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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 34064

Producing

FARRELL

Farrell is an oil lease in Hardeman County, Texas, operated by Interstate Explorations LLC in the Piarist, SW (Miss) field. The Railroad Commission shows 650 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

650bbl oil, last 12 months+396% vs prior year
Operator
Interstate Explorations LLC
County
Hardeman County
Field
Piarist, SW (Miss)
RRC lease
09-34064

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Where it sits

This county

Hardeman CountyHardemanCottleChildressFoardWilbargerHardeman County
Hardeman County · RRC district 09Open Hardeman County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Oct 2021
Wells
1
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 rose 396% over the last 12 months

650 bbl in the 12 months through Jul 2026, against 131 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 396% over the last 12 monthsMonthly oil production for FARRELL, Aug 2023 to Jul 2026. Oil output rose 396% over the last 12 months. 650 bbl in the 12 months through Jul 2026, against 131 bbl in the 12 months before.Last 12 months: 650 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 396% over the last 12 monthsMonthly oil production for FARRELL, Aug 2023 to Jul 2026. Oil output rose 396% over the last 12 months. 650 bbl in the 12 months through Jul 2026, against 131 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 34064, district 09. 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.

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.

Interstate Explorations LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeInterstate Explorations LLC, Oct 2021 to Jul 202620222023202420252026Interstate Explorations LLCOct 2021 to nowthrough Jul 2026
Operators of this lease over timeInterstate Explorations LLC, Oct 2021 to Jul 202620222023202420252026Interstate Explorations LLCOct 2021 to nowthrough Jul 2026

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 oil lease 34064 in district 09. The API number is the state’s ID for a well.
Wells on FARRELL
API numberWell no.Status
42-197-317821Active

SourceTexas Railroad Commission Wellbore Query, district 09, lease 34064.

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

    Ptt Premier Trading and Tran LLC gathers it.

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

Companies that used to be listed: Transoil Marketing, LLC (gathers it, until May 1, 2024).

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

80 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
Oct 15, 2021
Latest permit
Sep 7, 2021
Wells and acres on the permits for Farrell
API numberWell no.Acreson the permit
42-197-31782180

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 FARRELL 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.

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 FARRELL
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Interstate Explorations00$80.46$2.89
Jun 2026Interstate Explorations00$84.81$3.15
May 2026Interstate Explorations170$102.13$2.94
Apr 2026Interstate Explorations57194$100.32$2.77
Mar 2026Interstate Explorations107190$91.38$3.04
Feb 2026Interstate Explorations750$64.51$3.62
Jan 2026Interstate Explorations00$60.04$7.72
Dec 2025Interstate Explorations00$57.97$4.26
Nov 2025Interstate Explorations00$60.06$3.79
Oct 2025Interstate Explorations500$60.89$3.19
Sep 2025Interstate Explorations700$63.96$2.97
Aug 2025Interstate Explorations274353$64.86$2.91
Jul 2025Interstate Explorations430$68.39$3.20
Jun 2025Interstate Explorations70$68.17$3.02
May 2025Interstate Explorations70$62.17$3.12
Apr 2025Interstate Explorations120$63.54$3.42
Mar 2025Interstate Explorations70$68.24$4.12
Feb 2025Interstate Explorations00$71.53$4.19
Jan 2025Interstate Explorations30$75.74$4.13
Dec 2024Interstate Explorations50$70.12$3.01
Nov 2024Interstate Explorations00$69.95$2.12
Oct 2024Interstate Explorations00$71.99$2.20
Sep 2024Interstate Explorations270$70.24$2.28
Aug 2024Interstate Explorations200$76.68$1.99
Jul 2024Interstate Explorations120$81.80$2.07
Jun 2024Interstate Explorations45158$79.77$2.54
May 2024Interstate Explorations341$80.02$2.12
Apr 2024Interstate Explorations150$85.35$1.60
Mar 2024Interstate Explorations36163$81.28$1.49
Feb 2024Interstate Explorations951$77.25$1.72
Jan 2024Interstate Explorations110167$74.15$3.18
Dec 2023Interstate Explorations970$71.90$2.52
Nov 2023Interstate Explorations102182$77.69$2.71
Oct 2023Interstate Explorations154177$85.64$2.98
Sep 2023Interstate Explorations1120$89.43$2.64
Aug 2023Interstate Explorations80174$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

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Upload your statements for FARRELL. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Interstate Explorations LLC.

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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

OperatorInterstate Explorations LLCFieldPiarist, SW (Miss)CountyHardeman County

Interstate Explorations LLC in Hardeman County

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Piarist, SW (Miss) field

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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 34064, district 09, 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.