Skip to content
Royalty Clerk

Texas operator · RRC P-5 828293

Subsea Operating Co.

Subsea Operating Co. runs 3 producing leases in 1 Texas county. The Railroad Commission shows 27,600 barrels of oil and 0 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 1 county

27,600bbl oil, last 12 months−21% vs prior year
Producing leases
3of 7 on record
Counties
1
Biggest county
Throckmorton County
Biggest field
Throckmorton County Regular

Get checks from Subsea 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.

Check my statementLook up a lease by name

Where they work

This county

Throckmorton County: 3 producing leasesThrockmortonBaylorKnoxYoungHaskellArcherThrockmorton County
1 county with producing leasesClick a county to open it
RRC operator no.
828293
Leases on record
7
Data through
Jul 2026
Fields
2

Production

Five years of Subsea Operating Co. 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 Subsea Operating Co. fell 21% over the last 12 months

27.6k bbl in the 12 months through Jul 2026, against 35.1k bbl in the 12 months before. Peak month: Oct 2024, 3,233 bbl.

Oil output from Subsea Operating Co. fell 21% over the last 12 months27.6k bbl in the 12 months through Jul 2026, against 35.1k bbl in the 12 months before. Peak month: Oct 2024, 3,233 bbl.Oil, bbl per month01,0002,0003,0004,000Peak 3,233 (Oct 24)2,03920222023202420252026
Oil output from Subsea Operating Co. fell 21% over the last 12 months27.6k bbl in the 12 months through Jul 2026, against 35.1k bbl in the 12 months before. Peak month: Oct 2024, 3,233 bbl.Oil, bbl per month01,0002,0003,0004,000Peak 3,233 (Oct 24)2,039'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 828293. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

Subsea Operating Co. 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 3 of 3.

Search by lease name →

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 Subsea Operating Co. produces

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

Counties, by Subsea Operating Co. oil

Throckmorton County leads

  1. Throckmorton County3 producing leases27.6kbbl

Fields, by Subsea Operating Co. oil

Throckmorton County Regular leads

  1. Throckmorton County Regular2 producing leases · District 7B · Field 8981200124.2kbbl
  2. Cook Ranch1 producing lease · District 7B · Field 203210013,449bbl

Recent drilling permits for Subsea Operating Co.

How to read the statement

How to read a Subsea Operating Co. 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 Subsea Operating Co. added where they help. We have not catalogued Subsea Operating Co.’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 knowSubsea Operating Co. is Railroad Commission operator 828293. 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 knowSubsea Operating Co. runs 3 producing leases, 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 MATTHEWS 23, MATTHEWS 75D or MATTHEWS, ANGI PA 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

Subsea Operating Co.

RRC operator number (P-5)
828293
Producing leases
3
Counties
1
Biggest county
Throckmorton County
Oil, last 12 months
27,600 bbl

Owner relations

Who to call at Subsea Operating Co.

We have not yet added Subsea 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 828293.

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 Subsea Operating Co. statement