Texas gas well · RRC district 02 · Lease 299379
No report in 6+ monthsRTC
RTC is a gas well in Bee County, Texas, operated by Paleo Oil Company LLC in the Pawnee (Slick) field. The Railroad Commission shows 59,972 mcf of gas in the 12 months through Aug 2025.
Gas well dossier
- Operator
- Paleo Oil Company LLC
- County
- Bee County
- Field
- Pawnee (Slick)
- RRC lease
- 02-299379
Own a share of this lease?
Is your check right?
Upload a check stub or a phone photo. We compare every month with the state numbers on this page.
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Where it sits
This county
- Oil, last 12 months
- 736 bbl
- Gas in Aug 2025
- 0 mcf
- Reporting to the state
- since Mar 2024
- Data through
- Aug 2025
Production
Month by month, from the state record
Gas output fell 100% since Mar 2024
Monthly average of 0 mcf in the latest 3 months, against 717 mcf in the first 3.
- Gas (bars, left axis)
- Oil (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, gas well 299379, district 02. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since Jul 2024 the lease's gas goes to a transmission line instead of lease fuel
Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.
- Transmission line (2)
- Lease fuel (1)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 299379, district 02. 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 8 months reported.
Operator history
Who has run this lease
Paleo Oil Company LLC has reported this lease for the whole period
No change of operator in the months we hold.
- Paleo Oil Company LLC Mar 2024 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
Wells on this lease
No wells are linked to this lease in our data
Who buys and gathers
Who moves and buys this lease's production
Gas from gas wells
Paleo Midstream LLC buys and gathers it.
Paleo Midstream LLC buys it: 100% of it, on the list since Mar 20, 2024 · Paleo Midstream LLC gathers it: 100% of it, on the list since Mar 20, 2024
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.
Unit and wells
146 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Mar 20, 2024
- Latest permit
- Feb 2, 2024
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-025-34025 | 2 | Feb 2, 2024 | Mar 20, 2024 | 146 |
Estimator
Estimate your royalty for this lease
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 RTC 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
An estimate, not your check
Ledger
18 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Aug 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Paleo Oil | 31 | 0 | 9,572 | 9,572 | 0 | $71.53 | $4.19 |
| Jan 2025Paleo Oil | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Paleo Oil | 65 | 196 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Paleo Oil | 180 | 192 | 14,941 | 14,941 | 0 | $69.95 | $2.12 |
| Oct 2024Paleo Oil | 215 | 184 | 18,704 | 18,704 | 0 | $71.99 | $2.20 |
| Sep 2024Paleo Oil | 245 | 196 | 16,755 | 16,755 | 0 | $70.24 | $2.28 |
| Aug 2024Paleo Oil | 7 | 0 | 744 | 744 | 0 | $76.68 | $1.99 |
| Jul 2024Paleo Oil | 60 | 0 | 609 | 609 | 0 | $81.80 | $2.07 |
| Jun 2024Paleo Oil | 0 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Paleo Oil | 0 | 0 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Paleo Oil | 270 | 371 | 950 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Paleo Oil | 310 | 197 | 1,200 | 0 | 0 | $81.28 | $1.49 |
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).
Check your statements
Do your checks match this lease?
Upload your statements for RTC. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Paleo Oil Company LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Paleo Oil Company LLC in Bee County
- RTC
28,047 bbl last 12 months
- RTC
22,140 bbl last 12 months
- O'NEIL-DOBBS
1,692 bbl last 12 months
- NPU (RAY 110)
36,736 mcf last 12 months
- B. U. MAGNOLIA-INGRAM
25,258 mcf last 12 months
New drilling permits in Bee County
We do not have coordinates for this lease, so these are the newest permits in its county.
BRINKOETER #1
new drill · Everest Resource Company · Bee County
Permit 0917268 · Jul 22, 2026
TAYLOR RANCH #1
new drill · Paloma Operating, LLC · Bee County
Permit 0915787 · May 22, 2026
TEAL #1
new drill · Suemaur Operating LLC · Bee County
Permit 0915106 · Apr 27, 2026
MIA #1
new drill · Paloma Operating, LLC · Bee County
Permit 0914613 · Apr 8, 2026
SOUTH TEXAS CHILDREN'S HOME #1T
recompletion · Royal Production Company, Inc. · Bee County
Permit 0914219 · Mar 20, 2026
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 2025?
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, gas well 299379, district 02, 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.