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Texas oil lease · RRC district 7B · Lease 31397

Producing

TOWNSEND

Townsend is an oil lease in Taylor County, Texas, operated by Gwet, Inc. in the Murphree field. The Railroad Commission shows 720 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

720bbl oil, last 12 months+53% vs prior year
Operator
Gwet, Inc.
RRC lease
7B-31397

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Where it sits

This county

Taylor CountyTaylorShackelfordFisherNolanCallahanJonesCokeTaylor County
Taylor County · RRC district 7BOpen Taylor County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
1
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 rose 53% over the last 12 months

720 bbl in the 12 months through Jul 2026, against 472 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 53% over the last 12 monthsMonthly oil production for TOWNSEND, Aug 2023 to Jul 2026. Oil output rose 53% over the last 12 months. 720 bbl in the 12 months through Jul 2026, against 472 bbl in the 12 months before.Last 12 months: 720 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 53% over the last 12 monthsMonthly oil production for TOWNSEND, Aug 2023 to Jul 2026. Oil output rose 53% over the last 12 months. 720 bbl in the 12 months through Jul 2026, against 472 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 31397, district 7B. 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.

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 Sep 2021

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 timeEarthbound Resources LLC, Jan 2020 to Aug 2021; Gwet, Inc., Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Earthbound Resources LLCJan 2020 to Aug 2021Gwet, Inc.Sep 2021 to now
Operators of this lease over timeEarthbound Resources LLC, Jan 2020 to Aug 2021; Gwet, Inc., Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Earthbound Resources LLCJan 2020 to Aug 2021Gwet, Inc.Sep 2021 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 31397 in district 7B. The API number is the state’s ID for a well.
Wells on TOWNSEND
API numberWell no.Status
42-441-344431AActive

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 31397.

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

    Bml, Inc. B and Transoil Marketing, LLC gather it.

    Bml, Inc. B gathers it: 50% of it, on the list since Aug 1, 2018 · Transoil Marketing, LLC gathers it: 50% of it, on the list since Sep 1, 2021

Companies that used to be listed: True Oil Trucking & Mktg, LLC (gathers it, until Sep 1, 2021).

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

203 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
0
First completion
Sep 23, 2013
Latest permit
Sep 4, 2013
Wells and acres on the permits for Townsend
API numberWell no.Acreson the permit
42-441-344431A203

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 TOWNSEND 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.

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 TOWNSEND
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Gwet, Inc.0141$80.46$2.89
Jun 2026Gwet, Inc.510$84.81$3.15
May 2026Gwet, Inc.113153$102.13$2.94
Apr 2026Gwet, Inc.1040$100.32$2.77
Mar 2026Gwet, Inc.62154$91.38$3.04
Feb 2026Gwet, Inc.1120$64.51$3.62
Jan 2026Gwet, Inc.92133$60.04$7.72
Dec 2025Gwet, Inc.186159$57.97$4.26
Nov 2025Gwet, Inc.00$60.06$3.79
Oct 2025Gwet, Inc.00$60.89$3.19
Sep 2025Gwet, Inc.00$63.96$2.97
Aug 2025Gwet, Inc.00$64.86$2.91
Jul 2025Gwet, Inc.00$68.39$3.20
Jun 2025Gwet, Inc.00$68.17$3.02
May 2025Gwet, Inc.00$62.17$3.12
Apr 2025Gwet, Inc.61159$63.54$3.42
Mar 2025Gwet, Inc.430$68.24$4.12
Feb 2025Gwet, Inc.410$71.53$4.19
Jan 2025Gwet, Inc.26136$75.74$4.13
Dec 2024Gwet, Inc.270$70.12$3.01
Nov 2024Gwet, Inc.230$69.95$2.12
Oct 2024Gwet, Inc.117162$71.99$2.20
Sep 2024Gwet, Inc.880$70.24$2.28
Aug 2024Gwet, Inc.46155$76.68$1.99
Jul 2024Gwet, Inc.530$81.80$2.07
Jun 2024Gwet, Inc.560$79.77$2.54
May 2024Gwet, Inc.77158$80.02$2.12
Apr 2024Gwet, Inc.990$85.35$1.60
Mar 2024Gwet, Inc.92174$81.28$1.49
Feb 2024Gwet, Inc.890$77.25$1.72
Jan 2024Gwet, Inc.49165$74.15$3.18
Dec 2023Gwet, Inc.1030$71.90$2.52
Nov 2023Gwet, Inc.94173$77.69$2.71
Oct 2023Gwet, Inc.770$85.64$2.98
Sep 2023Gwet, Inc.210$89.43$2.64
Aug 2023Gwet, Inc.91150$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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Upload your statements for TOWNSEND. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Gwet, Inc.

  • A month that was never paid
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  • Fees taken on gas
  • Late payment interest

Around this lease

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Gwet, Inc. in Taylor County

All Gwet, Inc. leases →

Murphree field

No other producing leases in this field are in our data yet.

Leases within 10 km

Found by the location of their wells.

  • TOWNSEND

    104 bbl last 12 months · 0.2 km away

  • TOWNSEND

    1,064 bbl last 12 months · 0.4 km away

  • BAZE

    0 bbl last 12 months · 1 km away

  • HESTER, H.W.

    5 bbl last 12 months · 1.9 km away

  • LILLY A

    1,955 bbl last 12 months · 2.4 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 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 31397, district 7B, 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.