Texas oil lease · RRC district 08 · Lease 20218
Shut inSALISBURY
Salisbury is an oil lease in Loving County, Texas, operated by M2 Squared Operating, LLC in the Wheat field.
Oil lease dossier · 1 well
- Operator
- M2 Squared Operating, LLC
- County
- Loving County
- Field
- Wheat
- RRC lease
- 08-20218
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Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting to the state
- since Jul 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
No production to chart
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
M2 Squared Operating, LLC has reported this lease for the whole period
No change of operator in the months we hold.
- M2 Squared Operating, LLC Jul 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-301-10324 | 1 | Shut-in | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 20218.
Who buys and gathers
Who moves and buys this lease's production
Oil
Bml, Inc. B, Ace Gathering, Inc. and Energy Transfer Marketing & Term gather it.
Bml, Inc. B gathers it: 34% of it, on the list since Nov 1, 2020 · Ace Gathering, Inc. gathers it: 33% of it, on the list since Nov 1, 2020 · Energy Transfer Marketing & Term gathers it: 33% of it, on the list since Dec 1, 2022
Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Nov 1, 2020); Dcp Operating Company, LP (gathers it, until Jun 19, 2020); Dcp Operating Company, LP (buys it, until Jun 19, 2020).
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
What the drilling permits say
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Aug 15, 1966
- Latest permit
- –
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-301-10324 | 1 | – | Aug 15, 1966 | – |
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 SALISBURY sold each month.
For example 0.00097656, or a fraction like 1/1024.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026M2 Squared | 0 | 0 | $80.46 | $2.89 |
| Jun 2026M2 Squared | 0 | 0 | $84.81 | $3.15 |
| May 2026M2 Squared | 0 | 0 | $102.13 | $2.94 |
| Apr 2026M2 Squared | 0 | 0 | $100.32 | $2.77 |
| Mar 2026M2 Squared | 0 | 0 | $91.38 | $3.04 |
| Feb 2026M2 Squared | 0 | 0 | $64.51 | $3.62 |
| Jan 2026M2 Squared | 0 | 0 | $60.04 | $7.72 |
| Dec 2025M2 Squared | 0 | 0 | $57.97 | $4.26 |
| Nov 2025M2 Squared | 0 | 0 | $60.06 | $3.79 |
| Oct 2025M2 Squared | 0 | 0 | $60.89 | $3.19 |
| Sep 2025M2 Squared | 0 | 0 | $63.96 | $2.97 |
| Aug 2025M2 Squared | 0 | 0 | $64.86 | $2.91 |
| Jul 2025M2 Squared | 0 | 0 | $68.39 | $3.20 |
| Jun 2025M2 Squared | 0 | 0 | $68.17 | $3.02 |
| May 2025M2 Squared | 0 | 0 | $62.17 | $3.12 |
| Apr 2025M2 Squared | 0 | 0 | $63.54 | $3.42 |
| Mar 2025M2 Squared | 0 | 0 | $68.24 | $4.12 |
| Feb 2025M2 Squared | 0 | 0 | $71.53 | $4.19 |
| Jan 2025M2 Squared | 0 | 0 | $75.74 | $4.13 |
| Dec 2024M2 Squared | 0 | 0 | $70.12 | $3.01 |
| Nov 2024M2 Squared | 0 | 0 | $69.95 | $2.12 |
| Oct 2024M2 Squared | 0 | 0 | $71.99 | $2.20 |
| Sep 2024M2 Squared | 0 | 0 | $70.24 | $2.28 |
| Aug 2024M2 Squared | 0 | 0 | $76.68 | $1.99 |
| Jul 2024M2 Squared | 0 | 0 | $81.80 | $2.07 |
| Jun 2024M2 Squared | 0 | 0 | $79.77 | $2.54 |
| May 2024M2 Squared | 0 | 0 | $80.02 | $2.12 |
| Apr 2024M2 Squared | 0 | 0 | $85.35 | $1.60 |
| Mar 2024M2 Squared | 0 | 0 | $81.28 | $1.49 |
| Feb 2024M2 Squared | 0 | 0 | $77.25 | $1.72 |
| Jan 2024M2 Squared | 0 | 0 | $74.15 | $3.18 |
| Dec 2023M2 Squared | 0 | 0 | $71.90 | $2.52 |
| Nov 2023M2 Squared | 0 | 0 | $77.69 | $2.71 |
| Oct 2023M2 Squared | 0 | 0 | $85.64 | $2.98 |
| Sep 2023M2 Squared | 0 | 0 | $89.43 | $2.64 |
| Aug 2023M2 Squared | 0 | 0 | $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).
Check your statements
Do your checks match this lease?
Upload your statements for SALISBURY. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask M2 Squared Operating, 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
M2 Squared Operating, LLC in Loving County
- WHEAT, J. J. -E-
44 bbl last 12 months
- ALLEN, J. G.
24 bbl last 12 months
Wheat field
- WHEAT, J. J. -A-
611 bbl last 12 months
- WHEAT, J. J. -E-
44 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- NEXUS 23
0 bbl last 12 months · 0.4 km away
- WHEAT, W. W.
0 bbl last 12 months · 0.4 km away
- MAGPIE UNIT
9,208 bbl last 12 months · 0.5 km away
- WHEAT, J. J.
0 bbl last 12 months · 0.6 km away
- WHEAT, JAMES J.
0 bbl last 12 months · 0.8 km away
Drilling permits within 10 km
WHITE OAK 53-2 E #4553H
new drill · horizontal · Pdeh LLC · Loving County · 3.5 km away
Permit 0918846 · Sep 25, 2026
WHITE OAK 53-2 I #4543H
new drill · horizontal · Pdeh LLC · Loving County · 3.5 km away
Permit 0918849 · Sep 25, 2026
WHITE OAK 53-2 G #4541H
new drill · horizontal · Pdeh LLC · Loving County · 3.2 km away
Permit 0918836 · Sep 24, 2026
WHITE OAK 53-2 J #4544H
new drill · horizontal · Pdeh LLC · Loving County · 3.5 km away
Permit 0918844 · Sep 24, 2026
WHITE OAK 53-2 H #4542H
new drill · horizontal · Pdeh LLC · Loving County · 3.2 km away
Permit 0918838 · Sep 24, 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 “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 20218, 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.