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Texas oil lease · RRC district 05 · Lease 04059

No report in 6+ months

TWO OAKS UNIT

Two Oaks Unit is an oil lease in Hopkins County, Texas, operated by 3-T Exploration, Inc. in the Birthright (Smackover) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
RRC lease
05-04059

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Where it sits

This county

Hopkins CountyHopkinsFranklinHuntUpshurWoodDeltaRed RiverLamarTitusCampRainsFanninHopkins County
Hopkins County · RRC district 05Open Hopkins County →
Oil in Jan 2023
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jan 2023

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 36 months we hold (Feb 2020 to Jan 2023). 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.

3-T Exploration, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over time3-T Exploration, Inc., Jan 2020 to Jan 202320202021202220233-T Exploration, Inc.Jan 2020 to nowthrough Jan 2023
Operators of this lease over time3-T Exploration, Inc., Jan 2020 to Jan 202320202021202220233-T Exploration, Inc.Jan 2020 to nowthrough Jan 2023

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 04059 in district 05. The API number is the state’s ID for a well.
Wells on TWO OAKS UNIT
API numberWell no.Status
42-223-305132Active

SourceTexas Railroad Commission Wellbore Query, district 05, lease 04059.

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 gathers it.

    100% of it, on the list since May 16, 2014

  • Gas from oil wells

    Sei Energy, LLC buys it; Gulf South Pipeline Company, LP gathers it.

    Sei Energy, LLC buys it: 100% of it, on the list since May 16, 2014 · Gulf South Pipeline Company, LP gathers it: 100% of it, on the list since May 16, 2014

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

160 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
May 16, 2014
Latest permit
Mar 19, 2014
Wells and acres on the permits for Two Oaks Unit
API numberWell no.Acreson the permit
42-223-305132160

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 TWO OAKS UNIT 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 TWO OAKS UNIT
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jan 20233-T Exploration,00$78.12$3.27
Dec 20223-T Exploration,00$76.44$5.53
Nov 20223-T Exploration,00$84.37$5.45
Oct 20223-T Exploration,00$87.55$5.66
Sep 20223-T Exploration,00$84.26$7.88
Aug 20223-T Exploration,00$93.67$8.81
Jul 20223-T Exploration,00$101.62$7.28
Jun 20223-T Exploration,00$114.84$7.70
May 20223-T Exploration,00$109.55$8.14
Apr 20223-T Exploration,00$101.78$6.60
Mar 20223-T Exploration,00$108.50$4.90
Feb 20223-T Exploration,00$91.64$4.69
Jan 20223-T Exploration,00$83.22$4.38
Dec 20213-T Exploration,00$71.71$3.76
Nov 20213-T Exploration,00$79.15$5.05
Oct 20213-T Exploration,00$81.48$5.51
Sep 20213-T Exploration,00$71.65$5.16
Aug 20213-T Exploration,00$67.73$4.07
Jul 20213-T Exploration,00$72.49$3.84
Jun 20213-T Exploration,00$71.38$3.26
May 20213-T Exploration,00$65.17$2.91
Apr 20213-T Exploration,00$61.72$2.66
Mar 20213-T Exploration,00$62.33$2.62
Feb 20213-T Exploration,00$59.04$5.35
Jan 20213-T Exploration,00$52.00$2.71
Dec 20203-T Exploration,00$47.02$2.58
Nov 20203-T Exploration,00$40.94$2.61
Oct 20203-T Exploration,00$39.40$2.39
Sep 20203-T Exploration,00$39.63$1.92
Aug 20203-T Exploration,00$42.34$2.30
Jul 20203-T Exploration,00$40.71$1.76
Jun 20203-T Exploration,00$38.31$1.63
May 20203-T Exploration,00$28.56$1.75
Apr 20203-T Exploration,00$16.55$1.74
Mar 20203-T Exploration,00$29.21$1.79
Feb 20203-T Exploration,00$50.54$1.91

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 TWO OAKS UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask 3-T Exploration, Inc.

  • 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.

3-T Exploration, Inc. in Hopkins County

No other producing leases from this operator in this county are in our data yet.

Birthright (Smackover) field

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

Leases within 10 km

Found by the location of their wells.

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 Jan 2023?

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 04059, district 05, 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.