Texas operator · RRC P-5 101981
314 Operating
314 Operating runs 9 producing leases in 3 Texas counties. The Railroad Commission shows 4,611 barrels of oil and 0 mcf of gas in the 12 months through Jul 2026.
Operator dossier · 3 counties
- Producing leases
- 9
- Counties
- 3
- Biggest county
- Mitchell County
- Biggest field
- Sharon Ridge (1700)
Get checks from 314 Operating?
Upload a royalty check stub or a phone photo. We compare each month with the state numbers for the lease and tell you what to ask.
Where they work
fewermore
- RRC operator no.
- 101981
- Leases on record
- 9
- Data through
- Jul 2026
- Fields
- 4
Production
Five years of 314 Operating output
Oil output from 314 Operating fell 9% over the last 12 months
4,611 bbl in the 12 months through Jul 2026, against 5,068 bbl in the 12 months before. Peak month: Mar 2024, 494 bbl.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 101981. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
314 Operating leases, biggest first
1,517bbl oil−1% on the year before
852bbl oil−1% on the year before
713bbl oil−8% on the year before
560bbl oil−16% on the year before
364bbl oil−11% on the year before
284bbl oil−4% on the year before
253bbl oil−4% on the year before
59bbl oil−75% on the year before
9bbl oil−67% on the year before
Showing 9 of 9.
SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.
Where they work
Counties and fields where 314 Operating produces
Counties, by 314 Operating oil
Mitchell County leads
Fields, by 314 Operating oil
Sharon Ridge (1700) leads
- Sharon Ridge (1700)5 producing leases · District 8A · Field 827104983,577bbl
- Westbrook, East (Clear Fork)2 producing leases · District 08 · Field 96565500966bbl
- Maynard Creek (Strawn)1 producing lease · District 7C · Field 5868965059bbl
- Sharon Ridge (Clear Fork)1 producing lease · District 8A · Field 827101669bbl
Recent drilling permits for 314 Operating
No recent drilling permits for 314 Operating are in our data yet.
How to read the statement
How to read a 314 Operating royalty statement
The header: who paid you, and for which check
Look for the payor name, your owner number, the check number and the check date. Keep the owner number: every call or letter to the operator starts with it.
What we know314 Operating is Railroad Commission operator 101981. The name on your check may be a parent company or a payment subsidiary.
The property line: which lease this is
Each lease you own in gets its own block, named as the operator names it. That name can be shorter than the state's, or carry a suffix such as a well number or unit letter.
What we know314 Operating runs 9 producing leases across 3 counties, so one check can list many properties. Find yours in the table above by name, or search for the name printed on the stub.
Product and volume: barrels, mcf, and the month
The stub shows the production month (the production month, not the check month), the product and your share of the volume. Divide your volume by your decimal to get the lease total, then compare it with the lease page.
What we knowFor example, open MCPHAUL, D. P., IRBY, JESTANY M. or PACE, P. H. "A" and read the “oil sold” and “gas sold” columns.
Price: what the operator says it got
Oil is usually close to the WTI benchmark for the month. Gas prices vary widely: they depend on where the gas is sold and on what the operator subtracts before it reports a price.
Deductions: gathering, compression, processing
Costs taken after the well. Some leases allow them and some do not; your lease and division order say which. A deduction that appears in one month and not the next is worth a question.
Taxes: severance and ad valorem
Texas severance tax is taken from your share: 4.6% of oil value and 7.5% of gas value at market. Ad valorem tax may also appear. The rate on your stub should match these.
Net: gross, minus deductions and taxes, times your share
Check the arithmetic: volume times price gives gross value, then subtract deductions and taxes. If the net does not match your check, or a month is missing, that is the first thing to ask about.
At a glance
314 Operating
- RRC operator number (P-5)
- 101981
- Producing leases
- 9
- Counties
- 3
- Biggest county
- Mitchell County
- Oil, last 12 months
- 4,611 bbl
Owner relations
Who to call at 314 Operating
We have not yet added 314 Operating’s owner relations phone, mailing address or online portal. It is usually printed at the top or bottom of your statement. The Railroad Commission also holds an address for the operator under number 101981.
When there is something to ask