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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 17473

Producing

LEDBETTER, MORRIS

Ledbetter, Morris is an oil lease in Shackelford County, Texas, operated by Banquet Production, LLC in the Shackelford County Regular field. The Railroad Commission shows 35 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

35bbl oil, last 12 months−80% vs prior year
Operator
Banquet Production, LLC
County
Shackelford County
Field
Shackelford County Regular
RRC lease
7B-17473

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County · RRC district 7BOpen Shackelford County →
Oil in Jul 2026
2 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 80% over the last 12 months

35 bbl in the 12 months through Jul 2026, against 171 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 80% over the last 12 monthsMonthly oil production for LEDBETTER, MORRIS, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 35 bbl in the 12 months through Jul 2026, against 171 bbl in the 12 months before.Last 12 months: 35 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 80% over the last 12 monthsMonthly oil production for LEDBETTER, MORRIS, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 35 bbl in the 12 months through Jul 2026, against 171 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 17473, district 7B. 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 Apr 2023

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 timeDCS Energy, Jan 2020 to Mar 2023; Banquet Production, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023DCS EnergyJan 2020 to Mar 2023Banquet Production, LLCApr 2023 to now
Operators of this lease over timeDCS Energy, Jan 2020 to Mar 2023; Banquet Production, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023DCS EnergyJan 2020 to Mar 2023Banquet Production, LLCApr 2023 to now

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 17473 in district 7B. The API number is the state’s ID for a well.
Wells on LEDBETTER, MORRIS
API numberWell no.Status
42-417-311906Active
42-417-333001Active
42-417-346342Active
42-417-346353Active
42-417-346375Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 17473.

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 Dec 28, 2012

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

32 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
55 not plugged
Horizontal
0
First completion
Dec 4, 1974
Latest permit
Jun 23, 1982

The wells on this lease state different acreage

The permits state between 25 and 32 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Ledbetter, Morris
API numberWell no.Acreson the permit
42-417-34634232
42-417-34635332
42-417-34637532
42-417-33300125
42-417-311906–

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 LEDBETTER, MORRIS 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

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 LEDBETTER, MORRIS
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Banquet Production,20$80.46$2.89
Jun 2026Banquet Production,10$84.81$3.15
May 2026Banquet Production,20$102.13$2.94
Apr 2026Banquet Production,10$100.32$2.77
Mar 2026Banquet Production,00$91.38$3.04
Feb 2026Banquet Production,10$64.51$3.62
Jan 2026Banquet Production,10$60.04$7.72
Dec 2025Banquet Production,50$57.97$4.26
Nov 2025Banquet Production,10$60.06$3.79
Oct 2025Banquet Production,100$60.89$3.19
Sep 2025Banquet Production,10$63.96$2.97
Aug 2025Banquet Production,100$64.86$2.91
Jul 2025Banquet Production,18173$68.39$3.20
Jun 2025Banquet Production,200$68.17$3.02
May 2025Banquet Production,140$62.17$3.12
Apr 2025Banquet Production,140$63.54$3.42
Mar 2025Banquet Production,400$68.24$4.12
Feb 2025Banquet Production,200$71.53$4.19
Jan 2025Banquet Production,220$75.74$4.13
Dec 2024Banquet Production,80$70.12$3.01
Nov 2024Banquet Production,30$69.95$2.12
Oct 2024Banquet Production,10$71.99$2.20
Sep 2024Banquet Production,10$70.24$2.28
Aug 2024Banquet Production,100$76.68$1.99
Jul 2024Banquet Production,13133$81.80$2.07
Jun 2024Banquet Production,150$79.77$2.54
May 2024Banquet Production,290$80.02$2.12
Apr 2024Banquet Production,570$85.35$1.60
Mar 2024Banquet Production,120$81.28$1.49
Feb 2024Banquet Production,19167$77.25$1.72
Jan 2024Banquet Production,100$74.15$3.18
Dec 2023Banquet Production,300$71.90$2.52
Nov 2023Banquet Production,160$77.69$2.71
Oct 2023Banquet Production,350$85.64$2.98
Sep 2023Banquet Production,340$89.43$2.64
Aug 2023Banquet Production,36143$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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Upload your statements for LEDBETTER, MORRIS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Banquet Production, LLC.

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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

OperatorBanquet Production, LLCFieldShackelford County RegularCountyShackelford County

Banquet Production, LLC in Shackelford County

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

Shackelford County Regular field

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Leases within 10 km

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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 17473, 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.

FAQ

Questions about LEDBETTER, MORRIS

Who operates the LEDBETTER, MORRIS lease?

The Railroad Commission lists Banquet Production, LLC (operator number 100881) as the operator of this lease in Shackelford County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the LEDBETTER, MORRIS lease produced?

The lease reported 35 bbl of oil 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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