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Royalty Clerk

Texas oil lease · RRC district 01 · Lease 15173

Producing

SMITH B UNIT

Smith B Unit is an oil lease in Caldwell County, Texas, operated by Texian Operating Company, LLC in the Salt Flat (Edwards) field. The Railroad Commission shows 4,042 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 6 wells

4,042bbl oil, last 12 months−51% vs prior year
Operator
Texian Operating Company, LLC
County
Caldwell County
Field
Salt Flat (Edwards)
RRC lease
01-15173

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Where it sits

This county

Caldwell CountyCaldwellComalGonzalesFayetteTravisBastropLeeHaysGuadalupeCaldwell County
Caldwell County · RRC district 01Open Caldwell County →
Oil in Jun 2026
294 bbl
Reporting to the state
since Jan 2020
Wells
6
Data through
Jun 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 51% over the last 12 months

3,470 bbl in the 12 months through Jul 2026, against 7,018 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production for SMITH B UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 3,470 bbl in the 12 months through Jul 2026, against 7,018 bbl in the 12 months before.Last 12 months: 3,470 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production for SMITH B UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 3,470 bbl in the 12 months through Jul 2026, against 7,018 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 15173, district 01. 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 3 times, most recently in Aug 2023

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 timeNorth South Oil, LLC, Jan 2020 to May 2020; Costa Energy, LLC, Jun 2020 to Oct 2022; Team Operating, L.L.C., Nov 2022 to Jul 2023; Texian Operating Company, LLC, Aug 2023 to Jun 20262020202120222023202420252026Changed Jun 2020Changed Nov 2022Changed Aug 2023North South Oil, LLCJan 2020 to May 2020Costa Energy, LLCJun 2020 to Oct 2022Team Operating, L.L.C.Nov 2022 to Jul 2023Texian Operating Company, LLCAug 2023 to now
Operators of this lease over timeNorth South Oil, LLC, Jan 2020 to May 2020; Costa Energy, LLC, Jun 2020 to Oct 2022; Team Operating, L.L.C., Nov 2022 to Jul 2023; Texian Operating Company, LLC, Aug 2023 to Jun 20262020202120222023202420252026Changed Jun 2020Changed Nov 2022Changed Aug 2023North South Oil, LLCJan 2020 to May 2020Costa Energy, LLCJun 2020 to Oct 2022Team Operating, L.L.C.Nov 2022 to Jul 2023Texian Operating Company, LLCAug 2023 to now

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

Wells

6 wells on this lease

Every well the Railroad Commission links to oil lease 15173 in district 01. The API number is the state’s ID for a well.
Wells on SMITH B UNIT
API numberWell no.Status
42-055-348572Active
42-055-348811SDActive
42-055-348897Active
42-055-349131HShut-in
42-055-349842HActive
42-055-350253HActive

SourceTexas Railroad Commission Wellbore Query, district 01, lease 15173.

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

    Apricus Enterprises, LLC and Truth Resources, L.p. gather it.

    Apricus Enterprises, LLC gathers it: 50% of it, on the list since Aug 1, 2023 · Truth Resources, L.p. gathers it: 50% of it, on the list since Aug 1, 2023

Companies that used to be listed: Rio Energy International, Inc. (gathers it, until Aug 1, 2023); Shell Trading (Us) Company (gathers it, until Aug 1, 2023); Truth Resources, L.p. (gathers it, until Aug 1, 2023); Rio Energy International, Inc. (gathers it, until Apr 1, 2023); Ace Gathering, Inc. (gathers it, until Mar 1, 2023); Buckhead Midstream, LLC (gathers it, until Mar 1, 2023).

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

52.67 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
64 not plugged
Horizontal
3
First completion
Apr 24, 2007
Latest permit
Aug 1, 2014

The wells on this lease state different acreage

The permits state between 30 and 224.92 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Smith B Unit
API numberWell no.Acreson the permit
42-055-350253H52.67
42-055-349842H52.68
42-055-349131H224.92
42-055-34889730
42-055-348811SD30
42-055-34857230

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 SMITH B UNIT 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 SMITH B UNIT
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Texian Operating294360$84.81$3.15
May 2026Texian Operating307171$102.13$2.94
Apr 2026Texian Operating344362$100.32$2.77
Mar 2026Texian Operating309270$91.38$3.04
Feb 2026Texian Operating288317$64.51$3.62
Jan 2026Texian Operating310299$60.04$7.72
Dec 2025Texian Operating313327$57.97$4.26
Nov 2025Texian Operating324369$60.06$3.79
Oct 2025Texian Operating150148$60.89$3.19
Sep 2025Texian Operating329611$63.96$2.97
Aug 2025Texian Operating502470$64.86$2.91
Jul 2025Texian Operating572525$68.39$3.20
Jun 2025Texian Operating553530$68.17$3.02
May 2025Texian Operating568605$62.17$3.12
Apr 2025Texian Operating562590$63.54$3.42
Mar 2025Texian Operating595524$68.24$4.12
Feb 2025Texian Operating542601$71.53$4.19
Jan 2025Texian Operating607636$75.74$4.13
Dec 2024Texian Operating608549$70.12$3.01
Nov 2024Texian Operating540566$69.95$2.12
Oct 2024Texian Operating673565$71.99$2.20
Sep 2024Texian Operating585693$70.24$2.28
Aug 2024Texian Operating613552$76.68$1.99
Jul 2024Texian Operating640588$81.80$2.07
Jun 2024Texian Operating585633$79.77$2.54
May 2024Texian Operating615639$80.02$2.12
Apr 2024Texian Operating624611$85.35$1.60
Mar 2024Texian Operating640581$81.28$1.49
Feb 2024Texian Operating633747$77.25$1.72
Jan 2024Texian Operating436380$74.15$3.18
Dec 2023Texian Operating429366$71.90$2.52
Nov 2023Texian Operating533550$77.69$2.71
Oct 2023Texian Operating647678$85.64$2.98
Sep 2023Texian Operating626570$89.43$2.64
Aug 2023Texian Operating655708$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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This lease belongs to

OperatorTexian Operating Company, LLCFieldSalt Flat (Edwards)CountyCaldwell County

Texian Operating Company, LLC in Caldwell County

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Salt Flat (Edwards) 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 Jun 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 15173, district 01, 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.