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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 21701

Producing

ELLIOTT

Elliott is an oil lease in Stephens County, Texas, operated by Petex in the Stephens County Regular field. The Railroad Commission shows 446 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

446bbl oil, last 12 months−39% vs prior year
Operator
Petex
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-21701

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County · RRC district 7BOpen Stephens County →
Gas, last 12 months
4,832 mcf
Oil in Jul 2026
0 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 fell 39% over the last 12 months

446 bbl in the 12 months through Jul 2026, against 732 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for ELLIOTT, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 446 bbl in the 12 months through Jul 2026, against 732 bbl in the 12 months before.Last 12 months: 446 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for ELLIOTT, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 446 bbl in the 12 months through Jul 2026, against 732 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 21701, district 7B. 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 ELLIOTT 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 ELLIOTT 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 21701, district 7B. 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.

Petex has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePetex, Jan 2020 to Jul 20262020202120222023202420252026PetexJan 2020 to nowthrough Jul 2026
Operators of this lease over timePetex, Jan 2020 to Jul 20262020202120222023202420252026PetexJan 2020 to nowthrough Jul 2026

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 21701 in district 7B. The API number is the state’s ID for a well.
Wells on ELLIOTT
API numberWell no.Status
42-429-340242Shut-in
42-429-348603Shut-in

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 21701.

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, 2000

  • Gas from oil 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, 2026 · Colt Gathering (North Texas)l.p. gathers it: 100% of it, on the list since Mar 1, 2026

Companies that used to be listed: Taurus Gas Services, L.p. (gathers it, until Mar 1, 2026); Taurus Gas Services, L.p. (buys it, until Mar 1, 2026); Hanlon Gas Processing, Ltd. (gathers it, until Jan 1, 2022); Hanlon Gas Processing, Ltd. (buys 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

238.50 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
22 not plugged
Horizontal
0
First completion
Mar 20, 1984
Latest permit
Apr 8, 1987
Wells and acres on the permits for Elliott
API numberWell no.Acreson the permit
42-429-348603238.50
42-429-340242239

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.

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Estimator

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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 ELLIOTT 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 ELLIOTT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Petex00000$80.46$2.89
Jun 2026Petex002672670$84.81$3.15
May 2026Petex0098980$102.13$2.94
Apr 2026Petex00000$100.32$2.77
Mar 2026Petex451483153150$91.38$3.04
Feb 2026Petex7806066060$64.51$3.62
Jan 2026Petex561675975970$60.04$7.72
Dec 2025Petex4505385380$57.97$4.26
Nov 2025Petex5505825820$60.06$3.79
Oct 2025Petex731477707700$60.89$3.19
Sep 2025Petex3906986980$63.96$2.97
Aug 2025Petex551523613610$64.86$2.91
Jul 2025Petex2404684680$68.39$3.20
Jun 2025Petex4406286280$68.17$3.02
May 2025Petex5908068060$62.17$3.12
Apr 2025Petex561537127120$63.54$3.42
Mar 2025Petex7807287280$68.24$4.12
Feb 2025Petex561665825820$71.53$4.19
Jan 2025Petex9106946940$75.74$4.13
Dec 2024Petex831757237230$70.12$3.01
Nov 2024Petex7706956950$69.95$2.12
Oct 2024Petex4304634630$71.99$2.20
Sep 2024Petex761687737730$70.24$2.28
Aug 2024Petex4507967960$76.68$1.99
Jul 2024Petex5106526520$81.80$2.07
Jun 2024Petex431607707700$79.77$2.54
May 2024Petex3302732730$80.02$2.12
Apr 2024Petex301668358350$85.35$1.60
Mar 2024Petex2809729720$81.28$1.49
Feb 2024Petex7107927920$77.25$1.72
Jan 2024Petex7307447440$74.15$3.18
Dec 2023Petex1481728648640$71.90$2.52
Nov 2023Petex971628188180$77.69$2.71
Oct 2023Petex7808678670$85.64$2.98
Sep 2023Petex671716606600$89.43$2.64
Aug 2023Petex11408448440$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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This lease belongs to

OperatorPetexFieldStephens County RegularCountyStephens County

Petex in Stephens County

All Petex leases →

Stephens County Regular field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • ELLIOTT

    0 mcf last 12 months · 0.5 km away

  • ELLIOTT "A"

    229 bbl last 12 months · 0.6 km away

  • HUDSON

    3 bbl last 12 months · 0.9 km away

  • BROOKS, R. W.

    0 bbl last 12 months · 1 km away

  • ELLIOT

    13,762 mcf last 12 months · 1.1 km away

New drilling permits in Stephens 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 “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 21701, 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.