Texas operator · RRC P-5 480254
L R Operating Co.
L R Operating Co. runs 0 producing leases in 0 Texas counties. The Railroad Commission shows 0 barrels of oil and 0 mcf of gas in the 12 months through Jul 2026.
Operator dossier · 0 counties
- Producing leases
- 0
- Counties
- 0
Get checks from L R Operating Co.?
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.
- RRC operator no.
- 480254
- Leases on record
- 0
- Data through
- Jul 2026
- Fields
- 0
Production
Five years of L R Operating Co. output
Gas output from L R Operating Co. fell 100% over the last 12 months
0 mcf in the 12 months through Jul 2026, against 930 mcf in the 12 months before. Peak month: Aug 2021, 640 mcf.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 480254. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
L R Operating Co. leases, biggest first
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Showing 0 of 0.
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 L R Operating Co. produces
Counties, by L R Operating Co. oil
Nothing reported in this period.
Fields, by L R Operating Co. oil
Nothing reported in this period.
Recent drilling permits for L R Operating Co.
No recent drilling permits for L R Operating Co. are in our data yet.
How to read the statement
How to read a L R Operating Co. 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 knowL R Operating Co. is Railroad Commission operator 480254. 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.
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.
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
L R Operating Co.
- RRC operator number (P-5)
- 480254
- Producing leases
- 0
- Counties
- 0
- Oil, last 12 months
- 0 bbl
Owner relations
Who to call at L R Operating Co.
We have not yet added L R Operating Co.’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 480254.
When there is something to ask