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Royalty Clerk

Texas oil lease · RRC district 02 · Lease 09937

Producing

LAIRD UNIT B

Laird Unit B is an oil lease in Live Oak County, Texas, operated by Burlington Resources O & G Co LP in the Eagleville (Eagle Ford-2) field. The Railroad Commission shows 87 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

87bbl oil, last 12 months+480% vs prior year
Operator
Burlington Resources O & G Co LP
County
Live Oak County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-09937

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Where it sits

This county

Live Oak CountyLive OakAtascosaGoliadMcMullenKarnesSan PatricioBeeLive Oak County
Live Oak County · RRC district 02Open Live Oak County →
Gas, last 12 months
35 mcf
Oil in Jul 2026
78 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 rose 480% over the last 12 months

87 bbl in the 12 months through Jul 2026, against 15 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 480% over the last 12 monthsMonthly oil production and gas for LAIRD UNIT B, Aug 2023 to Jul 2026. Oil output rose 480% over the last 12 months. 87 bbl in the 12 months through Jul 2026, against 15 bbl in the 12 months before.Last 12 months: 87 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 480% over the last 12 monthsMonthly oil production and gas for LAIRD UNIT B, Aug 2023 to Jul 2026. Oil output rose 480% over the last 12 months. 87 bbl in the 12 months through Jul 2026, against 15 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 09937, 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 2024 the lease's gas goes to a processing plant instead of lease fuel

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.

  • Processing plant (3)
  • Lease fuel (1)
Since Apr 2024 the lease's gas goes to a processing plant instead of lease fuelShare of LAIRD UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a processing plant instead of lease fuel. 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.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a processing plant instead of lease fuelShare of LAIRD UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a processing plant instead of lease fuel. 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.Share of gas by disposition code0%50%100%Apr 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 09937, 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.

None of the gas was flared in the last 12 months.

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.

Burlington Resources O & G Co LP has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBurlington Resources O & G Co LP, Jan 2020 to Jul 20262020202120222023202420252026Burlington Resources O & G Co…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeBurlington Resources O & G Co LP, Jan 2020 to Jul 20262020202120222023202420252026Burlington Resources O & G Co LPJan 2020 to nowthrough Jul 2026

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 09937 in district 02. The API number is the state’s ID for a well.
Wells on LAIRD UNIT B
API numberWell no.Status
42-297-350731Shut-in

SourceTexas Railroad Commission Wellbore Query, district 02, lease 09937.

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

    Conocophillips Company gathers it.

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

  • Gas from oil wells

    Conocophillips Company buys it; Burlington Resources O & G CO LP gathers it.

    Conocophillips Company buys it: 100% of it, on the list since Jun 1, 2012 · Burlington Resources O & G CO LP gathers it: 100% of it, on the list since Jun 1, 2012

Companies that used to be listed: Bp Products North America Inc. (gathers it, until Jan 1, 2025); Conocophillips Company (gathers it, until Jan 1, 2025); Flint Hills Resources, LP (gathers it, until Jan 1, 2025); Ngl Crude Logistics, LLC (gathers it, until Jan 1, 2025).

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 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
Jan 19, 2012
Latest permit
Nov 15, 2011
Wells and acres on the permits for Laird Unit B
API numberWell no.Acreson the permit
42-297-350731320

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

What the operator reported

What ConocoPhillips told investors it received

Burlington Resources O & G Co LP is linked to ConocoPhillips (COP). 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 ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips 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.

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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 LAIRD UNIT 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 LAIRD UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Burlington Resources7878550$80.46$2.89
Jun 2026Burlington Resources00550$84.81$3.15
May 2026Burlington Resources00000$102.13$2.94
Apr 2026Burlington Resources9925250$100.32$2.77
Mar 2026Burlington Resources00000$91.38$3.04
Feb 2026Burlington Resources00000$64.51$3.62
Jan 2026Burlington Resources00000$60.04$7.72
Dec 2025Burlington Resources00000$57.97$4.26
Nov 2025Burlington Resources00000$60.06$3.79
Oct 2025Burlington Resources00000$60.89$3.19
Sep 2025Burlington Resources00000$63.96$2.97
Aug 2025Burlington Resources00000$64.86$2.91
Jul 2025Burlington Resources00000$68.39$3.20
Jun 2025Burlington Resources00000$68.17$3.02
May 2025Burlington Resources00000$62.17$3.12
Apr 2025Burlington Resources00000$63.54$3.42
Mar 2025Burlington Resources00000$68.24$4.12
Feb 2025Burlington Resources00000$71.53$4.19
Jan 2025Burlington Resources00000$75.74$4.13
Dec 2024Burlington Resources001,2621,2620$70.12$3.01
Nov 2024Burlington Resources00000$69.95$2.12
Oct 2024Burlington Resources00000$71.99$2.20
Sep 2024Burlington Resources1126260$70.24$2.28
Aug 2024Burlington Resources14145715710$76.68$1.99
Jul 2024Burlington Resources00220$81.80$2.07
Jun 2024Burlington Resources43439239230$79.77$2.54
May 2024Burlington Resources18181831830$80.02$2.12
Apr 2024Burlington Resources1281287927870$85.35$1.60
Mar 2024Burlington Resources5150000$81.28$1.49
Feb 2024Burlington Resources0023400$77.25$1.72
Jan 2024Burlington Resources6627263,4593,3110$74.15$3.18
Dec 2023Burlington Resources2,2362,23610,52010,2870$71.90$2.52
Nov 2023Burlington Resources1,0791,0795,9015,7420$77.69$2.71
Oct 2023Burlington Resources8068065,4025,2080$85.64$2.98
Sep 2023Burlington Resources0012600$89.43$2.64
Aug 2023Burlington Resources0016900$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

OperatorBurlington Resources O & G Co LPFieldEagleville (Eagle Ford-2)CountyLive Oak County

Burlington Resources O & G Co LP in Live Oak County

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Eagleville (Eagle Ford-2) field

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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 09937, 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.

FAQ

Questions about LAIRD UNIT B

Who operates the LAIRD UNIT B lease?

The Railroad Commission lists Burlington Resources O & G Co LP (operator number 109333) as the operator of this lease in Live Oak County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the LAIRD UNIT B lease produced?

The lease reported 87 bbl of oil and 35 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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