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Royalty Clerk

Texas gas well · RRC district 7B · Lease 126663

Shut in

CONE

Cone is a gas well in Palo Pinto County, Texas, operated by Sage Oil and Gas, LLC in the Palo Pinto Co. Reg. (Gas) field.

Gas well dossier · 1 well

0mcf gas, last 12 months
Operator
Sage Oil and Gas, LLC
County
Palo Pinto County
Field
Palo Pinto Co. Reg. (Gas)
RRC lease
7B-126663

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Where it sits

This county

Palo Pinto CountyPalo PintoWiseJackHoodStephensParkerYoungPalo Pinto County
Palo Pinto County · RRC district 7BOpen Palo Pinto County →
Gas in Jul 2026
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

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 once, most recently in Mar 2022

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 timeArrowhead Productions, LP, Jan 2020 to Feb 2022; Sage Oil and Gas, LLC, Mar 2022 to Jul 20262020202120222023202420252026Changed Mar 2022Arrowhead Productions, LPJan 2020 to Feb 2022Sage Oil and Gas, LLCMar 2022 to now
Operators of this lease over timeArrowhead Productions, LP, Jan 2020 to Feb 2022; Sage Oil and Gas, LLC, Mar 2022 to Jul 20262020202120222023202420252026Changed Mar 2022Arrowhead Productions, LPJan 2020 to Feb 2022Sage Oil and Gas, LLCMar 2022 to now

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 gas well 126663 in district 7B. The API number is the state’s ID for a well.
Wells on CONE
API numberWell no.Status
42-363-338843Shut-in

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 126663.

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.

  • Condensate

    True Oil Trucking & Mktg, LLC gathers it.

    100% of it, on the list since Mar 1, 2022

  • Gas from gas 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 Mar 1, 2022 · Colt Gathering (North Texas)l.p. gathers it: 100% of it, on the list since Mar 1, 2022

Companies that used to be listed: One Cypress Trucking, Inc. (gathers it, until Mar 1, 2022); Midcoast Gathering (N Tx) L.p. (gathers it, until Mar 1, 2022); Midcoast G & P (North Texas)l.p. (buys it, until Mar 1, 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
11 not plugged
Horizontal
0
First completion
Mar 7, 1988
Latest permit
Oct 20, 1987
Wells and acres on the permits for Cone
API numberWell no.Acreson the permit
42-363-338843160

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 CONE 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 “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for CONE
MonthGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Sage Oil000$80.46$2.89
Jun 2026Sage Oil000$84.81$3.15
May 2026Sage Oil000$102.13$2.94
Apr 2026Sage Oil000$100.32$2.77
Mar 2026Sage Oil000$91.38$3.04
Feb 2026Sage Oil000$64.51$3.62
Jan 2026Sage Oil000$60.04$7.72
Dec 2025Sage Oil000$57.97$4.26
Nov 2025Sage Oil000$60.06$3.79
Oct 2025Sage Oil000$60.89$3.19
Sep 2025Sage Oil000$63.96$2.97
Aug 2025Sage Oil000$64.86$2.91
Jul 2025Sage Oil000$68.39$3.20
Jun 2025Sage Oil000$68.17$3.02
May 2025Sage Oil000$62.17$3.12
Apr 2025Sage Oil000$63.54$3.42
Mar 2025Sage Oil000$68.24$4.12
Feb 2025Sage Oil000$71.53$4.19
Jan 2025Sage Oil000$75.74$4.13
Dec 2024Sage Oil000$70.12$3.01
Nov 2024Sage Oil000$69.95$2.12
Oct 2024Sage Oil000$71.99$2.20
Sep 2024Sage Oil000$70.24$2.28
Aug 2024Sage Oil000$76.68$1.99
Jul 2024Sage Oil000$81.80$2.07
Jun 2024Sage Oil000$79.77$2.54
May 2024Sage Oil000$80.02$2.12
Apr 2024Sage Oil000$85.35$1.60
Mar 2024Sage Oil000$81.28$1.49
Feb 2024Sage Oil000$77.25$1.72
Jan 2024Sage Oil000$74.15$3.18
Dec 2023Sage Oil000$71.90$2.52
Nov 2023Sage Oil000$77.69$2.71
Oct 2023Sage Oil000$85.64$2.98
Sep 2023Sage Oil000$89.43$2.64
Aug 2023Sage Oil000$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 CONE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Sage Oil and Gas, LLC.

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  • 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.

This lease belongs to

OperatorSage Oil and Gas, LLCFieldPalo Pinto Co. Reg. (Gas)CountyPalo Pinto County

Sage Oil and Gas, LLC in Palo Pinto County

No other producing leases from this operator in this county are in our data yet.

Palo Pinto Co. Reg. (Gas) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

New drilling permits in Palo Pinto County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf 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, gas well 126663, 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.