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Royalty Clerk

Texas oil lease

Producing

GIFFORD

Gifford is an oil lease in Clay County, Texas, operated by TB Petroleum, LLC in the Dillard field.

Oil lease dossier

172bbl oil, last 12 months−22% vs prior year
Field
Dillard
RRC lease
09-34108

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Where it sits

This county

Clay CountyClayWichitaMontagueArcherClay County
Clay County
Oil in Jul 2026
16 bbl
Reporting since
Mar 2022

Checks stopped on this lease?

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production for GIFFORD, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 172 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 months: 172 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production for GIFFORD, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 172 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Mar 17, 2022
Targa Midstream Services LLCCasinghead gasBuys100Mar 17, 2022
Targa Midstream Services LLCCasinghead gasGathers100Mar 17, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

112 acres on the newest permit

Permits for Gifford
API numberWell no.Acreson the permit
42-077-35223B 1112

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for GIFFORD
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026160$80.46$2.89
Jun 2026130$84.81$3.15
May 2026110$102.13$2.94
Apr 2026100$100.32$2.77
Mar 2026200$91.38$3.04
Feb 202616165$64.51$3.62
Jan 2026110$60.04$7.72
Dec 2025140$57.97$4.26
Nov 2025180$60.06$3.79
Oct 2025130$60.89$3.19
Sep 2025160$63.96$2.97
Aug 2025140$64.86$2.91
Jul 2025140$68.39$3.20
Jun 2025170$68.17$3.02
May 2025200$62.17$3.12
Apr 2025170$63.54$3.42
Mar 202515172$68.24$4.12
Feb 2025190$71.53$4.19
Jan 2025240$75.74$4.13
Dec 2024150$70.12$3.01
Nov 2024170$69.95$2.12
Oct 2024220$71.99$2.20
Sep 2024180$70.24$2.28
Aug 2024230$76.68$1.99
Jul 2024170$81.80$2.07
Jun 202415166$79.77$2.54
May 2024270$80.02$2.12
Apr 2024230$85.35$1.60
Mar 2024260$81.28$1.49
Feb 2024300$77.25$1.72
Jan 2024280$74.15$3.18
Dec 2023260$71.90$2.52
Nov 202329170$77.69$2.71
Oct 2023270$85.64$2.98
Sep 2023280$89.43$2.64
Aug 2023330$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

TB Petroleum, LLC in Clay County

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