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Railroad Commission record · Aug 2024 to Jul 2026 · Texas

Texas operator changes

In the 24 months through Jul 2026, 44,330 leases in Texas changed operator, in 46,035 changes. The biggest single transfer moved 2,683 leases from Epic Permian Operating, LLC to Scout Energy Management LLC.

Leases changed
44,330
Share of leases
20%of 222,614 on record
Different pairs
1,838
Operators gaining
1,039

Leases changing operator, by month

peak 6,100

Aug 2024: 1,981 leasesSep 2024: 2,572 leasesOct 2024: 1,526 leasesNov 2024: 1,196 leasesDec 2024: 639 leasesJan 2025: 3,960 leasesFeb 2025: 4,654 leasesMar 2025: 1,388 leasesApr 2025: 1,472 leasesMay 2025: 528 leasesJun 2025: 618 leasesJul 2025: 859 leasesAug 2025: 1,192 leasesSep 2025: 2,426 leasesOct 2025: 689 leasesNov 2025: 1,842 leasesDec 2025: 2,942 leasesJan 2026: 4,278 leasesFeb 2026: 587 leasesMar 2026: 1,523 leasesApr 2026: 766 leasesMay 2026: 6,100 leasesJun 2026: 539 leasesJul 2026: 1,758 leases

The tallest bar is May 2026, when 6,100 leases first reported under a new operator.

Leases that changed operator, by month
MonthLeases
Aug 20241,981
Sep 20242,572
Oct 20241,526
Nov 20241,196
Dec 2024639
Jan 20253,960
Feb 20254,654
Mar 20251,388
Apr 20251,472
May 2025528
Jun 2025618
Jul 2025859
Aug 20251,192
Sep 20252,426
Oct 2025689
Nov 20251,842
Dec 20252,942
Jan 20264,278
Feb 2026587
Mar 20261,523
Apr 2026766
May 20266,100
Jun 2026539
Jul 20261,758

Biggest transfers · Texas

Who took over from whom

Operator pairs ranked by the number of leases that moved from the first company to the second. Overlap months, where both reported, count once.
  1. From Epic Permian Operating, LLC

    To Scout Energy Management LLC

    2,683 leasesFeb 2025

    Most inCrockett 2,665Val Verde 6Edwards 6

  2. From Scout Energy Management LLC

    To Burk Royalty Co., Ltd.

    2,260 leasesMay 2026

    Most inMoore 889Potter 505Sherman 430

  3. From Endeavor Energy Resources L.P.

    To Diamondback E&P LLC

    1,428 leasesJan 2025 to Feb 2025

    Most inMidland 466Martin 436Reagan 265

  4. From Crescent Pass Energy, LLC

    To Diversified Production LLC

    1,337 leasesAug 2024 to Jan 2025

    Most inFreestone 511Limestone 320Robertson 157

  5. From Sheridan Production Co III, LLC

    To Diversified Production LLC

    1,324 leasesMay 2025 to Jun 2026

    Most inPanola 1,135Harrison 185Rusk 4

  6. From Vital Energy, Inc.

    To Crescent Energy Operating, LLC

    1,253 leasesJan 2026 to Mar 2026

    Most inGlasscock 362Reeves 253Reagan 192

  7. From Diversified Production LLC

    To Eagleridge Operating, LLC

    1,139 leasesJul 2026

    Most inHood 428Tarrant 247Hill 166

  8. From Silverbow Resources Oper, LLC

    To Crescent Energy Operating, LLC

    1,134 leasesMay 2026 to Jun 2026

    Most inWebb 433Dimmit 242LA Salle 182

  9. From Bedrock Production, LLC

    To BKV Barnett II, LLC

    1,113 leasesSep 2025 to Jan 2026

    Most inParker 324Wise 261Tarrant 232

  10. From Javelin Energy Partners Mgmt LLC

    To Formentera Operations LLC

    1,081 leasesDec 2025

    Most inJohnson 768Tarrant 136Parker 134

  11. From Amplify Energy Operating LLC

    To Eqv Operating LLC

    809 leasesJan 2026

    Most inPanola 355Rusk 170Shelby 108

  12. From Sabine Oil & Gas Corporation

    To Sabine Energy Inc.

    743 leasesJan 2026

    Most inRusk 408Harrison 201Panola 103

  13. From Scout Energy Management LLC

    To High River Res Operating, LLC

    723 leasesDec 2024 to Mar 2025

    Most inCarson 350Moore 235Hutchinson 92

  14. From Cimarex Energy Co.

    To Coterra Energy Operating Co.

    715 leasesNov 2025

    Most inCulberson 483Reeves 228Pecos 4

A change is a lease whose reporting operator differs from the one before it in the Railroad Commission production data, first reported between Aug 2024 and Jul 2026. The record shows who reports the lease, not what was sold.

Latest three months

Producing leases that just changed

The largest producing leases in Texas whose operator first reported in the last three months of the record.
  1. Levelland Unit, Hockley

    Occidental Permian Ltd. to Occidental Permian EOR, LLC

    May 2026 · 1,018,856 bbl in 12 months

  2. West Sundown Unit, Hockley

    OXY USA Inc. to OXY USA EOR, LLC

    May 2026 · 868,261 bbl in 12 months

  3. Pge Browne, Webb

    Silverbow Resources Oper, LLC to Crescent Energy Operating, LLC

    May 2026 · 516,224 bbl in 12 months

  4. Southeast Levelland Unit, Hockley

    Occidental Permian Ltd. to Occidental Permian EOR, LLC

    May 2026 · 489,443 bbl in 12 months

  5. Cedar Lake Unit, Gaines

    Occidental Permian Ltd. to Hilcorp Energy Company

    May 2026 · 493,212 bbl in 12 months

  6. Central Mallet Unit, Hockley

    Occidental Permian Ltd. to Hilcorp Energy Company

    May 2026 · 452,200 bbl in 12 months

  7. Wiley Post State Unit, Reeves

    Upcurve Energy, LLC to Perun Energy LLC

    May 2026 · 346,764 bbl in 12 months

  8. Slaughter Consolidated, Hockley

    Occidental Permian Ltd. to Hilcorp Energy Company

    May 2026 · 336,292 bbl in 12 months

  9. West RKM Unit, Hockley

    Occidental Permian Ltd. to Occidental Permian EOR, LLC

    May 2026 · 383,626 bbl in 12 months

  10. Slaughter Estate Unit, Hockley

    Occidental Permian Ltd. to Hilcorp Energy Company

    May 2026 · 350,219 bbl in 12 months

  11. Washburn Ranch 02, LA Salle

    Silverbow Resources Oper, LLC to Crescent Energy Operating, LLC

    May 2026 · 251,739 bbl in 12 months

  12. Pge Browne C, Webb

    Silverbow Resources Oper, LLC to Crescent Energy Operating, LLC

    May 2026 · 271,835 bbl in 12 months

  13. Baxter, Reeves

    Tog Operating, LLC to U.S. Energy Development Corp

    Jun 2026 · 252,706 bbl in 12 months

  14. Baxter, Reeves

    Tog Operating, LLC to U.S. Energy Development Corp

    Jun 2026 · 237,493 bbl in 12 months

  15. Pge Browne B, Webb

    Silverbow Resources Oper, LLC to Crescent Energy Operating, LLC

    May 2026 · 169,693 bbl in 12 months

  16. Will Rogers State 4-3 Unit A, Reeves

    Upcurve Energy, LLC to Perun Energy LLC

    May 2026 · 194,301 bbl in 12 months

  17. Faith-San Pedro, Dimmit

    Silverbow Resources Oper, LLC to Crescent Energy Operating, LLC

    May 2026 · 130,734 bbl in 12 months

  18. Burgundy Unit, Reeves

    Tog Operating, LLC to U.S. Energy Development Corp

    Jun 2026 · 188,447 bbl in 12 months

For a royalty owner

What a change means for your check

An operator change does not change your lease or your decimal. It changes who pays you, and that is where checks go astray.

The new payor must send you written notice within the time it has to pay you. NRC §91.407 Look for it as a letter, a division order or a note on the stub. If it never came, ask for it.

Compare the months on either side of the change. A month can fall between two companies, each assuming the other paid it. Interest is owed on late payments unless proceeds were properly withheld. NRC §91.403

A new operator often sends a new division order. It may contain only the items listed in section 91.402(c), and you may refuse the rest. See what it may say

What to do after an operator change has the steps and the letter to send.

FAQ

Questions people ask

How do I find out if the operator of my lease changed?

Look the lease up by the name on your royalty stub. Every lease page lists each operator that reported it, with the first and last month of each. A change in the last 24 months is also flagged in the results below when you pick your county.

Look up your lease

What does a change of operator mean for my royalty check?

It puts a new company in charge of paying you. Under Natural Resources Code section 91.407 the new payor must give you written notice, within the time it has to pay, with the property name and number, the sales month, an address and phone number for questions, and a description of the property. Your lease and your decimal do not change because of the switch alone, but the months on either side of it are where a payment can be missed.

What to do after an operator change

Why did my royalty check come from a different company?

The company that pays royalty is the payor, and it is usually the operator of the lease. When a lease is sold or the operator changes, the payor changes with it. The state record shows the month the new operator first reported the lease, which is the best guide to when your payor changed.

Who took over the most Texas leases in the last 24 months?

In the Railroad Commission's production data for Aug 2024 to Jul 2026, the largest transfer was Epic Permian Operating, LLC to Scout Energy Management LLC: 2,683 leases, first reported in Feb 2025.

Where does this data come from?

From the Railroad Commission's production data, which records the operator that reported each lease each month. A change is counted when the operator reporting a lease is different from the one before it. The record shows who reports a lease, not who owns the minerals or the working interest, so a sale that keeps the same operator does not appear.

Railroad Commission production data query

Will a new operator ask me to sign a new division order?

Often, yes. A payor may require a signed division order as a condition of payment if it contains only the provisions listed in section 91.402(c). If it contains extra provisions and you refuse to sign, the payor may not withhold payment solely because of that.

What a division order may say

Did your operator change? Check the months around it.

The audit lines your statements up against the state record and points to the months either side of a change.