Operating230000$70.24$2.28
Aug 2024Remuda Operating1702542540$76.68$1.99
Jul 2024Remuda Operating1602122120$81.80$2.07
Jun 2024Remuda Operating3002492490$79.77$2.54
May 2024Remuda Operating851642562560$80.02$2.12
Apr 2024Remuda Operating4102562560$85.35$1.60
Mar 2024Remuda Operating1402612610$81.28$1.49
Feb 2024Remuda Operating702672670$77.25$1.72
Jan 2024Remuda Operating2102702700$74.15$3.18
Dec 2023Remuda Operating421662862860$71.90$2.52
Nov 2023Remuda Operating3202672670$77.69$2.71
Oct 2023Remuda Operating903083080$85.64$2.98
Sep 2023Remuda Operating2102142140$89.43$2.64
Aug 2023Remuda Operating1702912910$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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This lease belongs to

OperatorKstone Energy, LLCFieldSpraberry (Trend Area)CountyReagan County

Kstone Energy, LLC in Reagan County

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Spraberry (Trend Area) 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 14120, district 7C, 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.