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Texas operator · RRC P-5 238475

E2 Operating LLC

E2 Operating LLC runs 41 producing leases in 3 Texas counties. The Railroad Commission shows 27,175 barrels of oil and 76,271 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 3 counties

27,175bbl oil, last 12 months−30% vs prior year
Producing leases
41of 73 on record
Counties
3
Biggest county
Madison County

Get checks from E2 Operating LLC?

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

Lipscomb County: 2 producing leasesMadison County: 36 producing leasesOchiltree County: 3 producing leasesLipscombMadisonOchiltree
3 counties with producing leasesClick a county to open it
Gas, last 12 months
76,271 mcf
RRC operator no.
238475
Leases on record
73
Data through
Jul 2026

Production

Five years of E2 Operating LLC output

Monthly totals across every lease the Railroad Commission lists under this operator. When the operator buys or sells leases, its total moves with them.

Oil output from E2 Operating LLC fell 30% over the last 12 months

27.2k bbl in the 12 months through Jul 2026, against 38.9k bbl in the 12 months before. Peak month: Mar 2024, 5,787 bbl.

Oil output from E2 Operating LLC fell 30% over the last 12 months27.2k bbl in the 12 months through Jul 2026, against 38.9k bbl in the 12 months before. Peak month: Mar 2024, 5,787 bbl.Oil, bbl per month02,0004,0006,000Peak 5,787 (Mar 24)2,86920222023202420252026
Oil output from E2 Operating LLC fell 30% over the last 12 months27.2k bbl in the 12 months through Jul 2026, against 38.9k bbl in the 12 months before. Peak month: Mar 2024, 5,787 bbl.Oil, bbl per month02,0004,0006,000Peak 5,787 (Mar 24)2,869'22'23'24'25'26

Gas output from E2 Operating LLC fell 31% over the last 12 months

76.3k mcf in the 12 months through Jul 2026, against 111k mcf in the 12 months before. Peak month: Aug 2023, 26.9k mcf.

Gas output from E2 Operating LLC fell 31% over the last 12 months76.3k mcf in the 12 months through Jul 2026, against 111k mcf in the 12 months before. Peak month: Aug 2023, 26.9k mcf.Gas, mcf per month010k20k30kPeak 26.9k (Aug 23)10.2k20222023202420252026
Gas output from E2 Operating LLC fell 31% over the last 12 months76.3k mcf in the 12 months through Jul 2026, against 111k mcf in the 12 months before. Peak month: Aug 2023, 26.9k mcf.Gas, mcf per month010k20k30kPeak 26.9k (Aug 23)10.2k'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 238475. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

E2 Operating LLC leases, biggest first

Find the lease printed on your statement. Filter by county, sort by output or by change over the year, and open any lease for its ledger.

Showing 25 of 41.

SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.

How to read the statement

How to read an E2 Operating LLC royalty statement

Every operator lays out its stub differently, but the same seven parts are on all of them. This guide is a template, with what public records tell us about E2 Operating LLC added where they help. We have not catalogued E2 Operating LLC’s exact layout yet.
  1. 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 knowE2 Operating LLC is Railroad Commission operator 238475. The name on your check may be a parent company or a payment subsidiary.

  2. 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 knowE2 Operating LLC runs 41 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.

  3. 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 BARTON 347, MANNING or TURNER and read the “oil sold” and “gas sold” columns.

  4. 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.

  5. 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.

    What we knowAbout 76% of the gas E2 Operating LLC reported in the last 12 months went to processing plants, so expect processing and plant-product lines on gas statements. Another 23% went straight to a pipeline.

  6. 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.

  7. 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

E2 Operating LLC

RRC operator number (P-5)
238475
Producing leases
41
Counties
3
Biggest county
Madison County
Oil, last 12 months
27,175 bbl
Gas sent to plants
76%
Gas sold to pipelines
23%
Gas flared or vented
0.0%

Owner relations

Who to call at E2 Operating LLC

We have not yet added E2 Operating LLC’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 238475.

When there is something to ask

We write the question for you, with the numbers behind it, and a letter you can send.
Check an E2 Operating LLC statement