Texas oil and gas leases
Every lease that has reported production to the Railroad Commission since Jan 1993 — 327,776 of them, each with its own page of monthly volumes and what they were worth.
Value is the volume the operator reported for a month, multiplied by that month's benchmark price — 31.1 bn barrels of oil and 263.8 bn Mcf of gas, priced month by month. It is what the production was worth at the wellhead benchmark, not what anyone was paid. Every price is on one page, so the arithmetic is checkable.
Highest-value leases
The 25 leases with the most reported value in the state, of 327,776. The rest are reached from their operator, their county, or the sitemap.
25 of 327,776 leases
Largest lease operators
Operator directory →Ranked by lifetime reported value. This is the oil-and-gas register — 12,219 companies — which is a different population from the operators that filed a pipeline permit.
| Operator | Leases | Counties | Last 12 months | Reported value |
|---|---|---|---|---|
| PIONEER NATURAL RES. USA, INC. | 6,559 | 47 | $19.07 bn | $149.50 bn |
| DIAMONDBACK E&P LLC | 4,736 | 22 | $18.77 bn | $140.08 bn |
| EOG RESOURCES, INC. | 5,566 | 79 | $8.24 bn | $115.31 bn |
| HILCORP ENERGY COMPANY | 10,955 | 68 | $1.43 bn | $107.78 bn |
| XTO ENERGY INC. | 3,417 | 92 | $5.52 bn | $67.24 bn |
| OCCIDENTAL PERMIAN LTD. | 358 | 22 | $2.14 bn | $64.20 bn |
| CRESCENT ENERGY OPERATING, LLC | 3,074 | 35 | $4.73 bn | $62.53 bn |
| APACHE CORPORATION | 3,686 | 85 | $5.38 bn | $58.01 bn |
| MARATHON OIL EF LLC | 1,974 | 10 | $2.58 bn | $55.75 bn |
| BURLINGTON RESOURCES O & G CO LP | 1,446 | 18 | $5.18 bn | $54.61 bn |
| ANADARKO E&P ONSHORE LLC | 1,657 | 23 | $7.09 bn | $54.34 bn |
| COG OPERATING LLC | 1,634 | 25 | $4.54 bn | $50.94 bn |
| BPX OPERATING COMPANY | 1,633 | 15 | $5.23 bn | $46.15 bn |
| KINDER MORGAN PRODUCTION CO LLC | 32 | 6 | $1.21 bn | $39.91 bn |
| JAVELIN ENERGY PARTNERS MGMT LLC | 2,160 | 8 | $2.07 bn | $38.63 bn |
| DIVERSIFIED PRODUCTION LLC | 5,730 | 25 | $521.2 M | $37.54 bn |
| CHEVRON U. S. A. INC. | 1,783 | 48 | $4.39 bn | $35.56 bn |
| PERMIAN RESOURCES OPERATING, LLC | 1,369 | 16 | $3.85 bn | $35.09 bn |
| OVINTIV USA INC. | 1,318 | 15 | $3.32 bn | $33.83 bn |
| SM ENERGY COMPANY | 1,575 | 19 | $3.28 bn | $30.95 bn |
| BKV BARNETT, LLC | 4,447 | 4 | $744.4 M | $30.23 bn |
| DEVON ENERGY PRODUCTION CO, L.P. | 2,145 | 71 | $1.76 bn | $29.11 bn |
| MERIT ENERGY COMPANY | 3,187 | 55 | $199.4 M | $28.07 bn |
| INEOS USA OIL & GAS LLC | 919 | 13 | $1.06 bn | $27.80 bn |
| WPX ENERGY PERMIAN, LLC | 995 | 6 | $2.60 bn | $26.37 bn |
Counties by reported value
All 254 →229 of the state's 254 counties hold at least one lease that reports production. The other 25 have none on file — not a gap in the data.
| County | Leases | Operators | Last 12 months | Reported value |
|---|---|---|---|---|
| Midland County | 5,729 | 244 | $21.18 bn | $180.04 bn |
| Martin County | 5,895 | 227 | $22.19 bn | $155.81 bn |
| Reeves County | 5,966 | 269 | $16.23 bn | $149.76 bn |
| Loving County | 4,020 | 167 | $14.71 bn | $115.96 bn |
| Karnes County | 3,465 | 183 | $7.16 bn | $115.38 bn |
| Upton County | 4,764 | 250 | $9.67 bn | $91.65 bn |
| Howard County | 4,022 | 315 | $7.76 bn | $86.92 bn |
| Andrews County | 4,152 | 417 | $5.24 bn | $78.82 bn |
| DeWitt County | 2,441 | 264 | $4.65 bn | $69.66 bn |
| Gaines County | 1,239 | 263 | $1.82 bn | $68.42 bn |
| La Salle County | 3,738 | 175 | $4.87 bn | $67.61 bn |
| Reagan County | 4,367 | 288 | $7.54 bn | $63.82 bn |
| Ward County | 3,065 | 305 | $5.27 bn | $59.43 bn |
| Dimmit County | 3,781 | 194 | $3.34 bn | $59.38 bn |
| Glasscock County | 3,350 | 255 | $5.48 bn | $56.37 bn |
| Yoakum County | 853 | 163 | $2.19 bn | $56.37 bn |
| Pecos County | 4,124 | 507 | $2.05 bn | $52.75 bn |
| Panola County | 9,288 | 292 | $2.62 bn | $48.40 bn |
| Ector County | 2,382 | 311 | $1.55 bn | $48.32 bn |
| McMullen County | 2,612 | 247 | $2.84 bn | $41.96 bn |
| Culberson County | 1,523 | 64 | $5.53 bn | $39.52 bn |
| Webb County | 8,225 | 280 | $2.53 bn | $37.56 bn |
| Gonzales County | 1,555 | 227 | $1.81 bn | $37.24 bn |
| Hockley County | 698 | 122 | $660.0 M | $30.81 bn |
| Crane County | 2,225 | 280 | $1.65 bn | $30.18 bn |