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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 47800

Producing

TALBOT E

Talbot E is an oil lease in Howard County, Texas, operated by Hibernia Resources IV, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 4,243 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

4,243bbl oil, last 12 months−41% vs prior year
Operator
Hibernia Resources IV, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-47800

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Gas, last 12 months
93,457 mcf
Oil in Jul 2026
608 bbl
Reporting to the state
since Jan 2020
Wells
1

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 41% over the last 12 months

4,243 bbl in the 12 months through Jul 2026, against 7,202 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for TALBOT E, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 4,243 bbl in the 12 months through Jul 2026, against 7,202 bbl in the 12 months before.Last 12 months: 4,243 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for TALBOT E, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 4,243 bbl in the 12 months through Jul 2026, against 7,202 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 47800, 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.

All of the gas went to a processing plant in the last 12 months

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

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of TALBOT E gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of TALBOT E gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 47800, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

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.

The operator changed once, most recently in May 2024

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 timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now

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 47800 in district 08. The API number is the state’s ID for a well.
Wells on TALBOT E
API numberWell no.Status
42-227-386055SHActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 47800.

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

    Medallion Operating Company, LLC gathers it.

    100% of it, on the list since Aug 1, 2024

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it; Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Dcp Operating Company, LP buys it: 50% of it, on the list since Aug 1, 2024 · Et Gathering & Processing LLC buys it: 50% of it, on the list since Mar 1, 2026 · Dcp Operating Company, LP gathers it: 50% of it, on the list since Aug 1, 2024 · Energy Transfer Company gathers it: 50% of it, on the list since Aug 1, 2024

Companies that used to be listed: Energy Transfer Company (buys it, until Mar 1, 2026); Dcp Operating Company, LP (gathers it, until Aug 1, 2024); Dcp Operating Company, LP (buys it, until Aug 1, 2024); Trafigura Trading LLC (gathers it, until Aug 1, 2024); Medallion Operating Company, LLC (gathers it, until May 15, 2024).

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

480 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
11 not plugged
Horizontal
1
First completion
Mar 15, 2016
Latest permit
Aug 14, 2015
Wells and acres on the permits for Talbot E
API numberWell no.Acreson the permit
42-227-386055SH480

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 TALBOT E 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 TALBOT E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Hibernia Resources6086078,1808,1800$80.46$2.89
Jun 2026Hibernia Resources1571581,7311,7310$84.81$3.15
May 2026Hibernia Resources66661,9751,9750$102.13$2.94
Apr 2026Hibernia Resources2602586,6596,6590$100.32$2.77
Mar 2026Hibernia Resources3513538,3618,3610$91.38$3.04
Feb 2026Hibernia Resources4244369,9509,9500$64.51$3.62
Jan 2026Hibernia Resources36936511,25411,2540$60.04$7.72
Dec 2025Hibernia Resources38937510,40010,4000$57.97$4.26
Nov 2025Hibernia Resources39038612,26612,2660$60.06$3.79
Oct 2025Hibernia Resources3913907,3637,3630$60.89$3.19
Sep 2025Hibernia Resources4204227,1417,1410$63.96$2.97
Aug 2025Hibernia Resources4184248,1778,1770$64.86$2.91
Jul 2025Hibernia Resources48849110,94910,9490$68.39$3.20
Jun 2025Hibernia Resources6546639,5909,5900$68.17$3.02
May 2025Hibernia Resources4324227,5947,5940$62.17$3.12
Apr 2025Hibernia Resources4914848,8738,8730$63.54$3.42
Mar 2025Hibernia Resources56558010,55510,5550$68.24$4.12
Feb 2025Hibernia Resources6076189,5659,5650$71.53$4.19
Jan 2025Hibernia Resources48647210,18610,1860$75.74$4.13
Dec 2024Hibernia Resources59258811,05511,0550$70.12$3.01
Nov 2024Hibernia Resources72371812,13412,1340$69.95$2.12
Oct 2024Hibernia Resources74575413,28313,2830$71.99$2.20
Sep 2024Hibernia Resources65462910,79510,7950$70.24$2.28
Aug 2024Hibernia Resources7657657,3897,3890$76.68$1.99
Jul 2024Hibernia Resources1561568988980$81.80$2.07
Jun 2024Hibernia Resources12122222220$79.77$2.54
May 2024Hibernia Resources00000$80.02$2.12
Apr 2024Legacy Reserves010000$85.35$1.60
Mar 2024Legacy Reserves2192091,7431,7421$81.28$1.49
Feb 2024Legacy Reserves00000$77.25$1.72
Jan 2024Legacy Reserves00000$74.15$3.18
Dec 2023Legacy Reserves02000$71.90$2.52
Nov 2023Legacy Reserves68807697690$77.69$2.71
Oct 2023Legacy Reserves5575566,6246,6231$85.64$2.98
Sep 2023Legacy Reserves4234246,5026,5020$89.43$2.64
Aug 2023Legacy Reserves5335516,8086,8080$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

OperatorHibernia Resources IV, LLCFieldSpraberry (Trend Area)CountyHoward County

Hibernia Resources IV, LLC in Howard County

All Hibernia Resources IV, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • TALBOT F

    2,400 bbl last 12 months · 0 km away

  • DENTON '45'

    0 bbl last 12 months · 0.1 km away

  • TALBOT D

    3,124 bbl last 12 months · 0.2 km away

  • TALBOT C

    8,264 bbl last 12 months · 0.2 km away

  • TALBOT H

    993 bbl last 12 months · 0.2 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 47800, 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.