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Texas oil lease · RRC district 10 · Lease 06947

Producing

LANCE B

Lance B is an oil lease in Ochiltree County, Texas, operated by Carson Buckles Exploration LLC in the Farnsworth-Conner (Des Moines) field. The Railroad Commission shows 1 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

1bbl oil, last 12 months−80% vs prior year
RRC lease
10-06947

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Where it sits

This county

Ochiltree CountyOchiltreeHansfordLipscombOchiltree County
Ochiltree County · RRC district 10Open Ochiltree County →
Gas, last 12 months
744 mcf
Oil in Jul 2026
0 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 80% over the last 12 months

1 bbl in the 12 months through Jul 2026, against 5 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 80% over the last 12 monthsMonthly oil production and gas for LANCE B, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 1 bbl in the 12 months through Jul 2026, against 5 bbl in the 12 months before.Last 12 months: 1 bblbbl per monthmcf per month002050401006015080200100250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 80% over the last 12 monthsMonthly oil production and gas for LANCE B, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 1 bbl in the 12 months through Jul 2026, against 5 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 06947, district 10. 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 Mar 2026 the lease's gas goes to a transmission line instead of a processing plant

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)
  • Transmission line (2)
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of LANCE B gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant. 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%Mar 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of LANCE B gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant. 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%Mar 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 06947, district 10. 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.

Transmission line (2)

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

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.

The operator changed once, most recently in Oct 2021

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 timeVT Vistatex Energy LLC, Jan 2020 to Sep 2021; Carson Buckles Exploration LLC, Oct 2021 to Jul 20262020202120222023202420252026Changed Oct 2021VT Vistatex Energy LLCJan 2020 to Sep 2021Carson Buckles Exploration LLCOct 2021 to now
Operators of this lease over timeVT Vistatex Energy LLC, Jan 2020 to Sep 2021; Carson Buckles Exploration LLC, Oct 2021 to Jul 20262020202120222023202420252026Changed Oct 2021VT Vistatex Energy LLCJan 2020 to Sep 2021Carson Buckles Exploration LLCOct 2021 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 06947 in district 10. The API number is the state’s ID for a well.
Wells on LANCE B
API numberWell no.Status
42-357-320396011Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 06947.

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

    Valero Marketing and Supply Co. gathers it.

    100% of it, on the list since Oct 1, 2021

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017

Companies that used to be listed: Mission Petroleum Carriers, Inc. (gathers it, until Oct 1, 2021).

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

209 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 28, 1993
Latest permit
Sep 24, 1993
Wells and acres on the permits for Lance B
API numberWell no.Acreson the permit
42-357-320396011209

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.

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 LANCE 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. 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 LANCE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Carson Buckles0050500$80.46$2.89
Jun 2026Carson Buckles0067670$84.81$3.15
May 2026Carson Buckles0080800$102.13$2.94
Apr 2026Carson Buckles0069690$100.32$2.77
Mar 2026Carson Buckles0066660$91.38$3.04
Feb 2026Carson Buckles0050500$64.51$3.62
Jan 2026Carson Buckles0051510$60.04$7.72
Dec 2025Carson Buckles0078780$57.97$4.26
Nov 2025Carson Buckles0082820$60.06$3.79
Oct 2025Carson Buckles1053530$60.89$3.19
Sep 2025Carson Buckles0044440$63.96$2.97
Aug 2025Carson Buckles0054540$64.86$2.91
Jul 2025Carson Buckles0062620$68.39$3.20
Jun 2025Carson Buckles0063630$68.17$3.02
May 2025Carson Buckles0073730$62.17$3.12
Apr 2025Carson Buckles0076760$63.54$3.42
Mar 2025Carson Buckles0080800$68.24$4.12
Feb 2025Carson Buckles0069690$71.53$4.19
Jan 2025Carson Buckles0074740$75.74$4.13
Dec 2024Carson Buckles0087870$70.12$3.01
Nov 2024Carson Buckles202392390$69.95$2.12
Oct 2024Carson Buckles1073730$71.99$2.20
Sep 2024Carson Buckles1056560$70.24$2.28
Aug 2024Carson Buckles1057570$76.68$1.99
Jul 2024Carson Buckles1058580$81.80$2.07
Jun 2024Carson Buckles1057570$79.77$2.54
May 2024Carson Buckles0078780$80.02$2.12
Apr 2024Carson Buckles1092920$85.35$1.60
Mar 2024Carson Buckles1095950$81.28$1.49
Feb 2024Carson Buckles0077770$77.25$1.72
Jan 2024Carson Buckles0063630$74.15$3.18
Dec 2023Carson Buckles2074740$71.90$2.52
Nov 2023Carson Buckles23026260$77.69$2.71
Oct 2023Carson Buckles2601111110$85.64$2.98
Sep 2023Carson Buckles28532172170$89.43$2.64
Aug 2023Carson Buckles5202272270$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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  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Carson Buckles Exploration LLC in Ochiltree County

All Carson Buckles Exploration LLC leases →

Farnsworth-Conner (Des Moines) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • LANCE

    255 mcf last 12 months · 0.4 km away

  • EDWARDS

    0 bbl last 12 months · 0.5 km away

  • LANCE

    307 mcf last 12 months · 0.6 km away

  • EDWARDS "B"

    49 bbl last 12 months · 0.6 km away

  • LANCE

    1,738 bbl last 12 months · 0.6 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 06947, district 10, 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.