Texas oil lease · RRC district 06 · Lease 15550
ProducingCHAMBERS
Chambers is an oil lease in Smith County, Texas, operated by Valence Operating Company in the Girlie Caldwell (Goodland LM) field. The Railroad Commission shows 226 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Valence Operating Company
- County
- Smith County
- RRC lease
- 06-15550
Own a share of this lease?
Is your check right?
Upload a check stub or a phone photo. We compare every month with the state numbers on this page.
Free. No account needed. Two to four pages.
Where it sits
This county
- Gas, last 12 months
- 4,432 mcf
- Oil in Jul 2026
- 18 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
Production
Month by month, from the state record
Oil output held steady over the last 12 months
226 bbl in the 12 months through Jul 2026, against 223 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 15550, district 06. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since Jul 2026 the lease's gas goes to lease fuel 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.
- Transmission line (2)
- Lease fuel (1)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 15550, district 06. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
Valence Operating Company has reported this lease for the whole period
No change of operator in the months we hold.
- Valence Operating Company Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-423-32394 | 1H | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 06, lease 15550.
Who buys and gathers
Who moves and buys this lease's production
Oil
Dk Trading & Supply, LLC gathers it.
100% of it, on the list since May 1, 2025
Gas from oil wells
Midcoast G & P (East Texas) L.p. buys it; Midcoast Pipelines (E Tx) L.p. gathers it.
Midcoast G & P (East Texas) L.p. buys it: 100% of it, on the list since Sep 1, 2020 · Midcoast Pipelines (E Tx) L.p. gathers it: 100% of it, on the list since Sep 1, 2020
Companies that used to be listed: Lion Oil Trading & Trans, LLC (gathers it, until May 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.
Unit and wells
194.64 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- May 24, 2017
- Latest permit
- Jan 30, 2017
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-423-32394 | 1H | Jan 30, 2017 | May 24, 2017 | 194.64 |
Estimator
Estimate your royalty for this lease
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 CHAMBERS 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
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Valence Operating | 18 | 17 | 35 | 13 | 0 | $80.46 | $2.89 |
| Jun 2026Valence Operating | 22 | 23 | 42 | 31 | 0 | $84.81 | $3.15 |
| May 2026Valence Operating | 12 | 12 | 97 | 77 | 0 | $102.13 | $2.94 |
| Apr 2026Valence Operating | 10 | 10 | 50 | 31 | 0 | $100.32 | $2.77 |
| Mar 2026Valence Operating | 14 | 14 | 142 | 124 | 0 | $91.38 | $3.04 |
| Feb 2026Valence Operating | 5 | 9 | 9 | 6 | 0 | $64.51 | $3.62 |
| Jan 2026Valence Operating | 40 | 36 | 280 | 230 | 0 | $60.04 | $7.72 |
| Dec 2025Valence Operating | 19 | 19 | 156 | 141 | 0 | $57.97 | $4.26 |
| Nov 2025Valence Operating | 19 | 19 | 35 | 31 | 0 | $60.06 | $3.79 |
| Oct 2025Valence Operating | 17 | 18 | 1,350 | 1,157 | 0 | $60.89 | $3.19 |
| Sep 2025Valence Operating | 18 | 19 | 1,293 | 1,168 | 0 | $63.96 | $2.97 |
| Aug 2025Valence Operating | 32 | 37 | 943 | 919 | 0 | $64.86 | $2.91 |
| Jul 2025Valence Operating | 4 | 0 | 8 | 8 | 0 | $68.39 | $3.20 |
| Jun 2025Valence Operating | 0 | 3 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Valence Operating | 34 | 29 | 50 | 17 | 0 | $62.17 | $3.12 |
| Apr 2025Valence Operating | 14 | 14 | 3 | 2 | 0 | $63.54 | $3.42 |
| Mar 2025Valence Operating | 19 | 19 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Valence Operating | 22 | 21 | 15 | 11 | 0 | $71.53 | $4.19 |
| Jan 2025Valence Operating | 14 | 16 | 5 | 3 | 0 | $75.74 | $4.13 |
| Dec 2024Valence Operating | 24 | 26 | 18 | 18 | 0 | $70.12 | $3.01 |
| Nov 2024Valence Operating | 29 | 25 | 45 | 33 | 0 | $69.95 | $2.12 |
| Oct 2024Valence Operating | 11 | 12 | 28 | 25 | 0 | $71.99 | $2.20 |
| Sep 2024Valence Operating | 22 | 22 | 15 | 12 | 0 | $70.24 | $2.28 |
| Aug 2024Valence Operating | 30 | 30 | 17 | 12 | 0 | $76.68 | $1.99 |
| Jul 2024Valence Operating | 19 | 19 | 17 | 14 | 0 | $81.80 | $2.07 |
| Jun 2024Valence Operating | 23 | 23 | 74 | 63 | 0 | $79.77 | $2.54 |
| May 2024Valence Operating | 22 | 23 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Valence Operating | 29 | 29 | 17 | 15 | 0 | $85.35 | $1.60 |
| Mar 2024Valence Operating | 27 | 26 | 24 | 21 | 0 | $81.28 | $1.49 |
| Feb 2024Valence Operating | 20 | 24 | 22 | 19 | 0 | $77.25 | $1.72 |
| Jan 2024Valence Operating | 31 | 28 | 28 | 23 | 0 | $74.15 | $3.18 |
| Dec 2023Valence Operating | 28 | 27 | 29 | 26 | 0 | $71.90 | $2.52 |
| Nov 2023Valence Operating | 26 | 25 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Valence Operating | 19 | 23 | 27 | 24 | 0 | $85.64 | $2.98 |
| Sep 2023Valence Operating | 42 | 38 | 54 | 49 | 0 | $89.43 | $2.64 |
| Aug 2023Valence Operating | 17 | 16 | 102 | 94 | 0 | $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 CHAMBERS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Valence Operating Company.
- 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
This lease belongs to
Valence Operating Company in Smith County
- LILY (ALLOC)
86,771 bbl last 12 months
- LOTUS (ALLOC)
75,660 bbl last 12 months
- CLEO
28,403 bbl last 12 months
- HEMPHILL
25,420 bbl last 12 months
- ANTONY
15,210 bbl last 12 months
Girlie Caldwell (Goodland LM) field
- LILY (ALLOC)
86,771 bbl last 12 months
- LOTUS (ALLOC)
75,660 bbl last 12 months
- LIONHEAD
57,713 bbl last 12 months
- CLEO
28,403 bbl last 12 months
- HEMPHILL
25,420 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- JONES
355 bbl last 12 months · 0 km away
- ANDERSON
150 bbl last 12 months · 0 km away
- LOTUS (ALLOC)
75,660 bbl last 12 months · 2.5 km away
- LILY (ALLOC)
86,771 bbl last 12 months · 2.5 km away
- HARALSON
6,302 mcf last 12 months · 2.8 km away
Drilling permits within 10 km
MELODYE #1H
new drill · horizontal · Valence Operating Company · Smith County · 5.8 km away
Permit 0913392 · Feb 12, 2026
LUSCOMBE B (ALLOC) #9H
new drill · horizontal · Valence Operating Company · Smith County · 5.8 km away
Permit 0913146 · Jan 30, 2026
MCCRARY #1H
new drill · horizontal · Valence Operating Company · Smith County · 5.9 km away
Permit 0912495 · Jan 12, 2026
LOTUS (ALLOC) #1H
new drill · horizontal · Valence Operating Company · Smith County · 2.5 km away
Permit 0905469 · Jan 31, 2025
LILY (ALLOC) #1H
new drill · horizontal · Valence Operating Company · Smith County · 2.5 km away
Permit 0905067 · Jan 23, 2025
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 15550, district 06, 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.