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Texas oil lease · RRC district 10 · Lease 03407

Shut in

THOMAS

Thomas is an oil lease in Gray County, Texas, operated by Henry Paul Petroleum, LLC in the Panhandle Gray County Field field. The Railroad Commission shows 1 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 3 wells

1bbl oil, last 12 months−99% vs prior year
RRC lease
10-03407

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County · RRC district 10Open Gray County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
3
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 99% over the last 12 months

1 bbl in the 12 months through Jul 2026, against 75 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for THOMAS, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 1 bbl in the 12 months through Jul 2026, against 75 bbl in the 12 months before.Last 12 months: 1 bblbbl per monthmcf per month00102502050030750401,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for THOMAS, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 1 bbl in the 12 months through Jul 2026, against 75 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00102502050030750401,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 03407, district 10. 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 transmission line in the last 12 months

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

All of the gas went to a transmission line in the last 12 monthsShare of THOMAS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of THOMAS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 03407, district 10. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

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.

Henry Paul Petroleum, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeHenry Paul Petroleum, LLC, Jan 2020 to Jul 20262020202120222023202420252026Henry Paul Petroleum, LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeHenry Paul Petroleum, LLC, Jan 2020 to Jul 20262020202120222023202420252026Henry Paul Petroleum, LLCJan 2020 to nowthrough Jul 2026

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

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 03407 in district 10. The API number is the state’s ID for a well.
Wells on THOMAS
API numberWell no.Status
42-179-200432Shut-in
42-179-851201Active
42-179-851223Shut-in

SourceTexas Railroad Commission Wellbore Query, district 10, lease 03407.

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

    Eastex Crude Company, LLC gathers it.

    100% of it, on the list since Jan 1, 2023

  • Gas from oil wells

    Iacx Rock Creek LLC buys and gathers it.

    Iacx Rock Creek LLC buys it: 100% of it, on the list since Jan 1, 2023 · Iacx Rock Creek LLC gathers it: 100% of it, on the list since Jan 1, 2023

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Jan 1, 2023); Dcp Operating Company, LP (buys it, until Jan 1, 2023); Eastex Crude Company (gathers it, until Jan 1, 2023).

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.

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
32 not plugged
Horizontal
0
First completion
Dec 27, 1966
Latest permit
–
Wells and acres on the permits for Thomas
API numberWell no.Acreson the permit
42-179-200432–
42-179-851201–
42-179-851223–

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.

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 THOMAS 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 THOMAS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Henry Paul00000$80.46$2.89
Jun 2026Henry Paul00000$84.81$3.15
May 2026Henry Paul00000$102.13$2.94
Apr 2026Henry Paul00000$100.32$2.77
Mar 2026Henry Paul00000$91.38$3.04
Feb 2026Henry Paul00000$64.51$3.62
Jan 2026Henry Paul00000$60.04$7.72
Dec 2025Henry Paul00000$57.97$4.26
Nov 2025Henry Paul00000$60.06$3.79
Oct 2025Henry Paul00000$60.89$3.19
Sep 2025Henry Paul00000$63.96$2.97
Aug 2025Henry Paul10000$64.86$2.91
Jul 2025Henry Paul50000$68.39$3.20
Jun 2025Henry Paul301791790$68.17$3.02
May 2025Henry Paul261595585580$62.17$3.12
Apr 2025Henry Paul2205435430$63.54$3.42
Mar 2025Henry Paul305005000$68.24$4.12
Feb 2025Henry Paul504744740$71.53$4.19
Jan 2025Henry Paul005545540$75.74$4.13
Dec 2024Henry Paul605315310$70.12$3.01
Nov 2024Henry Paul102662660$69.95$2.12
Oct 2024Henry Paul104564560$71.99$2.20
Sep 2024Henry Paul105745740$70.24$2.28
Aug 2024Henry Paul206656650$76.68$1.99
Jul 2024Henry Paul2405285280$81.80$2.07
Jun 2024Henry Paul504064060$79.77$2.54
May 2024Henry Paul605035030$80.02$2.12
Apr 2024Henry Paul504084080$85.35$1.60
Mar 2024Henry Paul504344340$81.28$1.49
Feb 2024Henry Paul803833830$77.25$1.72
Jan 2024Henry Paul1104684680$74.15$3.18
Dec 2023Henry Paul309769760$71.90$2.52
Nov 2023Henry Paul304184180$77.69$2.71
Oct 2023Henry Paul505785780$85.64$2.98
Sep 2023Henry Paul906626620$89.43$2.64
Aug 2023Henry Paul2206786780$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 THOMAS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Henry Paul Petroleum, LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
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  • 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.

Henry Paul Petroleum, LLC in Gray County

  • E-KEY

    528 bbl last 12 months

All Henry Paul Petroleum, LLC leases →

Panhandle Gray County Field field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • BOBBY

    0 bbl last 12 months · 0.4 km away

  • MAJOR

    65 bbl last 12 months · 0.7 km away

  • GATSY

    8,089 mcf last 12 months · 0.8 km away

  • READ

    121 bbl last 12 months · 1 km away

  • READ C

    0 mcf last 12 months · 1.2 km away

New drilling permits in Gray County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 03407, 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.