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Royalty Clerk

Texas oil lease · RRC district 01 · Lease 14377

Producing

GUNN

Gunn is an oil lease in Milam County, Texas, operated by Brazos Geological Consulting LT in the Midway (2300 Oil) field. The Railroad Commission shows 1,173 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

1,173bbl oil, last 12 months+33% vs prior year
Operator
Brazos Geological Consulting LT
County
Milam County
Field
Midway (2300 Oil)
RRC lease
01-14377

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County · RRC district 01Open Milam County →
Oil in Jul 2026
183 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Jul 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 rose 33% over the last 12 months

1,173 bbl in the 12 months through Jul 2026, against 881 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 33% over the last 12 monthsMonthly oil production for GUNN, Aug 2023 to Jul 2026. Oil output rose 33% over the last 12 months. 1,173 bbl in the 12 months through Jul 2026, against 881 bbl in the 12 months before.Last 12 months: 1,173 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 33% over the last 12 monthsMonthly oil production for GUNN, Aug 2023 to Jul 2026. Oil output rose 33% over the last 12 months. 1,173 bbl in the 12 months through Jul 2026, against 881 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 14377, district 01. 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 Dec 2024

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 timeSheldon Resources, L.P., Jan 2020 to Nov 2024; Brazos Geological Consulting LT, Dec 2024 to Jul 20262020202120222023202420252026Changed Dec 2024Sheldon Resources, L.P.Jan 2020 to Nov 2024Brazos Geological Consulting…Dec 2024 to now
Operators of this lease over timeSheldon Resources, L.P., Jan 2020 to Nov 2024; Brazos Geological Consulting LT, Dec 2024 to Jul 20262020202120222023202420252026Changed Dec 2024Sheldon Resources, L.P.Jan 2020 to Nov 2024Brazos Geological Consulting LTDec 2024 to now

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 14377 in district 01. The API number is the state’s ID for a well.
Wells on GUNN
API numberWell no.Status
42-331-327211Shut-in
42-331-335532Active

SourceTexas Railroad Commission Wellbore Query, district 01, lease 14377.

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

    Energy Transfer Company gathers it.

    100% of it, on the list since Dec 1, 2024

Companies that used to be listed: Gulfmark Energy, Inc. (gathers it, until Dec 1, 2024); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Feb 12, 2024).

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

20.50 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
22 not plugged
Horizontal
0
First completion
Apr 1, 1985
Latest permit
Oct 14, 2002
Wells and acres on the permits for Gunn
API numberWell no.Acreson the permit
42-331-33553220.50
42-331-32721121.40

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 GUNN 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 GUNN
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Brazos Geological183155$80.46$2.89
Jun 2026Brazos Geological105167$84.81$3.15
May 2026Brazos Geological132160$102.13$2.94
Apr 2026Brazos Geological940$100.32$2.77
Mar 2026Brazos Geological77153$91.38$3.04
Feb 2026Brazos Geological880$64.51$3.62
Jan 2026Brazos Geological73154$60.04$7.72
Dec 2025Brazos Geological810$57.97$4.26
Nov 2025Brazos Geological71161$60.06$3.79
Oct 2025Brazos Geological920$60.89$3.19
Sep 2025Brazos Geological88157$63.96$2.97
Aug 2025Brazos Geological890$64.86$2.91
Jul 2025Brazos Geological89150$68.39$3.20
Jun 2025Brazos Geological840$68.17$3.02
May 2025Brazos Geological66308$62.17$3.12
Apr 2025Brazos Geological940$63.54$3.42
Mar 2025Brazos Geological195153$68.24$4.12
Feb 2025Brazos Geological760$71.53$4.19
Jan 2025Brazos Geological260$75.74$4.13
Dec 2024Brazos Geological00$70.12$3.01
Nov 2024Sheldon Resources,35145$69.95$2.12
Oct 2024Sheldon Resources,50$71.99$2.20
Sep 2024Sheldon Resources,1000$70.24$2.28
Aug 2024Sheldon Resources,111165$76.68$1.99
Jul 2024Sheldon Resources,166170$81.80$2.07
Jun 2024Sheldon Resources,67167$79.77$2.54
May 2024Sheldon Resources,150167$80.02$2.12
Apr 2024Sheldon Resources,1760$85.35$1.60
Mar 2024Sheldon Resources,192335$81.28$1.49
Feb 2024Sheldon Resources,180150$77.25$1.72
Jan 2024Sheldon Resources,290$74.15$3.18
Dec 2023Sheldon Resources,161167$71.90$2.52
Nov 2023Sheldon Resources,183173$77.69$2.71
Oct 2023Sheldon Resources,144175$85.64$2.98
Sep 2023Sheldon Resources,150175$89.43$2.64
Aug 2023Sheldon Resources,700$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBrazos Geological Consulting LTFieldMidway (2300 Oil)CountyMilam County

Brazos Geological Consulting LT in Milam County

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Midway (2300 Oil) field

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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 14377, district 01, 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 GUNN

Who operates the GUNN lease?

The Railroad Commission lists Brazos Geological Consulting LT (operator number 102540) as the operator of this lease in Milam County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the GUNN lease produced?

The lease reported 1,173 bbl of oil 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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