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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 41060

Producing

SETTLES -D-

Settles -D- is an oil lease in Howard County, Texas, operated by Basa Resources, Inc. in the Howard Glasscock (Consolidated) field. The Railroad Commission shows 7,470 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 13 wells

7,470bbl oil, last 12 months−1% vs prior year
Operator
Basa Resources, Inc.
County
Howard County
Field
Howard Glasscock (Consolidated)
RRC lease
08-41060

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Oil in Jul 2026
723 bbl
Reporting to the state
since Jan 2020
Wells
13
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 held steady over the last 12 months

7,470 bbl in the 12 months through Jul 2026, against 7,561 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production for SETTLES -D-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 7,470 bbl in the 12 months through Jul 2026, against 7,561 bbl in the 12 months before.Last 12 months: 7,470 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for SETTLES -D-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 7,470 bbl in the 12 months through Jul 2026, against 7,561 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 41060, 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.

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 May 2022

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 timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Apr 2022; Basa Resources, Inc., May 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2022Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Apr 2022Basa Resources, Inc.May 2022 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Apr 2022; Basa Resources, Inc., May 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2022Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Apr 2022Basa Resources, Inc.May 2022 to now

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

Wells

13 wells on this lease

Every well the Railroad Commission links to oil lease 41060 in district 08. The API number is the state’s ID for a well.
Wells on SETTLES -D-
API numberWell no.Status
42-227-000701SActive
42-227-000732SShut-in
42-227-000773 SActive
42-227-015424Shut-in
42-227-015435Shut-in
42-227-015456SQShut-in
42-227-042432Shut-in
42-227-043681Shut-in
42-227-3216010Shut-in
42-227-3326111Shut-in
42-227-3337313Shut-in
42-227-3514415LActive
42-227-3514516UShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 41060.

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

    Endeavor Crude, LLC gathers it.

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

Companies that used to be listed: Hollyfrontier Ref & Mktg LLC (gathers it, until Jul 1, 2023); Lion Oil Trading & Trans, LLC (gathers it, until Jul 1, 2023); Hollyfrontier Ref & Mktg LLC (gathers it, until May 1, 2020); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until May 1, 2020); Hollyfrontier Ref & Mktg LLC (gathers it, until Apr 1, 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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

50 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
1511 not plugged
Horizontal
0
First completion
May 14, 1945
Latest permit
Jun 17, 1997

15 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 Settles -D-
API numberWell no.Acreson the permit
42-227-000701S50
42-227-000732S50
42-227-01542450
42-227-01543550
42-227-3514415L50
42-227-3514415U50
42-227-3514516L50
42-227-3514516U50
42-227-04243250
42-227-333731350
42-227-332611150
42-227-015456SQ50

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 SETTLES -D- 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 SETTLES -D-
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Basa Resources,723927$80.46$2.89
Jun 2026Basa Resources,697515$84.81$3.15
May 2026Basa Resources,695724$102.13$2.94
Apr 2026Basa Resources,686611$100.32$2.77
Mar 2026Basa Resources,405535$91.38$3.04
Feb 2026Basa Resources,493485$64.51$3.62
Jan 2026Basa Resources,599534$60.04$7.72
Dec 2025Basa Resources,635665$57.97$4.26
Nov 2025Basa Resources,607516$60.06$3.79
Oct 2025Basa Resources,660788$60.89$3.19
Sep 2025Basa Resources,635651$63.96$2.97
Aug 2025Basa Resources,635528$64.86$2.91
Jul 2025Basa Resources,630657$68.39$3.20
Jun 2025Basa Resources,638648$68.17$3.02
May 2025Basa Resources,641770$62.17$3.12
Apr 2025Basa Resources,672614$63.54$3.42
Mar 2025Basa Resources,680691$68.24$4.12
Feb 2025Basa Resources,604599$71.53$4.19
Jan 2025Basa Resources,593479$75.74$4.13
Dec 2024Basa Resources,663667$70.12$3.01
Nov 2024Basa Resources,643662$69.95$2.12
Oct 2024Basa Resources,601685$71.99$2.20
Sep 2024Basa Resources,573563$70.24$2.28
Aug 2024Basa Resources,623568$76.68$1.99
Jul 2024Basa Resources,674683$81.80$2.07
Jun 2024Basa Resources,666722$79.77$2.54
May 2024Basa Resources,755748$80.02$2.12
Apr 2024Basa Resources,447489$85.35$1.60
Mar 2024Basa Resources,662594$81.28$1.49
Feb 2024Basa Resources,630617$77.25$1.72
Jan 2024Basa Resources,696800$74.15$3.18
Dec 2023Basa Resources,868744$71.90$2.52
Nov 2023Basa Resources,860955$77.69$2.71
Oct 2023Basa Resources,834721$85.64$2.98
Sep 2023Basa Resources,675874$89.43$2.64
Aug 2023Basa Resources,485326$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

OperatorBasa Resources, Inc.FieldHoward Glasscock (Consolidated)CountyHoward County

Basa Resources, Inc. in Howard County

All Basa Resources, Inc. leases →

Howard Glasscock (Consolidated) 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 41060, 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.