Skip to content
Royalty Clerk

Operator report card · RRC P-5 383192

Hexp Operating, LLC report card

What the public record shows about Hexp Operating, LLC: 13 producing leases in 2 Texas counties, output down 29% on the year, 0 leases gained and 101 left in 24 months. Every line names its source.

All leases and productionCheck my statement
Hexp Operating, LLCUpdated Oct 2, 2026What is known, from whom. No grades.
  1. Producing leases13
    State recordin 2 counties, reported through Jul 2026
  2. Oil, last 12 months against the 12 before−29%
    State record120,442 bbl
  3. Leases gained and left, 24 months+0 / −101
    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 Hexp 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 Hexp Operating, LLC, 12 months to 2026/07
184k2024169k2025120k2026

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

  • Oil: 120,442 barrels in the 12 months to Jul 2026, −28.5% on the 12 months before.
  • Gas: 57,018 mcf, −83.7% on the year before.
  • Source: Railroad Commission of Texas, Production Data Query, file dated Sep 18, 2026. Open the source.

Leases gained and left

Leases Hexp 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 (0)

None in the last 24 months.

Left (101)

  • Reed Wright "B"Cochran County · District 8A, lease 62523 · reported under another operator after Mar 2026
  • Seaboard-WrightCochran County · District 8A, lease 03896 · reported under another operator after Mar 2026
  • Wright, Stuart P.Cochran County · District 8A, lease 63022 · reported under another operator after Mar 2026
  • RubyYoakum County · District 8A, lease 70727 · reported under another operator after Jan 2026
  • PlatinumYoakum County · District 8A, lease 70807 · reported under another operator after Jan 2026
  • SapphireCochran County · District 8A, lease 70806 · reported under another operator after Jan 2026

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 Hexp Operating, LLC's oil and gas

Redbud Energy Marketing LLC is listed on 13 of 13 producing leases. Your royalty is figured on what the lease sold, whoever pays you.
Current gatherers and purchasers on Hexp Operating, LLC's producing leases
CompanyRoleLeasesof 13Shareof its leases
Redbud Energy Marketing LLCGatherer13100%

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 Hexp Operating, LLC has permitted

0 drilling permits in the last 12 months. The newest was issued Jan 13, 2025. A permit is a plan to drill, not proof of a well or of anyone's ownership.

Recent drilling permits for Hexp Operating, LLC

Railroad Commission drilling permits.

What owners' statements show

Statements from Hexp Operating, LLC owners

Owners upload Hexp 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 Hexp 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.

Check my statement

FAQ

Questions people ask

What is on the Hexp 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 Hexp 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 Hexp 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 Hexp Operating, LLC.

Check my statement

Related

Keep going

Get checks from Hexp 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.

Check my statement

Sources

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