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Royalty Clerk

Texas oil lease · RRC district 09 · Lease 32267

No report in 6+ months

SUBLETT

Sublett is an oil lease in Jack County, Texas, operated by Best Petroleum Explorations,inc. in the Lost Valley (Caddo) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Best Petroleum Explorations,inc.
County
Jack County
Field
Lost Valley (Caddo)
RRC lease
09-32267

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County · RRC district 09Open Jack County →
Oil in Oct 2021
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Oct 2021

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 22 months we hold (Jan 2020 to Oct 2021). 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.

Best Petroleum Explorations,inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBest Petroleum Explorations,inc., Jan 2020 to Oct 202120202021Best Petroleum Explorations,i…Jan 2020 to nowthrough Oct 2021
Operators of this lease over timeBest Petroleum Explorations,inc., Jan 2020 to Oct 202120202021Best Petroleum Explorations,inc.Jan 2020 to nowthrough Oct 2021

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 32267 in district 09. The API number is the state’s ID for a well.
Wells on SUBLETT
API numberWell no.Status
42-237-395271Active

SourceTexas Railroad Commission Wellbore Query, district 09, lease 32267.

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

    Transoil Marketing, LLC gathers it.

    100% of it, on the list since Apr 3, 2012

  • Gas from oil wells

    Midcoast G & P (North Texas)l.p. buys it; Midcoast Gathering (N Tx) L.p. gathers it.

    Midcoast G & P (North Texas)l.p. buys it: 100% of it, on the list since Oct 1, 2018 · Midcoast Gathering (N Tx) L.p. 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

62.83 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
10 not plugged
Horizontal
0
First completion
Apr 3, 2012
Latest permit
Mar 6, 2012

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Sublett
API numberWell no.Acreson the permit
42-237-39527162.83

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 SUBLETT 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

22 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 SUBLETT
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Oct 2021Best Petroleum00$81.48$5.51
Sep 2021Best Petroleum00$71.65$5.16
Aug 2021Best Petroleum00$67.73$4.07
Jul 2021Best Petroleum00$72.49$3.84
Jun 2021Best Petroleum00$71.38$3.26
May 2021Best Petroleum00$65.17$2.91
Apr 2021Best Petroleum00$61.72$2.66
Mar 2021Best Petroleum00$62.33$2.62
Feb 2021Best Petroleum00$59.04$5.35
Jan 2021Best Petroleum00$52.00$2.71
Dec 2020Best Petroleum00$47.02$2.58
Nov 2020Best Petroleum00$40.94$2.61
Oct 2020Best Petroleum00$39.40$2.39
Sep 2020Best Petroleum00$39.63$1.92
Aug 2020Best Petroleum00$42.34$2.30
Jul 2020Best Petroleum00$40.71$1.76
Jun 2020Best Petroleum00$38.31$1.63
May 2020Best Petroleum00$28.56$1.75
Apr 2020Best Petroleum00$16.55$1.74
Mar 2020Best Petroleum00$29.21$1.79
Feb 2020Best Petroleum00$50.54$1.91
Jan 2020Best Petroleum00$57.52$2.02

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 SUBLETT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Best Petroleum Explorations,inc.

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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

OperatorBest Petroleum Explorations,inc.FieldLost Valley (Caddo)CountyJack County

Best Petroleum Explorations,inc. in Jack County

All Best Petroleum Explorations,inc. leases →

Lost Valley (Caddo) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • SUBLETT

    1,339 bbl last 12 months · 0.3 km away

  • LAKE

    0 mcf last 12 months · 0.4 km away

  • LAKE

    0 bbl last 12 months · 0.4 km away

  • COZART

    0 bbl last 12 months · 0.5 km away

  • COUNTS

    0 mcf last 12 months · 0.6 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 Oct 2021?

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 32267, 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.