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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 17419

Producing

FUNK

Funk is an oil lease in Tom Green County, Texas, operated by Prestonwood Operating LLC in the Funk (San Andres) field. The Railroad Commission shows 2,357 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 17 wells

2,357bbl oil, last 12 months−32% vs prior year
Operator
Prestonwood Operating LLC
County
Tom Green County
Field
Funk (San Andres)
RRC lease
7C-17419

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Where it sits

This county

Tom Green CountyTom GreenIrionRunnelsSterlingConchoCokeTom Green County
Tom Green County · RRC district 7COpen Tom Green County →
Oil in Jun 2026
146 bbl
Reporting to the state
since Jan 2020
Wells
17
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 32% over the last 12 months

2,096 bbl in the 12 months through Jul 2026, against 3,073 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 32% over the last 12 monthsMonthly oil production for FUNK, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 2,096 bbl in the 12 months through Jul 2026, against 3,073 bbl in the 12 months before.Last 12 months: 2,096 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production for FUNK, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 2,096 bbl in the 12 months through Jul 2026, against 3,073 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 17419, 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.

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 Jul 2020

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 timeBanner Operating, LLC, Jan 2020 to Jun 2020; Prestonwood Operating LLC, Jul 2020 to Jun 20262020202120222023202420252026Changed Jul 2020Banner Operating, LLCJan 2020 to Jun 2020Prestonwood Operating LLCJul 2020 to now
Operators of this lease over timeBanner Operating, LLC, Jan 2020 to Jun 2020; Prestonwood Operating LLC, Jul 2020 to Jun 20262020202120222023202420252026Changed Jul 2020Banner Operating, LLCJan 2020 to Jun 2020Prestonwood Operating LLCJul 2020 to now

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

Wells

17 wells on this lease

Every well the Railroad Commission links to oil lease 17419 in district 7C. The API number is the state’s ID for a well.
Wells on FUNK
API numberWell no.Status
42-451-325753701Shut-in
42-451-326183702Shut-in
42-451-326663801Active
42-451-326673802Shut-in
42-451-326973803Active
42-451-326983804Active
42-451-327523807Active
42-451-327663808Active
42-451-327853809Active
42-451-328013811Active
42-451-328203812Active
42-451-328213813Shut-in
42-451-328233815Active
42-451-328483816Shut-in
42-451-328533817Active
42-451-328643818Active
42-451-328743810Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 17419.

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

    Transoil Marketing, LLC gathers it.

    100% of it, on the list since Jul 1, 2020

Companies that used to be listed: Targa Midstream Services LLC (gathers it, until Jul 1, 2020); Targa Midstream Services LLC (buys it, until Jul 1, 2020); Sentinel Transportation, LLC (gathers it, until Jul 1, 2020); Transoil Marketing, LLC (gathers it, until Jul 1, 2020).

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

1,920 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
1716 not plugged
Horizontal
0
First completion
Mar 30, 2008
Latest permit
Apr 3, 2018

The wells on this lease state different acreage

The permits state between 10 and 1,920 acres. Use the acres from your own division order for the well you are paid on.

17 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 Funk
API numberWell no.Acreson the permit
42-451-3287438101,920
42-451-3286438181,920
42-451-3285338171,920
42-451-3284838161,920
42-451-3282338151,920
42-451-3282138131,920
42-451-3282038121,920
42-451-3280138111,920
42-451-3278538091,920
42-451-3276638081,920
42-451-327523807660
42-451-326973803640

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 FUNK 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 FUNK
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Prestonwood Operating1460$84.81$3.15
May 2026Prestonwood Operating168168$102.13$2.94
Apr 2026Prestonwood Operating165335$100.32$2.77
Mar 2026Prestonwood Operating187170$91.38$3.04
Feb 2026Prestonwood Operating1530$64.51$3.62
Jan 2026Prestonwood Operating138163$60.04$7.72
Dec 2025Prestonwood Operating216336$57.97$4.26
Nov 2025Prestonwood Operating218160$60.06$3.79
Oct 2025Prestonwood Operating251171$60.89$3.19
Sep 2025Prestonwood Operating362351$63.96$2.97
Aug 2025Prestonwood Operating92176$64.86$2.91
Jul 2025Prestonwood Operating261356$68.39$3.20
Jun 2025Prestonwood Operating246169$68.17$3.02
May 2025Prestonwood Operating263332$62.17$3.12
Apr 2025Prestonwood Operating343350$63.54$3.42
Mar 2025Prestonwood Operating219177$68.24$4.12
Feb 2025Prestonwood Operating156173$71.53$4.19
Jan 2025Prestonwood Operating233169$75.74$4.13
Dec 2024Prestonwood Operating263352$70.12$3.01
Nov 2024Prestonwood Operating244168$69.95$2.12
Oct 2024Prestonwood Operating271347$71.99$2.20
Sep 2024Prestonwood Operating300165$70.24$2.28
Aug 2024Prestonwood Operating274338$76.68$1.99
Jul 2024Prestonwood Operating267175$81.80$2.07
Jun 2024Prestonwood Operating258350$79.77$2.54
May 2024Prestonwood Operating287338$80.02$2.12
Apr 2024Prestonwood Operating308176$85.35$1.60
Mar 2024Prestonwood Operating304334$81.28$1.49
Feb 2024Prestonwood Operating267347$77.25$1.72
Jan 2024Prestonwood Operating279169$74.15$3.18
Dec 2023Prestonwood Operating293339$71.90$2.52
Nov 2023Prestonwood Operating259335$77.69$2.71
Oct 2023Prestonwood Operating294171$85.64$2.98
Sep 2023Prestonwood Operating288340$89.43$2.64
Aug 2023Prestonwood Operating314319$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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This lease belongs to

OperatorPrestonwood Operating LLCFieldFunk (San Andres)CountyTom Green County

Prestonwood Operating LLC in Tom Green County

All Prestonwood Operating LLC leases →

Funk (San Andres) field

All leases in this field →

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 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 17419, 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.