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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 08306

Producing

TXL

TXL is an oil lease in Ector County, Texas, operated by Libertad Operating LLC in the Double -H- (Grayburg) field. The Railroad Commission shows 1,840 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 3 wells

1,840bbl oil, last 12 months−42% vs prior year
Operator
Libertad Operating LLC
County
Ector County
Field
Double -H- (Grayburg)
RRC lease
08-08306

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County · RRC district 08Open Ector County →
Oil in Jun 2026
247 bbl
Reporting to the state
since Jan 2020
Wells
3
Data through
Jun 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 42% over the last 12 months

1,570 bbl in the 12 months through Jul 2026, against 2,705 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production for TXL, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,570 bbl in the 12 months through Jul 2026, against 2,705 bbl in the 12 months before.Last 12 months: 1,570 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production for TXL, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,570 bbl in the 12 months through Jul 2026, against 2,705 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 08306, 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.

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 Aug 2025

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 timeBta Oil Producers, LLC, Jan 2020 to Jul 2025; Libertad Operating LLC, Aug 2025 to Jun 20262020202120222023202420252026Changed Aug 2025Bta Oil Producers, LLCJan 2020 to Jul 2025Libertad Operating LLCAug 2025 to now
Operators of this lease over timeBta Oil Producers, LLC, Jan 2020 to Jul 2025; Libertad Operating LLC, Aug 2025 to Jun 20262020202120222023202420252026Changed Aug 2025Bta Oil Producers, LLCJan 2020 to Jul 2025Libertad Operating LLCAug 2025 to now

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 08306 in district 08. The API number is the state’s ID for a well.
Wells on TXL
API numberWell no.Status
42-135-055191Active
42-135-055202Active
42-135-055214Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 08306.

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 TXL 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.

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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 TXL
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Libertad Operating247193$84.81$3.15
May 2026Libertad Operating237357$102.13$2.94
Apr 2026Libertad Operating1670$100.32$2.77
Mar 2026Libertad Operating128164$91.38$3.04
Feb 2026Libertad Operating127172$64.51$3.62
Jan 2026Libertad Operating790$60.04$7.72
Dec 2025Libertad Operating117163$57.97$4.26
Nov 2025Libertad Operating145172$60.06$3.79
Oct 2025Libertad Operating650$60.89$3.19
Sep 2025Libertad Operating126228$63.96$2.97
Aug 2025Libertad Operating132187$64.86$2.91
Jul 2025Bta Oil270166$68.39$3.20
Jun 2025Bta Oil181326$68.17$3.02
May 2025Bta Oil231179$62.17$3.12
Apr 2025Bta Oil306347$63.54$3.42
Mar 2025Bta Oil272178$68.24$4.12
Feb 2025Bta Oil187176$71.53$4.19
Jan 2025Bta Oil143190$75.74$4.13
Dec 2024Bta Oil298345$70.12$3.01
Nov 2024Bta Oil219163$69.95$2.12
Oct 2024Bta Oil139179$71.99$2.20
Sep 2024Bta Oil216181$70.24$2.28
Aug 2024Bta Oil243176$76.68$1.99
Jul 2024Bta Oil166164$81.80$2.07
Jun 2024Bta Oil122177$79.77$2.54
May 2024Bta Oil232357$80.02$2.12
Apr 2024Bta Oil234178$85.35$1.60
Mar 2024Bta Oil270179$81.28$1.49
Feb 2024Bta Oil228363$77.25$1.72
Jan 2024Bta Oil248168$74.15$3.18
Dec 2023Bta Oil249180$71.90$2.52
Nov 2023Bta Oil229167$77.69$2.71
Oct 2023Bta Oil234350$85.64$2.98
Sep 2023Bta Oil248342$89.43$2.64
Aug 2023Bta Oil268167$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

OperatorLibertad Operating LLCFieldDouble -H- (Grayburg)CountyEctor County

Libertad Operating LLC in Ector County

All Libertad Operating LLC leases →

Double -H- (Grayburg) field

All leases in this field →

New drilling permits in Ector 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 Jun 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 08306, 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.