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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 32540

Producing

MORTON

Morton is an oil lease in Jones County, Texas, operated by Lkktx 2018, LLC in the S. L. C. (Tannehill) field. The Railroad Commission shows 8,792 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 7 wells

8,792bbl oil, last 12 months+48% vs prior year
Operator
Lkktx 2018, LLC
County
Jones County
Field
S. L. C. (Tannehill)
RRC lease
7B-32540

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Where it sits

This county

Jones CountyJonesShackelfordFisherStonewallThrockmortonHaskellJones County
Jones County · RRC district 7BOpen Jones County →
Oil in Jul 2026
637 bbl
Reporting to the state
since Apr 2021
Wells
7
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 rose 48% over the last 12 months

8,792 bbl in the 12 months through Jul 2026, against 5,949 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 48% over the last 12 monthsMonthly oil production for MORTON, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 8,792 bbl in the 12 months through Jul 2026, against 5,949 bbl in the 12 months before.Last 12 months: 8,792 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 48% over the last 12 monthsMonthly oil production for MORTON, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 8,792 bbl in the 12 months through Jul 2026, against 5,949 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 32540, 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.

Lkktx 2018, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeLkktx 2018, LLC, Apr 2021 to Jul 202620222023202420252026Lkktx 2018, LLCApr 2021 to nowthrough Jul 2026
Operators of this lease over timeLkktx 2018, LLC, Apr 2021 to Jul 202620222023202420252026Lkktx 2018, LLCApr 2021 to nowthrough Jul 2026

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

Wells

7 wells on this lease

Every well the Railroad Commission links to oil lease 32540 in district 7B. The API number is the state’s ID for a well.
Wells on MORTON
API numberWell no.Status
42-253-355651Active
42-253-356265Active
42-253-356276Active
42-253-356487Active
42-253-356508Active
42-253-356769Active
42-253-3567710Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 32540.

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

    Bml, Inc. B gathers it.

    100% of it, on the list since May 3, 2021

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

200 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
77 not plugged
Horizontal
0
First completion
Apr 29, 2021
Latest permit
Mar 9, 2022

7 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Morton
API numberWell no.Acreson the permit
42-253-356769200
42-253-3567710200
42-253-356508200
42-253-356487200
42-253-356276200
42-253-355651200
42-253-356265200

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.

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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 MORTON 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.

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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 MORTON
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Lkktx 2018,637535$80.46$2.89
Jun 2026Lkktx 2018,500479$84.81$3.15
May 2026Lkktx 2018,745665$102.13$2.94
Apr 2026Lkktx 2018,701883$100.32$2.77
Mar 2026Lkktx 2018,763706$91.38$3.04
Feb 2026Lkktx 2018,756697$64.51$3.62
Jan 2026Lkktx 2018,750904$60.04$7.72
Dec 2025Lkktx 2018,793708$57.97$4.26
Nov 2025Lkktx 2018,795736$60.06$3.79
Oct 2025Lkktx 2018,648725$60.89$3.19
Sep 2025Lkktx 2018,861855$63.96$2.97
Aug 2025Lkktx 2018,843853$64.86$2.91
Jul 2025Lkktx 2018,877868$68.39$3.20
Jun 2025Lkktx 2018,1150$68.17$3.02
May 2025Lkktx 2018,455445$62.17$3.12
Apr 2025Lkktx 2018,439453$63.54$3.42
Mar 2025Lkktx 2018,488447$68.24$4.12
Feb 2025Lkktx 2018,298546$71.53$4.19
Jan 2025Lkktx 2018,656445$75.74$4.13
Dec 2024Lkktx 2018,495421$70.12$3.01
Nov 2024Lkktx 2018,505531$69.95$2.12
Oct 2024Lkktx 2018,526631$71.99$2.20
Sep 2024Lkktx 2018,544527$70.24$2.28
Aug 2024Lkktx 2018,551523$76.68$1.99
Jul 2024Lkktx 2018,572617$81.80$2.07
Jun 2024Lkktx 2018,578528$79.77$2.54
May 2024Lkktx 2018,692619$80.02$2.12
Apr 2024Lkktx 2018,531531$85.35$1.60
Mar 2024Lkktx 2018,637682$81.28$1.49
Feb 2024Lkktx 2018,637620$77.25$1.72
Jan 2024Lkktx 2018,686703$74.15$3.18
Dec 2023Lkktx 2018,686700$71.90$2.52
Nov 2023Lkktx 2018,685701$77.69$2.71
Oct 2023Lkktx 2018,703684$85.64$2.98
Sep 2023Lkktx 2018,677694$89.43$2.64
Aug 2023Lkktx 2018,732771$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

OperatorLkktx 2018, LLCFieldS. L. C. (Tannehill)CountyJones County

Lkktx 2018, LLC in Jones County

All Lkktx 2018, LLC leases →

S. L. C. (Tannehill) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • RISLEY 'A'

    4,632 bbl last 12 months · 0.7 km away

  • HOWARD

    238 bbl last 12 months · 0.7 km away

  • MORTON

    2,831 bbl last 12 months · 0.8 km away

  • RISLEY

    10,499 bbl last 12 months · 0.9 km away

  • HOWARD

    179 bbl last 12 months · 0.9 km away

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 32540, 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.