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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 08776

Producing

PHILLIPS "4"

Phillips "4" is an oil lease in Irion County, Texas, operated by Rolling Hills Oil & Gas, Inc in the Irion, W. (Canyon) field. The Railroad Commission shows 32 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 1 well

32bbl oil, last 12 months+60% vs prior year
Operator
Rolling Hills Oil & Gas, Inc
County
Irion County
Field
Irion, W. (Canyon)
RRC lease
7C-08776

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County · RRC district 7COpen Irion County →
Oil in Jun 2026
1 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jun 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 60% over the last 12 months

32 bbl in the 12 months through Jul 2026, against 20 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 60% over the last 12 monthsMonthly oil production for PHILLIPS "4", Aug 2023 to Jul 2026. Oil output rose 60% over the last 12 months. 32 bbl in the 12 months through Jul 2026, against 20 bbl in the 12 months before.Last 12 months: 32 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 60% over the last 12 monthsMonthly oil production for PHILLIPS "4", Aug 2023 to Jul 2026. Oil output rose 60% over the last 12 months. 32 bbl in the 12 months through Jul 2026, against 20 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 08776, district 7C. 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.

The operator changed 3 times, most recently in Mar 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 timeBreitburn Operating L.P., Jan 2020 to Jan 2021; West Inland Energy, Inc., Feb 2021 to Jun 2022; Bustamante Oil Company, Jul 2022 to Feb 2026; Rolling Hills Oil & Gas, Inc, Mar 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2022Changed Mar 2026Breitburn Operating L.P.Jan 2020 to Jan 2021West Inland Energy, Inc.Feb 2021 to Jun 2022Bustamante Oil CompanyJul 2022 to Feb 2026Rolling Hills Oil & Gas, IncMar 2026 to now
Operators of this lease over timeBreitburn Operating L.P., Jan 2020 to Jan 2021; West Inland Energy, Inc., Feb 2021 to Jun 2022; Bustamante Oil Company, Jul 2022 to Feb 2026; Rolling Hills Oil & Gas, Inc, Mar 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2022Changed Mar 2026Breitburn Operating L.P.Jan 2020 to Jan 2021West Inland Energy, Inc.Feb 2021 to Jun 2022Bustamante Oil CompanyJul 2022 to Feb 2026Rolling Hills Oil & Gas, IncMar 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 08776 in district 7C. The API number is the state’s ID for a well.
Wells on PHILLIPS "4"
API numberWell no.Status
42-235-318077Shut-in

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 08776.

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

    Shell Trading (Us) Company gathers it.

    100% of it, on the list since Jun 1, 2026

Companies that used to be listed: Targa Midstream Services LLC (gathers it, until Jun 1, 2026); Targa Midstream Services LLC (buys it, until Jun 1, 2026); Bml, Inc. B (gathers it, until Jun 1, 2026); Plains Marketing, L.p. (gathers it, until Feb 1, 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

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
71 not plugged
Horizontal
0
First completion
Feb 1, 1981
Latest permit
Jul 27, 1981

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 Phillips "4"
API numberWell no.Acreson the permit
42-235-318077640
42-235-317226640
42-235-317065640
42-235-316713640
42-235-316724640
42-235-315932640
42-235-315821640

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 PHILLIPS "4" 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 PHILLIPS "4"
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Rolling Hills10$84.81$3.15
May 2026Rolling Hills10$102.13$2.94
Apr 2026Rolling Hills10$100.32$2.77
Mar 2026Rolling Hills90$91.38$3.04
Feb 2026Bustamante Oil100$64.51$3.62
Jan 2026Bustamante Oil100$60.04$7.72
Dec 2025Bustamante Oil00$57.97$4.26
Nov 2025Bustamante Oil00$60.06$3.79
Oct 2025Bustamante Oil00$60.89$3.19
Sep 2025Bustamante Oil00$63.96$2.97
Aug 2025Bustamante Oil00$64.86$2.91
Jul 2025Bustamante Oil00$68.39$3.20
Jun 2025Bustamante Oil00$68.17$3.02
May 2025Bustamante Oil00$62.17$3.12
Apr 2025Bustamante Oil00$63.54$3.42
Mar 2025Bustamante Oil00$68.24$4.12
Feb 2025Bustamante Oil00$71.53$4.19
Jan 2025Bustamante Oil00$75.74$4.13
Dec 2024Bustamante Oil00$70.12$3.01
Nov 2024Bustamante Oil00$69.95$2.12
Oct 2024Bustamante Oil70$71.99$2.20
Sep 2024Bustamante Oil70$70.24$2.28
Aug 2024Bustamante Oil60$76.68$1.99
Jul 2024Bustamante Oil00$81.80$2.07
Jun 2024Bustamante Oil10$79.77$2.54
May 2024Bustamante Oil30$80.02$2.12
Apr 2024Bustamante Oil10$85.35$1.60
Mar 2024Bustamante Oil40$81.28$1.49
Feb 2024Bustamante Oil50$77.25$1.72
Jan 2024Bustamante Oil60$74.15$3.18
Dec 2023Bustamante Oil60$71.90$2.52
Nov 2023Bustamante Oil60$77.69$2.71
Oct 2023Bustamante Oil80$85.64$2.98
Sep 2023Bustamante Oil350$89.43$2.64
Aug 2023Bustamante Oil300$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

OperatorRolling Hills Oil & Gas, IncFieldIrion, W. (Canyon)CountyIrion County

Rolling Hills Oil & Gas, Inc in Irion County

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

Irion, W. (Canyon) field

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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 Jun 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 08776, district 7C, 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.