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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 31440

Producing

PRATER

Prater is an oil lease in Jones County, Texas, operated by 5L Properties, Inc. in the Jones County Regular field. The Railroad Commission shows 862 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

862bbl oil, last 12 months+1% vs prior year
Operator
5L Properties, Inc.
County
Jones County
Field
Jones County Regular
RRC lease
7B-31440

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Where it sits

This county

Jones CountyJonesShackelfordFisherStonewallThrockmortonHaskellJones County
Jones County · RRC district 7BOpen Jones County →
Oil in Jul 2026
20 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 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 held steady over the last 12 months

862 bbl in the 12 months through Jul 2026, against 855 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production for PRATER, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 862 bbl in the 12 months through Jul 2026, against 855 bbl in the 12 months before.Last 12 months: 862 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for PRATER, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 862 bbl in the 12 months through Jul 2026, against 855 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 31440, 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.

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.

5L Properties, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over time5L Properties, Inc., Jan 2020 to Jul 202620202021202220232024202520265L Properties, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over time5L Properties, Inc., Jan 2020 to Jul 202620202021202220232024202520265L Properties, Inc.Jan 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 31440 in district 7B. The API number is the state’s ID for a well.
Wells on PRATER
API numberWell no.Status
42-253-353171Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 31440.

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 Trans Crude Marketing LLC and Energy Transfer Marketing & Term gather it.

    Energy Trans Crude Marketing LLC gathers it: 50% of it, on the list since Jul 1, 2021 · Energy Transfer Marketing & Term gathers it: 50% of it, on the list since Dec 1, 2022

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

540 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
May 23, 2013
Latest permit
Feb 28, 2013
Wells and acres on the permits for Prater
API numberWell no.Acreson the permit
42-253-353171540

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 PRATER 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.

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 PRATER
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 20265L Properties,20150$80.46$2.89
Jun 20265L Properties,145164$84.81$3.15
May 20265L Properties,420$102.13$2.94
Apr 20265L Properties,00$100.32$2.77
Mar 20265L Properties,81166$91.38$3.04
Feb 20265L Properties,800$64.51$3.62
Jan 20265L Properties,100$60.04$7.72
Dec 20255L Properties,128175$57.97$4.26
Nov 20255L Properties,1320$60.06$3.79
Oct 20255L Properties,164165$60.89$3.19
Sep 20255L Properties,180$63.96$2.97
Aug 20255L Properties,42180$64.86$2.91
Jul 20255L Properties,133177$68.39$3.20
Jun 20255L Properties,630$68.17$3.02
May 20255L Properties,40$62.17$3.12
Apr 20255L Properties,147153$63.54$3.42
Mar 20255L Properties,640$68.24$4.12
Feb 20255L Properties,00$71.53$4.19
Jan 20255L Properties,110170$75.74$4.13
Dec 20245L Properties,153154$70.12$3.01
Nov 20245L Properties,144174$69.95$2.12
Oct 20245L Properties,00$71.99$2.20
Sep 20245L Properties,240$70.24$2.28
Aug 20245L Properties,130$76.68$1.99
Jul 20245L Properties,370$81.80$2.07
Jun 20245L Properties,60161$79.77$2.54
May 20245L Properties,1400$80.02$2.12
Apr 20245L Properties,430$85.35$1.60
Mar 20245L Properties,73171$81.28$1.49
Feb 20245L Properties,97190$77.25$1.72
Jan 20245L Properties,570$74.15$3.18
Dec 20235L Properties,420$71.90$2.52
Nov 20235L Properties,125153$77.69$2.71
Oct 20235L Properties,1050$85.64$2.98
Sep 20235L Properties,53168$89.43$2.64
Aug 20235L Properties,1110$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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Upload your statements for PRATER. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask 5L Properties, Inc.

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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

Operator5L Properties, Inc.FieldJones County RegularCountyJones County

5L Properties, Inc. in Jones County

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Jones County Regular field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • CONNALLY

    0 bbl last 12 months · 0.2 km away

  • HP

    270 bbl last 12 months · 0.6 km away

  • TNT

    2,549 bbl last 12 months · 1 km away

  • NEATHERY UNIT

    9,130 bbl last 12 months · 3.5 km away

  • NELSON, HAROLD

    262 bbl last 12 months · 3.9 km away

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 31440, 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.