Quick answer: Valor's Crane County, Texas rankings show the 20 operators producing the most oil and gas here — Blackbeard Operating leads — from Texas Railroad Commission filings over the last six months. If you own minerals in Crane County, these operators are your likely check-writers. Valor verifies the operator on your tract, audits every royalty check, and recovers suspended funds. Valor manages minerals; it never buys them.
The top 20 oil and gas operators in Crane County, Texas, ranked by monthly oil production. Combined output of all 25 reporting operators: 1,520,787,137 BBL oil and 3,244,842,883 Mcf gas across 742 reporting wells/leases.
Momentum blends the year-over-year change in average monthly production (oil + gas at 6 Mcf per BOE, 2025-11 – 2026-05 vs the same months a year earlier, complete reporting months only) with the change in drilling permits (last 12 months vs the prior 12: 172 vs 198). Each input is capped at ±100%.
Benchmark gross value of production: about $142.9M per month — 1,613,560 bbl of oil and 5,747,386 Mcf of gas a month, priced at the EIA average WTI ($73.03/bbl) and Henry Hub ($4.20/MMBtu) spot prices over the same months.
Benchmark prices before quality and location differentials, transport, taxes and costs; this is a county-level economic indicator, not the value of any mineral or royalty interest.
Source: Valor analysis of public oil and gas data. Statistics are published on this page; no bulk download is offered.
| Rank | Operator | Oil (BBL) | Gas (Mcf) | Wells |
|---|---|---|---|---|
| 1 | Blackbeard Operating | 1,001,566,482 | 3,001,566,901 | 205 |
| 2 | Scout Energy Management | 366,367,256 | 110,140,474 | 14 |
| 4 | Ring Energy | 14,917,678 | 63,470,083 | 72 |
| 5 | Hilcorp Energy Company | 8,301,446 | 72,033 | 44 |
| 6 | Citation Oil & Gas | 5,160,492 | 3,602,417 | 20 |
| 8 | Formentera Operations LLC | 1,839,986 | 13,611,335 | 134 |
| 9 | Bta Oil Producers | 936,954 | 1,640,227 | 11 |
| 11 | Fasken Oil And Ranch | 460,861 | 0 | 3 |
| 12 | Diamondback Energy | 248,269 | 1,244,871 | 17 |
| 13 | R2q Operating | 135,118 | 38,217 | 11 |
| 14 | Flat Top Operating LLC | 133,826 | 0 | 5 |
| 15 | Pitts Energy Company | 125,767 | 87,957 | 27 |
| 17 | Olsen Energy | 103,745 | 1,120 | 33 |
| 18 | Owl Ops Ii LLC | 101,966 | 420,480 | 13 |
| 19 | Mewbourne Oil Company | 101,823 | 162,516 | 4 |
| 21 | R3 Operating Corp | 50,431 | 44,095 | 35 |
| 22 | Walsh & Watts | 40,274 | 358,644 | 11 |
| 23 | Atlas Operating | 38,801 | 6,324 | 12 |
| 24 | Millwee Oil | 33,184 | 130,372 | 36 |
| 25 | Williams Oil Company | 29,616 | 33,596 | 28 |
| — | 5 other operators (fewer than 3 producing wells/leases each) | 120,093,162 | 48,211,221 | 7 |
The largest oil and gas operators in Crane County by reported production are Blackbeard Operating, Scout Energy Management, and Ring Energy. In total, 25 operators reported 1,520,787,137 BBL of oil and 3,244,842,883 Mcf of gas across 742 wells and leases over the last six months. If you own minerals in Crane County, these operators are your likely check-writers — Valor tracks production and royalties by tract so you know who owes you.
Start with the operator rankings on this page, then confirm the exact well and operator on your tract through the Crane County records and your division orders. Valor's mineral management verifies which operators cover your Crane County tracts and reconciles every royalty check to the right well.
Yes — 25 operators reported active production in Crane County over the last six months, led by Blackbeard Operating. Activity shifts as operators drill, complete, and sell interests; Valor monitors production and permits so Crane County owners can see changes near their tracts.
Operators pay Crane County mineral owners a royalty on production, based on a decimal interest set out on a division order. Missed or suspended checks are common after a move, a death, or a title gap. Valor audits Crane County royalty statements, recovers suspended funds, and manages the interest so owners are paid correctly.
Valor manages minerals for owners — confirming which of the operators above cover your tracts, auditing every royalty check, recovering suspended and unclaimed funds, and giving you one clear, tax-ready view of what you own in Crane County. Valor manages minerals; it never buys them.
Page last reviewed: July 2026. Rankings are refreshed monthly from Texas Railroad Commission filings.