Your Operators
Know the companies that run your Texas leases.
See how much of your estimated value is with each company, whether their production reports are in, and when a lease changes operator.
7 companies operate your leases · 61% of your estimated value is with one.
Select a company to see its numbers.
A missing production report isn’t a missing payment. Your royalty statement shows what you were paid.
The companies that run your leases, largest first.
The operator runs the wells on a lease and reports its production to the state. The company that pays you may be the operator or another company; your royalty statement shows which. Your Operators lists the operators on your record, largest estimated value first.
State filings write the same company in different ways. We group them by the state’s operator number, so one company isn’t listed twice.
- 1Estimated value today
Our estimate of what the future production from this company’s leases is worth today, for your share. See how it’s counted below.
- 2Their operator number
The state’s own ID for the company, so two spellings of one name are still counted as one company.
- 3How many of your leases they run, and since when
Including leases with no reports in recent years. Many records have a few.
How the estimated value is counted
Estimated value today is our estimate of what the future income from a company’s leases is worth now, for your share. Income usually gets smaller as the wells slow down, and money that arrives years from now counts for less.
More at first, less later as the wells slow.
Money you wait years for counts for less today.
Estimate, not an appraisal or an offer.
Example only · not a real record
Because most of that income comes in later years. A dollar received in six years is worth less than a dollar today, so each year further away is counted lower.
Most wells produce less over time. Prices, new wells and repairs can also change the actual income from year to year.
Not necessarily. Buyers make their own offers. This is a Mineral View estimate, not an appraisal. It is not an offer from anyone to buy, it is not the county appraisal district’s value, and it is not a price you should expect to receive.
Read the full story · 3 quick answers · 1 minWhat is an operator, and why does it matter to you?The operator runs the lease and reports to the state; the company that pays you may be another one…Open ↓Close ↑
The company the state holds responsible for a lease. It runs the wells and reports production to the Railroad Commission of Texas. The company that pays your royalty may be the operator or another company; your royalty statement shows which.
Look up any Texas operator in the directory →Leases operated by Caliche Creek Operating make up 61% of your estimated value. Changes on those leases have more effect on your total estimate. This is a share of our estimate, not of the royalty payments you receive.
Find your record — free →Company names are written different ways on different filings. The state’s operator number keeps one company together.
- The company that pays you may be the operator, a buyer or another company. The operator is the one the state holds responsible for the lease.
- Estimated value today is an estimate, not an appraisal or an offer.
Your portal shows it for each lease on your claimed record.
See which leases are reported, and which aren’t.
Operators report each lease’s production to the Railroad Commission of Texas monthly. Your Operators shows, lease by lease, whether we have that report yet.
| Lease | Report |
|---|---|
| Lease A | REPORTED |
| Lease C | NOT REPORTED YET |
| Lease K | LAST REPORT · 2016 |
Reports in: how many of the last 12 months had a report from every lease, as in the calendar at the top of the page.
12 facts for each operator
Select any fact to see what it means and what to do. (Example: Caliche Creek Operating.)
Their reports, and their share of your estimate
Their production, and your estimated value with them
All 12 facts for each operator on your record. Six are shown above for the example owner; the rest are in your portal.
Find your record — freeRead the full story · 3 short answers · 1 minWhy hasn’t one lease reported when the others have?A late report, a stopped well, or an operator change…Open ↓Close ↑
Each lease is reported on its own. Some reports reach the state later than others, so one lease can be a month behind the rest.
Wells are sometimes stopped for repairs, low prices or a pipeline problem. Its production may be missing or zero while it’s stopped.
When a new company takes over as operator, reports can pause during the change.
A missing report alone doesn’t tell you which of these happened; your operator can confirm the well’s current status. Your portal names the exact lease, so you can ask about it by name and number.
Find your record — free →When a lease changes operator, you’ll see it.
Oil companies sell leases, buy each other and change their names. A change of operator does not by itself change who owns the minerals. The company that pays you, and your division order, can change with it.
- 1Mesquite Basin Oil Co.1998 – 2006 · 8 yr
- Bought out
- 2Llano Flats Oil Co.2006 – 2019 · 13 yr
- Same company, new name
- 3Llano Flats Energy LLC2019 – Feb 2023 · 4 yr
- Leases sold
- 4Brazos Ridge Energy · runs it todayMarch 2023 – today · 3 yr
Another company buys the lease and becomes the operator. The company that pays you may change too.
A company buys the whole operator, and your lease moves with it.
The same company with a new name. Your statements and division order can still change.
One thing the record can’t show: when a parent company is sold but keeps its operating name, nothing changes on the state’s record.
- 1Each operator of each lease
With the dates each one operated it, back to the first on record.
- 2Who runs it today, and for how long
The current operator is marked, so you know who to call.
- 3Production shown under each operator
Two years of monthly gas and oil, shown under the company that operated the lease that month.
Read the full story · 3 things to check · 1 minThe company that pays me changed. What should I check?That your payments continued, that they’re going to your address, and any new division order…Open ↓Close ↑
Compare the last statement from the old company with the first from the new one. If production months seem to be missing, ask the new company why.
Your monthly history is in My Leases →The new company sets up its own records. Make sure checks and tax forms are going to you.
If the new company sends a division order, check that your interest and payment address are correct. You may also compare your first statement from the new company with the last one from the old company.
What’s a division order? See the glossary →Your portal shows each change, for each lease on your claimed record.
Create a free account →Questions you can answer.
Most owners only know a company as a name on a royalty statement. The record behind it answers the questions that name can’t.
If it’s most of it, changes on that company’s leases have the most effect on your estimate. Their statements are the ones to read most closely.
Compare it with the range your share usually moves across. One low month inside that range can be normal; a month below it may be worth asking about.
You’ll see what your other operators run for you, so one company’s missing month doesn’t look like your whole record.
Read the full story · 3 practical tips · 1 minWhat should I do with all this?If you’ve inherited minerals, how to ask an operator a question, and keeping records after an operator change…Open ↓Close ↑
Start by finding out who runs each lease. Keep your royalty statements, division orders and ownership papers together. Your payment decimal is on your division order.
Find your record — free →Keep it short and specific, by lease name and number. Clear questions get faster answers.
Keep the last statement from the old company and the first from the new one, and give the company that pays you your current address. Payments that can’t reach you can end up with the Texas unclaimed property program.
Your portal keeps every operator, lease and change in one place.
See who runs your leases — free.
Search county appraisal records for your name.
Tip: use just your first and last name. Claiming connects your workspace to a record. It does not establish ownership, title or entitlement to payment.
mineral owners have joined Mineral View