Texas oil lease · RRC district 08 · Lease 37974
ProducingCOLE
Cole is an oil lease in Ector County, Texas, operated by Jay Management Company, LLC in the Goldsmith (Clear Fork) field. The Railroad Commission shows 330 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 2 wells
- Operator
- Jay Management Company, LLC
- County
- Ector County
- RRC lease
- 08-37974
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Where it sits
This county
- Oil in Jul 2026
- 25 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 2
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 57% over the last 12 months
330 bbl in the 12 months through Jul 2026, against 766 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 37974, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
Jay Management Company, LLC has reported this lease for the whole period
No change of operator in the months we hold.
- Jay Management Company, LLC Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
2 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-135-36232 | 1823 | Active | – |
| 42-135-36477 | 1831 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 37974.
Who buys and gathers
Who moves and buys this lease's production
Oil
Eastex Crude Company, LLC and Energy Transfer Company gather it.
Eastex Crude Company, LLC gathers it: 50% of it, on the list since Jan 1, 2023 · Energy Transfer Company gathers it: 50% of it, on the list since Oct 1, 2024
Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Oct 1, 2024); Dcp Operating Company, LP (gathers it, until Jan 1, 2023); Dcp Operating Company, LP (buys it, until Jan 1, 2023); Eastex Crude Company (gathers it, until Jan 1, 2023).
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
400 acres on the newest permit
- Wells on the permits
- 33 not plugged
- Horizontal
- 0
- First completion
- Jun 12, 1990
- Latest permit
- Jun 12, 1991
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-135-36175 | 1832 | Jun 12, 1991 | Jun 12, 1991 | 400 |
| 42-135-36477 | 1831 | May 20, 1991 | Oct 17, 1991 | 400 |
| 42-135-36232 | 1823 | Apr 25, 1990 | Jun 12, 1990 | 400 |
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 COLE 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 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Jay Management | 25 | 0 | $80.46 | $2.89 |
| Jun 2026Jay Management | 35 | 0 | $84.81 | $3.15 |
| May 2026Jay Management | 22 | 67 | $102.13 | $2.94 |
| Apr 2026Jay Management | 30 | 0 | $100.32 | $2.77 |
| Mar 2026Jay Management | 22 | 67 | $91.38 | $3.04 |
| Feb 2026Jay Management | 20 | 0 | $64.51 | $3.62 |
| Jan 2026Jay Management | 30 | 10 | $60.04 | $7.72 |
| Dec 2025Jay Management | 25 | 0 | $57.97 | $4.26 |
| Nov 2025Jay Management | 25 | 0 | $60.06 | $3.79 |
| Oct 2025Jay Management | 20 | 0 | $60.89 | $3.19 |
| Sep 2025Jay Management | 33 | 74 | $63.96 | $2.97 |
| Aug 2025Jay Management | 43 | 22 | $64.86 | $2.91 |
| Jul 2025Jay Management | 45 | 0 | $68.39 | $3.20 |
| Jun 2025Jay Management | 38 | 0 | $68.17 | $3.02 |
| May 2025Jay Management | 50 | 55 | $62.17 | $3.12 |
| Apr 2025Jay Management | 105 | 172 | $63.54 | $3.42 |
| Mar 2025Jay Management | 48 | 156 | $68.24 | $4.12 |
| Feb 2025Jay Management | 15 | 67 | $71.53 | $4.19 |
| Jan 2025Jay Management | 48 | 0 | $75.74 | $4.13 |
| Dec 2024Jay Management | 70 | 0 | $70.12 | $3.01 |
| Nov 2024Jay Management | 93 | 304 | $69.95 | $2.12 |
| Oct 2024Jay Management | 86 | 0 | $71.99 | $2.20 |
| Sep 2024Jay Management | 86 | 0 | $70.24 | $2.28 |
| Aug 2024Jay Management | 82 | 67 | $76.68 | $1.99 |
| Jul 2024Jay Management | 70 | 148 | $81.80 | $2.07 |
| Jun 2024Jay Management | 91 | 87 | $79.77 | $2.54 |
| May 2024Jay Management | 62 | 0 | $80.02 | $2.12 |
| Apr 2024Jay Management | 106 | 240 | $85.35 | $1.60 |
| Mar 2024Jay Management | 93 | 0 | $81.28 | $1.49 |
| Feb 2024Jay Management | 95 | 329 | $77.25 | $1.72 |
| Jan 2024Jay Management | 95 | 0 | $74.15 | $3.18 |
| Dec 2023Jay Management | 98 | 70 | $71.90 | $2.52 |
| Nov 2023Jay Management | 86 | 0 | $77.69 | $2.71 |
| Oct 2023Jay Management | 98 | 172 | $85.64 | $2.98 |
| Sep 2023Jay Management | 89 | 0 | $89.43 | $2.64 |
| Aug 2023Jay Management | 98 | 67 | $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 COLE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Jay Management Company, 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
This lease belongs to
Jay Management Company, LLC in Ector County
- SUSIE -A-
1,623 bbl last 12 months
- ALTA-WILLIAMSON -A-
626 bbl last 12 months
- SUSIE
587 bbl last 12 months
- AMOCO-COWDEN -9-
583 bbl last 12 months
- SUSIE
494 bbl last 12 months
Goldsmith (Clear Fork) field
- GOLDSMITH-LANDRETH /DEEP/ UNIT
616,242 bbl last 12 months
- GOLDSMITH, C. A., ETAL
259,691 bbl last 12 months
- GOLDSMITH ANDECTOR UNIT
140,646 bbl last 12 months
- GOLDSMITH-CUMMINS /DEEP/ UNIT
55,880 bbl last 12 months
- COWDEN, CLYDE
49,494 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- COLE
349 bbl last 12 months · 0.4 km away
- BURNS, FRANK
937 bbl last 12 months · 0.4 km away
- ALTA-WILLIAMSON -A-
626 bbl last 12 months · 0.4 km away
- TXL
83 bbl last 12 months · 0.6 km away
- WILLIAMSON -B-
315 bbl last 12 months · 0.7 km away
Drilling permits within 10 km
CUMMINS -12- #7
recompletion · Condor Operating Company, LLC · Ector County · 8.1 km away
Permit 0913483 · Feb 18, 2026
UNIVERSITY GENESIS 34 #1001
re-entry · Comal Operating LLC · Andrews County · 9.2 km away
Permit 0908819 · Jun 25, 2025
UNIVERSITY GENESIS 34 #1002W
re-entry · Comal Operating LLC · Andrews County · 8.8 km away
Permit 0908818 · Jun 24, 2025
UNIVERSITY GENESIS 34 #1004
re-entry · Comal Operating LLC · Andrews County · 8.4 km away
Permit 0907954 · May 19, 2025
R.B. -AB- COWDEN #8C
recompletion · Fivestones Energy LLC · Ector County · 5.7 km away
Permit 0899729 · May 22, 2024
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 37974, district 08, 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.