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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 18125

No report in 6+ months

CODY M

Cody M is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
RRC lease
7C-18125

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County · RRC district 7COpen Upton County →
Oil in Jan 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jan 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).

No oil produced in the last 12 months

The last month with output was Jun 2024, at 13 bbl.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for CODY M, Feb 2023 to Jan 2026. No oil produced in the last 12 months. The last month with output was Jun 2024, at 13 bbl.Last 12 months: 0 bblbbl per monthmcf per month0020200404006060080800Apr 23JulOctJan 24AprJulOctJan 25AprJulOctJan 26
No oil produced in the last 12 monthsMonthly oil production and gas for CODY M, Feb 2023 to Jan 2026. No oil produced in the last 12 months. The last month with output was Jun 2024, at 13 bbl.Last 12 monthsbbl per monthmcf per month0020200404006060080800Jul 23Jan 24JulJan 25JulJan 26

SourceTexas Railroad Commission Production Data Query, oil lease 18125, 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.

Since May 2024 the lease's gas goes to a transmission line instead of a processing plant

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. Flaring peaked at 15.4% of the gas in Oct 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CODY M gas by disposition code each month, Feb 2023 to Jan 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. 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. Flaring peaked at 15.4% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 15.4%Apr 23JulOctJan 24AprJulOctJan 25AprJulOctJan 26
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CODY M gas by disposition code each month, Feb 2023 to Jan 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. 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. Flaring peaked at 15.4% of the gas in Oct 2023.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 15.4%Jul 23Jan 24JulJan 25JulJan 26

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 18125, 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.

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.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

None of the gas was flared in the last 12 months. One month went above 3%, which we mark in the ledger below.

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.

Summit Petroleum LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeSummit Petroleum LLC, Jan 2020 to Jan 20262020202120222023202420252026Summit Petroleum LLCJan 2020 to nowthrough Jan 2026
Operators of this lease over timeSummit Petroleum LLC, Jan 2020 to Jan 20262020202120222023202420252026Summit Petroleum LLCJan 2020 to nowthrough Jan 2026

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 18125 in district 7C. The API number is the state’s ID for a well.
Wells on CODY M
API numberWell no.Status
42-461-381095402Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 18125.

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 Jun 1, 2020

  • Gas from oil wells

    Etc South Permian Midstream LLC buys it; Energy Transfer Company gathers it.

    Etc South Permian Midstream LLC buys it: 100% of it, on the list since Aug 1, 2024 · Energy Transfer Company gathers it: 100% of it, on the list since Aug 1, 2024

Companies that used to be listed: Wtg South Permian Midstream LLC (gathers it, until Aug 1, 2024); Wtg South Permian Midstream LLC (buys it, until Aug 1, 2024); Wtg Gas Processing, L.p. (gathers it, until Feb 1, 2021); Wtg Gas Processing, L.p. (buys it, until Feb 1, 2021); Enlink Crude Marketing, LLC (gathers it, until Jun 1, 2020); Enlink Crude Purchasing LLC (gathers it, until Jan 1, 2020).

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

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
10 not plugged
Horizontal
0
First completion
Jan 3, 2013
Latest permit
May 18, 2012
Wells and acres on the permits for Cody M
API numberWell no.Acreson the permit
42-461-381095402160

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.

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 CODY M 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.

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 CODY M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jan 2026Summit Petroleum00000$60.04$7.72
Dec 2025Summit Petroleum00000$57.97$4.26
Nov 2025Summit Petroleum00000$60.06$3.79
Oct 2025Summit Petroleum00000$60.89$3.19
Sep 2025Summit Petroleum00000$63.96$2.97
Aug 2025Summit Petroleum00000$64.86$2.91
Jul 2025Summit Petroleum00000$68.39$3.20
Jun 2025Summit Petroleum00000$68.17$3.02
May 2025Summit Petroleum00000$62.17$3.12
Apr 2025Summit Petroleum00000$63.54$3.42
Mar 2025Summit Petroleum00000$68.24$4.12
Feb 2025Summit Petroleum00000$71.53$4.19
Jan 2025Summit Petroleum069000$75.74$4.13
Dec 2024Summit Petroleum00000$70.12$3.01
Nov 2024Summit Petroleum001061060$69.95$2.12
Oct 2024Summit Petroleum001921910$71.99$2.20
Sep 2024Summit Petroleum0081810$70.24$2.28
Aug 2024Summit Petroleum002242240$76.68$1.99
Jul 2024Summit Petroleum01784584580$81.80$2.07
Jun 2024Summit Petroleum1303513510$79.77$2.54
May 2024Summit Petroleum4504814810$80.02$2.12
Apr 2024Summit Petroleum4604794790$85.35$1.60
Mar 2024Summit Petroleum4305005000$81.28$1.49
Feb 2024Summit Petroleum401884094090$77.25$1.72
Jan 2024Summit Petroleum5002492490$74.15$3.18
Dec 2023Summit Petroleum4604464460$71.90$2.52
Nov 2023Summit Petroleum3802802800$77.69$2.71
Oct 2023Summit Petroleum5116545438470$85.64$2.98
Sep 2023Summit Petroleum3604654650$89.43$2.64
Aug 2023Summit Petroleum4605215210$81.39$2.58
Jul 2023Summit Petroleum3703513510$76.07$2.55
Jun 2023Summit Petroleum441735185180$70.25$2.18
May 2023Summit Petroleum5105005000$71.58$2.15
Apr 2023Summit Petroleum4202882880$79.45$2.16
Mar 2023Summit Petroleum4404604600$73.28$2.31
Feb 2023Summit Petroleum601964194190$76.83$2.38

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 CODY M. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Summit Petroleum LLC.

  • 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

Everything on this page connects to the operator, field and county records. Start from any of them.

Summit Petroleum LLC in Upton County

All Summit Petroleum LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

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 Jan 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 18125, 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.

FAQ

Questions about CODY M

Who operates the CODY M lease?

The Railroad Commission lists Summit Petroleum LLC (operator number 829221) as the operator of this lease in Upton County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the CODY M lease produced?

The record shows no oil or gas reported for the months on this page. The ledger lists every month the state has on file for district 7C, lease 18125.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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