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Royalty Clerk

Texas oil lease · RRC district 10 · Lease 06843

Producing

SNEED

Sneed is an oil lease in Moore County, Texas, operated by Lasater & Co, Inc. in the Panhandle Moore County Field field. The Railroad Commission shows 631 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

631bbl oil, last 12 months−9% vs prior year
Operator
Lasater & Co, Inc.
County
Moore County
Field
Panhandle Moore County Field
RRC lease
10-06843

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Where it sits

This county

Moore CountyMooreHutchinsonHansfordShermanDallamOldhamHartleyMoore County
Moore County · RRC district 10Open Moore County →
Gas, last 12 months
1,333 mcf
Oil in Jul 2026
51 bbl
Reporting to the state
since Jan 2020
Wells
2

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 9% over the last 12 months

631 bbl in the 12 months through Jul 2026, against 693 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for SNEED, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 631 bbl in the 12 months through Jul 2026, against 693 bbl in the 12 months before.Last 12 months: 631 bblbbl per monthmcf per month0025505010075150100200125250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for SNEED, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 631 bbl in the 12 months through Jul 2026, against 693 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025505010075150100200125250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 06843, 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.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of SNEED gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SNEED gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 06843, district 10. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

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.

Lasater & Co, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeLasater & Co, Inc., Jan 2020 to Jul 20262020202120222023202420252026Lasater & Co, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeLasater & Co, Inc., Jan 2020 to Jul 20262020202120222023202420252026Lasater & Co, Inc.Jan 2020 to nowthrough Jul 2026

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 06843 in district 10. The API number is the state’s ID for a well.
Wells on SNEED
API numberWell no.Status
42-341-322201Active
42-341-322492Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 06843.

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

    Valero Marketing and Supply Co. gathers it.

    100% of it, on the list since Jan 1, 2003

  • Gas from oil wells

    Iacx Rock Creek LLC buys and gathers it.

    Iacx Rock Creek LLC buys it: 100% of it, on the list since Apr 1, 2020 · Iacx Rock Creek LLC gathers it: 100% of it, on the list since Apr 1, 2020

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Apr 1, 2020); Dcp Operating Company, LP (buys 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

168 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
22 not plugged
Horizontal
0
First completion
Dec 10, 1991
Latest permit
Oct 16, 1992
Wells and acres on the permits for Sneed
API numberWell no.Acreson the permit
42-341-322492168
42-341-322201168

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 SNEED 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. Regional gas prices are often below Henry Hub.

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 SNEED
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Lasater &511681621620$80.46$2.89
Jun 2026Lasater &5801691690$84.81$3.15
May 2026Lasater &5101341340$102.13$2.94
Apr 2026Lasater &421611351350$100.32$2.77
Mar 2026Lasater &6201821820$91.38$3.04
Feb 2026Lasater &6701511510$64.51$3.62
Jan 2026Lasater &2717393930$60.04$7.72
Dec 2025Lasater &5701051050$57.97$4.26
Nov 2025Lasater &41071710$60.06$3.79
Oct 2025Lasater &4915418180$60.89$3.19
Sep 2025Lasater &54015150$63.96$2.97
Aug 2025Lasater &72098980$64.86$2.91
Jul 2025Lasater &7916694940$68.39$3.20
Jun 2025Lasater &4701221220$68.17$3.02
May 2025Lasater &791661341340$62.17$3.12
Apr 2025Lasater &44042420$63.54$3.42
Mar 2025Lasater &39092920$68.24$4.12
Feb 2025Lasater &4901571570$71.53$4.19
Jan 2025Lasater &521581311310$75.74$4.13
Dec 2024Lasater &4202052050$70.12$3.01
Nov 2024Lasater &63063630$69.95$2.12
Oct 2024Lasater &781711361360$71.99$2.20
Sep 2024Lasater &6301651650$70.24$2.28
Aug 2024Lasater &5801541540$76.68$1.99
Jul 2024Lasater &321791731730$81.80$2.07
Jun 2024Lasater &4101361360$79.77$2.54
May 2024Lasater &5101451450$80.02$2.12
Apr 2024Lasater &6201371370$85.35$1.60
Mar 2024Lasater &1151721491490$81.28$1.49
Feb 2024Lasater &421761281280$77.25$1.72
Jan 2024Lasater &2901421420$74.15$3.18
Dec 2023Lasater &1501701700$71.90$2.52
Nov 2023Lasater &5801331330$77.69$2.71
Oct 2023Lasater &6701401400$85.64$2.98
Sep 2023Lasater &581811491490$89.43$2.64
Aug 2023Lasater &6901601600$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

OperatorLasater & Co, Inc.FieldPanhandle Moore County FieldCountyMoore County

Lasater & Co, Inc. in Moore County

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Panhandle Moore County Field field

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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 06843, 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.