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Royalty Clerk

Texas operator · RRC P-5 102445

P & F Operating, LLC

P & F Operating, LLC runs 1 producing lease in 1 Texas county. The Railroad Commission shows 2,890 barrels of oil and 3,029 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 1 county

2,890bbl oil, last 12 months+999% vs prior year
Producing leases
1of 6 on record
Counties
1
Biggest county
Moore County
Biggest field
Panhandle (Red Cave)

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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

This county

Moore County: 1 producing leaseMooreHutchinsonHansfordShermanDallamOldhamHartleyMoore County
1 county with producing leasesClick a county to open it
Gas, last 12 months
3,029 mcf
RRC operator no.
102445
Leases on record
6
Data through
Jul 2026

Production

Five years of P & F Operating, LLC 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 P & F Operating, LLC rose 1,488% over the last 12 months

2,890 bbl in the 12 months through Jul 2026, against 182 bbl in the 12 months before. Peak month: Jul 2026, 557 bbl.

Oil output from P & F Operating, LLC rose 1,488% over the last 12 months2,890 bbl in the 12 months through Jul 2026, against 182 bbl in the 12 months before. Peak month: Jul 2026, 557 bbl.Oil, bbl per month020040060055720222023202420252026
Oil output from P & F Operating, LLC rose 1,488% over the last 12 months2,890 bbl in the 12 months through Jul 2026, against 182 bbl in the 12 months before. Peak month: Jul 2026, 557 bbl.Oil, bbl per month0200400600557'22'23'24'25'26

Gas output from P & F Operating, LLC: 3,029 mcf in the last 12 months

3,029 mcf in the 12 months through Jul 2026. Peak month: Sep 2025, 538 mcf.

Gas output from P & F Operating, LLC: 3,029 mcf in the last 12 months3,029 mcf in the 12 months through Jul 2026. Peak month: Sep 2025, 538 mcf.Gas, mcf per month0200400600Peak 538 (Sep 25)020222023202420252026
Gas output from P & F Operating, LLC: 3,029 mcf in the last 12 months3,029 mcf in the 12 months through Jul 2026. Peak month: Sep 2025, 538 mcf.Gas, mcf per month0200400600Peak 538 (Sep 25)0'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 102445. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

P & F Operating, LLC 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 1 of 1.

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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 P & F Operating, LLC produces

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

Counties, by P & F Operating, LLC oil

Moore County leads

  1. Moore County1 producing lease2,846bbl

Fields, by P & F Operating, LLC oil

Panhandle (Red Cave) leads

  1. Panhandle (Red Cave)1 producing lease · District 10 · Field 688258002,846bbl

Recent drilling permits for P & F Operating, LLC

How to read the statement

How to read a P & F Operating, LLC 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 P & F Operating, LLC added where they help. We have not catalogued P & F Operating, LLC’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 knowP & F Operating, LLC is Railroad Commission operator 102445. 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.

  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 THOMPSON 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.

    What we knowAbout 100% of the gas P & F Operating, LLC reported in the last 12 months went straight into pipelines rather than to a processing plant. A processing fee on that gas is worth asking about.

  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

P & F Operating, LLC

RRC operator number (P-5)
102445
Producing leases
1
Counties
1
Biggest county
Moore County
Oil, last 12 months
2,890 bbl
Gas sent to plants
0.0%
Gas sold to pipelines
100%
Gas flared or vented
0.0%

Owner relations

Who to call at P & F Operating, LLC

We have not yet added P & F 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 102445.

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We write the question for you, with the numbers behind it, and a letter you can send.
Check a P & F Operating, LLC statement