Texas operator · RRC P-5 103478
Graystone Operating, LLC
Graystone Operating, LLC runs 15 producing leases in 2 Texas counties. The Railroad Commission shows 6,958 mcf of gas and 29 barrels of oil in the 12 months through Jul 2026.
Operator dossier · 2 counties
- Producing leases
- 15of 19 on record
- Counties
- 2
- Biggest county
- Palo Pinto County
- Biggest field
- Cockrell (Strawn)
Get checks from Graystone 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
- Oil, last 12 months
- 29 bbl
- RRC operator no.
- 103478
- Leases on record
- 19
- Data through
- Jul 2026
Production
Five years of Graystone Operating, LLC output
Gas output from Graystone Operating, LLC: 6,958 mcf in the last 12 months
6,958 mcf in the 12 months through Jul 2026. Peak month: Aug 2025, 785 mcf.
Oil output from Graystone Operating, LLC: 29 bbl in the last 12 months
29 bbl in the 12 months through Jul 2026. Peak month: May 2026, 16 bbl.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 103478. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
Graystone Operating, LLC leases, biggest first
1,216mcf gas−45% on the year before
958mcf gas−42% on the year before
838mcf gas+2% on the year before
833mcf gas+5% on the year before
757mcf gas−3% on the year before
29bbl oilno full prior year
619mcf gas−44% on the year before
546mcf gas+19% on the year before
541mcf gas+68% on the year before
491mcf gas+20% on the year before
321mcf gas−41% on the year before
317mcf gas−74% on the year before
104mcf gas−75% on the year before
104mcf gas−75% on the year before
97mcf gas+19% on the year before
Showing 15 of 15.
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 Graystone Operating, LLC produces
Counties, by Graystone Operating, LLC gas
Parker County leads
Fields, by Graystone Operating, LLC gas
Cockrell (Strawn) leads
- Cockrell (Strawn)3 producing leases · District 7B · Field 192807001,920mcf
- Dennis, West (Strawn)3 producing leases · District 7B · Field 242823001,426mcf
- Graford (Congl. 4150)1 producing lease · District 7B · Field 362587501,216mcf
- J. V. T. (Congl. 4250)1 producing lease · District 7B · Field 45214250958mcf
- Palo Pinto Co. Reg. (Gas)2 producing leases · District 7B · Field 68707333940mcf
- Lipan (Marble Falls)1 producing lease · District 7B · Field 53826400757mcf
- Burns-Dalton(marble Falls)3 producing leases · District 7B · Field 13764500525mcf
- Graford (Ellenburger)1 producing lease · District 7B · Field 3625880076mcf
Recent drilling permits for Graystone Operating, LLC
No recent drilling permits for Graystone Operating, LLC are in our data yet.
How to read the statement
How to read a Graystone Operating, LLC 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 knowGraystone Operating, LLC is Railroad Commission operator 103478. 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 knowGraystone Operating, LLC runs 15 producing leases across 2 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 ROGERS, ROGERS or ADDISON-TARPON 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.
What we knowGas is most of what Graystone Operating, LLC reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil 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.
What we knowAbout 100% of the gas Graystone Operating, LLC reported in the last 12 months went to processing plants, so expect processing and plant-product lines on gas statements. Another 0.0% went straight to a pipeline.
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
Graystone Operating, LLC
- RRC operator number (P-5)
- 103478
- Producing leases
- 15
- Counties
- 2
- Biggest county
- Palo Pinto County
- Oil, last 12 months
- 29 bbl
- Gas sent to plants
- 100%
- Gas sold to pipelines
- 0.0%
- Gas flared or vented
- 0.0%
Owner relations
Who to call at Graystone Operating, LLC
We have not yet added Graystone 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 103478.
When there is something to ask