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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 29508

Producing

LINK -1-

Link -1- is an oil lease in Stephens County, Texas, operated by Marjac Oil Company, Inc. in the Sow Branch (Strawn) field. The Railroad Commission shows 479 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

479bbl oil, last 12 months−31% vs prior year
Operator
Marjac Oil Company, Inc.
County
Stephens County
Field
Sow Branch (Strawn)
RRC lease
7B-29508

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County · RRC district 7BOpen Stephens County →
Oil in Jul 2026
21 bbl
Reporting to the state
since Jan 2020
Wells
2
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 31% over the last 12 months

479 bbl in the 12 months through Jul 2026, against 694 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production for LINK -1-, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 479 bbl in the 12 months through Jul 2026, against 694 bbl in the 12 months before.Last 12 months: 479 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production for LINK -1-, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 479 bbl in the 12 months through Jul 2026, against 694 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 29508, 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.

Marjac Oil Company, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMarjac Oil Company, Inc., Jan 2020 to Jul 20262020202120222023202420252026Marjac Oil Company, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeMarjac Oil Company, Inc., Jan 2020 to Jul 20262020202120222023202420252026Marjac Oil Company, Inc.Jan 2020 to nowthrough Jul 2026

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 29508 in district 7B. The API number is the state’s ID for a well.
Wells on LINK -1-
API numberWell no.Status
42-429-361023Active
42-429-361234Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 29508.

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

    Sentinel Transportation, LLC gathers it.

    100% of it, on the list since Feb 1, 2019

  • Gas from oil wells

    Colt G & P (North Texas) L.p. buys it; Colt Gathering (North Texas)l.p. gathers it.

    Colt G & P (North Texas) L.p. buys it: 100% of it, on the list since Sep 1, 2026 · Colt Gathering (North Texas)l.p. gathers it: 100% of it, on the list since Sep 1, 2026

Companies that used to be listed: Targa Midstream Services LLC (gathers it, until Sep 1, 2026); Targa Midstream Services LLC (buys it, until Sep 1, 2026); Targa Midstream Services LLC (buys it, until Feb 1, 2019); Gulfmark Energy, Inc. (gathers it, until Feb 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

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
22 not plugged
Horizontal
0
First completion
Jul 2, 2004
Latest permit
Mar 1, 2005

The wells on this lease state different acreage

The permits state between 320 and 638 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Link -1-
API numberWell no.Acreson the permit
42-429-361234320
42-429-361023638

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 LINK -1- 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 LINK -1-
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Marjac Oil21168$80.46$2.89
Jun 2026Marjac Oil310$84.81$3.15
May 2026Marjac Oil490$102.13$2.94
Apr 2026Marjac Oil550$100.32$2.77
Mar 2026Marjac Oil50169$91.38$3.04
Feb 2026Marjac Oil480$64.51$3.62
Jan 2026Marjac Oil380$60.04$7.72
Dec 2025Marjac Oil550$57.97$4.26
Nov 2025Marjac Oil63176$60.06$3.79
Oct 2025Marjac Oil210$60.89$3.19
Sep 2025Marjac Oil210$63.96$2.97
Aug 2025Marjac Oil270$64.86$2.91
Jul 2025Marjac Oil400$68.39$3.20
Jun 2025Marjac Oil22171$68.17$3.02
May 2025Marjac Oil320$62.17$3.12
Apr 2025Marjac Oil320$63.54$3.42
Mar 2025Marjac Oil450$68.24$4.12
Feb 2025Marjac Oil50174$71.53$4.19
Jan 2025Marjac Oil1000$75.74$4.13
Dec 2024Marjac Oil94174$70.12$3.01
Nov 2024Marjac Oil710$69.95$2.12
Oct 2024Marjac Oil690$71.99$2.20
Sep 2024Marjac Oil60167$70.24$2.28
Aug 2024Marjac Oil790$76.68$1.99
Jul 2024Marjac Oil73167$81.80$2.07
Jun 2024Marjac Oil700$79.77$2.54
May 2024Marjac Oil82172$80.02$2.12
Apr 2024Marjac Oil770$85.35$1.60
Mar 2024Marjac Oil82163$81.28$1.49
Feb 2024Marjac Oil980$77.25$1.72
Jan 2024Marjac Oil96174$74.15$3.18
Dec 2023Marjac Oil114171$71.90$2.52
Nov 2023Marjac Oil1260$77.69$2.71
Oct 2023Marjac Oil81170$85.64$2.98
Sep 2023Marjac Oil550$89.43$2.64
Aug 2023Marjac Oil620$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

OperatorMarjac Oil Company, Inc.FieldSow Branch (Strawn)CountyStephens County

Marjac Oil Company, Inc. in Stephens County

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Sow Branch (Strawn) 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 29508, 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.