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Top Oil & Gas Operators in Montague County, TX

Quick answer: Valor's Montague County, Texas rankings show the 22 operators producing the most oil and gas here — Peba Oil & Gas leads — from Texas Railroad Commission filings over the last six months. If you own minerals in Montague 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 22 oil and gas operators in Montague County, Texas, ranked by monthly oil production. Combined output of all 25 reporting operators: 7,107,453 BBL oil and 8,499,518 Mcf gas across 986 reporting wells/leases.

Operators Ranked
22
Total Oil (BBL)
7,107,453
Total Gas (Mcf)
8,499,518
Wells/Leases
986

Montague County Momentum

Momentum Score
-37
Rank in Texas
#163 of 198
Production vs Year Ago
-14.1%
Permits vs Year Ago
-60.0%

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: 4 vs 10). Each input is capped at ±100%.

Benchmark gross value of production: about $17.7M per month — 95,079 bbl of oil and 2,460,095 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.

Top Operators in Montague County

Source: Valor analysis of public oil and gas data. Statistics are published on this page; no bulk download is offered.

RankOperatorOil (BBL)Gas (Mcf)Wells
1 Peba Oil & Gas 4,663,397 0 31
2 V & H Oil 1,153,731 0 18
3 Bridwell Oil Company 251,710 14,923 13
5 Hadley Oil Company 125,672 0 19
6 R & R Energy 121,256 0 8
7 Crest Operating Company 76,361 0 4
8 Triple G Well Service 69,536 0 4
9 Scout Energy Management 65,062 445,775 51
10 Nortex Energy 55,613 0 4
11 Eog Resources 54,036 5,835,689 659
12 Tettleton Steven B 46,859 0 7
13 Lamco Oil 46,493 0 13
14 Quail Ridge Operating LLC 43,771 1,609,011 5
16 Eagleridge Operating 24,848 481,986 52
17 Felderhoff Production Company 23,942 14,945 11
18 Lamar Energy 22,335 0 12
19 Rohmer Resources 17,454 0 4
20 Salmon Raymond Jr 16,415 0 8
21 Wise Production Company 16,024 41,273 26
22 Snow Oil Company 15,748 0 4
23 Mountain Creek Oil Company 15,231 0 22
24 Davis Kelly J 12,267 0 7
— 3 other operators (fewer than 3 producing wells/leases each) 169,692 55,916 4

Frequently Asked Questions — Montague County Minerals

Who operates oil and gas minerals in Montague County, Texas?

The largest oil and gas operators in Montague County by reported production are Peba Oil & Gas, V & H Oil, and Bridwell Oil Company. In total, 25 operators reported 7,107,453 BBL of oil and 8,499,518 Mcf of gas across 986 wells and leases over the last six months. If you own minerals in Montague County, these operators are your likely check-writers — Valor tracks production and royalties by tract so you know who owes you.

How do I find out who operates my minerals in Montague County?

Start with the operator rankings on this page, then confirm the exact well and operator on your tract through the Montague County records and your division orders. Valor's mineral management verifies which operators cover your Montague County tracts and reconciles every royalty check to the right well.

Is there active oil and gas drilling in Montague County, Texas?

Yes — 25 operators reported active production in Montague County over the last six months, led by Peba Oil & Gas. Activity shifts as operators drill, complete, and sell interests; Valor monitors production and permits so Montague County owners can see changes near their tracts.

How do mineral owners in Montague County get paid?

Operators pay Montague 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 Montague County royalty statements, recovers suspended funds, and manages the interest so owners are paid correctly.

Own minerals in Montague County?

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 Montague County. Valor manages minerals; it never buys them.

Organize my royalties Inherited minerals in Montague County →

About Montague County, TX

Source: Valor analysis of public oil and gas data. © Valor, all rights reserved.

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Page last reviewed: July 2026. Rankings are refreshed monthly from Texas Railroad Commission filings.