Texas oil lease · RRC district 7B · Lease 32399
Shut inLN
LN is an oil lease in Jones County, Texas, operated by Iron Bell Operating, LLC in the Jones County Regular field.
Oil lease dossier · 1 well
- Operator
- Iron Bell Operating, LLC
- County
- Jones County
- Field
- Jones County Regular
- RRC lease
- 7B-32399
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Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
No oil produced in the last 12 months
The last month with output was Jun 2025, at 20 bbl.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 32399, district 7B. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed once, most recently in Dec 2022
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Iron Bell Operating, LLC Dec 2022 to now
- Drillogix Exploration LLC Jan 2020 to Nov 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-253-35577 | 5 | Shut-in | – |
SourceTexas Railroad Commission Wellbore Query, district 7B, lease 32399.
Who buys and gathers
Who moves and buys this lease's production
Oil
Bml, Inc. B gathers it.
100% of it, on the list since Sep 15, 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.
Unit and wells
80 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Sep 15, 2019
- Latest permit
- Aug 6, 2019
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-253-35577 | 5 | Aug 6, 2019 | Sep 15, 2019 | 80 |
Estimator
Estimate your royalty for this lease
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 LN sold each month.
For example 0.00097656, or a fraction like 1/1024.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Iron Bell | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Iron Bell | 0 | 0 | $84.81 | $3.15 |
| May 2026Iron Bell | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Iron Bell | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Iron Bell | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Iron Bell | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Iron Bell | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Iron Bell | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Iron Bell | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Iron Bell | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Iron Bell | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Iron Bell | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Iron Bell | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Iron Bell | 20 | 0 | $68.17 | $3.02 |
| May 2025Iron Bell | 21 | 166 | $62.17 | $3.12 |
| Apr 2025Iron Bell | 46 | 0 | $63.54 | $3.42 |
| Mar 2025Iron Bell | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Iron Bell | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Iron Bell | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Iron Bell | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Iron Bell | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Iron Bell | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Iron Bell | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Iron Bell | 4 | 0 | $76.68 | $1.99 |
| Jul 2024Iron Bell | 5 | 0 | $81.80 | $2.07 |
| Jun 2024Iron Bell | 6 | 0 | $79.77 | $2.54 |
| May 2024Iron Bell | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Iron Bell | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Iron Bell | 6 | 0 | $81.28 | $1.49 |
| Feb 2024Iron Bell | 8 | 0 | $77.25 | $1.72 |
| Jan 2024Iron Bell | 10 | 0 | $74.15 | $3.18 |
| Dec 2023Iron Bell | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Iron Bell | 31 | 0 | $77.69 | $2.71 |
| Oct 2023Iron Bell | 63 | 0 | $85.64 | $2.98 |
| Sep 2023Iron Bell | 130 | 165 | $89.43 | $2.64 |
| Aug 2023Iron Bell | 98 | 175 | $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).
Check your statements
Do your checks match this lease?
Upload your statements for LN. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Iron Bell Operating, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Iron Bell Operating, LLC in Jones County
- PROPST
593 bbl last 12 months
Jones County Regular field
- OLIVER SWENSON 'A'
7,120 bbl last 12 months
- SAYLES, HENRY, JR.
3,323 bbl last 12 months
- GUITAR TRUST ESTATE
3,189 bbl last 12 months
- CLOUD
2,957 bbl last 12 months
- RAMSEY, H. H. & M. T.
2,857 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- LEONARD - NEWMONT
0 bbl last 12 months · 0.1 km away
- LEONARD - NEWMONT
0 bbl last 12 months · 0.1 km away
- DOUBLE NICKEL
1,059 bbl last 12 months · 0.3 km away
- DOUBLE NICKEL 'A'
624 bbl last 12 months · 0.3 km away
- MOORE-PULLTIGHT
0 bbl last 12 months · 0.6 km away
Drilling permits within 10 km
BAUCUM #3
new drill · Star Production, Inc. · Jones County · 2.2 km away
Permit 0917739 · Aug 12, 2026
HF SINCLAIR #T015MP
new drill · Wbi Energy Midstream, LLC · Jones County · 7.9 km away
Permit 0916025 · Aug 5, 2026
HALL 40 #1
new drill · Star Production, Inc. · Jones County · 3.5 km away
Permit 0915812 · May 27, 2026
BAUCUM #2
new drill · Star Production, Inc. · Jones County · 2.4 km away
Permit 0915796 · May 27, 2026
TP #1.75 #1
new drill · Energy Transfer Company · Jones County · 7 km away
Permit 0914725 · Apr 21, 2026
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 32399, 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.