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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 12375

Producing

LASSETER

Lasseter is an oil lease in Mitchell County, Texas, operated by Cross Cut Petroleum, LLC in the Turner-Gregory (Clear Fork) field. The Railroad Commission shows 4,195 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 6 wells

4,195bbl oil, last 12 months+4% vs prior year
Operator
Cross Cut Petroleum, LLC
County
Mitchell County
Field
Turner-Gregory (Clear Fork)
RRC lease
08-12375

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Where it sits

This county

Mitchell CountyMitchellFisherNolanHowardCokeScurryBordenMitchell County
Mitchell County · RRC district 08Open Mitchell County →
Oil in Jul 2026
332 bbl
Reporting to the state
since Jan 2020
Wells
6
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 rose 4% over the last 12 months

4,195 bbl in the 12 months through Jul 2026, against 4,030 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production for LASSETER, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 4,195 bbl in the 12 months through Jul 2026, against 4,030 bbl in the 12 months before.Last 12 months: 4,195 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production for LASSETER, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 4,195 bbl in the 12 months through Jul 2026, against 4,030 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 12375, district 08. 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.

The operator changed once, most recently in Mar 2025

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 timeGTG Operating, LLC, Jan 2020 to Feb 2025; Cross Cut Petroleum, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025GTG Operating, LLCJan 2020 to Feb 2025Cross Cut Petroleum, LLCMar 2025 to now
Operators of this lease over timeGTG Operating, LLC, Jan 2020 to Feb 2025; Cross Cut Petroleum, LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025GTG Operating, LLCJan 2020 to Feb 2025Cross Cut Petroleum, LLCMar 2025 to now

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

Wells

6 wells on this lease

Every well the Railroad Commission links to oil lease 12375 in district 08. The API number is the state’s ID for a well.
Wells on LASSETER
API numberWell no.Status
42-335-012922Active
42-335-309031AActive
42-335-329123WActive
42-335-329134WActive
42-335-330245Active
42-335-810764Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 12375.

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

    Transoil Marketing, LLC gathers it.

    100% of it, on the list since Jun 1, 2020

Companies that used to be listed: Enlink Crude Purchasing LLC (gathers it, until Jun 1, 2020); Lpc Crude Oil Marketing LLC (gathers it, until Jul 1, 2019).

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

80 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
85 not plugged
Horizontal
0
First completion
Sep 15, 1959
Latest permit
Aug 19, 1985

8 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Lasseter
API numberWell no.Acreson the permit
42-335-33024580
42-335-329123W80
42-335-329134W80
42-335-309031A80
42-335-012911–
42-335-012922–
42-335-015193–
42-335-810764–

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 LASSETER 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 LASSETER
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Cross Cut332343$80.46$2.89
Jun 2026Cross Cut330352$84.81$3.15
May 2026Cross Cut345451$102.13$2.94
Apr 2026Cross Cut349334$100.32$2.77
Mar 2026Cross Cut353312$91.38$3.04
Feb 2026Cross Cut343374$64.51$3.62
Jan 2026Cross Cut346331$60.04$7.72
Dec 2025Cross Cut360309$57.97$4.26
Nov 2025Cross Cut350363$60.06$3.79
Oct 2025Cross Cut355352$60.89$3.19
Sep 2025Cross Cut356324$63.96$2.97
Aug 2025Cross Cut376537$64.86$2.91
Jul 2025Cross Cut319185$68.39$3.20
Jun 2025Cross Cut388308$68.17$3.02
May 2025Cross Cut333476$62.17$3.12
Apr 2025Cross Cut268324$63.54$3.42
Mar 2025Cross Cut175470$68.24$4.12
Feb 2025GTG Operating,336327$71.53$4.19
Jan 2025GTG Operating,376327$75.74$4.13
Dec 2024GTG Operating,396344$70.12$3.01
Nov 2024GTG Operating,350319$69.95$2.12
Oct 2024GTG Operating,378493$71.99$2.20
Sep 2024GTG Operating,367335$70.24$2.28
Aug 2024GTG Operating,344338$76.68$1.99
Jul 2024GTG Operating,353314$81.80$2.07
Jun 2024GTG Operating,380325$79.77$2.54
May 2024GTG Operating,00$80.02$2.12
Apr 2024GTG Operating,00$85.35$1.60
Mar 2024GTG Operating,386326$81.28$1.49
Feb 2024GTG Operating,353497$77.25$1.72
Jan 2024GTG Operating,393166$74.15$3.18
Dec 2023GTG Operating,388347$71.90$2.52
Nov 2023GTG Operating,380340$77.69$2.71
Oct 2023GTG Operating,352345$85.64$2.98
Sep 2023GTG Operating,366458$89.43$2.64
Aug 2023GTG Operating,387330$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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This lease belongs to

OperatorCross Cut Petroleum, LLCFieldTurner-Gregory (Clear Fork)CountyMitchell County

Cross Cut Petroleum, LLC in Mitchell County

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Turner-Gregory (Clear Fork) field

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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 12375, district 08, 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.