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Royalty Clerk

Texas oil lease · RRC district 02 · Lease 12057

Producing

IVEY UNIT

Ivey Unit is an oil lease in Karnes County, Texas, operated by Repsol Oil & Gas USA, LLC in the Eagleville (Eagle Ford-2) field. The Railroad Commission shows 21,867 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 9 wells

21,867bbl oil, last 12 months−14% vs prior year
Operator
Repsol Oil & Gas USA, LLC
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-12057

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County · RRC district 02Open Karnes County →
Gas, last 12 months
32,564 mcf
Oil in Jul 2026
1,626 bbl
Reporting to the state
since Apr 2022
Wells
9

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 14% over the last 12 months

21,867 bbl in the 12 months through Jul 2026, against 25,491 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for IVEY UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 21,867 bbl in the 12 months through Jul 2026, against 25,491 bbl in the 12 months before.Last 12 months: 21,867 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for IVEY UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 21,867 bbl in the 12 months through Jul 2026, against 25,491 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 12057, district 02. 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.

Since Apr 2025 the lease's gas goes to lease fuel instead of other uses

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 8.9% of the gas in Jul 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Other (5 to 8)
  • Flared (4)
Since Apr 2025 the lease's gas goes to lease fuel instead of other usesShare of IVEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to lease fuel instead of other uses. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 8.9% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: other to fuelFlared 8.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to lease fuel instead of other usesShare of IVEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to lease fuel instead of other uses. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 8.9% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Apr 25: other to fuelFlared 8.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 12057, district 02. 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.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Other (5 to 8)

Gas lift, repressure, carbon black or another use the operator reported.

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, 2.0% of the gas was flared. 7 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 Aug 2023

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 timeInpex Eagle Ford, LLC, Apr 2022 to Dec 2022; Repsol Eagle Ford North, LLC, Jan 2023 to Jul 2023; Repsol Oil & Gas USA, LLC, Aug 2023 to Jul 20262023202420252026Changed Jan 2023Changed Aug 2023Inpex Eagle Ford, LLCApr 2022 to Dec 2022Repsol Eagle Ford North, LLCJan 2023 to Jul 2023Repsol Oil & Gas USA, LLCAug 2023 to now
Operators of this lease over timeInpex Eagle Ford, LLC, Apr 2022 to Dec 2022; Repsol Eagle Ford North, LLC, Jan 2023 to Jul 2023; Repsol Oil & Gas USA, LLC, Aug 2023 to Jul 20262023202420252026Changed Jan 2023Changed Aug 2023Inpex Eagle Ford, LLCApr 2022 to Dec 2022Repsol Eagle Ford North, LLCJan 2023 to Jul 2023Repsol Oil & Gas USA, LLCAug 2023 to now

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

Wells

9 wells on this lease

Every well the Railroad Commission links to oil lease 12057 in district 02. The API number is the state’s ID for a well.
Wells on IVEY UNIT
API numberWell no.Status
42-255-368111HActive
42-255-368122HActive
42-255-368933HActive
42-255-368944HActive
42-255-375427HShut-in
42-255-375436HActive
42-255-375448HActive
42-255-375459HShut-in
42-255-375465HActive

SourceTexas Railroad Commission Wellbore Query, district 02, lease 12057.

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

    Repsol Oil & Gas Usa, LLC gathers it.

    100% of it, on the list since Feb 1, 2025

  • Gas from oil wells

    Enterprise Products Operating LLC buys it; Plains Pipeline L.p. gathers it.

    Enterprise Products Operating LLC buys it: 100% of it, on the list since Mar 22, 2022 · Plains Pipeline L.p. gathers it: 100% of it, on the list since Feb 1, 2025

Companies that used to be listed: Enterprise Products Operating LLC (gathers it, until Feb 1, 2025); Badlands Tank Lines, LLC (gathers it, until Feb 1, 2025); Enterprise Crude Oil LLC (gathers it, until Feb 1, 2025); Ptt Premier Trading and Tran LLC (gathers it, until Feb 1, 2025); Energy Transfer Company (gathers it, until Mar 22, 2022); Energy Transfer Company (buys it, until Mar 22, 2022).

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

494.75 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
99 not plugged
Horizontal
9
First completion
Apr 7, 2020
Latest permit
Jul 8, 2022

The wells on this lease state different acreage

The permits state between 320 and 494.75 acres. Use the acres from your own division order for the well you are paid on.

9 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 Ivey Unit
API numberWell no.Acreson the permit
42-255-375427H494.75
42-255-375436H494.75
42-255-375448H494.75
42-255-375459H494.75
42-255-375465H494.75
42-255-368933H494.75
42-255-368944H494.75
42-255-368111H320
42-255-368122H320

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 IVEY UNIT 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.

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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 IVEY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Repsol Oil1,6261,8113,748354332$80.46$2.89
Jun 2026Repsol Oil1,9041,7942,403148144$84.81$3.15
May 2026Repsol Oil2,6472,9652,5520100$102.13$2.94
Apr 2026Repsol Oil1,1238551,48600$100.32$2.77
Mar 2026Repsol Oil1,1731,2481,19800$91.38$3.04
Feb 2026Repsol Oil1,6001,5681,84100$64.51$3.62
Jan 2026Repsol Oil3,1953,2976,42400$60.04$7.72
Dec 2025Repsol Oil1,8511,6312,29200$57.97$4.26
Nov 2025Repsol Oil1,9731,9242,393021$60.06$3.79
Oct 2025Repsol Oil1,7911,8442,54600$60.89$3.19
Sep 2025Repsol Oil1,5251,4652,6051945$63.96$2.97
Aug 2025Repsol Oil1,4591,4533,07600$64.86$2.91
Jul 2025Repsol Oil2,0011,9612,89600$68.39$3.20
Jun 2025Repsol Oil1,3261,3184,05300$68.17$3.02
May 2025Repsol Oil1,6731,7963,44900$62.17$3.12
Apr 2025Repsol Oil1,9801,9603,84000$63.54$3.42
Mar 2025Repsol Oil1,7641,7985,78500$68.24$4.12
Feb 2025Repsol Oil1,6611,5805,36600$71.53$4.19
Jan 2025Repsol Oil2,1592,3362,97200$75.74$4.13
Dec 2024Repsol Oil2,2072,1152,76300$70.12$3.01
Nov 2024Repsol Oil2,4092,4988,54500$69.95$2.12
Oct 2024Repsol Oil2,7912,7057,92300$71.99$2.20
Sep 2024Repsol Oil2,7002,71114,12900$70.24$2.28
Aug 2024Repsol Oil2,8202,74715,00200$76.68$1.99
Jul 2024Repsol Oil3,2453,1713,28100$81.80$2.07
Jun 2024Repsol Oil3,7644,0733,30500$79.77$2.54
May 2024Repsol Oil5,1835,3812,69900$80.02$2.12
Apr 2024Repsol Oil5,8785,5562,84700$85.35$1.60
Mar 2024Repsol Oil3,2083,1562,86400$81.28$1.49
Feb 2024Repsol Oil3,1913,2752,89800$77.25$1.72
Jan 2024Repsol Oil2,9692,7723,07400$74.15$3.18
Dec 2023Repsol Oil3,3963,5613,438130193$71.90$2.52
Nov 2023Repsol Oil3,2343,2333,35566125$77.69$2.71
Oct 2023Repsol Oil3,6133,5553,1683742$85.64$2.98
Sep 2023Repsol Oil4,8004,8113,0580213$89.43$2.64
Aug 2023Repsol Oil4,3144,5082,8290226$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

OperatorRepsol Oil & Gas USA, LLCFieldEagleville (Eagle Ford-2)CountyKarnes County

Repsol Oil & Gas USA, LLC in Karnes County

All Repsol Oil & Gas USA, LLC leases →

Eagleville (Eagle Ford-2) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • JULIE

    728,546 bbl last 12 months · 0.2 km away

  • NANCE

    6,349 bbl last 12 months · 0.8 km away

  • GEORG (EF)

    69,015 bbl last 12 months · 1.2 km away

  • GEORGE UNIT 1

    501 bbl last 12 months · 1.4 km away

  • COTTONWOOD A

    54,401 bbl last 12 months · 1.8 km away

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 12057, district 02, 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.