Texas operator · RRC P-5 072694
Black Sheep Operating, LLC
Black Sheep Operating, LLC runs 5 producing leases in 2 Texas counties. The Railroad Commission shows 1,670 barrels of oil and 25,206 mcf of gas in the 12 months through Jul 2026.
Operator dossier · 2 counties
- Producing leases
- 5of 6 on record
- Counties
- 2
- Biggest county
- Gray County
- Biggest field
- Panhandle Gray County Field
Get checks from Black Sheep 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.
Where they work
fewermore
- Gas, last 12 months
- 25,206 mcf
- RRC operator no.
- 072694
- Leases on record
- 6
- Data through
- Jul 2026
Production
Five years of Black Sheep Operating, LLC output
Oil output from Black Sheep Operating, LLC fell 51% over the last 12 months
1,670 bbl in the 12 months through Jul 2026, against 3,389 bbl in the 12 months before. Peak month: Mar 2023, 771 bbl.
Gas output from Black Sheep Operating, LLC rose 28% over the last 12 months
25.2k mcf in the 12 months through Jul 2026, against 19.7k mcf in the 12 months before. Peak month: Jan 2026, 2,770 mcf.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 072694. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
Black Sheep Operating, LLC leases, biggest first
762bbl oil−26% on the year before
640bbl oil−60% on the year before
3,032mcf gas−30% on the year before
3,028mcf gas−30% on the year before
28bbl oil−94% on the year before
Showing 5 of 5.
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 Black Sheep Operating, LLC produces
Counties, by Black Sheep Operating, LLC oil
Gray County leads
Fields, by Black Sheep Operating, LLC oil
Panhandle Gray County Field leads
Recent drilling permits for Black Sheep Operating, LLC
No recent drilling permits for Black Sheep Operating, LLC are in our data yet.
How to read the statement
How to read a Black Sheep Operating, LLC royalty statement
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 knowBlack Sheep Operating, LLC is Railroad Commission operator 072694. The name on your check may be a parent company or a payment subsidiary.
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 knowBlack Sheep Operating, LLC runs 5 producing leases across 2 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.
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 DICKEY OIL, PHOENIX or GARRISON and read the “oil sold” and “gas sold” columns.
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 Black Sheep Operating, LLC reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil price.
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 Black Sheep 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.
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.
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
Black Sheep Operating, LLC
- RRC operator number (P-5)
- 072694
- Producing leases
- 5
- Counties
- 2
- Biggest county
- Gray County
- Oil, last 12 months
- 1,670 bbl
- Gas sent to plants
- 0.0%
- Gas sold to pipelines
- 100%
- Gas flared or vented
- 0.0%
Owner relations
Who to call at Black Sheep Operating, LLC
We have not yet added Black Sheep 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 072694.
When there is something to ask
FAQ
Questions about Black Sheep Operating, LLC
How many leases does Black Sheep Operating, LLC operate in Texas?
The Railroad Commission lists 5 producing leases for Black Sheep Operating, LLC (operator number 072694) across 2 Texas counties, mostly in Gray County. It reported 1,670 barrels of oil and 25,206 mcf of gas in the 12 months through Jul 2026.
How do I know Black Sheep Operating, LLC is the company that pays my royalty?
Look at the name on your royalty check or stub. The operator named by the state on a lease is not always the company that sends the check; a purchaser or a payor can pay on the operator's behalf. Look up the lease on this site to see the operator the Railroad Commission shows today and any change of operator.
Where can I see how Black Sheep Operating, LLC compares with other operators?
The operator directory lists every Texas operator with producing leases. Open a name to see its leases, counties and production trend from Railroad Commission records.
Where do these figures come from?
From the Railroad Commission of Texas production data, summed over every lease reported under operator number 072694. The newest month is Jul 2026; the state publishes two to three months late.
Keep going
More about Black Sheep Operating, LLC
- Texas dataBlack Sheep Operating, LLC: company recordState entity, permits, buyers and P-5 status, with sources.
- Texas dataTexas operators, A to ZEvery operator with producing leases in Railroad Commission records.
- ToolIs my operator paying a fair oil price?Your stub's oil price against what Texas buyers paid and the WTI average.
- Texas dataTexas operator changesWho took over whose leases in the last 24 months.
- CheckCheck my royalty statementUpload a stub and we compare each month with the state record.