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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 26865

Producing

SMARTT

Smartt is an oil lease in Newton County, Texas, operated by Will-Drill Production Co., Inc. in the Quicksand Creek (Wilcox 10,500) field. The Railroad Commission shows 5,817 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

5,817bbl oil, last 12 months−25% vs prior year
Operator
Will-Drill Production Co., Inc.
County
Newton County
Field
Quicksand Creek (Wilcox 10,500)
RRC lease
03-26865

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Where it sits

This county

Newton CountyNewtonSan AugustineJasperSabineTylerNewton County
Newton County · RRC district 03Open Newton County →
Oil in Jul 2026
659 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 fell 25% over the last 12 months

5,817 bbl in the 12 months through Jul 2026, against 7,787 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production for SMARTT, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 5,817 bbl in the 12 months through Jul 2026, against 7,787 bbl in the 12 months before.Last 12 months: 5,817 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production for SMARTT, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 5,817 bbl in the 12 months through Jul 2026, against 7,787 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 26865, district 03. 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.

Will-Drill Production Co., Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeWill-Drill Production Co., Inc., Jan 2020 to Jul 20262020202120222023202420252026Will-Drill Production Co., In…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeWill-Drill Production Co., Inc., Jan 2020 to Jul 20262020202120222023202420252026Will-Drill Production Co., Inc.Jan 2020 to nowthrough Jul 2026

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 26865 in district 03. The API number is the state’s ID for a well.
Wells on SMARTT
API numberWell no.Status
42-351-308821Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 26865.

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

    Phillips 66 Company gathers it.

    100% of it, on the list since Dec 31, 2013

  • Gas from oil wells

    Enerfin Field Services LLC buys and gathers it.

    Enerfin Field Services LLC buys it: 100% of it, on the list since Apr 21, 2013 · Enerfin Field Services LLC gathers it: 100% of it, on the list since Dec 31, 2013

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

171 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
11 not plugged
Horizontal
0
First completion
Apr 21, 2013
Latest permit
Sep 12, 2012
Wells and acres on the permits for Smartt
API numberWell no.Acreson the permit
42-351-308821171

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 SMARTT 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 SMARTT
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Will-Drill Production659728$80.46$2.89
Jun 2026Will-Drill Production386358$84.81$3.15
May 2026Will-Drill Production621743$102.13$2.94
Apr 2026Will-Drill Production517365$100.32$2.77
Mar 2026Will-Drill Production562707$91.38$3.04
Feb 2026Will-Drill Production366350$64.51$3.62
Jan 2026Will-Drill Production412370$60.04$7.72
Dec 2025Will-Drill Production439367$57.97$4.26
Nov 2025Will-Drill Production444533$60.06$3.79
Oct 2025Will-Drill Production449368$60.89$3.19
Sep 2025Will-Drill Production390517$63.96$2.97
Aug 2025Will-Drill Production572526$64.86$2.91
Jul 2025Will-Drill Production585538$68.39$3.20
Jun 2025Will-Drill Production569701$68.17$3.02
May 2025Will-Drill Production517361$62.17$3.12
Apr 2025Will-Drill Production599569$63.54$3.42
Mar 2025Will-Drill Production669947$68.24$4.12
Feb 2025Will-Drill Production720426$71.53$4.19
Jan 2025Will-Drill Production554782$75.74$4.13
Dec 2024Will-Drill Production660417$70.12$3.01
Nov 2024Will-Drill Production654772$69.95$2.12
Oct 2024Will-Drill Production656554$71.99$2.20
Sep 2024Will-Drill Production679751$70.24$2.28
Aug 2024Will-Drill Production925927$76.68$1.99
Jul 2024Will-Drill Production661612$81.80$2.07
Jun 2024Will-Drill Production781791$79.77$2.54
May 2024Will-Drill Production690796$80.02$2.12
Apr 2024Will-Drill Production878938$85.35$1.60
Mar 2024Will-Drill Production564545$81.28$1.49
Feb 2024Will-Drill Production239136$77.25$1.72
Jan 2024Will-Drill Production559726$74.15$3.18
Dec 2023Will-Drill Production475409$71.90$2.52
Nov 2023Will-Drill Production474642$77.69$2.71
Oct 2023Will-Drill Production231259$85.64$2.98
Sep 2023Will-Drill Production4680$89.43$2.64
Aug 2023Will-Drill Production575746$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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Upload your statements for SMARTT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Will-Drill Production Co., Inc.

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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

OperatorWill-Drill Production Co., Inc.FieldQuicksand Creek (Wilcox 10,500)CountyNewton County

Will-Drill Production Co., Inc. in Newton County

No other producing leases from this operator in this county are in our data yet.

Quicksand Creek (Wilcox 10,500) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Found by the location of their wells.

New drilling permits in Newton 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 26865, district 03, 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.