Quick answer: Valor's Reagan County, Texas rankings show the 22 operators producing the most oil and gas here — Pioneer Natural Resources leads — from Texas Railroad Commission filings over the last six months. If you own minerals in Reagan 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 Reagan County, Texas, ranked by monthly oil production. Combined output of all 25 reporting operators: 320,250,168 BBL oil and 2,138,877,553 Mcf gas across 1,919 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: 338 vs 391). Each input is capped at ±100%.
Benchmark gross value of production: about $629.5M per month — 6,037,832 bbl of oil and 43,302,620 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 | Pioneer Natural Resources | 163,065,319 | 471,617,897 | 425 |
| 2 | Discovery Natural Resources | 81,754,642 | 727,910,216 | 102 |
| 3 | Sem Operating Company | 22,019,847 | 115,417,999 | 38 |
| 4 | Rrp Operating LLC | 11,648,603 | 117,486,853 | 5 |
| 5 | De Central Operating, LLC | 8,205,203 | 48,031,578 | 183 |
| 6 | Permian Resources Operating LLC | 6,220,246 | 78,618,511 | 180 |
| 8 | Crescent Energy Operating, LLC | 5,426,659 | 286,967,410 | 174 |
| 9 | Apache | 5,246,666 | 193,057,934 | 80 |
| 10 | Civitas Permian Operating LLC | 4,623,158 | 28,455,317 | 253 |
| 11 | Diamondback Energy | 1,807,114 | 18,244,794 | 201 |
| 12 | Oxy | 942,040 | 23,110,440 | 53 |
| 13 | Xto Energy | 795,645 | 6,115,351 | 33 |
| 14 | Prime Energy Company | 790,139 | 3,787,079 | 20 |
| 15 | Rp Operating | 666,306 | 5,060,211 | 60 |
| 16 | Conocophillips Company | 523,871 | 3,125,614 | 22 |
| 17 | Hannathon Petroleum Ii LLC | 259,679 | 2,338,076 | 22 |
| 18 | Zarvona Energy | 133,787 | 204,597 | 6 |
| 21 | L & M Operating | 72,994 | 86,149 | 15 |
| 22 | Bta Oil Producers | 61,198 | 1,145,136 | 16 |
| 23 | Wtg Exploration | 47,436 | 3,150 | 10 |
| 24 | Iron Orchard Operating LLC | 41,917 | 40,114 | 3 |
| 25 | Michaelson Producing Company | 25,958 | 0 | 15 |
| — | 3 other operators (fewer than 3 producing wells/leases each) | 5,871,741 | 8,053,127 | 3 |
The largest oil and gas operators in Reagan County by reported production are Pioneer Natural Resources, Discovery Natural Resources, and Sem Operating Company. In total, 25 operators reported 320,250,168 BBL of oil and 2,138,877,553 Mcf of gas across 1,919 wells and leases over the last six months. If you own minerals in Reagan 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 Reagan County records and your division orders. Valor's mineral management verifies which operators cover your Reagan County tracts and reconciles every royalty check to the right well.
Yes — 25 operators reported active production in Reagan County over the last six months, led by Pioneer Natural Resources. Activity shifts as operators drill, complete, and sell interests; Valor monitors production and permits so Reagan County owners can see changes near their tracts.
Operators pay Reagan 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 Reagan 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 Reagan County. Valor manages minerals; it never buys them.
Page last reviewed: July 2026. Rankings are refreshed monthly from Texas Railroad Commission filings.