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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 32755

No report in 6+ months

KING, WAYNE "B"

King, Wayne "B" is an oil lease in Coke County, Texas, operated by L7 Energy LLC in the Suggs (Ellenburger) field.

Oil lease dossier

0bbl oil, last 12 months
Operator
L7 Energy LLC
County
Coke County
Field
Suggs (Ellenburger)
RRC lease
7B-32755

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Where it sits

This county

Coke CountyCokeTaylorMitchellRunnelsNolanSterlingCoke County
Coke County · RRC district 7BOpen Coke County →
Oil in Sep 2025
0 bbl
Reporting to the state
since Mar 2024

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).

No production to chart

The state shows zero oil and zero gas for all 19 months we hold (Mar 2024 to Sep 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

L7 Energy LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeL7 Energy LLC, Mar 2024 to Sep 20252025L7 Energy LLCMar 2024 to nowthrough Sep 2025
Operators of this lease over timeL7 Energy LLC, Mar 2024 to Sep 20252025L7 Energy LLCMar 2024 to nowthrough Sep 2025

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

Wells

Wells on this lease

Every well the Railroad Commission links to oil lease 32755 in district 7B. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

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

    Bml, Inc. B gathers it.

    100% of it, on the list since Mar 1, 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

320.14 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
0
First completion
Dec 6, 1987
Latest permit
Oct 13, 1987
Wells and acres on the permits for King, Wayne "B"
API numberWell no.Acreson the permit
42-081-314612320.14

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 KING, WAYNE "B" sold each month.

For example 0.00097656, or a fraction like 1/1024.

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

19 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 KING, WAYNE "B"
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Sep 2025L7 Energy00$63.96$2.97
Aug 2025L7 Energy00$64.86$2.91
Jul 2025L7 Energy00$68.39$3.20
Jun 2025L7 Energy00$68.17$3.02
May 2025L7 Energy00$62.17$3.12
Apr 2025L7 Energy00$63.54$3.42
Mar 2025L7 Energy00$68.24$4.12
Feb 2025L7 Energy00$71.53$4.19
Jan 2025L7 Energy00$75.74$4.13
Dec 2024L7 Energy00$70.12$3.01
Nov 2024L7 Energy00$69.95$2.12
Oct 2024L7 Energy00$71.99$2.20
Sep 2024L7 Energy00$70.24$2.28
Aug 2024L7 Energy00$76.68$1.99
Jul 2024L7 Energy00$81.80$2.07
Jun 2024L7 Energy00$79.77$2.54
May 2024L7 Energy00$80.02$2.12
Apr 2024L7 Energy00$85.35$1.60
Mar 2024L7 Energy00$81.28$1.49

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 KING, WAYNE "B". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask L7 Energy LLC.

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  • 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.

This lease belongs to

OperatorL7 Energy LLCFieldSuggs (Ellenburger)CountyCoke County

L7 Energy LLC in Coke County

No other producing leases from this operator in this county are in our data yet.

Suggs (Ellenburger) field

All leases in this field →

New drilling permits in Coke County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 Sep 2025?

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 32755, district 7B, 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.