Quick answer: Valor's Milam County, Texas rankings show the 13 operators producing the most oil and gas here — Mojo Exploration & Production, L leads — from Texas Railroad Commission filings over the last six months. If you own minerals in Milam 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 13 oil and gas operators in Milam County, Texas, ranked by monthly oil production. Combined output of all 25 reporting operators: 766,270 BBL oil and 647,210 Mcf gas across 172 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: 2 vs 4). Each input is capped at ±100%.
Benchmark gross value of production: about $5.2M per month — 63,872 bbl of oil and 124,232 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 | Mojo Exploration & Production, L | 351,726 | 0 | 4 |
| 2 | Magnolia Oil & Gas Operating | 223,015 | 643,112 | 69 |
| 3 | Brazos Geological Companynsulting Ltd Company | 42,842 | 0 | 12 |
| 5 | Chisholm Oil Investments | 30,520 | 0 | 3 |
| 6 | Rusk Energy Operating | 18,906 | 1,552 | 20 |
| 7 | Betro | 14,143 | 91 | 8 |
| 9 | Cant Companymplain Operating Company | 8,717 | 0 | 4 |
| 11 | Sheldon Resources | 5,891 | 0 | 8 |
| 12 | 4c Oil Company | 3,548 | 0 | 7 |
| 17 | Stingray Oil Company | 765 | 0 | 4 |
| 18 | Ernest Operating Company | 742 | 1,236 | 7 |
| 20 | Speckle Trout Operating LLC | 536 | 0 | 3 |
| 23 | Dash Production Company | 403 | 0 | 4 |
| — | 12 other operators (fewer than 3 producing wells/leases each) | 64,516 | 1,219 | 19 |
The largest oil and gas operators in Milam County by reported production are Mojo Exploration & Production, L, Magnolia Oil & Gas Operating, and Brazos Geological Companynsulting Ltd Company. In total, 25 operators reported 766,270 BBL of oil and 647,210 Mcf of gas across 172 wells and leases over the last six months. If you own minerals in Milam 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 Milam County records and your division orders. Valor's mineral management verifies which operators cover your Milam County tracts and reconciles every royalty check to the right well.
Yes — 25 operators reported active production in Milam County over the last six months, led by Mojo Exploration & Production, L. Activity shifts as operators drill, complete, and sell interests; Valor monitors production and permits so Milam County owners can see changes near their tracts.
Operators pay Milam 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 Milam 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 Milam County. Valor manages minerals; it never buys them.
Page last reviewed: July 2026. Rankings are refreshed monthly from Texas Railroad Commission filings.