Texas oil lease · RRC district 06 · Lease 11207
ProducingFLORENCE "B"
Florence "B" is an oil lease in Smith County, Texas, operated by Fair Oil, Ltd. in the Pine Springs (Goodland Lime) field. The Railroad Commission shows 690 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Fair Oil, Ltd.
- County
- Smith County
- RRC lease
- 06-11207
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Where it sits
This county
- Oil in Jul 2026
- 51 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 3% over the last 12 months
690 bbl in the 12 months through Jul 2026, against 713 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 11207, district 06. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed 2 times, most recently in Aug 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Fair Oil, Ltd. Aug 2025 to now
- Floex Energy LLC May 2023 to Jul 2025
- Crest Engineering Services,inc. Jan 2020 to Apr 2023
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-423-30697 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 06, lease 11207.
Who buys and gathers
Who moves and buys this lease's production
Oil
Dk Trading & Supply, LLC gathers it.
100% of it, on the list since May 1, 2023
Companies that used to be listed: Lion Oil Trading & Trans, LLC (gathers it, until May 1, 2023); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until May 1, 2023); Statewide Crude Inc. (gathers it, until Jun 18, 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.
Unit and wells
140 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Oct 4, 1983
- Latest permit
- Jun 24, 1983
A pooling certificate was filed
Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-423-30697 | 1 | Jun 24, 1983 | Oct 4, 1983 | 140 |
Estimator
Estimate your royalty for this lease
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 FLORENCE "B" 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
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Fair Oil, | 51 | 171 | $80.46 | $2.89 |
| Jun 2026Fair Oil, | 57 | 0 | $84.81 | $3.15 |
| May 2026Fair Oil, | 56 | 0 | $102.13 | $2.94 |
| Apr 2026Fair Oil, | 51 | 171 | $100.32 | $2.77 |
| Mar 2026Fair Oil, | 62 | 0 | $91.38 | $3.04 |
| Feb 2026Fair Oil, | 55 | 0 | $64.51 | $3.62 |
| Jan 2026Fair Oil, | 60 | 168 | $60.04 | $7.72 |
| Dec 2025Fair Oil, | 58 | 0 | $57.97 | $4.26 |
| Nov 2025Fair Oil, | 57 | 0 | $60.06 | $3.79 |
| Oct 2025Fair Oil, | 60 | 175 | $60.89 | $3.19 |
| Sep 2025Fair Oil, | 55 | 0 | $63.96 | $2.97 |
| Aug 2025Fair Oil, | 68 | 0 | $64.86 | $2.91 |
| Jul 2025Floex Energy | 57 | 167 | $68.39 | $3.20 |
| Jun 2025Floex Energy | 60 | 0 | $68.17 | $3.02 |
| May 2025Floex Energy | 57 | 169 | $62.17 | $3.12 |
| Apr 2025Floex Energy | 62 | 0 | $63.54 | $3.42 |
| Mar 2025Floex Energy | 63 | 0 | $68.24 | $4.12 |
| Feb 2025Floex Energy | 39 | 160 | $71.53 | $4.19 |
| Jan 2025Floex Energy | 61 | 0 | $75.74 | $4.13 |
| Dec 2024Floex Energy | 64 | 0 | $70.12 | $3.01 |
| Nov 2024Floex Energy | 59 | 170 | $69.95 | $2.12 |
| Oct 2024Floex Energy | 64 | 0 | $71.99 | $2.20 |
| Sep 2024Floex Energy | 70 | 0 | $70.24 | $2.28 |
| Aug 2024Floex Energy | 57 | 166 | $76.68 | $1.99 |
| Jul 2024Floex Energy | 68 | 0 | $81.80 | $2.07 |
| Jun 2024Floex Energy | 55 | 178 | $79.77 | $2.54 |
| May 2024Floex Energy | 25 | 0 | $80.02 | $2.12 |
| Apr 2024Floex Energy | 58 | 0 | $85.35 | $1.60 |
| Mar 2024Floex Energy | 60 | 0 | $81.28 | $1.49 |
| Feb 2024Floex Energy | 52 | 165 | $77.25 | $1.72 |
| Jan 2024Floex Energy | 61 | 0 | $74.15 | $3.18 |
| Dec 2023Floex Energy | 58 | 0 | $71.90 | $2.52 |
| Nov 2023Floex Energy | 55 | 165 | $77.69 | $2.71 |
| Oct 2023Floex Energy | 62 | 0 | $85.64 | $2.98 |
| Sep 2023Floex Energy | 54 | 0 | $89.43 | $2.64 |
| Aug 2023Floex Energy | 100 | 164 | $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
Do your checks match this lease?
Upload your statements for FLORENCE "B". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Fair Oil, Ltd.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Fair Oil, Ltd. in Smith County
No other producing leases from this operator in this county are in our data yet.
Pine Springs (Goodland Lime) field
No other producing leases in this field are in our data yet.
Leases within 10 km
Found by the location of their wells.
- SHAMBURGER LAKE UNIT
9,412 bbl last 12 months · 2.1 km away
- HITTS LAKE UNIT
4,400 bbl last 12 months · 3.7 km away
- BRADY, ELIZABETH
0 bbl last 12 months · 3.8 km away
- SAND FLAT UNIT
92,625 bbl last 12 months · 3.8 km away
- GASTON
1,233 mcf last 12 months · 5.1 km away
Drilling permits within 10 km
FENDER #1
new drill · Texakoma E & P, LLC · Smith County · 6.6 km away
Permit 0905713 · Feb 6, 2025
JONES 'A' #1
re-entry · 3-T Exploration, Inc. · Smith County · 7.3 km away
Permit 0904882 · Dec 31, 2024
SAND FLAT UNIT #52
recompletion · Vess Oil Corporation · Smith County · 5.8 km away
Permit 0899694 · May 14, 2024
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 11207, district 06, 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.