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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 50656

Producing

ESTES, E. W.

Estes, E. W. is an oil lease in Ward County, Texas, operated by Two P Partners, LLC in the Estes Block 34 (Wich.-Alb., L.) field. The Railroad Commission shows 1,634 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier

1,634bbl oil, last 12 months−63% vs prior year
Operator
Two P Partners, LLC
County
Ward County
Field
Estes Block 34 (Wich.-Alb., L.)
RRC lease
08-50656

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County · RRC district 08Open Ward County →
Gas, last 12 months
2,942 mcf
Oil in Jul 2026
220 bbl
Reporting to the state
since Jan 2020
Data through
Jul 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).

Oil output fell 63% over the last 12 months

1,634 bbl in the 12 months through Jul 2026, against 4,394 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for ESTES, E. W., Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 1,634 bbl in the 12 months through Jul 2026, against 4,394 bbl in the 12 months before.Last 12 months: 1,634 bblbbl per monthmcf per month002505005001,0007501,5001,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for ESTES, E. W., Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 1,634 bbl in the 12 months through Jul 2026, against 4,394 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 50656, 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.

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 ESTES, E. W. 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 ESTES, E. W. 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 50656, district 08. 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.

The operator changed once, most recently in Jan 2021

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 timeFour Corners Petroleum II, LLC, Jan 2020 to Dec 2020; Two P Partners, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Four Corners Petroleum II, LLCJan 2020 to Dec 2020Two P Partners, LLCJan 2021 to now
Operators of this lease over timeFour Corners Petroleum II, LLC, Jan 2020 to Dec 2020; Two P Partners, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Four Corners Petroleum II, LLCJan 2020 to Dec 2020Two P Partners, LLCJan 2021 to now

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

Wells

Wells on this lease

Every well the Railroad Commission links to oil lease 50656 in district 08. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

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

    Explore Logistics LLC gathers it.

    100% of it, on the list since Jul 1, 2024

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Jul 12, 2018 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Jul 12, 2018

Companies that used to be listed: Oasis Transp & Marketing Corp. (gathers it, until Jul 1, 2024); Rio Energy International, Inc. (gathers it, until Jan 1, 2024); Gibson Energy Marketing, LLC (gathers it, until Oct 1, 2022); Permian Crude Transport, LP (gathers it, until Jan 1, 2021).

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

2,507 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
Jul 12, 2018
Latest permit
Jun 8, 2018
Wells and acres on the permits for Estes, E. W.
API numberWell no.Acreson the permit
42-475-316582452,507
42-475-304662392,507

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 ESTES, E. W. 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 ESTES, E. W.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Two P2202202952950$80.46$2.89
Jun 2026Two P3103575345340$84.81$3.15
May 2026Two P3673828238230$102.13$2.94
Apr 2026Two P145834024020$100.32$2.77
Mar 2026Two P00000$91.38$3.04
Feb 2026Two P00000$64.51$3.62
Jan 2026Two P00000$60.04$7.72
Dec 2025Two P00000$57.97$4.26
Nov 2025Two P00000$60.06$3.79
Oct 2025Two P1631631831830$60.89$3.19
Sep 2025Two P00000$63.96$2.97
Aug 2025Two P4294537057050$64.86$2.91
Jul 2025Two P3112876616610$68.39$3.20
Jun 2025Two P00000$68.17$3.02
May 2025Two P29333560600$62.17$3.12
Apr 2025Two P1932113953950$63.54$3.42
Mar 2025Two P3302796436430$68.24$4.12
Feb 2025Two P2042553983980$71.53$4.19
Jan 2025Two P5064778148140$75.74$4.13
Dec 2024Two P4935118598590$70.12$3.01
Nov 2024Two P8128631,4691,4690$69.95$2.12
Oct 2024Two P2782598618610$71.99$2.20
Sep 2024Two P4223878338330$70.24$2.28
Aug 2024Two P5525381,0361,0360$76.68$1.99
Jul 2024Two P2051734614610$81.80$2.07
Jun 2024Two P2973335925920$79.77$2.54
May 2024Two P108722212210$80.02$2.12
Apr 2024Two P00000$85.35$1.60
Mar 2024Two P00000$81.28$1.49
Feb 2024Two P00000$77.25$1.72
Jan 2024Two P00000$74.15$3.18
Dec 2023Two P65735035030$71.90$2.52
Nov 2023Two P69784434430$77.69$2.71
Oct 2023Two P1741895625620$85.64$2.98
Sep 2023Two P9361330$89.43$2.64
Aug 2023Two P3924626946940$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

OperatorTwo P Partners, LLCFieldEstes Block 34 (Wich.-Alb., L.)CountyWard County

Two P Partners, LLC in Ward County

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Estes Block 34 (Wich.-Alb., L.) field

No other producing leases in this field are in our data yet.

New drilling permits in Ward 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 50656, 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.