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Royalty Clerk

Texas oil lease · RRC district 10 · Lease 02700

No report in 6+ months

STEED

Steed is an oil lease in Ochiltree County, Texas, operated by Eqv Operating LLC in the Farnsworth-Conner (Des Moines) field.

Oil lease dossier · 4 wells

0bbl oil, last 12 months
Operator
Eqv Operating LLC
County
Ochiltree County
Field
Farnsworth-Conner (Des Moines)
RRC lease
10-02700

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Where it sits

This county

Ochiltree CountyOchiltreeHansfordLipscombOchiltree County
Ochiltree County · RRC district 10Open Ochiltree County →
Oil in Dec 2023
0 bbl
Reporting to the state
since Jan 2020
Wells
4
Data through
Dec 2023

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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Jan 2021 to Dec 2023). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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 once, most recently in Oct 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 timeUnit Petroleum Company, Jan 2020 to Sep 2023; Eqv Operating LLC, Oct 2023 to Dec 20232020202120222023Changed Oct 2023Unit Petroleum CompanyJan 2020 to Sep 2023Eqv Operating LLCOct 2023 to now
Operators of this lease over timeUnit Petroleum Company, Jan 2020 to Sep 2023; Eqv Operating LLC, Oct 2023 to Dec 20232020202120222023Changed Oct 2023Unit Petroleum CompanyJan 2020 to Sep 2023Eqv Operating LLCOct 2023 to now

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 02700 in district 10. The API number is the state’s ID for a well.
Wells on STEED
API numberWell no.Status
42-357-021353Active
42-357-809301Shut-in
42-357-809312Shut-in
42-357-809334Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 02700.

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

    Mission Petroleum Carriers, Inc. and Cp Energy, L.l.c. gather it.

    Mission Petroleum Carriers, Inc. gathers it: 90% of it, on the list since Apr 14, 2026 · Cp Energy, L.l.c. gathers it: 10% of it, on the list since Apr 14, 2026

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017

Companies that used to be listed: Cp Energy, L.l.c. (gathers it, until Apr 14, 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

What the drilling permits say

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
Oct 15, 1962
Latest permit
–
Wells and acres on the permits for Steed
API numberWell no.Acreson the permit
42-357-021353–
42-357-809301–
42-357-809312–
42-357-809334–
42-357-809345–

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 STEED sold each month.

For example 0.00097656, or a fraction like 1/1024.

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 STEED
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Dec 2023Eqv Operating00$71.90$2.52
Nov 2023Eqv Operating00$77.69$2.71
Oct 2023Eqv Operating00$85.64$2.98
Sep 2023Unit Petroleum00$89.43$2.64
Aug 2023Unit Petroleum00$81.39$2.58
Jul 2023Unit Petroleum00$76.07$2.55
Jun 2023Unit Petroleum00$70.25$2.18
May 2023Unit Petroleum00$71.58$2.15
Apr 2023Unit Petroleum00$79.45$2.16
Mar 2023Unit Petroleum00$73.28$2.31
Feb 2023Unit Petroleum00$76.83$2.38
Jan 2023Unit Petroleum00$78.12$3.27
Dec 2022Unit Petroleum00$76.44$5.53
Nov 2022Unit Petroleum00$84.37$5.45
Oct 2022Unit Petroleum00$87.55$5.66
Sep 2022Unit Petroleum00$84.26$7.88
Aug 2022Unit Petroleum00$93.67$8.81
Jul 2022Unit Petroleum00$101.62$7.28
Jun 2022Unit Petroleum00$114.84$7.70
May 2022Unit Petroleum00$109.55$8.14
Apr 2022Unit Petroleum00$101.78$6.60
Mar 2022Unit Petroleum00$108.50$4.90
Feb 2022Unit Petroleum00$91.64$4.69
Jan 2022Unit Petroleum00$83.22$4.38
Dec 2021Unit Petroleum00$71.71$3.76
Nov 2021Unit Petroleum00$79.15$5.05
Oct 2021Unit Petroleum00$81.48$5.51
Sep 2021Unit Petroleum00$71.65$5.16
Aug 2021Unit Petroleum00$67.73$4.07
Jul 2021Unit Petroleum00$72.49$3.84
Jun 2021Unit Petroleum00$71.38$3.26
May 2021Unit Petroleum00$65.17$2.91
Apr 2021Unit Petroleum00$61.72$2.66
Mar 2021Unit Petroleum00$62.33$2.62
Feb 2021Unit Petroleum00$59.04$5.35
Jan 2021Unit Petroleum00$52.00$2.71

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

Do your checks match this lease?

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

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  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

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

OperatorEqv Operating LLCFieldFarnsworth-Conner (Des Moines)CountyOchiltree County

Eqv Operating LLC in Ochiltree County

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

Farnsworth-Conner (Des Moines) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • HAWK

    0 bbl last 12 months · 0.7 km away

  • CONNER

    186 bbl last 12 months · 1.1 km away

  • FROMMELT

    0 bbl last 12 months · 1.2 km away

  • PECKENPAUGH

    2,112 bbl last 12 months · 1.3 km away

  • JANETTA

    2,689 bbl last 12 months · 1.4 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 Dec 2023?

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 02700, 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.