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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 03963

Producing

COBB, S. C.

Cobb, S. C. is an oil lease in Stephens County, Texas, operated by Echols Oil Company, L.L.C. in the Stephens County Regular field. The Railroad Commission shows 61 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

61bbl oil, last 12 months+53% vs prior year
Operator
Echols Oil Company, L.L.C.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-03963

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County · RRC district 7BOpen Stephens County →
Gas, last 12 months
762 mcf
Oil in Jul 2026
5 bbl
Reporting to the state
since Jan 2020
Wells
5

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 53% over the last 12 months

61 bbl in the 12 months through Jul 2026, against 40 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 53% over the last 12 monthsMonthly oil production and gas for COBB, S. C., Aug 2023 to Jul 2026. Oil output rose 53% over the last 12 months. 61 bbl in the 12 months through Jul 2026, against 40 bbl in the 12 months before.Last 12 months: 61 bblbbl per monthmcf per month00550101001515020200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 53% over the last 12 monthsMonthly oil production and gas for COBB, S. C., Aug 2023 to Jul 2026. Oil output rose 53% over the last 12 months. 61 bbl in the 12 months through Jul 2026, against 40 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00550101001515020200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 03963, 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.

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 COBB, S. C. 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 COBB, S. C. 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 03963, 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.

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.

Echols Oil Company, L.L.C. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeEchols Oil Company, L.L.C., Jan 2020 to Jul 20262020202120222023202420252026Echols Oil Company, L.L.C.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeEchols Oil Company, L.L.C., Jan 2020 to Jul 20262020202120222023202420252026Echols Oil Company, L.L.C.Jan 2020 to nowthrough Jul 2026

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

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 03963 in district 7B. The API number is the state’s ID for a well.
Wells on COBB, S. C.
API numberWell no.Status
42-429-010861DActive
42-429-329689Active
42-429-3485410Active
42-429-3502911Active
42-429-810336Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 03963.

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

    True Oil Trucking & Mktg, LLC gathers it.

    100% of it, on the list since May 1, 2018

  • Gas from oil wells

    Colt G & P (North Texas) L.p. buys it; Colt Gathering (North Texas)l.p. gathers it.

    Colt G & P (North Texas) L.p. buys it: 100% of it, on the list since Jan 26, 2022 · Colt Gathering (North Texas)l.p. gathers it: 100% of it, on the list since Jan 26, 2022

Companies that used to be listed: Midcoast Gathering (N Tx) L.p. (gathers it, until Jan 26, 2022); Midcoast G & P (North Texas)l.p. (buys it, until Jan 26, 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

160 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
65 not plugged
Horizontal
0
First completion
Dec 6, 1981
Latest permit
May 2, 1988
Wells and acres on the permits for Cobb, S. C.
API numberWell no.Acreson the permit
42-429-3502911160
42-429-3485410160
42-429-329689160
42-429-010861D–
42-429-810325–
42-429-810336–

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 COBB, S. C. 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. 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 COBB, S. C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Echols Oil5080800$80.46$2.89
Jun 2026Echols Oil8060600$84.81$3.15
May 2026Echols Oil12085850$102.13$2.94
Apr 2026Echols Oil10075750$100.32$2.77
Mar 2026Echols Oil5050500$91.38$3.04
Feb 2026Echols Oil3050500$64.51$3.62
Jan 2026Echols Oil2050500$60.04$7.72
Dec 2025Echols Oil2050500$57.97$4.26
Nov 2025Echols Oil3078780$60.06$3.79
Oct 2025Echols Oil2057570$60.89$3.19
Sep 2025Echols Oil4069690$63.96$2.97
Aug 2025Echols Oil5058580$64.86$2.91
Jul 2025Echols Oil4056560$68.39$3.20
Jun 2025Echols Oil617052520$68.17$3.02
May 2025Echols Oil6051510$62.17$3.12
Apr 2025Echols Oil2053530$63.54$3.42
Mar 2025Echols Oil3087870$68.24$4.12
Feb 2025Echols Oil3058580$71.53$4.19
Jan 2025Echols Oil201001000$75.74$4.13
Dec 2024Echols Oil301051050$70.12$3.01
Nov 2024Echols Oil201001000$69.95$2.12
Oct 2024Echols Oil401001000$71.99$2.20
Sep 2024Echols Oil301001000$70.24$2.28
Aug 2024Echols Oil201001000$76.68$1.99
Jul 2024Echols Oil4085850$81.80$2.07
Jun 2024Echols Oil501311310$79.77$2.54
May 2024Echols Oil501001000$80.02$2.12
Apr 2024Echols Oil401001000$85.35$1.60
Mar 2024Echols Oil201051050$81.28$1.49
Feb 2024Echols Oil2095950$77.25$1.72
Jan 2024Echols Oil301051050$74.15$3.18
Dec 2023Echols Oil501301300$71.90$2.52
Nov 2023Echols Oil40000$77.69$2.71
Oct 2023Echols Oil50000$85.64$2.98
Sep 2023Echols Oil150000$89.43$2.64
Aug 2023Echols Oil120000$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

OperatorEchols Oil Company, L.L.C.FieldStephens County RegularCountyStephens County

Echols Oil Company, L.L.C. in Stephens County

All Echols Oil Company, L.L.C. leases →

Stephens County Regular field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • DANIELS

    644 mcf last 12 months · 0.4 km away

  • COOK HEIRS

    11,189 mcf last 12 months · 0.6 km away

  • WALKER

    562 mcf last 12 months · 0.6 km away

  • WALKER

    553 mcf last 12 months · 0.9 km away

  • GRAY, JULIUS

    3,113 mcf last 12 months · 1.1 km away

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 03963, 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.