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Texas oil lease · RRC district 10 · Lease 00240

Producing

SHIELDS -B-

Shields -B- is an oil lease in Gray County, Texas, operated by Petco Energy Corporation in the Panhandle Gray County Field field. The Railroad Commission shows 169 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

169bbl oil, last 12 months+2% vs prior year
RRC lease
10-00240

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County · RRC district 10Open Gray County →
Oil in Jul 2026
21 bbl
Reporting to the state
since Jan 2020
Wells
1
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

169 bbl in the 12 months through Jul 2026, against 165 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 SHIELDS -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 169 bbl in the 12 months through Jul 2026, against 165 bbl in the 12 months before.Last 12 months: 169 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for SHIELDS -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 169 bbl in the 12 months through Jul 2026, against 165 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 00240, district 10. 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 once, most recently in Sep 2020

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 timePetco Petroleum Corp., Jan 2020 to Aug 2020; Petco Energy Corporation, Sep 2020 to Jul 20262020202120222023202420252026Changed Sep 2020Petco Petroleum Corp.Jan 2020 to Aug 2020Petco Energy CorporationSep 2020 to now
Operators of this lease over timePetco Petroleum Corp., Jan 2020 to Aug 2020; Petco Energy Corporation, Sep 2020 to Jul 20262020202120222023202420252026Changed Sep 2020Petco Petroleum Corp.Jan 2020 to Aug 2020Petco Energy CorporationSep 2020 to now

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 00240 in district 10. The API number is the state’s ID for a well.
Wells on SHIELDS -B-
API numberWell no.Status
42-179-812905Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 00240.

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

    Cp Energy, L.l.c. gathers it.

    100% of it, on the list since May 1, 2025

Companies that used to be listed: Energy Transfer Marketing & Term (gathers it, until May 1, 2025); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022).

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

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
11 not plugged
Horizontal
0
First completion
Jan 12, 1984
Latest permit
–
Wells and acres on the permits for Shields -B-
API numberWell no.Acreson the permit
42-179-812905–

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.

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 SHIELDS -B- 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 SHIELDS -B-
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Petco Energy2121$80.46$2.89
Jun 2026Petco Energy77$84.81$3.15
May 2026Petco Energy1414$102.13$2.94
Apr 2026Petco Energy2121$100.32$2.77
Mar 2026Petco Energy2121$91.38$3.04
Feb 2026Petco Energy1414$64.51$3.62
Jan 2026Petco Energy207$60.04$7.72
Dec 2025Petco Energy167$57.97$4.26
Nov 2025Petco Energy00$60.06$3.79
Oct 2025Petco Energy77$60.89$3.19
Sep 2025Petco Energy77$63.96$2.97
Aug 2025Petco Energy2121$64.86$2.91
Jul 2025Petco Energy1414$68.39$3.20
Jun 2025Petco Energy2121$68.17$3.02
May 2025Petco Energy1414$62.17$3.12
Apr 2025Petco Energy2222$63.54$3.42
Mar 2025Petco Energy87$68.24$4.12
Feb 2025Petco Energy1120$71.53$4.19
Jan 2025Petco Energy2121$75.74$4.13
Dec 2024Petco Energy77$70.12$3.01
Nov 2024Petco Energy2121$69.95$2.12
Oct 2024Petco Energy77$71.99$2.20
Sep 2024Petco Energy66$70.24$2.28
Aug 2024Petco Energy1313$76.68$1.99
Jul 2024Petco Energy1414$81.80$2.07
Jun 2024Petco Energy2727$79.77$2.54
May 2024Petco Energy66$80.02$2.12
Apr 2024Petco Energy1414$85.35$1.60
Mar 2024Petco Energy2121$81.28$1.49
Feb 2024Petco Energy2121$77.25$1.72
Jan 2024Petco Energy20$74.15$3.18
Dec 2023Petco Energy22$71.90$2.52
Nov 2023Petco Energy522$77.69$2.71
Oct 2023Petco Energy67$85.64$2.98
Sep 2023Petco Energy222$89.43$2.64
Aug 2023Petco Energy621$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 SHIELDS -B-. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Petco Energy Corporation.

  • 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

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Everything on this page connects to the operator, field and county records. Start from any of them.

Petco Energy Corporation in Gray County

All Petco Energy Corporation leases →

Panhandle Gray County Field field

All leases in this field →

New drilling permits in Gray 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 “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 00240, district 10, 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.