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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 25721

Producing

SPEARS

Spears is an oil lease in Young County, Texas, operated by Texoma Oil Tools, Inc. in the Young County Regular field. The Railroad Commission shows 2,056 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

2,056bbl oil, last 12 months+146% vs prior year
Operator
Texoma Oil Tools, Inc.
County
Young County
Field
Young County Regular
RRC lease
09-25721

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County · RRC district 09Open Young County →
Oil in Jul 2026
167 bbl
Reporting to the state
since Jan 2020
Wells
5
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 rose 146% over the last 12 months

2,056 bbl in the 12 months through Jul 2026, against 837 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 146% over the last 12 monthsMonthly oil production for SPEARS, Aug 2023 to Jul 2026. Oil output rose 146% over the last 12 months. 2,056 bbl in the 12 months through Jul 2026, against 837 bbl in the 12 months before.Last 12 months: 2,056 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 146% over the last 12 monthsMonthly oil production for SPEARS, Aug 2023 to Jul 2026. Oil output rose 146% over the last 12 months. 2,056 bbl in the 12 months through Jul 2026, against 837 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 25721, district 09. 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.

Texoma Oil Tools, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeTexoma Oil Tools, Inc., Jan 2020 to Jul 20262020202120222023202420252026Texoma Oil Tools, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeTexoma Oil Tools, Inc., Jan 2020 to Jul 20262020202120222023202420252026Texoma Oil Tools, Inc.Jan 2020 to nowthrough Jul 2026

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

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 25721 in district 09. The API number is the state’s ID for a well.
Wells on SPEARS
API numberWell no.Status
42-503-359311Active
42-503-386774Active
42-503-396605Shut-in
42-503-397047Active
42-503-402508Active

SourceTexas Railroad Commission Wellbore Query, district 09, lease 25721.

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

    Gulfmark Energy, Inc. gathers it.

    100% of it, on the list since Oct 1, 2018

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

125.70 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
52 not plugged
Horizontal
0
First completion
Apr 22, 1985
Latest permit
Oct 29, 1990

The wells on this lease state different acreage

The permits state between 125.7 and 132 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Spears
API numberWell no.Acreson the permit
42-503-402508125.70
42-503-397047125.70
42-503-396605125.70
42-503-386774132
42-503-359311125.70

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.

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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 SPEARS 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 SPEARS
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Texoma Oil167162$80.46$2.89
Jun 2026Texoma Oil162165$84.81$3.15
May 2026Texoma Oil167154$102.13$2.94
Apr 2026Texoma Oil189168$100.32$2.77
Mar 2026Texoma Oil156169$91.38$3.04
Feb 2026Texoma Oil161161$64.51$3.62
Jan 2026Texoma Oil1120$60.04$7.72
Dec 2025Texoma Oil169167$57.97$4.26
Nov 2025Texoma Oil260320$60.06$3.79
Oct 2025Texoma Oil176155$60.89$3.19
Sep 2025Texoma Oil168160$63.96$2.97
Aug 2025Texoma Oil169157$64.86$2.91
Jul 2025Texoma Oil183164$68.39$3.20
Jun 2025Texoma Oil161165$68.17$3.02
May 2025Texoma Oil100173$62.17$3.12
Apr 2025Texoma Oil00$63.54$3.42
Mar 2025Texoma Oil00$68.24$4.12
Feb 2025Texoma Oil00$71.53$4.19
Jan 2025Texoma Oil00$75.74$4.13
Dec 2024Texoma Oil00$70.12$3.01
Nov 2024Texoma Oil00$69.95$2.12
Oct 2024Texoma Oil114158$71.99$2.20
Sep 2024Texoma Oil123160$70.24$2.28
Aug 2024Texoma Oil156150$76.68$1.99
Jul 2024Texoma Oil169156$81.80$2.07
Jun 2024Texoma Oil154162$79.77$2.54
May 2024Texoma Oil152155$80.02$2.12
Apr 2024Texoma Oil160167$85.35$1.60
Mar 2024Texoma Oil159153$81.28$1.49
Feb 2024Texoma Oil155153$77.25$1.72
Jan 2024Texoma Oil159154$74.15$3.18
Dec 2023Texoma Oil162161$71.90$2.52
Nov 2023Texoma Oil158159$77.69$2.71
Oct 2023Texoma Oil161159$85.64$2.98
Sep 2023Texoma Oil85154$89.43$2.64
Aug 2023Texoma Oil178152$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorTexoma Oil Tools, Inc.FieldYoung County RegularCountyYoung County

Texoma Oil Tools, Inc. in Young County

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

Young County Regular field

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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 25721, district 09, 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.