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Royalty Clerk

Operator report card · RRC P-5 573226

Modern Exploration, Inc. report card

What the public record shows about Modern Exploration, Inc.: 21 producing leases in 6 Texas counties, output up 53% on the year, 0 leases gained and 0 left in 24 months. Every line names its source.

All leases and productionCheck my statement
Modern Exploration, Inc.Updated Oct 2, 2026What is known, from whom. No grades.
  1. Producing leases21
    State recordin 6 counties, reported through Jul 2026
  2. Oil, last 12 months against the 12 before+53%
    State record184,170 bbl
  3. Leases gained and left, 24 months+0 / −0
    State recordtaken over from, or passed to, another operator
  4. Gas vented or flared, last 12 months0.0%
    State recordshare of gas disposed of by disposition code 4
  5. What owners' statements shownot enough owners yet
    Owner statementsshown when 5 or more owners agree

Scale and direction

How much Modern Exploration, Inc. 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 Modern Exploration, Inc., 12 months to 2026/07
102k2024121k2025184k2026

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

  • Oil: 184,170 barrels in the 12 months to Jul 2026, +52.6% on the 12 months before.
  • Gas: 124,520 mcf, +157.2% on the year before.
  • Gas disposition: 0.0% of the gas it disposed of in the last 12 months was reported vented or flared.
  • Source: Railroad Commission of Texas, Production Data Query, file dated Sep 18, 2026. Open the source.

Who buys and moves its production

The companies that gather and buy Modern Exploration, Inc.'s oil and gas

Plains Marketing, L.p. is listed on 21 of 21 producing leases. Your royalty is figured on what the lease sold, whoever pays you.
Current gatherers and purchasers on Modern Exploration, Inc.'s producing leases
CompanyRoleLeasesof 21Shareof its leases
Plains Marketing, L.p.Gatherer21100%
Gulf Coast Energy, Inc.Purchaser210%
Copano Fld Serv/North Texas, LLCPurchaser15%
Enterprise Crude Oil LLCGatherer15%
Eog Resources Marketing LLCGatherer15%
EOG Resources, Inc.Gatherer15%
Enterprise Products OperatingllcGatherer15%
Lavaca Midstream, L.l.c.Gatherer15%

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 Modern Exploration, Inc. has permitted

1 drilling permit in the last 12 months, 1 of them horizontal. The newest was issued Oct 23, 2025. A permit is a plan to drill, not proof of a well or of anyone's ownership.

Recent drilling permits for Modern Exploration, Inc.

Railroad Commission drilling permits.

What owners' statements show

Statements from Modern Exploration, Inc. owners

Owners upload Modern Exploration, Inc. 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 Modern Exploration, Inc. 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.

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FAQ

Questions people ask

What is on the Modern Exploration, Inc. report card?

the scale and direction of its output, 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 Modern Exploration, Inc. 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 Modern Exploration, Inc. 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 Modern Exploration, Inc..

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Related

Keep going

Get checks from Modern Exploration, Inc.?

Upload a stub or a phone photo. We compare every month with the state numbers for the lease and tell you what to ask.

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Sources

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