Skip to content
Royalty Clerk

Texas oil lease · RRC district 03 · Lease 23983

Producing

LPB

LPB is an oil lease in Fayette County, Texas, operated by Leexus Oil LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 288 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

288bbl oil, last 12 months+83% vs prior year
Operator
Leexus Oil LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-23983

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County · RRC district 03Open Fayette County →
Gas, last 12 months
4,053 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 rose 83% over the last 12 months

288 bbl in the 12 months through Jul 2026, against 157 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 83% over the last 12 monthsMonthly oil production and gas for LPB, Aug 2023 to Jul 2026. Oil output rose 83% over the last 12 months. 288 bbl in the 12 months through Jul 2026, against 157 bbl in the 12 months before.Last 12 months: 288 bblbbl per monthmcf per month0025500501,000751,5001002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 83% over the last 12 monthsMonthly oil production and gas for LPB, Aug 2023 to Jul 2026. Oil output rose 83% over the last 12 months. 288 bbl in the 12 months through Jul 2026, against 157 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025500501,000751,5001002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 23983, district 03. 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.

95% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
95% of the gas went to a transmission line in the last 12 monthsShare of LPB gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of LPB gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 23983, district 03. Reported through Jul 2026.

Transmission line (2)

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

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

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.

Leexus Oil LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeLeexus Oil LLC, Jan 2020 to Jul 20262020202120222023202420252026Leexus Oil LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeLeexus Oil LLC, Jan 2020 to Jul 20262020202120222023202420252026Leexus Oil LLCJan 2020 to nowthrough Jul 2026

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 23983 in district 03. The API number is the state’s ID for a well.
Wells on LPB
API numberWell no.Status
42-149-331091Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 23983.

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

    Energy Transfer Marketing & Term gathers it.

    100% of it, on the list since Dec 1, 2022

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022); Energy Transfer Company (gathers it, until Jul 1, 2020); Energy Transfer Company (buys it, until Jul 1, 2020); 4J Energy, LLC (gathers it, until Jul 1, 2020).

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

676.52 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
1
First completion
Mar 14, 2001
Latest permit
Jan 25, 2001

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for LPB
API numberWell no.Acreson the permit
42-149-331091676.52

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 LPB 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. 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 LPB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Leexus Oil086000$80.46$2.89
Jun 2026Leexus Oil6305505230$84.81$3.15
May 2026Leexus Oil1516846500$102.13$2.94
Apr 2026Leexus Oil1402842700$100.32$2.77
Mar 2026Leexus Oil90959499020$91.38$3.04
Feb 2026Leexus Oil203923720$64.51$3.62
Jan 2026Leexus Oil50000$60.04$7.72
Dec 2025Leexus Oil00000$57.97$4.26
Nov 2025Leexus Oil4267640$60.06$3.79
Oct 2025Leexus Oil32903583400$60.89$3.19
Sep 2025Leexus Oil3404384160$63.96$2.97
Aug 2025Leexus Oil2903313140$64.86$2.91
Jul 2025Leexus Oil25492242130$68.39$3.20
Jun 2025Leexus Oil211604083880$68.17$3.02
May 2025Leexus Oil4104214000$62.17$3.12
Apr 2025Leexus Oil4104384160$63.54$3.42
Mar 2025Leexus Oil280000$68.24$4.12
Feb 2025Leexus Oil111,5851,5060$71.53$4.19
Jan 2025Leexus Oil00000$75.74$4.13
Dec 2024Leexus Oil00000$70.12$3.01
Nov 2024Leexus Oil00000$69.95$2.12
Oct 2024Leexus Oil00000$71.99$2.20
Sep 2024Leexus Oil00000$70.24$2.28
Aug 2024Leexus Oil0139000$76.68$1.99
Jul 2024Leexus Oil001071020$81.80$2.07
Jun 2024Leexus Oil902061960$79.77$2.54
May 2024Leexus Oil3202342220$80.02$2.12
Apr 2024Leexus Oil1603423250$85.35$1.60
Mar 2024Leexus Oil3114304090$81.28$1.49
Feb 2024Leexus Oil2003233070$77.25$1.72
Jan 2024Leexus Oil2004083880$74.15$3.18
Dec 2023Leexus Oil3404304090$71.90$2.52
Nov 2023Leexus Oil79998297880$77.69$2.71
Oct 2023Leexus Oil11085810$85.64$2.98
Sep 2023Leexus Oil3908017610$89.43$2.64
Aug 2023Leexus Oil501939889390$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 LPB. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Leexus Oil LLC.

Check my statementTry a sample owner
  • 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

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

This lease belongs to

OperatorLeexus Oil LLCFieldGiddings (Austin Chalk-3)CountyFayette County

Leexus Oil LLC in Fayette County

All Leexus Oil LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

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 23983, district 03, 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.