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Royalty Clerk

Texas oil lease · RRC district 8A · Lease 70866

Producing

MAVERICK 4

Maverick 4 is an oil lease in Gaines County, Texas, operated by Bce-Mach III LLC in the Harris (San Andres) field. The Railroad Commission shows 7,233 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

7,233bbl oil, last 12 months−3% vs prior year
Operator
Bce-Mach III LLC
County
Gaines County
Field
Harris (San Andres)
RRC lease
8A-70866

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Where it sits

This county

Gaines CountyGainesYoakumDawsonTerryGaines County
Gaines County · RRC district 8AOpen Gaines County →
Gas, last 12 months
1,524 mcf
Oil in Jul 2026
614 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 fell 3% over the last 12 months

7,233 bbl in the 12 months through Jul 2026, against 7,493 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for MAVERICK 4, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 7,233 bbl in the 12 months through Jul 2026, against 7,493 bbl in the 12 months before.Last 12 months: 7,233 bblbbl per monthmcf per month0020050400100600150800200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for MAVERICK 4, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 7,233 bbl in the 12 months through Jul 2026, against 7,493 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020050400100600150800200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 70866, district 8A. 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.

56% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2025.

  • Processing plant (3)
  • Flared (4)
56% of the gas went to flaring in the last 12 monthsShare of MAVERICK 4 gas by disposition code each month, Aug 2023 to Jul 2026. 56% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
56% of the gas went to flaring in the last 12 monthsShare of MAVERICK 4 gas by disposition code each month, Aug 2023 to Jul 2026. 56% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 70866, district 8A. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 56.0% of the gas was flared. 13 months went above 3%, which we mark in the ledger below.

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 Sep 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 timeSabinal Energy Operating, LLC, Jan 2020 to Aug 2025; Bce-Mach III LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Sabinal Energy Operating, LLCJan 2020 to Aug 2025Bce-Mach III LLCSep 2025 to now
Operators of this lease over timeSabinal Energy Operating, LLC, Jan 2020 to Aug 2025; Bce-Mach III LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Sabinal Energy Operating, LLCJan 2020 to Aug 2025Bce-Mach III LLCSep 2025 to now

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 70866 in district 8A. The API number is the state’s ID for a well.
Wells on MAVERICK 4
API numberWell no.Status
42-165-387241HActive

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 70866.

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

    Hollyfrontier Ref & Mktg LLC gathers it.

    100% of it, on the list since Nov 22, 2018

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Nov 22, 2018 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Nov 22, 2018

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

960 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
Nov 22, 2018
Latest permit
Jul 18, 2018

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for Maverick 4
API numberWell no.Acreson the permit
42-165-387241H960

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 MAVERICK 4 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 MAVERICK 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Bce-Mach III61459914811236$80.46$2.89
Jun 2026Bce-Mach III5926121204872$84.81$3.15
May 2026Bce-Mach III6276171244876$102.13$2.94
Apr 2026Bce-Mach III5805731071034$100.32$2.77
Mar 2026Bce-Mach III6156201241240$91.38$3.04
Feb 2026Bce-Mach III5555561123676$64.51$3.62
Jan 2026Bce-Mach III6186261241240$60.04$7.72
Dec 2025Bce-Mach III6186041240124$57.97$4.26
Nov 2025Bce-Mach III5935911210121$60.06$3.79
Oct 2025Bce-Mach III6156181240124$60.89$3.19
Sep 2025Bce-Mach III5945941727696$63.96$2.97
Aug 2025Sabinal Energy6126121240124$64.86$2.91
Jul 2025Sabinal Energy6256121241240$68.39$3.20
Jun 2025Sabinal Energy5905951201200$68.17$3.02
May 2025Sabinal Energy6106111241240$62.17$3.12
Apr 2025Sabinal Energy5995981201200$63.54$3.42
Mar 2025Sabinal Energy6046131241240$68.24$4.12
Feb 2025Sabinal Energy5675741121120$71.53$4.19
Jan 2025Sabinal Energy6466391221220$75.74$4.13
Dec 2024Sabinal Energy6716791241240$70.12$3.01
Nov 2024Sabinal Energy6416231201200$69.95$2.12
Oct 2024Sabinal Energy6436591241240$71.99$2.20
Sep 2024Sabinal Energy6396411201200$70.24$2.28
Aug 2024Sabinal Energy6586571241240$76.68$1.99
Jul 2024Sabinal Energy6776561241240$81.80$2.07
Jun 2024Sabinal Energy6326471202892$79.77$2.54
May 2024Sabinal Energy6586611243688$80.02$2.12
Apr 2024Sabinal Energy635631000$85.35$1.60
Mar 2024Sabinal Energy66765912424100$81.28$1.49
Feb 2024Sabinal Energy6186141161160$77.25$1.72
Jan 2024Sabinal Energy6586521231230$74.15$3.18
Dec 2023Sabinal Energy6747031241240$71.90$2.52
Nov 2023Sabinal Energy6736791251250$77.69$2.71
Oct 2023Sabinal Energy6766571331330$85.64$2.98
Sep 2023Sabinal Energy6436471321320$89.43$2.64
Aug 2023Sabinal Energy59359394940$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBce-Mach III LLCFieldHarris (San Andres)CountyGaines County

Bce-Mach III LLC in Gaines County

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Harris (San Andres) 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 70866, district 8A, 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.