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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 28155

Producing

PROPST

Propst is an oil lease in Jones County, Texas, operated by Iron Bell Operating, LLC in the Truby (Strawn) field. The Railroad Commission shows 593 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

593bbl oil, last 12 months+8% vs prior year
Operator
Iron Bell Operating, LLC
County
Jones County
Field
Truby (Strawn)
RRC lease
7B-28155

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Where it sits

This county

Jones CountyJonesShackelfordFisherStonewallThrockmortonHaskellJones County
Jones County · RRC district 7BOpen Jones County →
Oil in Jul 2026
55 bbl
Reporting to the state
since Jan 2020
Wells
2
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 rose 8% over the last 12 months

593 bbl in the 12 months through Jul 2026, against 548 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 8% over the last 12 monthsMonthly oil production for PROPST, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 593 bbl in the 12 months through Jul 2026, against 548 bbl in the 12 months before.Last 12 months: 593 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 8% over the last 12 monthsMonthly oil production for PROPST, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 593 bbl in the 12 months through Jul 2026, against 548 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 28155, 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.

The operator changed 2 times, most recently in Jun 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 timeFoundation Energy Management LLC, Jan 2020 to Sep 2022; L.c.s. Production Company, Oct 2022 to May 2026; Iron Bell Operating, LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Oct 2022Changed Jun 2026Foundation Energy Management…Jan 2020 to Sep 2022L.c.s. Production CompanyOct 2022 to May 2026Iron Bell Operating, LLCJun 2026 to now
Operators of this lease over timeFoundation Energy Management LLC, Jan 2020 to Sep 2022; L.c.s. Production Company, Oct 2022 to May 2026; Iron Bell Operating, LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Oct 2022Changed Jun 2026Foundation Energy Management LLCJan 2020 to Sep 2022L.c.s. Production CompanyOct 2022 to May 2026Iron Bell Operating, LLCJun 2026 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 28155 in district 7B. The API number is the state’s ID for a well.
Wells on PROPST
API numberWell no.Status
42-253-343751Shut-in
42-253-344022Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 28155.

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

    Bml, Inc. B gathers it.

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

Companies that used to be listed: Energy Trans Crude Marketing LLC (gathers it, until Jun 1, 2026); Energy Transfer Company (gathers it, until Oct 1, 2022); Energy Transfer Company (buys it, until Oct 1, 2022); Energy Trans Crude Marketing LLC (gathers it, until Oct 1, 2022); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Oct 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

200 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
22 not plugged
Horizontal
0
First completion
Apr 15, 1997
Latest permit
Jun 20, 1997
Wells and acres on the permits for Propst
API numberWell no.Acreson the permit
42-253-344022200
42-253-343751200

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 PROPST 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 PROPST
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Iron Bell5592$80.46$2.89
Jun 2026Iron Bell480$84.81$3.15
May 2026L.c.s. Production52157$102.13$2.94
Apr 2026L.c.s. Production520$100.32$2.77
Mar 2026L.c.s. Production500$91.38$3.04
Feb 2026L.c.s. Production52147$64.51$3.62
Jan 2026L.c.s. Production470$60.04$7.72
Dec 2025L.c.s. Production500$57.97$4.26
Nov 2025L.c.s. Production470$60.06$3.79
Oct 2025L.c.s. Production45155$60.89$3.19
Sep 2025L.c.s. Production450$63.96$2.97
Aug 2025L.c.s. Production500$64.86$2.91
Jul 2025L.c.s. Production41150$68.39$3.20
Jun 2025L.c.s. Production470$68.17$3.02
May 2025L.c.s. Production520$62.17$3.12
Apr 2025L.c.s. Production55178$63.54$3.42
Mar 2025L.c.s. Production450$68.24$4.12
Feb 2025L.c.s. Production420$71.53$4.19
Jan 2025L.c.s. Production480$75.74$4.13
Dec 2024L.c.s. Production48183$70.12$3.01
Nov 2024L.c.s. Production400$69.95$2.12
Oct 2024L.c.s. Production470$71.99$2.20
Sep 2024L.c.s. Production430$70.24$2.28
Aug 2024L.c.s. Production40182$76.68$1.99
Jul 2024L.c.s. Production400$81.80$2.07
Jun 2024L.c.s. Production480$79.77$2.54
May 2024L.c.s. Production400$80.02$2.12
Apr 2024L.c.s. Production37184$85.35$1.60
Mar 2024L.c.s. Production420$81.28$1.49
Feb 2024L.c.s. Production410$77.25$1.72
Jan 2024L.c.s. Production400$74.15$3.18
Dec 2023L.c.s. Production440$71.90$2.52
Nov 2023L.c.s. Production38157$77.69$2.71
Oct 2023L.c.s. Production370$85.64$2.98
Sep 2023L.c.s. Production400$89.43$2.64
Aug 2023L.c.s. Production420$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

OperatorIron Bell Operating, LLCFieldTruby (Strawn)CountyJones County

Iron Bell Operating, LLC in Jones County

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

Truby (Strawn) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • REEVES

    0 bbl last 12 months · 0.6 km away

  • REEVES

    0 bbl last 12 months · 0.9 km away

  • PROPST

    0 bbl last 12 months · 0.9 km away

  • POLLY AMASON

    113 bbl last 12 months · 1 km away

  • REEVES

    15 bbl last 12 months · 1.2 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 28155, 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.