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Royalty Clerk

Texas oil lease · RRC district 8A · Lease 68208

Producing

COCHRAN

Cochran is an oil lease in Hockley County, Texas, operated by R3 Operating Corporation in the Anita (Clearfork) field. The Railroad Commission shows 1,958 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

1,958bbl oil, last 12 months−4% vs prior year
Operator
R3 Operating Corporation
County
Hockley County
Field
Anita (Clearfork)
RRC lease
8A-68208

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Where it sits

This county

Hockley CountyHockleyHaleCochranLambLubbockBaileyHockley County
Hockley County · RRC district 8AOpen Hockley County →
Oil in Jul 2026
165 bbl
Reporting to the state
since Jan 2020
Wells
4
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 4% over the last 12 months

1,958 bbl in the 12 months through Jul 2026, against 2,031 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for COCHRAN, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 1,958 bbl in the 12 months through Jul 2026, against 2,031 bbl in the 12 months before.Last 12 months: 1,958 bblbbl per monthmcf per month0010010200203003040040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for COCHRAN, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 1,958 bbl in the 12 months through Jul 2026, against 2,031 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010010200203003040040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 68208, district 8A. 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 transmission line 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 transmission line in the last 12 monthsShare of COCHRAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of COCHRAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 68208, district 8A. Reported through Jul 2026.

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 2 times, most recently in Aug 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 timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

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

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 68208 in district 8A. The API number is the state’s ID for a well.
Wells on COCHRAN
API numberWell no.Status
42-219-365161Active
42-219-370542Active
42-219-373103Shut-in
42-219-373234Shut-in

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 68208.

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 Jan 1, 2004

  • Gas from oil wells

    Lubbock Gas Gathering Ltd., LLP buys and gathers it.

    Lubbock Gas Gathering Ltd., LLP buys it: 100% of it, on the list since Jul 1, 2012 · Lubbock Gas Gathering Ltd., LLP gathers it: 100% of it, on the list since Jul 1, 2012

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

183.90 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
44 not plugged
Horizontal
0
First completion
Jul 7, 2000
Latest permit
Mar 21, 2014
Wells and acres on the permits for Cochran
API numberWell no.Acreson the permit
42-219-373234183.90
42-219-373103189.90
42-219-370542183.61
42-219-365161183.90

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 COCHRAN 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 COCHRAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026R3 Operating165168000$80.46$2.89
Jun 2026R3 Operating143151000$84.81$3.15
May 2026R3 Operating169143000$102.13$2.94
Apr 2026R3 Operating137196000$100.32$2.77
Mar 2026R3 Operating178135000$91.38$3.04
Feb 2026R3 Operating161227000$64.51$3.62
Jan 2026R3 Operating157121000$60.04$7.72
Dec 2025R3 Operating189159000$57.97$4.26
Nov 2025R3 Operating173167000$60.06$3.79
Oct 2025R3 Operating149151000$60.89$3.19
Sep 2025R3 Operating170164000$63.96$2.97
Aug 2025R3 Operating167179000$64.86$2.91
Jul 2025T2 Operating167149000$68.39$3.20
Jun 2025T2 Operating133157000$68.17$3.02
May 2025T2 Operating163159000$62.17$3.12
Apr 2025T2 Operating170156660$63.54$3.42
Mar 2025Boaz Energy145144000$68.24$4.12
Feb 2025Boaz Energy134151220$71.53$4.19
Jan 2025Boaz Energy168145000$75.74$4.13
Dec 2024Boaz Energy164176000$70.12$3.01
Nov 2024Boaz Energy146134000$69.95$2.12
Oct 2024Boaz Energy154159990$71.99$2.20
Sep 2024Boaz Energy174188990$70.24$2.28
Aug 2024Boaz Energy31332114140$76.68$1.99
Jul 2024Boaz Energy34237717170$81.80$2.07
Jun 2024Boaz Energy27121216160$79.77$2.54
May 2024Boaz Energy34143218180$80.02$2.12
Apr 2024Boaz Energy25517310100$85.35$1.60
Mar 2024Boaz Energy298315550$81.28$1.49
Feb 2024Boaz Energy34934336360$77.25$1.72
Jan 2024Boaz Energy37938111110$74.15$3.18
Dec 2023Boaz Energy338382000$71.90$2.52
Nov 2023Boaz Energy36832220200$77.69$2.71
Oct 2023Boaz Energy332353550$85.64$2.98
Sep 2023Boaz Energy303286770$89.43$2.64
Aug 2023Boaz Energy299272000$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

OperatorR3 Operating CorporationFieldAnita (Clearfork)CountyHockley County

R3 Operating Corporation in Hockley County

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Anita (Clearfork) field

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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 68208, district 8A, 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.