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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 07726

Producing

HALLEY, S. M. -B-

Halley, S. M. -B- is an oil lease in Winkler County, Texas, operated by Basin Oil & Gas Operating, LLC in the Weiner (Colby Sand) field. The Railroad Commission shows 2,350 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 11 wells

2,350bbl oil, last 12 months−1% vs prior year
Operator
Basin Oil & Gas Operating, LLC
County
Winkler County
Field
Weiner (Colby Sand)
RRC lease
08-07726

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County · RRC district 08Open Winkler County →
Gas, last 12 months
1,273 mcf
Oil in Jul 2026
201 bbl
Reporting to the state
since Jan 2020
Wells
11

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 held steady over the last 12 months

2,350 bbl in the 12 months through Jul 2026, against 2,364 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for HALLEY, S. M. -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,350 bbl in the 12 months through Jul 2026, against 2,364 bbl in the 12 months before.Last 12 months: 2,350 bblbbl per monthmcf per month0010050200100300150400200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for HALLEY, S. M. -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,350 bbl in the 12 months through Jul 2026, against 2,364 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 07726, district 08. 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.

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2026.

  • Processing plant (3)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of HALLEY, S. M. -B- gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of HALLEY, S. M. -B- gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 07726, district 08. 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.

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, 2.7% of the gas was flared. 5 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 2 times, most recently in Apr 2022

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 timeMeco IV, LLC, Jan 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Apr 2022Meco IV, LLCJan 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now
Operators of this lease over timeMeco IV, LLC, Jan 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Apr 2022Meco IV, LLCJan 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now

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

Wells

11 wells on this lease

Every well the Railroad Commission links to oil lease 07726 in district 08. The API number is the state’s ID for a well.
Wells on HALLEY, S. M. -B-
API numberWell no.Status
42-495-053621Shut-in
42-495-053642Active
42-495-053663WActive
42-495-053695WActive
42-495-053716TActive
42-495-053737Active
42-495-053758Shut-in
42-495-053784Active
42-495-053799Active
42-495-0620310Active
42-495-1269421WActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 07726.

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 and Gibson Energy Marketing, LLC gather it.

    Energy Transfer Company gathers it: 50% of it, on the list since Oct 1, 2023 · Gibson Energy Marketing, LLC gathers it: 50% of it, on the list since May 1, 2019

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Oct 1, 2023 · Energy Transfer Company gathers it: 100% of it, on the list since Oct 1, 2015

Companies that used to be listed: Energy Transfer Company (buys it, until Oct 1, 2023); Centurion Pipeline L.p. (gathers it, until Oct 1, 2023); Enterprise Crude Oil LLC (gathers it, until May 1, 2019).

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

644.55 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
155 not plugged
Horizontal
0
First completion
Aug 21, 1942
Latest permit
Apr 8, 1987

15 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 Halley, S. M. -B-
API numberWell no.Acreson the permit
42-495-1039928U644.55
42-495-053621–
42-495-053642–
42-495-053663W–
42-495-053695W–
42-495-053716T–
42-495-053737–
42-495-053758–
42-495-053784–
42-495-053799–
42-495-0620310–
42-495-1039827U–

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 HALLEY, S. M. -B- 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 HALLEY, S. M. -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Basin Oil201164493712$80.46$2.89
Jun 2026Basin Oil19923817017$84.81$3.15
May 2026Basin Oil1891631082$102.13$2.94
Apr 2026Basin Oil1801751231230$100.32$2.77
Mar 2026Basin Oil1821841341340$91.38$3.04
Feb 2026Basin Oil1861901371370$64.51$3.62
Jan 2026Basin Oil1921941441440$60.04$7.72
Dec 2025Basin Oil2042061481480$57.97$4.26
Nov 2025Basin Oil1841891231203$60.06$3.79
Oct 2025Basin Oil1791491191190$60.89$3.19
Sep 2025Basin Oil2062281091090$63.96$2.97
Aug 2025Basin Oil2482391601600$64.86$2.91
Jul 2025Basin Oil2723051381380$68.39$3.20
Jun 2025Basin Oil15210069690$68.17$3.02
May 2025Basin Oil1992421061060$62.17$3.12
Apr 2025Basin Oil26125119815444$63.54$3.42
Mar 2025Basin Oil220186917219$68.24$4.12
Feb 2025Basin Oil19625776760$71.53$4.19
Jan 2025Basin Oil25124074740$75.74$4.13
Dec 2024Basin Oil16317751510$70.12$3.01
Nov 2024Basin Oil15613941410$69.95$2.12
Oct 2024Basin Oil11616942420$71.99$2.20
Sep 2024Basin Oil9610150500$70.24$2.28
Aug 2024Basin Oil28220944440$76.68$1.99
Jul 2024Basin Oil11617652520$81.80$2.07
Jun 2024Basin Oil12111950500$79.77$2.54
May 2024Basin Oil1661931061060$80.02$2.12
Apr 2024Basin Oil21714290900$85.35$1.60
Mar 2024Basin Oil17718178780$81.28$1.49
Feb 2024Basin Oil1521431131130$77.25$1.72
Jan 2024Basin Oil1661381351350$74.15$3.18
Dec 2023Basin Oil2692891281280$71.90$2.52
Nov 2023Basin Oil21621575750$77.69$2.71
Oct 2023Basin Oil20321484840$85.64$2.98
Sep 2023Basin Oil18518386860$89.43$2.64
Aug 2023Basin Oil2081721031030$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).

Check your statements

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Upload your statements for HALLEY, S. M. -B-. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Basin Oil & Gas Operating, LLC.

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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

OperatorBasin Oil & Gas Operating, LLCFieldWeiner (Colby Sand)CountyWinkler County

Basin Oil & Gas Operating, LLC in Winkler County

All Basin Oil & Gas Operating, LLC leases →

Weiner (Colby Sand) 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 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 07726, district 08, 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 HALLEY, S. M. -B-

Who operates the HALLEY, S. M. -B- lease?

The Railroad Commission lists Basin Oil & Gas Operating, LLC (operator number 054430) as the operator of this lease in Winkler County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the HALLEY, S. M. -B- lease produced?

The lease reported 2,350 bbl of oil and 1,273 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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