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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 18757

Producing

FRANKLIN 22B

Franklin 22B is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field. The Railroad Commission shows 1,166 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

1,166bbl oil, last 12 months−16% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-18757

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County · RRC district 7COpen Upton County →
Gas, last 12 months
10,048 mcf
Oil in Jul 2026
85 bbl
Reporting to the state
since Jan 2020
Wells
1

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 16% over the last 12 months

1,166 bbl in the 12 months through Jul 2026, against 1,392 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22B, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,166 bbl in the 12 months through Jul 2026, against 1,392 bbl in the 12 months before.Last 12 months: 1,166 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22B, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,166 bbl in the 12 months through Jul 2026, against 1,392 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 18757, district 7C. 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.

Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.9% of the gas in Sep 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FRANKLIN 22B gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.9% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: fuel to plantFlared 4.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FRANKLIN 22B gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 4.9% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Dec 25: fuel to plantFlared 4.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 18757, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.1% of the gas was flared. 2 months went above 3%, which we mark in the ledger below.

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 Feb 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 timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

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 18757 in district 7C. The API number is the state’s ID for a well.
Wells on FRANKLIN 22B
API numberWell no.Status
42-461-392042Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 18757.

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

    Medallion Operating Company, LLC and Shell Trading (Us) Company gather it.

    Medallion Operating Company, LLC gathers it: 50% of it, on the list since Feb 1, 2021 · Shell Trading (Us) Company gathers it: 50% of it, on the list since Feb 1, 2021

  • Gas from oil wells

    Targa Pipeline Mid-Continent LLC buys and gathers it.

    Targa Pipeline Mid-Continent LLC buys it: 100% of it, on the list since Feb 1, 2021 · Targa Pipeline Mid-Continent LLC gathers it: 100% of it, on the list since Feb 1, 2021

Companies that used to be listed: Targa Pl Mid-Cont Westtex LLC (gathers it, until Feb 1, 2021); Targa Pl Mid-Cont Westtex LLC (buys it, until Feb 1, 2021); Shell Trading (Us) Company (gathers it, until Feb 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

162.50 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
11 not plugged
Horizontal
0
First completion
Apr 12, 2014
Latest permit
Dec 31, 2013
Wells and acres on the permits for Franklin 22B
API numberWell no.Acreson the permit
42-461-392042162.50

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

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 FRANKLIN 22B 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 FRANKLIN 22B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Pioneer Natural851287236220$80.46$2.89
Jun 2026Pioneer Natural1941601,5751,3710$84.81$3.15
May 2026Pioneer Natural135371,5651,3540$102.13$2.94
Apr 2026Pioneer Natural1151511,7031,4990$100.32$2.77
Mar 2026Pioneer Natural55801,4511,2400$91.38$3.04
Feb 2026Pioneer Natural141808977840$64.51$3.62
Jan 2026Pioneer Natural44351,2751,1280$60.04$7.72
Dec 2025Pioneer Natural65734483710$57.97$4.26
Nov 2025Pioneer Natural261065670$60.06$3.79
Oct 2025Pioneer Natural140120115170$60.89$3.19
Sep 2025Pioneer Natural82105102105$63.96$2.97
Aug 2025Pioneer Natural847713815$64.86$2.91
Jul 2025Pioneer Natural1119110300$68.39$3.20
Jun 2025Pioneer Natural1183813240$68.17$3.02
May 2025Pioneer Natural20352871940$62.17$3.12
Apr 2025Pioneer Natural501001,0689610$63.54$3.42
Mar 2025Pioneer Natural1571151,2551,1150$68.24$4.12
Feb 2025Pioneer Natural51794152960$71.53$4.19
Jan 2025Pioneer Natural32950160$75.74$4.13
Dec 2024Pioneer Natural1011484693820$70.12$3.01
Nov 2024Pioneer Natural1941957646790$69.95$2.12
Oct 2024Pioneer Natural981376515620$71.99$2.20
Sep 2024Pioneer Natural2922937666780$70.24$2.28
Aug 2024Pioneer Natural19722880870910$76.68$1.99
Jul 2024Pioneer Natural2811511,0859690$81.80$2.07
Jun 2024Pioneer Natural90958827850$79.77$2.54
May 2024Pioneer Natural871348367040$80.02$2.12
Apr 2024Pioneer Natural2332641,3711,2240$85.35$1.60
Mar 2024Pioneer Natural2971838117220$81.28$1.49
Feb 2024Pioneer Natural1841615454920$77.25$1.72
Jan 2024Pioneer Natural24395250$74.15$3.18
Dec 2023Pioneer Natural1742191,0148970$71.90$2.52
Nov 2023Pioneer Natural2372095795070$77.69$2.71
Oct 2023Pioneer Natural1901903953250$85.64$2.98
Sep 2023Pioneer Natural1541895414510$89.43$2.64
Aug 2023Pioneer Natural163104212580$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

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Spraberry (Trend Area) R 40 Exc field

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Leases within 10 km

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 18757, district 7C, 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.

FAQ

Questions about FRANKLIN 22B

Who operates the FRANKLIN 22B lease?

The Railroad Commission lists Pioneer Natural Res. USA, Inc. (operator number 665748) as the operator of this lease in Upton County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the FRANKLIN 22B lease produced?

The lease reported 1,166 bbl of oil and 10,048 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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