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Royalty Clerk

Operator report card · RRC P-5 182800

Covenant Operating, LLC report card

What the public record shows about Covenant Operating, LLC: 25 producing leases in 6 Texas counties, output down 17% on the year, 1 leases gained and 0 left in 24 months. Every line names its source.

All leases and productionCheck my statement
Covenant Operating, LLCUpdated Oct 2, 2026What is known, from whom. No grades.
  1. Producing leases25
    State recordin 6 counties, reported through Jul 2026
  2. Oil, last 12 months against the 12 before−17%
    State record30,281 bbl
  3. Leases gained and left, 24 months+1 / −0
    State recordtaken over from, or passed to, another operator
  4. What owners' statements shownot enough owners yet
    Owner statementsshown when 5 or more owners agree

Scale and direction

How much Covenant Operating, LLC produces, and which way it is moving

Totals across every lease the Railroad Commission lists under this operator. A change in the total can be a change in the leases, so the next section shows the leases gained and left.
Oil from Covenant Operating, LLC, 12 months to 2026/07
41.1k202436.6k202530.3k2026

Barrels, all leases, each bar the 12 months ending in that year's latest month, whole lease.

  • Oil: 30,281 barrels in the 12 months to Jul 2026, −17.2% on the 12 months before.
  • Source: Railroad Commission of Texas, Production Data Query, file dated Sep 18, 2026. Open the source.

Leases gained and left

Leases Covenant Operating, LLC took over and passed on, last 24 months

A lease changes hands when the Railroad Commission's production reports switch from one operator to another. The lists show the biggest first; your statement's payor changes the month the reports do.

Gained (1)

  • Waggoner, J. & J.Wichita County · District 09, lease 06296 · from another operator since May 2025

Left (0)

None in the last 24 months.

Do your checks come from a different company than they did? See who took over whose leases, or read what the codes on a stub mean.

Who buys and moves its production

The companies that gather and buy Covenant Operating, LLC's oil and gas

Ptt Premier Trading and Tran LLC is listed on 23 of 25 producing leases. Your royalty is figured on what the lease sold, whoever pays you.
Current gatherers and purchasers on Covenant Operating, LLC's producing leases
CompanyRoleLeasesof 25Shareof its leases
Ptt Premier Trading and Tran LLCGatherer2392%
Sentinel Transportation, LLCGatherer2288%
Energy Transfer Marketing & TermGatherer14%
Energy Trans Crude Marketing LLCGatherer14%
Sunoco Ptnrs. Mktg.&terminals LPGatherer14%

Railroad Commission P-4 filings, the newest one listing gatherers and purchasers for each lease. A lease can list more than one company.

Who buys my oil and gas? takes your own lease.

Drilling activity

Wells Covenant Operating, LLC has permitted

0 drilling permits in the last 12 months. The newest was issued Feb 4, 2025. A permit is a plan to drill, not proof of a well or of anyone's ownership.

Recent drilling permits for Covenant Operating, LLC

Railroad Commission drilling permits.

What owners' statements show

Statements from Covenant Operating, LLC owners

Owners upload Covenant Operating, LLC statements to Royalty Clerk, and a figure is published only when 5 or more different owners are behind it. There are not enough yet.

Be one of the five

Upload a Covenant Operating, LLC statement and it counts, without your name, toward this comparison once enough owners have done the same. Your check is free, and you can opt out in one click.

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FAQ

Questions people ask

What is on the Covenant Operating, LLC report card?

the scale and direction of its output, leases it gained and left, who buys and moves its production and its drilling permits. Each line says where it comes from: Railroad Commission records, SEC filings, or statements uploaded by owners, and there is no grade or rank.

When does Covenant Operating, LLC have to pay my royalties?

The first payment is due 120 days after the end of the month of first sale from the well. After that, payment follows your lease or written agreement, and if that is silent, no later than 60 days after the end of the month for oil and 90 days for gas (Natural Resources Code section 91.402).

Where do the owner figures come from?

From statements owners uploaded to Royalty Clerk. A figure appears only when 5 or more different owners are behind it, each owner counts once, and we show a middle value and the middle half, never one owner's line. Owners can opt out and the figures are rebuilt without them.

How the comparison is built

My check from Covenant Operating, LLC looks low. What do I do?

Upload the stub or a photo. We compare each line with the state's numbers for your lease and the Texas first purchase price for the month, and tell you what to ask Covenant Operating, LLC.

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Related

Keep going

Get checks from Covenant Operating, LLC?

Upload a stub or a phone photo. We compare every month with the state numbers for the lease and tell you what to ask.

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Sources

Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.