Texas oil lease
Shut inPRINCE & NORMAN
Prince & Norman is an oil lease in Franklin County, Texas, operated by IV Standard, LLC in the Talco field.
6 wells
- Operator
- IV Standard, LLC
- County
- Franklin County
- Field
- Talco
- RRC lease
- 06-01737
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Operator
Operator changed: IV Standard, LLC took over from Arcadia Operating, LLC in Jan 2026.
- Sales
No sales reported for the last 3 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output rose 20% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in Jan 2026
- IV Standard, LLC Jan 2026 to now
- Arcadia Operating, LLC Jan 2020 to Dec 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
6 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-159-00202 | 1 | Active |
| 42-159-00203 | 2 | Active |
| 42-159-00204 | 3 | Shut-in |
| 42-159-00205 | 4 | Active |
| 42-159-00207 | 6 | Active |
| 42-159-30614 | 8 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company, LLC | Oil | Gathers | 100 | Jan 1, 2023 | – |
| Eastex Crude Company | Oil | Gathers | 100 | Jun 1, 2018 | Jan 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
135.59 acres on the newest permit
- Good to know
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-159-30614 | 8 | Mar 21, 2014 | May 9, 2014 | 135.59 |
| 42-159-00202 | 1 | – | Sep 6, 1985 | – |
| 42-159-00203 | 2 | – | Sep 2, 1988 | – |
| 42-159-00204 | 3 | – | Jan 12, 1984 | – |
| 42-159-00205 | 4 | – | Jan 1, 1996 | – |
| 42-159-00206 | 5 | – | May 24, 1977 | – |
| 42-159-00207 | 6 | – | Jan 12, 1984 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026IV Standard, | 0 | 0 | $80.46 | $2.89 |
| Jun 2026IV Standard, | 0 | 0 | $84.81 | $3.15 |
| May 2026IV Standard, | 0 | 0 | $102.13 | $2.94 |
| Apr 2026IV Standard, | 33 | 139 | $100.32 | $2.77 |
| Mar 2026IV Standard, | 216 | 149 | $91.38 | $3.04 |
| Feb 2026IV Standard, | 209 | 150 | $64.51 | $3.62 |
| Jan 2026IV Standard, | 156 | 302 | $60.04 | $7.72 |
| Dec 2025Arcadia Operating, | 189 | 149 | $57.97 | $4.26 |
| Nov 2025Arcadia Operating, | 205 | 145 | $60.06 | $3.79 |
| Oct 2025Arcadia Operating, | 227 | 294 | $60.89 | $3.19 |
| Sep 2025Arcadia Operating, | 225 | 148 | $63.96 | $2.97 |
| Aug 2025Arcadia Operating, | 215 | 299 | $64.86 | $2.91 |
| Jul 2025Arcadia Operating, | 220 | 149 | $68.39 | $3.20 |
| Jun 2025Arcadia Operating, | 211 | 295 | $68.17 | $3.02 |
| May 2025Arcadia Operating, | 240 | 146 | $62.17 | $3.12 |
| Apr 2025Arcadia Operating, | 229 | 293 | $63.54 | $3.42 |
| Mar 2025Arcadia Operating, | 403 | 304 | $68.24 | $4.12 |
| Feb 2025Arcadia Operating, | 7 | 0 | $71.53 | $4.19 |
| Jan 2025Arcadia Operating, | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Arcadia Operating, | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Arcadia Operating, | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Arcadia Operating, | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Arcadia Operating, | 27 | 126 | $70.24 | $2.28 |
| Aug 2024Arcadia Operating, | 64 | 0 | $76.68 | $1.99 |
| Jul 2024Arcadia Operating, | 100 | 151 | $81.80 | $2.07 |
| Jun 2024Arcadia Operating, | 182 | 153 | $79.77 | $2.54 |
| May 2024Arcadia Operating, | 133 | 148 | $80.02 | $2.12 |
| Apr 2024Arcadia Operating, | 210 | 151 | $85.35 | $1.60 |
| Mar 2024Arcadia Operating, | 216 | 300 | $81.28 | $1.49 |
| Feb 2024Arcadia Operating, | 186 | 156 | $77.25 | $1.72 |
| Jan 2024Arcadia Operating, | 200 | 148 | $74.15 | $3.18 |
| Dec 2023Arcadia Operating, | 180 | 298 | $71.90 | $2.52 |
| Nov 2023Arcadia Operating, | 220 | 156 | $77.69 | $2.71 |
| Oct 2023Arcadia Operating, | 204 | 153 | $85.64 | $2.98 |
| Sep 2023Arcadia Operating, | 211 | 302 | $89.43 | $2.64 |
| Aug 2023Arcadia Operating, | 196 | 151 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
IV Standard, LLC in Franklin County
No other producing leases from this operator in this county are in our data yet.
Talco field
- TALCO CENTRAL EAST UNIT
40,138 bbl
- TALCO CENTRAL WEST UNIT
27,491 bbl
- COKER, M. D.
13,989 bbl
- HARPER, R. H. & L.
12,941 bbl
- FLANAGAN, A. V.
9,324 bbl
- HUMBLE CAMP "A"
5,415 bbl
- COKER-MORRIS
4,688 bbl
- WILSON, L. H.
2,620 bbl
- FORD, W.A.
1,547 bbl
- HARGROVE FEE
1,434 bbl
Leases within 10 km
- TALCO WEST UNIT
175,436 bbl · 0.2 km
- HAGANSPORT UNIT
0 bbl · 3.9 km
- TALCO CENTRAL WEST UNIT
27,491 bbl · 4.5 km
- JACKSON,W.H.
0 bbl · 4.9 km
- HARPER, R. H. & L.
12,941 bbl · 5 km
- COKER, M. D.
13,989 bbl · 5.5 km
- COKER-MORRIS
4,688 bbl · 6.1 km
- HANKS,O.M.
0 bbl · 6.5 km
- TALCO CENTRAL EAST UNIT
40,138 bbl · 6.9 km
- CARR, C. M.
208 bbl · 7.8 km
Drilling permits within 10 km
AM-73 #1
new drill · Energy Transfer Company · Franklin County · 0.1 km
Permit 0909936 · Aug 29, 2025