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Royalty Clerk

Texas oil lease · RRC district 10 · Lease 08425

Producing

PEARSON

Pearson is an oil lease in Ochiltree County, Texas, operated by H & L Exploration Company, LLC in the Pan Petro (Cleveland) field. The Railroad Commission shows 646 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

646bbl oil, last 12 months−33% vs prior year
Operator
H & L Exploration Company, LLC
County
Ochiltree County
Field
Pan Petro (Cleveland)
RRC lease
10-08425

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Where it sits

This county

Ochiltree CountyOchiltreeHansfordLipscombOchiltree County
Ochiltree County · RRC district 10Open Ochiltree County →
Gas, last 12 months
9,148 mcf
Oil in Jul 2026
51 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 33% over the last 12 months

646 bbl in the 12 months through Jul 2026, against 966 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PEARSON, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 646 bbl in the 12 months through Jul 2026, against 966 bbl in the 12 months before.Last 12 months: 646 bblbbl per monthmcf per month002525050500757501001,0001251,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PEARSON, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 646 bbl in the 12 months through Jul 2026, against 966 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002525050500757501001,0001251,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 08425, district 10. 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.

98% 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)
98% of the gas went to a transmission line in the last 12 monthsShare of PEARSON gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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
98% of the gas went to a transmission line in the last 12 monthsShare of PEARSON gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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 08425, district 10. 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.

H & L Exploration Company, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeH & L Exploration Company, LLC, Jan 2020 to Jul 20262020202120222023202420252026H & L Exploration Company, LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeH & L Exploration Company, LLC, Jan 2020 to Jul 20262020202120222023202420252026H & L Exploration Company, 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 08425 in district 10. The API number is the state’s ID for a well.
Wells on PEARSON
API numberWell no.Status
42-357-329002HActive

SourceTexas Railroad Commission Wellbore Query, district 10, lease 08425.

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

    Mission Petroleum Carriers, Inc. gathers it.

    100% of it, on the list since Jul 28, 2010

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Oct 1, 2023 · Energy Transfer Company gathers it: 100% of it, on the list since Nov 1, 2015

Companies that used to be listed: Energy Transfer Company (buys it, until Oct 1, 2023).

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

640 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
Jul 28, 2010
Latest permit
Apr 8, 2010
Wells and acres on the permits for Pearson
API numberWell no.Acreson the permit
42-357-329002H640

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 PEARSON 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 PEARSON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026H &5107427270$80.46$2.89
Jun 2026H &5007437280$84.81$3.15
May 2026H &61777677520$102.13$2.94
Apr 2026H &6007046890$100.32$2.77
Mar 2026H &6507637480$91.38$3.04
Feb 2026H &4206786630$64.51$3.62
Jan 2026H &301727947790$60.04$7.72
Dec 2025H &9307577420$57.97$4.26
Nov 2025H &5807947790$60.06$3.79
Oct 2025H &591847877720$60.89$3.19
Sep 2025H &4507187030$63.96$2.97
Aug 2025H &8709018860$64.86$2.91
Jul 2025H &1021849179020$68.39$3.20
Jun 2025H &7209449290$68.17$3.02
May 2025H &741808558400$62.17$3.12
Apr 2025H &8107967810$63.54$3.42
Mar 2025H &841828878720$68.24$4.12
Feb 2025H &6007587430$71.53$4.19
Jan 2025H &4909319160$75.74$4.13
Dec 2024H &581808368210$70.12$3.01
Nov 2024H &8209018860$69.95$2.12
Oct 2024H &8409389230$71.99$2.20
Sep 2024H &1171799939780$70.24$2.28
Aug 2024H &1031879959800$76.68$1.99
Jul 2024H &7309629470$81.80$2.07
Jun 2024H &531787767610$79.77$2.54
May 2024H &10709719560$80.02$2.12
Apr 2024H &5508608450$85.35$1.60
Mar 2024H &801858968810$81.28$1.49
Feb 2024H &5607977820$77.25$1.72
Jan 2024H &5108428270$74.15$3.18
Dec 2023H &731918908750$71.90$2.52
Nov 2023H &6509359200$77.69$2.71
Oct 2023H &6201,0019860$85.64$2.98
Sep 2023H &521889299140$89.43$2.64
Aug 2023H &5809369210$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

OperatorH & L Exploration Company, LLCFieldPan Petro (Cleveland)CountyOchiltree County

H & L Exploration Company, LLC in Ochiltree County

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Pan Petro (Cleveland) field

All leases in this field →

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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 08425, district 10, 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.