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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 40875

Shut in

SPADE RANCH

Spade Ranch is an oil lease in Mitchell County, Texas, operated by Crownquest Operating, LLC in the Ray Albaugh (Wolfcamp) field. The Railroad Commission shows 101 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

101bbl oil, last 12 months−89% vs prior year
Operator
Crownquest Operating, LLC
County
Mitchell County
Field
Ray Albaugh (Wolfcamp)
RRC lease
08-40875

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Where it sits

This county

Mitchell CountyMitchellFisherNolanHowardCokeScurryBordenMitchell County
Mitchell County · RRC district 08Open Mitchell County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
4
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 89% over the last 12 months

101 bbl in the 12 months through Jul 2026, against 909 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 89% over the last 12 monthsMonthly oil production for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 89% over the last 12 months. 101 bbl in the 12 months through Jul 2026, against 909 bbl in the 12 months before.Last 12 months: 101 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 89% over the last 12 monthsMonthly oil production for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 89% over the last 12 months. 101 bbl in the 12 months through Jul 2026, against 909 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40875, 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.

Crownquest Operating, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 20262020202120222023202420252026Crownquest Operating, LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 20262020202120222023202420252026Crownquest Operating, LLCJan 2020 to nowthrough Jul 2026

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

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 40875 in district 08. The API number is the state’s ID for a well.
Wells on SPADE RANCH
API numberWell no.Status
42-335-353801Active
42-335-358883Shut-in
42-335-35934331Active
42-335-35983W312NActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40875.

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

    Bml, Inc. B gathers it.

    100% of it, on the list since Mar 1, 2026

  • Gas from oil wells

    Targa Pl Mid-Cont Westtex LLC buys and gathers it.

    Targa Pl Mid-Cont Westtex LLC buys it: 100% of it, on the list since Jan 1, 2026 · Targa Pl Mid-Cont Westtex LLC gathers it: 100% of it, on the list since Jan 1, 2026

Companies that used to be listed: Eastex Crude Company, LLC (gathers it, until Mar 1, 2026); Wtg Gas Processing, L.p. (gathers it, until Jan 1, 2026); Wtg Gas Processing, L.p. (buys it, until Jan 1, 2026); Bml, Inc. B (gathers it, until Jan 1, 2026).

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

103,766.76 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
41 not plugged
Horizontal
0
First completion
Jul 19, 2010
Latest permit
Sep 25, 2018

The wells on this lease state different acreage

The permits state between 160 and 103,766.76 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Spade Ranch
API numberWell no.Acreson the permit
42-335-35983W312N103,766.76
42-335-3593433132,724
42-335-358883652.40
42-335-353801160

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 SPADE RANCH 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 SPADE RANCH
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Crownquest Operating,00$80.46$2.89
Jun 2026Crownquest Operating,00$84.81$3.15
May 2026Crownquest Operating,00$102.13$2.94
Apr 2026Crownquest Operating,00$100.32$2.77
Mar 2026Crownquest Operating,00$91.38$3.04
Feb 2026Crownquest Operating,00$64.51$3.62
Jan 2026Crownquest Operating,90$60.04$7.72
Dec 2025Crownquest Operating,00$57.97$4.26
Nov 2025Crownquest Operating,00$60.06$3.79
Oct 2025Crownquest Operating,810$60.89$3.19
Sep 2025Crownquest Operating,1152$63.96$2.97
Aug 2025Crownquest Operating,100$64.86$2.91
Jul 2025Crownquest Operating,13169$68.39$3.20
Jun 2025Crownquest Operating,140$68.17$3.02
May 2025Crownquest Operating,200$62.17$3.12
Apr 2025Crownquest Operating,150$63.54$3.42
Mar 2025Crownquest Operating,100$68.24$4.12
Feb 2025Crownquest Operating,300$71.53$4.19
Jan 2025Crownquest Operating,100$75.74$4.13
Dec 2024Crownquest Operating,2220$70.12$3.01
Nov 2024Crownquest Operating,0183$69.95$2.12
Oct 2024Crownquest Operating,335374$71.99$2.20
Sep 2024Crownquest Operating,1180$70.24$2.28
Aug 2024Crownquest Operating,122240$76.68$1.99
Jul 2024Crownquest Operating,00$81.80$2.07
Jun 2024Crownquest Operating,700$79.77$2.54
May 2024Crownquest Operating,1460$80.02$2.12
Apr 2024Crownquest Operating,190$85.35$1.60
Mar 2024Crownquest Operating,62157$81.28$1.49
Feb 2024Crownquest Operating,600$77.25$1.72
Jan 2024Crownquest Operating,510$74.15$3.18
Dec 2023Crownquest Operating,340$71.90$2.52
Nov 2023Crownquest Operating,35164$77.69$2.71
Oct 2023Crownquest Operating,874$85.64$2.98
Sep 2023Crownquest Operating,960$89.43$2.64
Aug 2023Crownquest Operating,150$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

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Upload your statements for SPADE RANCH. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Crownquest Operating, LLC.

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  • Fees taken on gas
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Around this lease

Walk the neighborhood

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

This lease belongs to

OperatorCrownquest Operating, LLCFieldRay Albaugh (Wolfcamp)CountyMitchell County

Crownquest Operating, LLC in Mitchell County

All Crownquest Operating, LLC leases →

Ray Albaugh (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • ELLWOOD

    0 bbl last 12 months · 2.5 km away

  • ELLWOOD

    2,295 bbl last 12 months · 2.6 km away

  • SPADE "A"

    1,114 bbl last 12 months · 2.8 km away

  • SPADE RANCH

    34 bbl last 12 months · 3 km away

  • PATRICK

    264 bbl last 12 months · 3.9 km away

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 40875, 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.

FAQ

Questions about SPADE RANCH

Who operates the SPADE RANCH lease?

The Railroad Commission lists Crownquest Operating, LLC (operator number 191554) as the operator of this lease in Mitchell County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the SPADE RANCH lease produced?

The lease reported 101 bbl of oil in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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