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Texas oil lease · RRC district 03 · Lease 27529

Producing

JUSTIFY UNIT

Justify Unit is an oil lease in Lee County, Texas, operated by EOG Resources, Inc. in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 3,072 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

3,072bbl oil, last 12 months−14% vs prior year
RRC lease
03-27529

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County · RRC district 03Open Lee County →
Gas, last 12 months
6,988 mcf
Oil in Jul 2026
247 bbl
Reporting to the state
since Jan 2020
Wells
1

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

3,072 bbl in the 12 months through Jul 2026, against 3,566 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 JUSTIFY UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 3,566 bbl in the 12 months before.Last 12 months: 3,072 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for JUSTIFY UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 3,566 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 27529, district 03. 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.

64% of the gas went to lease fuel in the last 12 months

Flaring peaked at 6.3% of the gas in May 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
64% of the gas went to lease fuel in the last 12 monthsShare of JUSTIFY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 64% of the gas went to lease fuel in the last 12 months. Flaring peaked at 6.3% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
64% of the gas went to lease fuel in the last 12 monthsShare of JUSTIFY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 64% of the gas went to lease fuel in the last 12 months. Flaring peaked at 6.3% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 6.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 27529, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

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

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, 0.3% of the gas was flared. One month 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 Jun 2026

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 timeArmor Lonestar, LLC, Jan 2020 to Jul 2021; Crescent Pass Energy, LLC, Aug 2021 to May 2026; EOG Resources, Inc., Jun 2026 to Jul 20262020202120222023202420252026Changed Aug 2021Changed Jun 2026Armor Lonestar, LLCJan 2020 to Jul 2021Crescent Pass Energy, LLCAug 2021 to May 2026EOG Resources, Inc.Jun 2026 to now
Operators of this lease over timeArmor Lonestar, LLC, Jan 2020 to Jul 2021; Crescent Pass Energy, LLC, Aug 2021 to May 2026; EOG Resources, Inc., Jun 2026 to Jul 20262020202120222023202420252026Changed Aug 2021Changed Jun 2026Armor Lonestar, LLCJan 2020 to Jul 2021Crescent Pass Energy, LLCAug 2021 to May 2026EOG Resources, Inc.Jun 2026 to now

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 27529 in district 03. The API number is the state’s ID for a well.
Wells on JUSTIFY UNIT
API numberWell no.Status
42-287-327251HActive

SourceTexas Railroad Commission Wellbore Query, district 03, lease 27529.

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

    Shell Trading (Us) Company and Eog Resources Marketing LLC gather it.

    Shell Trading (Us) Company gathers it: 90% of it, on the list since Jun 1, 2026 · Eog Resources Marketing LLC gathers it: 10% of it, on the list since Jun 1, 2026

  • Gas from oil wells

    Eog Resources, Inc. buys and gathers it.

    Eog Resources, Inc. buys it: 100% of it, on the list since Jun 1, 2026 · Eog Resources, Inc. gathers it: 100% of it, on the list since Jun 1, 2026

Companies that used to be listed: Tiger Gas Services LLC (gathers it, until Jun 1, 2026); Crescent Pass Energy, LLC (buys it, until Jun 1, 2026); Energy Trans Crude Marketing LLC (gathers it, until Jun 1, 2026); Shell Trading (Us) Company (gathers it, until Jun 1, 2026); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Aug 30, 2021); Shell Trading (Us) Company (gathers it, until Oct 21, 2020).

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.

Unit and wells

161 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
11 not plugged
Horizontal
1
First completion
Sep 18, 2018
Latest permit
Jul 10, 2018
Wells and acres on the permits for Justify Unit
API numberWell no.Acreson the permit
42-287-327251H161

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.

What the operator reported

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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 JUSTIFY 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.

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 JUSTIFY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026EOG Resources,24733764825719$80.46$2.89
Jun 2026EOG Resources,2261956432810$84.81$3.15
May 2026Crescent Pass2483535992160$102.13$2.94
Apr 2026Crescent Pass2521706743010$100.32$2.77
Mar 2026Crescent Pass2611916642810$91.38$3.04
Feb 2026Crescent Pass2341925572120$64.51$3.62
Jan 2026Crescent Pass2533775681930$60.04$7.72
Dec 2025Crescent Pass2761885671870$57.97$4.26
Nov 2025Crescent Pass2543554851200$60.06$3.79
Oct 2025Crescent Pass2671985111330$60.89$3.19
Sep 2025Crescent Pass2731905021360$63.96$2.97
Aug 2025Crescent Pass2813795701890$64.86$2.91
Jul 2025Crescent Pass2771826751700$68.39$3.20
Jun 2025Crescent Pass2773726052110$68.17$3.02
May 2025Crescent Pass30138163119640$62.17$3.12
Apr 2025Crescent Pass3363616052200$63.54$3.42
Mar 2025Crescent Pass362363483920$68.24$4.12
Feb 2025Crescent Pass24518435200$71.53$4.19
Jan 2025Crescent Pass30818638600$75.74$4.13
Dec 2024Crescent Pass279362459660$70.12$3.01
Nov 2024Crescent Pass2931826932960$69.95$2.12
Oct 2024Crescent Pass2943706622300$71.99$2.20
Sep 2024Crescent Pass2903606512330$70.24$2.28
Aug 2024Crescent Pass3041836132060$76.68$1.99
Jul 2024Crescent Pass3073675851810$81.80$2.07
Jun 2024Crescent Pass3343576772840$79.77$2.54
May 2024Crescent Pass298359428510$80.02$2.12
Apr 2024Crescent Pass356177438760$85.35$1.60
Mar 2024Crescent Pass5115645591850$81.28$1.49
Feb 2024Crescent Pass3193776042540$77.25$1.72
Jan 2024Crescent Pass3493666272530$74.15$3.18
Dec 2023Crescent Pass3673706763020$71.90$2.52
Nov 2023Crescent Pass3523796442820$77.69$2.71
Oct 2023Crescent Pass3543746122380$85.64$2.98
Sep 2023Crescent Pass3281805672050$89.43$2.64
Aug 2023Crescent Pass19136237400$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

Do your checks match this lease?

Upload your statements for JUSTIFY UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask EOG Resources, Inc.

  • 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.

EOG Resources, Inc. in Lee County

All EOG Resources, Inc. leases →

Giddings (Austin Chalk-3) 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 27529, district 03, 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.