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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 28593

No report in 6+ months

PENCE

Pence is an oil lease in Eastland County, Texas, operated by Richey, Ray Management Co., Inc. in the JMJ (Marble Falls) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Richey, Ray Management Co., Inc.
County
Eastland County
Field
JMJ (Marble Falls)
RRC lease
7B-28593

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Where it sits

This county

Eastland CountyEastlandShackelfordCallahanPalo PintoErathComancheStephensEastland County
Eastland County · RRC district 7BOpen Eastland County →
Oil in Dec 2025
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Dec 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 (Jan 2023 to Dec 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.

Richey, Ray Management Co., Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeRichey, Ray Management Co., Inc., Jan 2020 to Dec 2025202020212022202320242025Richey, Ray Management Co., I…Jan 2020 to nowthrough Dec 2025
Operators of this lease over timeRichey, Ray Management Co., Inc., Jan 2020 to Dec 2025202020212022202320242025Richey, Ray Management Co., Inc.Jan 2020 to nowthrough Dec 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 28593 in district 7B. The API number is the state’s ID for a well.
Wells on PENCE
API numberWell no.Status
42-133-363071Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 28593.

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

    Energy Transfer Marketing & Term gathers it.

    100% of it, on the list since Dec 1, 2022

  • Gas from oil wells

    Txu Portfolio Management Co. LP buys it; Midcoast Gathering (N Tx) L.p. gathers it.

    Txu Portfolio Management Co. LP buys it: 100% of it, on the list since Jan 1, 2004 · Midcoast Gathering (N Tx) L.p. gathers it: 100% of it, on the list since Oct 1, 2018

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022).

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

160 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
10 not plugged
Horizontal
0
First completion
Feb 26, 1985
Latest permit
Jan 17, 1985
Wells and acres on the permits for Pence
API numberWell no.Acreson the permit
42-133-363071160

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 PENCE 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 PENCE
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Dec 2025Richey, Ray00$57.97$4.26
Nov 2025Richey, Ray00$60.06$3.79
Oct 2025Richey, Ray00$60.89$3.19
Sep 2025Richey, Ray00$63.96$2.97
Aug 2025Richey, Ray00$64.86$2.91
Jul 2025Richey, Ray00$68.39$3.20
Jun 2025Richey, Ray00$68.17$3.02
May 2025Richey, Ray00$62.17$3.12
Apr 2025Richey, Ray00$63.54$3.42
Mar 2025Richey, Ray00$68.24$4.12
Feb 2025Richey, Ray00$71.53$4.19
Jan 2025Richey, Ray00$75.74$4.13
Dec 2024Richey, Ray00$70.12$3.01
Nov 2024Richey, Ray00$69.95$2.12
Oct 2024Richey, Ray00$71.99$2.20
Sep 2024Richey, Ray00$70.24$2.28
Aug 2024Richey, Ray00$76.68$1.99
Jul 2024Richey, Ray00$81.80$2.07
Jun 2024Richey, Ray00$79.77$2.54
May 2024Richey, Ray00$80.02$2.12
Apr 2024Richey, Ray00$85.35$1.60
Mar 2024Richey, Ray00$81.28$1.49
Feb 2024Richey, Ray00$77.25$1.72
Jan 2024Richey, Ray00$74.15$3.18
Dec 2023Richey, Ray00$71.90$2.52
Nov 2023Richey, Ray00$77.69$2.71
Oct 2023Richey, Ray00$85.64$2.98
Sep 2023Richey, Ray00$89.43$2.64
Aug 2023Richey, Ray00$81.39$2.58
Jul 2023Richey, Ray00$76.07$2.55
Jun 2023Richey, Ray00$70.25$2.18
May 2023Richey, Ray00$71.58$2.15
Apr 2023Richey, Ray00$79.45$2.16
Mar 2023Richey, Ray00$73.28$2.31
Feb 2023Richey, Ray00$76.83$2.38
Jan 2023Richey, Ray00$78.12$3.27

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 PENCE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Richey, Ray Management Co., Inc.

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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

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorRichey, Ray Management Co., Inc.FieldJMJ (Marble Falls)CountyEastland County

Richey, Ray Management Co., Inc. in Eastland County

No other producing leases from this operator in this county are in our data yet.

JMJ (Marble Falls) field

No other producing leases in this field are in our data yet.

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 Dec 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 28593, 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.