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Royalty Clerk

Texas operator · RRC P-5 567103

Milestone Operating, Inc.

Milestone Operating, Inc. runs 25 producing leases in 3 Texas counties. The Railroad Commission shows 26,999 barrels of oil and 40,996 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 3 counties

26,999bbl oil, last 12 months−22% vs prior year
Producing leases
25of 53 on record
Counties
3
Biggest county
Jefferson County
Biggest field
Lovells Lake (Frio 2)

Get checks from Milestone Operating, Inc.?

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.

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Where they work

fewermore

Hardin County: 8 producing leasesJefferson County: 14 producing leasesTyler County: 3 producing leasesJeffersonJeffersonHardinTyler
3 counties with producing leasesClick a county to open it
Gas, last 12 months
40,996 mcf
RRC operator no.
567103
Leases on record
53
Data through
Jul 2026

Production

Five years of Milestone Operating, Inc. 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 Milestone Operating, Inc. fell 22% over the last 12 months

27k bbl in the 12 months through Jul 2026, against 34.6k bbl in the 12 months before. Peak month: Oct 2021, 5,509 bbl.

Oil output from Milestone Operating, Inc. fell 22% over the last 12 months27k bbl in the 12 months through Jul 2026, against 34.6k bbl in the 12 months before. Peak month: Oct 2021, 5,509 bbl.Oil, bbl per month02,0004,0006,000Peak 5,509 (Oct 21)020222023202420252026
Oil output from Milestone Operating, Inc. fell 22% over the last 12 months27k bbl in the 12 months through Jul 2026, against 34.6k bbl in the 12 months before. Peak month: Oct 2021, 5,509 bbl.Oil, bbl per month02,0004,0006,000Peak 5,509 (Oct 21)0'22'23'24'25'26

Gas output from Milestone Operating, Inc. fell 10% over the last 12 months

41k mcf in the 12 months through Jul 2026, against 45.5k mcf in the 12 months before. Peak month: May 2022, 7,004 mcf.

Gas output from Milestone Operating, Inc. fell 10% over the last 12 months41k mcf in the 12 months through Jul 2026, against 45.5k mcf in the 12 months before. Peak month: May 2022, 7,004 mcf.Gas, mcf per month02,5005,0007,500Peak 7,004 (May 22)020222023202420252026
Gas output from Milestone Operating, Inc. fell 10% over the last 12 months41k mcf in the 12 months through Jul 2026, against 45.5k mcf in the 12 months before. Peak month: May 2022, 7,004 mcf.Gas, mcf per month02,5005,0007,500Peak 7,004 (May 22)0'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 567103. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

Milestone Operating, Inc. 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 25.

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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 Milestone Operating, Inc. produces

Every county and field links to the others operating there, so you can see who else is drilling around your lease.

Counties, by Milestone Operating, Inc. oil

Jefferson County leads

  1. Jefferson County14 producing leases13.8kbbl
  2. Hardin County8 producing leases11kbbl
  3. Tyler County3 producing leases8,467bbl

Fields, by Milestone Operating, Inc. oil

Lovells Lake (Frio 2) leads

  1. Lovells Lake (Frio 2)3 producing leases · District 03 · Field 551842847,028bbl
  2. Lovells Lake (Marg. 2)1 producing lease · District 03 · Field 551844266,351bbl
  3. Hicksbaugh (Wilcox 5)1 producing lease · District 03 · Field 410647835,566bbl
  4. Village Mills, East (Z-2)1 producing lease · District 03 · Field 938328743,634bbl
  5. Village Mills, East (Z-1)1 producing lease · District 03 · Field 938328723,385bbl
  6. Hicksbaugh2 producing leases · District 03 · Field 410640012,901bbl
  7. Village Mills, East (O)1 producing lease · District 03 · Field 938320581,927bbl
  8. Village Mills, East (V-1)1 producing lease · District 03 · Field 938322301,670bbl

Recent drilling permits for Milestone Operating, Inc.

No recent drilling permits for Milestone Operating, Inc. are in our data yet.

How to read the statement

How to read a Milestone Operating, Inc. 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 Milestone Operating, Inc. added where they help. We have not catalogued Milestone Operating, Inc.’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 knowMilestone Operating, Inc. is Railroad Commission operator 567103. 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 knowMilestone Operating, Inc. runs 25 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 JEFFERSON LAND CO. A/C #1, EAST TEXAS OIL CO. FEE -G- or EAST TEXAS OIL CO. FEE -C- 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.

  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

Milestone Operating, Inc.

RRC operator number (P-5)
567103
Producing leases
25
Counties
3
Biggest county
Jefferson County
Oil, last 12 months
26,999 bbl
Gas sent to plants
0.0%
Gas sold to pipelines
38%
Gas flared or vented
0.0%

Owner relations

Who to call at Milestone Operating, Inc.

We have not yet added Milestone Operating, Inc.’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 567103.

When there is something to ask

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