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Texas operator · RRC P-5 857147

THP Operating LLC

THP Operating LLC runs 27 producing leases in 6 Texas counties. The Railroad Commission shows 3,872 barrels of oil and 25,638 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 6 counties

3,872bbl oil, last 12 months+10% vs prior year
Producing leases
27of 55 on record
Counties
6
Biggest county
Schleicher County

Get checks from THP Operating LLC?

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.

Gas, last 12 months
25,638 mcf
RRC operator no.
857147
Leases on record
55
Data through
Jul 2026

Production

Five years of THP 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 THP Operating LLC rose 10% over the last 12 months

3,872 bbl in the 12 months through Jul 2026, against 3,532 bbl in the 12 months before. Peak month: Mar 2022, 1,385 bbl.

Oil output from THP Operating LLC rose 10% over the last 12 months3,872 bbl in the 12 months through Jul 2026, against 3,532 bbl in the 12 months before. Peak month: Mar 2022, 1,385 bbl.Oil, bbl per month05001,0001,500Peak 1,385 (Mar 22)020222023202420252026
Oil output from THP Operating LLC rose 10% over the last 12 months3,872 bbl in the 12 months through Jul 2026, against 3,532 bbl in the 12 months before. Peak month: Mar 2022, 1,385 bbl.Oil, bbl per month05001,0001,500Peak 1,385 (Mar 22)0'22'23'24'25'26

Gas output from THP Operating LLC rose 94% over the last 12 months

25.6k mcf in the 12 months through Jul 2026, against 13.2k mcf in the 12 months before. Peak month: Nov 2021, 45.2k mcf.

Gas output from THP Operating LLC rose 94% over the last 12 months25.6k mcf in the 12 months through Jul 2026, against 13.2k mcf in the 12 months before. Peak month: Nov 2021, 45.2k mcf.Gas, mcf per month010k20k30k40k50kPeak 45.2k (Nov 21)020222023202420252026
Gas output from THP Operating LLC rose 94% over the last 12 months25.6k mcf in the 12 months through Jul 2026, against 13.2k mcf in the 12 months before. Peak month: Nov 2021, 45.2k mcf.Gas, mcf per month010k20k30k40k50kPeak 45.2k (Nov 21)0'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 857147. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

THP 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 25 of 27.

SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.

How to read the statement

How to read a THP 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 THP Operating LLC added where they help. We have not catalogued THP 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 knowTHP Operating LLC is Railroad Commission operator 857147. 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 knowTHP Operating LLC runs 27 producing leases across 6 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 CAROE 8, WILLIAMS -13- or HANNAH PAYNE 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.

    What we knowGas is most of what THP Operating LLC reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil 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 49% of the gas THP Operating LLC reported in the last 12 months went to processing plants, so expect processing and plant-product lines on gas statements. Another 46% went straight to a pipeline.

  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.

    What we know2.6% of the gas THP Operating LLC reported was flared or vented. Flared gas pays no royalty, so a lease that flares heavily will show a smaller gas volume on your stub than on the state's production line.

At a glance

THP Operating LLC

RRC operator number (P-5)
857147
Producing leases
27
Counties
6
Biggest county
Schleicher County
Oil, last 12 months
3,872 bbl
Gas sent to plants
49%
Gas sold to pipelines
46%
Gas flared or vented
2.6%

Owner relations

Who to call at THP Operating LLC

We have not yet added THP 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 857147.

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 THP Operating LLC statement