Skip to content
Royalty Clerk

Texas oil lease

Producing

TODD ESTATE -K-

Todd Estate -K- is an oil lease in Crockett County, Texas, operated by SBJ Oil & Gas, LLC in the Todd (Grayburg) field.

Oil lease dossier

71bbl oil, last 12 months−82% vs prior year
RRC lease
7C-04418

Is your check right?

Check my statement

Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
1 mcf
Oil in Jul 2026
16 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: SBJ Oil & Gas, LLC took over from 3TURTLE Oil & Gas, LLC in Oct 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 31, 2026 (last P-5 filed Jan 2, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 82% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 82% over the last 12 monthsMonthly oil production and gas for TODD ESTATE -K-, Aug 2023 to Jul 2026. Oil output fell 82% over the last 12 months. 71 bbl in the 12 months through Jul 2026, against 395 bbl in the 12 months before.Last 12 months: 71 bblbbl per monthmcf per month00100200301401501Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 82% over the last 12 monthsMonthly oil production and gas for TODD ESTATE -K-, Aug 2023 to Jul 2026. Oil output fell 82% over the last 12 months. 71 bbl in the 12 months through Jul 2026, against 395 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200301401501Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of TODD ESTATE -K- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of TODD ESTATE -K- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 25 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timeL & M Operating, Inc., Jan 2020 to Jul 2025; 3TURTLE Oil & Gas, LLC, Aug 2025 to Sep 2025; SBJ Oil & Gas, LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Changed Oct 2025L & M Operating, Inc.Jan 2020 to Jul 20253TURTLE Oil & Gas, LLCAug 2025 to Sep 2025SBJ Oil & Gas, LLCOct 2025 to now
Operators of this lease over timeL & M Operating, Inc., Jan 2020 to Jul 2025; 3TURTLE Oil & Gas, LLC, Aug 2025 to Sep 2025; SBJ Oil & Gas, LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Changed Oct 2025L & M Operating, Inc.Jan 2020 to Jul 20253TURTLE Oil & Gas, LLCAug 2025 to Sep 2025SBJ Oil & Gas, LLCOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Oct 1, 2025–
United Energy Trading LLCOilGathers100Aug 1, 2025Oct 1, 2025
Shell Trading (Us) CompanyOilGathers100Jan 1, 2011Aug 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Todd Estate -K-
API numberWell no.Acreson the permit
42-105-100046 U–
42-105-100057 U–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for TODD ESTATE -K-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026SBJ Oil1613000$80.46$2.89
Jun 2026SBJ Oil912000$84.81$3.15
May 2026SBJ Oil107000$102.13$2.94
Apr 2026SBJ Oil88000$100.32$2.77
Mar 2026SBJ Oil88000$91.38$3.04
Feb 2026SBJ Oil130000$64.51$3.62
Jan 2026SBJ Oil17000$60.04$7.72
Dec 2025SBJ Oil10000$57.97$4.26
Nov 2025SBJ Oil50000$60.06$3.79
Oct 2025SBJ Oil100000$60.89$3.19
Sep 20253TURTLE Oil00000$63.96$2.97
Aug 20253TURTLE Oil218101$64.86$2.91
Jul 2025L &180101$68.39$3.20
Jun 2025L &3783101$68.17$3.02
May 2025L &350101$62.17$3.12
Apr 2025L &3782101$63.54$3.42
Mar 2025L &380101$68.24$4.12
Feb 2025L &370101$71.53$4.19
Jan 2025L &150101$75.74$4.13
Dec 2024L &2087101$70.12$3.01
Nov 2024L &390101$69.95$2.12
Oct 2024L &4281101$71.99$2.20
Sep 2024L &420101$70.24$2.28
Aug 2024L &3583101$76.68$1.99
Jul 2024L &390101$81.80$2.07
Jun 2024L &70101$79.77$2.54
May 2024L &3583101$80.02$2.12
Apr 2024L &390101$85.35$1.60
Mar 2024L &4482101$81.28$1.49
Feb 2024L &410101$77.25$1.72
Jan 2024L &280101$74.15$3.18
Dec 2023L &3681101$71.90$2.52
Nov 2023L &470101$77.69$2.71
Oct 2023L &2685101$85.64$2.98
Sep 2023L &490101$89.43$2.64
Aug 2023L &4281101$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

New drilling permits in Crockett County

Newest in the county: this lease has no coordinates.