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Royalty Clerk

Texas oil lease · RRC district 10 · Lease 00638

Producing

FAULKNER, S.

Faulkner, S. is an oil lease in Gray County, Texas, operated by Large Operating LLC in the Panhandle Gray County Field field. The Railroad Commission shows 1,404 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 21 wells

1,404bbl oil, last 12 months−31% vs prior year
Operator
Large Operating LLC
County
Gray County
Field
Panhandle Gray County Field
RRC lease
10-00638

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County · RRC district 10Open Gray County →
Oil in Jun 2026
132 bbl
Reporting to the state
since Jan 2020
Wells
21
Data through
Jun 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 31% over the last 12 months

1,276 bbl in the 12 months through Jul 2026, against 1,840 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production for FAULKNER, S., Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,276 bbl in the 12 months through Jul 2026, against 1,840 bbl in the 12 months before.Last 12 months: 1,276 bblbbl per month050100150200250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production for FAULKNER, S., Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,276 bbl in the 12 months through Jul 2026, against 1,840 bbl in the 12 months before.Last 12 monthsbbl per month050100150200250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 00638, district 10. 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.

The operator changed once, most recently in Nov 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 timeXTO Energy Inc., Jan 2020 to Oct 2021; Large Operating LLC, Nov 2021 to Jun 20262020202120222023202420252026Changed Nov 2021XTO Energy Inc.Jan 2020 to Oct 2021Large Operating LLCNov 2021 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to Oct 2021; Large Operating LLC, Nov 2021 to Jun 20262020202120222023202420252026Changed Nov 2021XTO Energy Inc.Jan 2020 to Oct 2021Large Operating LLCNov 2021 to now

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

Wells

21 wells on this lease

Every well the Railroad Commission links to oil lease 00638 in district 10. The API number is the state’s ID for a well.
Wells on FAULKNER, S.
API numberWell no.Status
42-179-031605WActive
42-179-031638Active
42-179-031649Active
42-179-0316812Active
42-179-0317014Active
42-179-0317115Active
42-179-080331Shut-in
42-179-080353Shut-in
42-179-0803913Shut-in
42-179-2012218Active
42-179-3009719Active
42-179-3009921Shut-in
42-179-3014722Active
42-179-3194824Active
42-179-3203823Shut-in
42-179-3216525Active
42-179-832472Active
42-179-832516Active
42-179-832527Active
42-179-8325510Active
42-179-8325611Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 00638.

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

    Eastex Crude Company, LLC, Kimrad Transport, LP, Mission Petroleum Carriers, Inc. and Plains Marketing, L.p. gather it.

    Eastex Crude Company, LLC gathers it: 25% of it, on the list since Jan 1, 2023 · Kimrad Transport, LP gathers it: 25% of it, on the list since Feb 1, 2022 · Mission Petroleum Carriers, Inc. gathers it: 25% of it, on the list since Feb 1, 2022 · Plains Marketing, L.p. gathers it: 25% of it, on the list since Feb 1, 2022

Companies that used to be listed: Iacx Rock Creek LLC (gathers it, until Jan 1, 2023); Iacx Rock Creek LLC (buys it, until Jan 1, 2023); Eastex Crude Company (gathers it, until Jan 1, 2023); Energy Transfer Company (gathers it, until Feb 1, 2022); Energy Transfer Company (buys it, until Feb 1, 2022); Eastex Crude Company (gathers it, until Feb 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

203 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
2515 not plugged
Horizontal
0
First completion
Aug 2, 1929
Latest permit
May 9, 1996

25 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Faulkner, S.
API numberWell no.Acreson the permit
42-179-3216525203
42-179-3203823201
42-179-3194824201
42-179-031605–
42-179-031605W–
42-179-031638–
42-179-031649–
42-179-0316812–
42-179-0317014–
42-179-0317115–
42-179-080331–
42-179-080353–

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 FAULKNER, S. 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 FAULKNER, S.
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Large Operating132168$84.81$3.15
May 2026Large Operating1000$102.13$2.94
Apr 2026Large Operating127177$100.32$2.77
Mar 2026Large Operating143160$91.38$3.04
Feb 2026Large Operating550$64.51$3.62
Jan 2026Large Operating270$60.04$7.72
Dec 2025Large Operating134151$57.97$4.26
Nov 2025Large Operating134156$60.06$3.79
Oct 2025Large Operating144164$60.89$3.19
Sep 2025Large Operating140150$63.96$2.97
Aug 2025Large Operating140156$64.86$2.91
Jul 2025Large Operating128175$68.39$3.20
Jun 2025Large Operating1420$68.17$3.02
May 2025Large Operating147154$62.17$3.12
Apr 2025Large Operating155158$63.54$3.42
Mar 2025Large Operating146175$68.24$4.12
Feb 2025Large Operating118183$71.53$4.19
Jan 2025Large Operating191176$75.74$4.13
Dec 2024Large Operating220175$70.12$3.01
Nov 2024Large Operating154170$69.95$2.12
Oct 2024Large Operating159151$71.99$2.20
Sep 2024Large Operating128160$70.24$2.28
Aug 2024Large Operating152148$76.68$1.99
Jul 2024Large Operating580$81.80$2.07
Jun 2024Large Operating70170$79.77$2.54
May 2024Large Operating900$80.02$2.12
Apr 2024Large Operating145158$85.35$1.60
Mar 2024Large Operating166210$81.28$1.49
Feb 2024Large Operating163156$77.25$1.72
Jan 2024Large Operating176166$74.15$3.18
Dec 2023Large Operating179172$71.90$2.52
Nov 2023Large Operating190174$77.69$2.71
Oct 2023Large Operating184164$85.64$2.98
Sep 2023Large Operating186173$89.43$2.64
Aug 2023Large Operating187344$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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Upload your statements for FAULKNER, S.. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Large Operating 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

OperatorLarge Operating LLCFieldPanhandle Gray County FieldCountyGray County

Large Operating LLC in Gray County

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Panhandle Gray County Field field

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Leases within 10 km

Found by the location of their wells.

New drilling permits in Gray 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 Jun 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 00638, district 10, 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.