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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 07480

No report in 6+ months

GRAHAM

Graham is an oil lease in Young County, Texas, operated by Three P Operating Co.,gp, L.L.C. in the Young County Regular field.

Oil lease dossier · 14 wells

0bbl oil, last 12 months
Operator
Three P Operating Co.,gp, L.L.C.
County
Young County
Field
Young County Regular
RRC lease
09-07480

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County · RRC district 09Open Young County →
Oil in Dec 2024
0 bbl
Reporting to the state
since Jan 2020
Wells
14
Data through
Dec 2024

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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Jan 2022 to Dec 2024). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

Three P Operating Co.,gp, L.L.C. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Dec 202420202021202220232024Three P Operating Co.,gp, L.L…Jan 2020 to nowthrough Dec 2024
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Dec 202420202021202220232024Three P Operating Co.,gp, L.L.C.Jan 2020 to nowthrough Dec 2024

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

Wells

14 wells on this lease

Every well the Railroad Commission links to oil lease 07480 in district 09. The API number is the state’s ID for a well.
Wells on GRAHAM
API numberWell no.Status
42-503-021423Active
42-503-0219612Active
42-503-0223013Active
42-503-0641011Active
42-503-0641115Active
42-503-815401Active
42-503-815424Active
42-503-815435Active
42-503-815446Active
42-503-815457Active
42-503-815468Active
42-503-815479Active
42-503-8154810Active
42-503-8155214Active

SourceTexas Railroad Commission Wellbore Query, district 09, lease 07480.

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

    Conoco Pipe Line Company gathers it.

    100% of it, on the list since Apr 1, 1991

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

What the drilling permits say

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
140 not plugged
Horizontal
0
First completion
Jul 19, 1930
Latest permit
–

14 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 Graham
API numberWell no.Acreson the permit
42-503-021423–
42-503-0219612–
42-503-0223013–
42-503-0641011–
42-503-0641115–
42-503-815401–
42-503-815424–
42-503-815435–
42-503-815446–
42-503-815457–
42-503-815468–
42-503-815479–

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 GRAHAM sold each month.

For example 0.00097656, or a fraction like 1/1024.

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 GRAHAM
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Dec 2024Three P00$70.12$3.01
Nov 2024Three P00$69.95$2.12
Oct 2024Three P00$71.99$2.20
Sep 2024Three P00$70.24$2.28
Aug 2024Three P00$76.68$1.99
Jul 2024Three P00$81.80$2.07
Jun 2024Three P00$79.77$2.54
May 2024Three P00$80.02$2.12
Apr 2024Three P00$85.35$1.60
Mar 2024Three P00$81.28$1.49
Feb 2024Three P00$77.25$1.72
Jan 2024Three P00$74.15$3.18
Dec 2023Three P00$71.90$2.52
Nov 2023Three P00$77.69$2.71
Oct 2023Three P00$85.64$2.98
Sep 2023Three P00$89.43$2.64
Aug 2023Three P00$81.39$2.58
Jul 2023Three P00$76.07$2.55
Jun 2023Three P00$70.25$2.18
May 2023Three P00$71.58$2.15
Apr 2023Three P00$79.45$2.16
Mar 2023Three P00$73.28$2.31
Feb 2023Three P00$76.83$2.38
Jan 2023Three P00$78.12$3.27
Dec 2022Three P00$76.44$5.53
Nov 2022Three P00$84.37$5.45
Oct 2022Three P00$87.55$5.66
Sep 2022Three P00$84.26$7.88
Aug 2022Three P00$93.67$8.81
Jul 2022Three P00$101.62$7.28
Jun 2022Three P00$114.84$7.70
May 2022Three P00$109.55$8.14
Apr 2022Three P00$101.78$6.60
Mar 2022Three P00$108.50$4.90
Feb 2022Three P00$91.64$4.69
Jan 2022Three P00$83.22$4.38

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 GRAHAM. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Three P Operating Co.,gp, L.L.C.

Check my statementTry a sample owner
  • 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

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorThree P Operating Co.,gp, L.L.C.FieldYoung County RegularCountyYoung County

Three P Operating Co.,gp, L.L.C. in Young County

All Three P Operating Co.,gp, L.L.C. leases →

Young County Regular 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 Dec 2024?

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 07480, district 09, 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.