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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 11788

Producing

KEY

Key is an oil lease in Burleson County, Texas, operated by Ernest Operating Company in the Willard (Navarro) field. The Railroad Commission shows 514 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

514bbl oil, last 12 months−8% vs prior year
Operator
Ernest Operating Company
County
Burleson County
Field
Willard (Navarro)
RRC lease
03-11788

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County · RRC district 03Open Burleson County →
Oil in Jul 2026
42 bbl
Reporting to the state
since Jan 2020
Wells
5
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 fell 8% over the last 12 months

514 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production for KEY, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 514 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 months: 514 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production for KEY, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 514 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 11788, 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.

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.

Ernest Operating Company has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeErnest Operating Company, Jan 2020 to Jul 20262020202120222023202420252026Ernest Operating CompanyJan 2020 to nowthrough Jul 2026
Operators of this lease over timeErnest Operating Company, Jan 2020 to Jul 20262020202120222023202420252026Ernest Operating CompanyJan 2020 to nowthrough Jul 2026

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

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 11788 in district 03. The API number is the state’s ID for a well.
Wells on KEY
API numberWell no.Status
42-051-302881WActive
42-051-303264Active
42-051-303922Active
42-051-303935Active
42-051-331926Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 11788.

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

    4J Energy, LLC gathers it.

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

Companies that used to be listed: Blm Pipeline, Inc. (gathers it, until Jan 1, 2025); Blm Pipeline, Inc. (buys it, until Jan 1, 2025); Energy Transfer Marketing & Term (gathers it, until Jan 1, 2025); Ngl Crude Logistics, LLC (gathers it, until Jan 1, 2025); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 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

146 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
52 not plugged
Horizontal
0
First completion
Mar 12, 1978
Latest permit
Jan 25, 1991

The wells on this lease state different acreage

The permits state between 145 and 156 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Key
API numberWell no.Acreson the permit
42-051-331926146
42-051-303922156
42-051-303935156
42-051-303264145
42-051-302881W156

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 KEY 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 KEY
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ernest Operating420$80.46$2.89
Jun 2026Ernest Operating480$84.81$3.15
May 2026Ernest Operating380$102.13$2.94
Apr 2026Ernest Operating38172$100.32$2.77
Mar 2026Ernest Operating460$91.38$3.04
Feb 2026Ernest Operating420$64.51$3.62
Jan 2026Ernest Operating330$60.04$7.72
Dec 2025Ernest Operating51180$57.97$4.26
Nov 2025Ernest Operating430$60.06$3.79
Oct 2025Ernest Operating490$60.89$3.19
Sep 2025Ernest Operating540$63.96$2.97
Aug 2025Ernest Operating30179$64.86$2.91
Jul 2025Ernest Operating600$68.39$3.20
Jun 2025Ernest Operating290$68.17$3.02
May 2025Ernest Operating500$62.17$3.12
Apr 2025Ernest Operating40157$63.54$3.42
Mar 2025Ernest Operating450$68.24$4.12
Feb 2025Ernest Operating500$71.53$4.19
Jan 2025Ernest Operating30162$75.74$4.13
Dec 2024Ernest Operating380$70.12$3.01
Nov 2024Ernest Operating600$69.95$2.12
Oct 2024Ernest Operating710$71.99$2.20
Sep 2024Ernest Operating26170$70.24$2.28
Aug 2024Ernest Operating600$76.68$1.99
Jul 2024Ernest Operating42171$81.80$2.07
Jun 2024Ernest Operating490$79.77$2.54
May 2024Ernest Operating430$80.02$2.12
Apr 2024Ernest Operating59178$85.35$1.60
Mar 2024Ernest Operating370$81.28$1.49
Feb 2024Ernest Operating330$77.25$1.72
Jan 2024Ernest Operating530$74.15$3.18
Dec 2023Ernest Operating45167$71.90$2.52
Nov 2023Ernest Operating590$77.69$2.71
Oct 2023Ernest Operating500$85.64$2.98
Sep 2023Ernest Operating510$89.43$2.64
Aug 2023Ernest Operating260$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

OperatorErnest Operating CompanyFieldWillard (Navarro)CountyBurleson County

Ernest Operating Company in Burleson County

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Willard (Navarro) 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 11788, 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.