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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 24594

No report in 6+ months

PAUL "B"

Paul "B" is an oil lease in Ector County, Texas, operated by Drake Oil & Gas, LLC in the Goldsmith field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Drake Oil & Gas, LLC
County
Ector County
Field
Goldsmith
RRC lease
08-24594

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County · RRC district 08Open Ector County →
Oil in Aug 2025
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Aug 2025

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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Sep 2022 to Aug 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

Drake Oil & Gas, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeDrake Oil & Gas, LLC, Jan 2020 to Aug 2025202020212022202320242025Drake Oil & Gas, LLCJan 2020 to nowthrough Aug 2025
Operators of this lease over timeDrake Oil & Gas, LLC, Jan 2020 to Aug 2025202020212022202320242025Drake Oil & Gas, LLCJan 2020 to nowthrough Aug 2025

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 24594 in district 08. The API number is the state’s ID for a well.
Wells on PAUL "B"
API numberWell no.Status
42-135-046441Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 24594.

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

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since May 1, 2004

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

82 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
21 not plugged
Horizontal
0
First completion
Aug 19, 1977
Latest permit
Feb 10, 1978
Wells and acres on the permits for Paul "B"
API numberWell no.Acreson the permit
42-135-04645282
42-135-04644182

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 PAUL "B" sold each month.

For example 0.00097656, or a fraction like 1/1024.

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.

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 PAUL "B"
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Aug 2025Drake Oil00$64.86$2.91
Jul 2025Drake Oil00$68.39$3.20
Jun 2025Drake Oil00$68.17$3.02
May 2025Drake Oil00$62.17$3.12
Apr 2025Drake Oil00$63.54$3.42
Mar 2025Drake Oil00$68.24$4.12
Feb 2025Drake Oil00$71.53$4.19
Jan 2025Drake Oil00$75.74$4.13
Dec 2024Drake Oil00$70.12$3.01
Nov 2024Drake Oil00$69.95$2.12
Oct 2024Drake Oil00$71.99$2.20
Sep 2024Drake Oil00$70.24$2.28
Aug 2024Drake Oil00$76.68$1.99
Jul 2024Drake Oil00$81.80$2.07
Jun 2024Drake Oil00$79.77$2.54
May 2024Drake Oil00$80.02$2.12
Apr 2024Drake Oil00$85.35$1.60
Mar 2024Drake Oil0131$81.28$1.49
Feb 2024Drake Oil00$77.25$1.72
Jan 2024Drake Oil00$74.15$3.18
Dec 2023Drake Oil00$71.90$2.52
Nov 2023Drake Oil00$77.69$2.71
Oct 2023Drake Oil00$85.64$2.98
Sep 2023Drake Oil00$89.43$2.64
Aug 2023Drake Oil00$81.39$2.58
Jul 2023Drake Oil00$76.07$2.55
Jun 2023Drake Oil00$70.25$2.18
May 2023Drake Oil00$71.58$2.15
Apr 2023Drake Oil00$79.45$2.16
Mar 2023Drake Oil00$73.28$2.31
Feb 2023Drake Oil00$76.83$2.38
Jan 2023Drake Oil00$78.12$3.27
Dec 2022Drake Oil00$76.44$5.53
Nov 2022Drake Oil00$84.37$5.45
Oct 2022Drake Oil00$87.55$5.66
Sep 2022Drake Oil00$84.26$7.88

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 PAUL "B". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Drake Oil & Gas, LLC.

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  • 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

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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

OperatorDrake Oil & Gas, LLCFieldGoldsmithCountyEctor County

Drake Oil & Gas, LLC in Ector County

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Goldsmith 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 Aug 2025?

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 24594, district 08, 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.