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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 40504

Producing

RICHARD

Richard is an oil lease in Ector County, Texas, operated by Scout Energy Management LLC in the Goldsmith (Clear Fork) field. The Railroad Commission shows 7,027 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 10 wells

7,027bbl oil, last 12 months−33% vs prior year
Operator
Scout Energy Management LLC
County
Ector County
Field
Goldsmith (Clear Fork)
RRC lease
08-40504

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County · RRC district 08Open Ector County →
Gas, last 12 months
74,251 mcf
Oil in Jul 2026
545 bbl
Reporting to the state
since Jan 2020
Wells
10

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 fell 33% over the last 12 months

7,027 bbl in the 12 months through Jul 2026, against 10,423 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for RICHARD, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,027 bbl in the 12 months through Jul 2026, against 10,423 bbl in the 12 months before.Last 12 months: 7,027 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for RICHARD, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,027 bbl in the 12 months through Jul 2026, against 10,423 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40504, district 08. 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.

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Oct 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of RICHARD gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of RICHARD gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40504, district 08. 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.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 14.0% of the gas was flared. 26 months went above 3%, which we mark in the ledger below.

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.

Scout Energy Management LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Jul 20262020202120222023202420252026Scout Energy Management LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Jul 20262020202120222023202420252026Scout Energy Management LLCJan 2020 to nowthrough Jul 2026

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

Wells

10 wells on this lease

Every well the Railroad Commission links to oil lease 40504 in district 08. The API number is the state’s ID for a well.
Wells on RICHARD
API numberWell no.Status
42-135-403441Active
42-135-406602Shut-in
42-135-406613Active
42-135-408484Shut-in
42-135-415407Shut-in
42-135-415416Active
42-135-416658Active
42-135-4204512Active
42-135-4208914Active
42-135-4309119Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40504.

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

    Plains Marketing, L.p. and Scout Energy Management LLC gather it.

    Plains Marketing, L.p. gathers it: 50% of it, on the list since Dec 1, 2013 · Scout Energy Management LLC gathers it: 50% of it, on the list since Apr 1, 2018

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017

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

320 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
1010 not plugged
Horizontal
0
First completion
Sep 16, 2010
Latest permit
Jun 9, 2014

10 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 Richard
API numberWell no.Acreson the permit
42-135-4309119320
42-135-4208914320
42-135-4204512320
42-135-416658320
42-135-415407320
42-135-415416320
42-135-408484320
42-135-406602320
42-135-406613320
42-135-403441320

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

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 RICHARD 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 “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RICHARD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Scout Energy5456125,3733,3582,009$80.46$2.89
Jun 2026Scout Energy5625625,5364,3281,208$84.81$3.15
May 2026Scout Energy5726116,5885,792796$102.13$2.94
Apr 2026Scout Energy5285757,1106,763347$100.32$2.77
Mar 2026Scout Energy7225727,0676,439628$91.38$3.04
Feb 2026Scout Energy6207066,3444,4071,637$64.51$3.62
Jan 2026Scout Energy5694646,0455,85087$60.04$7.72
Dec 2025Scout Energy5638025,7515,326425$57.97$4.26
Nov 2025Scout Energy5984096,7815,990791$60.06$3.79
Oct 2025Scout Energy8358101,61101,611$60.89$3.19
Sep 2025Scout Energy307,3127,22191$63.96$2.97
Aug 2025Scout Energy9109918,7337,970763$64.86$2.91
Jul 2025Scout Energy6796318,6585,5333,125$68.39$3.20
Jun 2025Scout Energy8139229,0248,0121,012$68.17$3.02
May 2025Scout Energy1,0139919,9064,7655,141$62.17$3.12
Apr 2025Scout Energy1,7951,8179,6348,5561,078$63.54$3.42
Mar 2025Scout Energy15009,5636,3082,931$68.24$4.12
Feb 2025Scout Energy9039978,1296,971906$71.53$4.19
Jan 2025Scout Energy9119039,4838,910201$75.74$4.13
Dec 2024Scout Energy8037319,1067,919839$70.12$3.01
Nov 2024Scout Energy8659178,3217,463858$69.95$2.12
Oct 2024Scout Energy1,1741,20810,1079,892215$71.99$2.20
Sep 2024Scout Energy1,2531,34510,4426,4224,020$70.24$2.28
Aug 2024Scout Energy6408,4544,6433,811$76.68$1.99
Jul 2024Scout Energy9747208,8358,313522$81.80$2.07
Jun 2024Scout Energy7507488,9558,302653$79.77$2.54
May 2024Scout Energy9109128,8618,707154$80.02$2.12
Apr 2024Scout Energy9871,2309,2919,2910$85.35$1.60
Mar 2024Scout Energy8436289,6529,376221$81.28$1.49
Feb 2024Scout Energy6306448,6258,20476$77.25$1.72
Jan 2024Scout Energy1,8781,88111,21010,727189$74.15$3.18
Dec 2023Scout Energy1,0301,09412,83512,401434$71.90$2.52
Nov 2023Scout Energy73685512,27011,652570$77.69$2.71
Oct 2023Scout Energy91585511,69011,429243$85.64$2.98
Sep 2023Scout Energy88781410,8605,1665,694$89.43$2.64
Aug 2023Scout Energy2,0722,01112,8067,3825,424$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

OperatorScout Energy Management LLCFieldGoldsmith (Clear Fork)CountyEctor County

Scout Energy Management LLC in Ector County

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Goldsmith (Clear Fork) field

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Leases within 10 km

Found by the location of their wells.

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 40504, district 08, 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.