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Royalty Clerk

Texas oil lease · RRC district 06 · Lease 15488

Producing

UNIT E

Unit E is an oil lease in Wood County, Texas, operated by Gaither Petroleum Corporation in the Forest Hill (Harris Sand) field. The Railroad Commission shows 504 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 11 wells

504bbl oil, last 12 months+15% vs prior year
Operator
Gaither Petroleum Corporation
County
Wood County
Field
Forest Hill (Harris Sand)
RRC lease
06-15488

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County · RRC district 06Open Wood County →
Oil in Jul 2026
34 bbl
Reporting to the state
since Jan 2020
Wells
11
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 15% over the last 12 months

504 bbl in the 12 months through Jul 2026, against 440 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 15% over the last 12 monthsMonthly oil production for UNIT E, Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 504 bbl in the 12 months through Jul 2026, against 440 bbl in the 12 months before.Last 12 months: 504 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 15% over the last 12 monthsMonthly oil production for UNIT E, Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 504 bbl in the 12 months through Jul 2026, against 440 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 15488, district 06. 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.

Gaither Petroleum Corporation has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeGaither Petroleum Corporation, Jan 2020 to Jul 20262020202120222023202420252026Gaither Petroleum CorporationJan 2020 to nowthrough Jul 2026
Operators of this lease over timeGaither Petroleum Corporation, Jan 2020 to Jul 20262020202120222023202420252026Gaither Petroleum CorporationJan 2020 to nowthrough Jul 2026

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

Wells

11 wells on this lease

Every well the Railroad Commission links to oil lease 15488 in district 06. The API number is the state’s ID for a well.
Wells on UNIT E
API numberWell no.Status
42-499-010824Active
42-499-0109024AShut-in
42-499-300323AShut-in
42-499-3068537Active
42-499-3070243Shut-in
42-499-30773231AShut-in
42-499-3077525Shut-in
42-499-3081556Shut-in
42-499-3145190Active
42-499-31498205Shut-in
42-499-31557202Shut-in

SourceTexas Railroad Commission Wellbore Query, district 06, lease 15488.

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

    Energy Trans Crude Marketing LLC, Plains Marketing, L.p. and Wood County gather it.

    Energy Trans Crude Marketing LLC gathers it: 60% of it, on the list since Mar 1, 2026 · Plains Marketing, L.p. gathers it: 30% of it, on the list since Mar 1, 2026 · Wood County gathers it: 10% of it, on the list since Mar 1, 2026

Companies that used to be listed: Dk Trading & Supply, LLC (gathers it, until Mar 1, 2026); Plains Marketing, L.p. (gathers it, until Mar 1, 2026); Dk Trading & Supply, LLC (gathers it, until Mar 17, 2025); Ace Gathering, Inc. (gathers it, until Sep 1, 2024); Lion Oil Trading & Trans, LLC (gathers it, until Sep 1, 2024); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Sep 1, 2024).

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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,959 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
1111 not plugged
Horizontal
0
First completion
Jun 8, 1966
Latest permit
Sep 2, 1997

The wells on this lease state different acreage

The permits state between 1,656 and 1,959 acres. Use the acres from your own division order for the well you are paid on.

11 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Unit E
API numberWell no.Acreson the permit
42-499-314982051,959
42-499-315572021,959
42-499-31451901,959
42-499-300323A1,915
42-499-30815561,861
42-499-30773231A1,861
42-499-30775251,861
42-499-30702431,656
42-499-30685371,656
42-499-010824–
42-499-0109024A–

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.

Check my decimal against the unit

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 UNIT E 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 UNIT E
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Gaither Petroleum340$80.46$2.89
Jun 2026Gaither Petroleum280$84.81$3.15
May 2026Gaither Petroleum190$102.13$2.94
Apr 2026Gaither Petroleum90$100.32$2.77
Mar 2026Gaither Petroleum150$91.38$3.04
Feb 2026Gaither Petroleum290$64.51$3.62
Jan 2026Gaither Petroleum340$60.04$7.72
Dec 2025Gaither Petroleum4099$57.97$4.26
Nov 2025Gaither Petroleum184311$60.06$3.79
Oct 2025Gaither Petroleum4785$60.89$3.19
Sep 2025Gaither Petroleum32100$63.96$2.97
Aug 2025Gaither Petroleum33118$64.86$2.91
Jul 2025Gaither Petroleum2695$68.39$3.20
Jun 2025Gaither Petroleum260$68.17$3.02
May 2025Gaither Petroleum80$62.17$3.12
Apr 2025Gaither Petroleum190$63.54$3.42
Mar 2025Gaither Petroleum1432$68.24$4.12
Feb 2025Gaither Petroleum51101$71.53$4.19
Jan 2025Gaither Petroleum290$75.74$4.13
Dec 2024Gaither Petroleum300$70.12$3.01
Nov 2024Gaither Petroleum1690$69.95$2.12
Oct 2024Gaither Petroleum350$71.99$2.20
Sep 2024Gaither Petroleum270$70.24$2.28
Aug 2024Gaither Petroleum60$76.68$1.99
Jul 2024Gaither Petroleum60$81.80$2.07
Jun 2024Gaither Petroleum40$79.77$2.54
May 2024Gaither Petroleum50$80.02$2.12
Apr 2024Gaither Petroleum80$85.35$1.60
Mar 2024Gaither Petroleum30$81.28$1.49
Feb 2024Gaither Petroleum80$77.25$1.72
Jan 2024Gaither Petroleum90$74.15$3.18
Dec 2023Gaither Petroleum70$71.90$2.52
Nov 2023Gaither Petroleum50$77.69$2.71
Oct 2023Gaither Petroleum60$85.64$2.98
Sep 2023Gaither Petroleum80$89.43$2.64
Aug 2023Gaither Petroleum100$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

OperatorGaither Petroleum CorporationFieldForest Hill (Harris Sand)CountyWood County

Gaither Petroleum Corporation in Wood County

All Gaither Petroleum Corporation leases →

Forest Hill (Harris Sand) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • TRACT 5

    166 bbl last 12 months · 0.2 km away

  • WEEMS - KING

    0 bbl last 12 months · 0.3 km away

  • KING

    0 bbl last 12 months · 0.3 km away

  • WHITE, J. B.

    128 bbl last 12 months · 0.4 km away

  • UNIT B

    601 bbl last 12 months · 0.4 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 15488, district 06, 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.