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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 31197

No report in 6+ months

RHOADS

Rhoads is an oil lease in Wise County, Texas, operated by Eagleridge Operating, LLC in the Newark, East (Barnett Shale) field. The Railroad Commission shows 12,694 mcf of gas in the 12 months through Aug 2024.

Gas well dossier · 1 well

12,694mcf gas, last 12 months−61% vs prior year
Operator
Eagleridge Operating, LLC
County
Wise County
Field
Newark, East (Barnett Shale)
RRC lease
09-31197

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County · RRC district 09Open Wise County →
Gas in Aug 2024
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Aug 2024

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).

Gas output fell 61% over the last 12 months

12,694 mcf in the 12 months through Aug 2024, against 32,150 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output fell 61% over the last 12 monthsMonthly gas production and oil for RHOADS, Sep 2021 to Aug 2024. Gas output fell 61% over the last 12 months. 12,694 mcf in the 12 months through Aug 2024, against 32,150 mcf in the 12 months before.Last 12 months: 12,694 mcfmcf per monthbbl per month001,000102,000203,000304,000405,00050Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
Gas output fell 61% over the last 12 monthsMonthly gas production and oil for RHOADS, Sep 2021 to Aug 2024. Gas output fell 61% over the last 12 months. 12,694 mcf in the 12 months through Aug 2024, against 32,150 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000102,000203,000304,000405,00050Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, oil lease 31197, district 09. 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.

91% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
91% of the gas went to a transmission line in the last 12 monthsShare of RHOADS gas by disposition code each month, Sep 2021 to Aug 2024. 91% of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of RHOADS gas by disposition code each month, Sep 2021 to Aug 2024. 91% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 31197, district 09. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

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.

Eagleridge Operating, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeEagleridge Operating, LLC, Jan 2020 to Aug 202420202021202220232024Eagleridge Operating, LLCJan 2020 to nowthrough Aug 2024
Operators of this lease over timeEagleridge Operating, LLC, Jan 2020 to Aug 202420202021202220232024Eagleridge Operating, LLCJan 2020 to nowthrough Aug 2024

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 31197 in district 09. The API number is the state’s ID for a well.
Wells on RHOADS
API numberWell no.Status
42-497-361991HActive

SourceTexas Railroad Commission Wellbore Query, district 09, lease 31197.

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

    Ptt Premier Trading and Tran LLC gathers it.

    100% of it, on the list since Nov 1, 2023

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Nov 1, 2023 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Oct 1, 2011

Companies that used to be listed: Targa Midstream Services LLC (buys it, until Nov 1, 2023); Gulfmark Energy, Inc. (gathers it, until Nov 1, 2023).

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

284.95 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
2
First completion
Aug 8, 2007
Latest permit
Nov 7, 2013
Wells and acres on the permits for Rhoads
API numberWell no.Acreson the permit
42-497-361991284.95
42-497-361991H284.95

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.

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Estimator

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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 RHOADS 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.

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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. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RHOADS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Aug 2024Eagleridge Operating,00000$76.68$1.99
Jul 2024Eagleridge Operating,0117000$81.80$2.07
Jun 2024Eagleridge Operating,00000$79.77$2.54
May 2024Eagleridge Operating,00000$80.02$2.12
Apr 2024Eagleridge Operating,00000$85.35$1.60
Mar 2024Eagleridge Operating,00000$81.28$1.49
Feb 2024Eagleridge Operating,00000$77.25$1.72
Jan 2024Eagleridge Operating,002,5002,2670$74.15$3.18
Dec 2023Eagleridge Operating,002,3652,1290$71.90$2.52
Nov 2023Eagleridge Operating,002,4202,1920$77.69$2.71
Oct 2023Eagleridge Operating,002,6972,4660$85.64$2.98
Sep 2023Eagleridge Operating,01162,7122,4840$89.43$2.64
Aug 2023Eagleridge Operating,002,6732,4380$81.39$2.58
Jul 2023Eagleridge Operating,002,5982,3630$76.07$2.55
Jun 2023Eagleridge Operating,002,8312,6030$70.25$2.18
May 2023Eagleridge Operating,002,5982,3620$71.58$2.15
Apr 2023Eagleridge Operating,002,5972,3690$79.45$2.16
Mar 2023Eagleridge Operating,002,7322,4960$73.28$2.31
Feb 2023Eagleridge Operating,002,3542,1610$76.83$2.38
Jan 2023Eagleridge Operating,002,6382,4170$78.12$3.27
Dec 2022Eagleridge Operating,002,6872,4620$76.44$5.53
Nov 2022Eagleridge Operating,002,6562,4280$84.37$5.45
Oct 2022Eagleridge Operating,002,7832,5470$87.55$5.66
Sep 2022Eagleridge Operating,003,0032,5710$84.26$7.88
Aug 2022Eagleridge Operating,003,4922,3130$93.67$8.81
Jul 2022Eagleridge Operating,003,2822,1610$101.62$7.28
Jun 2022Eagleridge Operating,003,2212,1390$114.84$7.70
May 2022Eagleridge Operating,003,5412,2740$109.55$8.14
Apr 2022Eagleridge Operating,2503,6702,4340$101.78$6.60
Mar 2022Eagleridge Operating,4004,0302,7530$108.50$4.90
Feb 2022Eagleridge Operating,703,1982,0440$91.64$4.69
Jan 2022Eagleridge Operating,703,4412,1720$83.22$4.38
Dec 2021Eagleridge Operating,803,4072,1320$71.71$3.76
Nov 2021Eagleridge Operating,603,2962,0650$79.15$5.05
Oct 2021Eagleridge Operating,503,3962,1210$81.48$5.51
Sep 2021Eagleridge Operating,003,3072,0730$71.65$5.16

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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This lease belongs to

OperatorEagleridge Operating, LLCFieldNewark, East (Barnett Shale)CountyWise County

Eagleridge Operating, LLC in Wise County

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Newark, East (Barnett Shale) field

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Leases within 10 km

Found by the location of their wells.

New drilling permits in Wise County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Aug 2024?

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 31197, district 09, 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.