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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 32864

Producing

CURTIS

Curtis is an oil lease in Martin County, Texas, operated by Cutbow Operating, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 2,661 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

2,661bbl oil, last 12 months
Operator
Cutbow Operating, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-32864

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County · RRC district 08Open Martin County →
Gas, last 12 months
5,576 mcf
Oil in Jul 2026
130 bbl
Reporting to the state
since Jan 2020
Wells
2

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 over the last 12 months

2,661 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for CURTIS, Aug 2023 to Jul 2026. Oil output over the last 12 months. 2,661 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 2,661 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for CURTIS, Aug 2023 to Jul 2026. Oil output over the last 12 months. 2,661 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 32864, district 08. 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 Jul 2024 the lease's gas goes to a processing plant instead of lease fuel

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.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuelShare of CURTIS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuel. 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.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuelShare of CURTIS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuel. 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.Share of gas by disposition code0%50%100%Jul 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 32864, district 08. 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.

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.

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 Sep 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 timePioneer Natural Res. USA, Inc., Jan 2020 to Aug 2025; Cutbow Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Aug 2025Cutbow Operating, LLCSep 2025 to now
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Aug 2025; Cutbow Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Aug 2025Cutbow Operating, LLCSep 2025 to now

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 32864 in district 08. The API number is the state’s ID for a well.
Wells on CURTIS
API numberWell no.Status
42-317-337431Active
42-317-356762Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 32864.

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

    Rio Energy International, Inc. gathers it.

    100% of it, on the list since Sep 1, 2025

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Mar 1, 2026 · Energy Transfer Company gathers it: 100% of it, on the list since Dec 1, 2024

Companies that used to be listed: Etc North Permian Midstream LLC (buys it, until Mar 1, 2026); Plains Marketing, L.p. (gathers it, until Sep 1, 2025); Plains Pipeline L.p. (gathers it, until Sep 1, 2025); Wtg North Permian Midstream LLC (gathers it, until Dec 1, 2024); Wtg North Permian Midstream LLC (buys it, until Dec 1, 2024); Wtg Gas Processing, L.p. (gathers it, until Jan 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

91.99 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
21 not plugged
Horizontal
0
First completion
Oct 19, 1990
Latest permit
Sep 24, 2009

The wells on this lease state different acreage

The permits state between 91.99 and 177.14 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Curtis
API numberWell no.Acreson the permit
42-317-35676291.99
42-317-337431177.14

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 CURTIS 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. 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 CURTIS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Cutbow Operating,1301304474470$80.46$2.89
Jun 2026Cutbow Operating,2712714464460$84.81$3.15
May 2026Cutbow Operating,1381383883880$102.13$2.94
Apr 2026Cutbow Operating,2002004294290$100.32$2.77
Mar 2026Cutbow Operating,2282285485480$91.38$3.04
Feb 2026Cutbow Operating,2562566086080$64.51$3.62
Jan 2026Cutbow Operating,3603605845840$60.04$7.72
Dec 2025Cutbow Operating,3453456606600$57.97$4.26
Nov 2025Cutbow Operating,3453456176170$60.06$3.79
Oct 2025Cutbow Operating,3383388498490$60.89$3.19
Sep 2025Cutbow Operating,500000$63.96$2.97
Aug 2025Pioneer Natural00000$64.86$2.91
Jul 2025Pioneer Natural00000$68.39$3.20
Jun 2025Pioneer Natural00000$68.17$3.02
May 2025Pioneer Natural00000$62.17$3.12
Apr 2025Pioneer Natural00000$63.54$3.42
Mar 2025Pioneer Natural00000$68.24$4.12
Feb 2025Pioneer Natural00000$71.53$4.19
Jan 2025Pioneer Natural00000$75.74$4.13
Dec 2024Pioneer Natural0029290$70.12$3.01
Nov 2024Pioneer Natural00000$69.95$2.12
Oct 2024Pioneer Natural00000$71.99$2.20
Sep 2024Pioneer Natural0021210$70.24$2.28
Aug 2024Pioneer Natural01154540$76.68$1.99
Jul 2024Pioneer Natural01885830$81.80$2.07
Jun 2024Pioneer Natural027000$79.77$2.54
May 2024Pioneer Natural160000$80.02$2.12
Apr 2024Pioneer Natural618545170$85.35$1.60
Mar 2024Pioneer Natural2092984814390$81.28$1.49
Feb 2024Pioneer Natural2903486846030$77.25$1.72
Jan 2024Pioneer Natural2442244283410$74.15$3.18
Dec 2023Pioneer Natural3512976615740$71.90$2.52
Nov 2023Pioneer Natural5153146525680$77.69$2.71
Oct 2023Pioneer Natural3243196976064$85.64$2.98
Sep 2023Pioneer Natural3196136946100$89.43$2.64
Aug 2023Pioneer Natural3737257666790$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

OperatorCutbow Operating, LLCFieldSpraberry (Trend Area)CountyMartin County

Cutbow Operating, LLC in Martin County

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Spraberry (Trend Area) field

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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 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 32864, 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.