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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 26550

Producing

NELSON

Nelson is an oil lease in Throckmorton County, Texas, operated by S.b. Street Operating, Inc. in the Joanie (Caddo) field. The Railroad Commission shows 704 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

704bbl oil, last 12 months+5% vs prior year
Operator
S.b. Street Operating, Inc.
County
Throckmorton County
Field
Joanie (Caddo)
RRC lease
7B-26550

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Where it sits

This county

Throckmorton CountyThrockmortonBaylorKnoxYoungHaskellArcherThrockmorton County
Throckmorton County · RRC district 7BOpen Throckmorton County →
Gas, last 12 months
21,613 mcf
Oil in Jul 2026
74 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 5% over the last 12 months

704 bbl in the 12 months through Jul 2026, against 671 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for NELSON, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 704 bbl in the 12 months through Jul 2026, against 671 bbl in the 12 months before.Last 12 months: 704 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for NELSON, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 704 bbl in the 12 months through Jul 2026, against 671 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 26550, 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.

Since Feb 2026 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Transmission line (2)
Since Feb 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of NELSON gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of NELSON gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Feb 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 26550, district 7B. 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.

Transmission line (2)

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

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.

The operator changed once, most recently in Jan 2026

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 timeRomac Oil Company, Inc., Jan 2020 to Dec 2025; S.b. Street Operating, Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Romac Oil Company, Inc.Jan 2020 to Dec 2025S.b. Street Operating, Inc.Jan 2026 to now
Operators of this lease over timeRomac Oil Company, Inc., Jan 2020 to Dec 2025; S.b. Street Operating, Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Romac Oil Company, Inc.Jan 2020 to Dec 2025S.b. Street Operating, Inc.Jan 2026 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 26550 in district 7B. The API number is the state’s ID for a well.
Wells on NELSON
API numberWell no.Status
42-447-351881Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 26550.

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 Sep 1, 2025

  • Gas from oil wells

    Greyhound Gas Company LLC buys and gathers it.

    Greyhound Gas Company LLC buys it: 100% of it, on the list since Jan 1, 2026 · Greyhound Gas Company LLC gathers it: 100% of it, on the list since Jan 1, 2026

Companies that used to be listed: Romac Gas Co., Inc. (gathers it, until Jan 1, 2026); Romac Gas Co., Inc. (buys it, until Jan 1, 2026); Transoil Marketing, LLC (gathers it, until Sep 1, 2025).

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

80 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
0
First completion
Aug 3, 1991
Latest permit
Jun 4, 1992
Wells and acres on the permits for Nelson
API numberWell no.Acreson the permit
42-447-35188180

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 NELSON 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 NELSON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026S.b. Street741692,0242,0240$80.46$2.89
Jun 2026S.b. Street10201,9201,9200$84.81$3.15
May 2026S.b. Street631701,8571,8570$102.13$2.94
Apr 2026S.b. Street7201,8931,8930$100.32$2.77
Mar 2026S.b. Street6802,0802,0800$91.38$3.04
Feb 2026S.b. Street4402,3222,3220$64.51$3.62
Jan 2026S.b. Street33167000$60.04$7.72
Dec 2025Romac Oil5001,1891,1890$57.97$4.26
Nov 2025Romac Oil7401,9181,9180$60.06$3.79
Oct 2025Romac Oil441661,8231,8230$60.89$3.19
Sep 2025Romac Oil5601,7931,7930$63.96$2.97
Aug 2025Romac Oil2402,7942,7940$64.86$2.91
Jul 2025Romac Oil1101,4931,4930$68.39$3.20
Jun 2025Romac Oil701712,2762,2760$68.17$3.02
May 2025Romac Oil4302,4002,4000$62.17$3.12
Apr 2025Romac Oil731752,3462,3460$63.54$3.42
Mar 2025Romac Oil7002,4932,4930$68.24$4.12
Feb 2025Romac Oil3702,9302,9300$71.53$4.19
Jan 2025Romac Oil2302,1252,1250$75.74$4.13
Dec 2024Romac Oil3201,6711,6710$70.12$3.01
Nov 2024Romac Oil851702,4962,4960$69.95$2.12
Oct 2024Romac Oil8702,6702,6700$71.99$2.20
Sep 2024Romac Oil591702,6502,6500$70.24$2.28
Aug 2024Romac Oil8102,6502,6500$76.68$1.99
Jul 2024Romac Oil761752,7452,7450$81.80$2.07
Jun 2024Romac Oil5702,7662,7660$79.77$2.54
May 2024Romac Oil7702,6982,6980$80.02$2.12
Apr 2024Romac Oil801672,7992,7990$85.35$1.60
Mar 2024Romac Oil630000$81.28$1.49
Feb 2024Romac Oil361732,6422,6420$77.25$1.72
Jan 2024Romac Oil2021732,7042,7040$74.15$3.18
Dec 2023Romac Oil321742,6522,6520$71.90$2.52
Nov 2023Romac Oil16702,6912,6910$77.69$2.71
Oct 2023Romac Oil1001772,7932,7930$85.64$2.98
Sep 2023Romac Oil11002,7272,7270$89.43$2.64
Aug 2023Romac Oil1061762,8772,8770$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

OperatorS.b. Street Operating, Inc.FieldJoanie (Caddo)CountyThrockmorton County

S.b. Street Operating, Inc. in Throckmorton County

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Joanie (Caddo) field

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Leases within 10 km

Found by the location of their wells.

New drilling permits in Throckmorton County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 26550, 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.