Monroe

Oil & Gas Property in Ward County, TX

Property Summary

Key data points for Monroe

CountyWard County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production16,407,502 BBLs
Total Gas Production41,573,457 MCF
Recent Oil Production42,121 BBLs in Jul 2024
Recent Gas Production118,335 MCF in Jul 2024
Wells on Property75

Our Valuation Estimates for Monroe

ShaleAssessment

$1,317,118 *

MarketMultiple

$6,336,531 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Monroe Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Monroe
from Jan 1993 to Aug 2024

Wells on Monroe

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-475-00109MONROE, CYRUS 26OIL CONSORTIUM OF TX., INC.Plugged Oil WellWard County, TX31.549069-103.347657
42-475-00116MONROE 2STIVERS OPERATING, INC.Plugged Oil WellWard County, TX31.544234-103.341367
42-475-30435MONROE STATE-196- 1ALCON H2OIL LLCSidetrack Well Surface LocationWard County, TX31.541468-103.364458
42-475-30490MONROE 2SAMSON LONE STAR LPPlugged Oil/Gas WellWard County, TX31.544204-103.361671
42-475-30945MONROE 1MONSANTO COMPANYPlugged Gas WellWard County, TX31.540918-103.341125
42-475-31887MONROE, LEE 1EXXON CORP.Dry HoleWard County, TX31.625937-103.381248
42-475-34543MONROE '178' 1BRIGHT & CO.Plugged Oil WellWard County, TX31.509807-103.335338
42-475-34793MONROE 1SEABOARD OPERATING CO.Shut InWard County, TX31.597104-103.381444
42-475-34810MONROE 2SEABOARD OPERATING CO.Shut InWard County, TX31.599818-103.379296
42-475-35294MONROE 1-8 1HVital Energy, Inc.ProducingWard County, TX31.630008-103.378296
42-475-35517MONROE 34-172 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.480916-103.360329
42-475-35519MONROE 34-210 1HANADARKO PETROLEUM CORPORATIONHorizontal Well Surface LocatioWard County, TX31.552990-103.373959
42-475-35521MONROE 34-180 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.486376-103.362694
42-475-35530MONROE 34-220 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.577302-103.360083
42-475-35531MONROE 34-221 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.579369-103.357963
42-475-35548MONROE 34-188 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.506828-103.364403
42-475-35592MONROE 34-158 UNIT 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.467206-103.337334
42-475-35603MONROE 34-178 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.521723-103.337697
42-475-35604MONROE 34-190 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.536434-103.331235
42-475-35628MONROE 1-10 1HHALCON OPERATING CO., INC.ProducingWard County, TX31.597872-103.382083
42-475-35631MONROE 34-220 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.582179-103.366532
42-475-35650MONROE 34-190 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.541717-103.337272
42-475-35664MONROE 34-210 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.548132-103.366861
42-475-35686MONROE 34-195 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.537373-103.353437
42-475-35688MONROE 34-158 UNIT 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.472113-103.344768
42-475-35773MONROE 1-6 WRD 1HVital Energy, Inc.ProducingWard County, TX31.605848-103.396667
42-475-35779MONROE 34-172 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.475075-103.351696
42-475-35781MONROE 34-221 UNIT 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.583853-103.364815
42-475-35825MONROE 34-220 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.579982-103.363141
42-475-35828MONROE 34-178 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.517941-103.331837
42-475-35869MONROE 34-210 3HANADARKO PETROLEUM CORPORATIONHorizontal Well Surface LocatioWard County, TX31.550186-103.371311
42-475-35880MONROE 1-8 WRD 2HVital Energy, Inc.ProducingWard County, TX31.632628-103.380754
42-475-35881MONROE 34-221 UNIT 2 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.581449-103.361636
42-475-35950MONROE 34-158 UNIT 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.468593-103.340098
42-475-36012MONROE 1-10 2HVital Energy, Inc.ProducingWard County, TX31.602272-103.388992
42-475-36015MONROE 1-10 3HVital Energy, Inc.ProducingWard County, TX31.605041-103.392478
42-475-36100MONROE 1-8 UNIT 2HVital Energy, Inc.ProducingWard County, TX31.627639-103.373649
42-475-36143MONROE 34-221/212 UNIT 1HANADARKO E&P ONSHORE LLCProducingWard County, TX31.576109-103.354572
42-475-36144MONROE 34-220/211 UNIT 1HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioWard County, TX31.575834-103.357348
42-475-36201MONROE 34-223/220 UNIT 1HANADARKO PETROLEUM CORPORATIONHorizontal Well Surface LocatioWard County, TX31.584408-103.369462
42-475-36249MONROE 34-222/221 SA 1HANADARKO PETROLEUM CORPORATIONHorizontal Well Surface LocatioWard County, TX31.586293-103.367849
42-475-36311MONROE 1-8 3HVital Energy, Inc.ProducingWard County, TX31.630666-103.377711
42-475-36511MONROE 34-158 UNIT 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.482382-103.336119
42-475-36537MONROE 34-210 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.562735-103.361951
42-475-36538MONROE 34-210 5HANADARKO E&P ONSHORE LLCProducingWard County, TX31.559443-103.357581
42-475-36541MONROE 34-210 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.564751-103.364623
42-475-36545MONROE 34-210 6HANADARKO E&P ONSHORE LLCTemp AbandonedWard County, TX31.556656-103.358036
42-475-36566MONROE 34-188 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.514891-103.353339
42-475-36567MONROE 34-188 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.517288-103.356519
42-475-36568MONROE 34-188 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.519686-103.359700
42-475-36570MONROE 34-188 5HANADARKO E&P ONSHORE LLCProducingWard County, TX31.521708-103.362384
42-475-36638MONROE 34-195 UNIT 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.553549-103.349021
42-475-36639MONROE 34-195 UNIT 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.555588-103.351737
42-475-36643MONROE 34-195 UNIT 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.548802-103.346820
42-475-36645MONROE 34-195 UNIT 5HANADARKO E&P ONSHORE LLCProducingWard County, TX31.547624-103.345228
42-475-36655MONROE 34-178 4HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioWard County, TX31.521619-103.330353
42-475-36656MONROE 34-178 3HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioWard County, TX31.519200-103.326841
42-475-36657MONROE 34-178 6HANADARKO E&P ONSHORE LLCProducingWard County, TX31.525036-103.334147
42-475-36658MONROE 34-178 5HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioWard County, TX31.523033-103.332335
42-475-36714MONROE 1-6 WRD 2HSHELL WESTERN E&PHorizontal Well Surface LocatioWard County, TX31.608164-103.399925
42-475-36718MONROE 1-6 WRD 3HSHELL WESTERN E&PHorizontal Well Surface LocatioWard County, TX31.608229-103.399901
42-475-36757MONROE 1-8 UNIT 'A' 4HCIMAREX ENERGY CO.Horizontal Well Surface LocatioWard County, TX31.617872-103.383607
42-475-36761MONROE 1-10 4HPDEH LLCProducingWard County, TX31.600082-103.385209
42-475-36770MONROE 1-8 WRD 3HVital Energy, Inc.ProducingWard County, TX31.634067-103.384822
42-475-36912MONROE 1-6 WRD 3HRSHELL WESTERN E&PSidetrack Well Surface LocationWard County, TX31.611176-103.403829
42-475-37036MONROE 1-10 5HPDEH LLCProducingWard County, TX31.597208-103.385347
42-475-37077MONROE 34-221 UNIT 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.595309-103.357327
42-475-37092MONROE 34-190 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.544120-103.340284
42-475-37098MONROE 34-220 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.575761-103.377346
42-475-37106MONROE 34-172 3HANADARKO E&P ONSHORE LLCProducingWard County, TX31.473691-103.349505
42-475-37136MONROE 34-220 5HANADARKO E&P ONSHORE LLCProducingWard County, TX31.578852-103.361068
42-475-37137MONROE 34-221 2HANADARKO E&P ONSHORE LLCProducingWard County, TX31.578928-103.361444
42-475-37154MONROE 34-172 4HANADARKO E&P ONSHORE LLCProducingWard County, TX31.480309-103.360820
42-475-37206MONROE 34-190 4HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioWard County, TX31.544197-103.340658
42-475-38025MONROE 1-10 6HHALCON OPERATING CO., INC.ProducingWard County, TX31.600652-103.386415

Leases included in Monroe

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-053044MONROE STATE-196- 1AMERICAN QUASAR PETROLEUM CO.Ward County, TX
08-054194MONROE 2SAMSON LONE STAR LPWard County, TX
08-073409MONROE 1PERMIAN WEST CORP.Ward County, TX
08-092090MONROE STATE-196- 1OIL CONSORTIUM OF TX., INC.Ward County, TX
08-105943MONROE, LEE 1CRYSTAL RIVER OIL & GAS LLCWard County, TX
08-203078MONROE 2GRIFFIN PETROLEUM COMPANYWard County, TX
08-22587MONROE, CYRUSOIL CONSORTIUM OF TX., INC.Ward County, TX
08-22588MONROE, CYRUS -A-BARSTOW S. W. D., INC.Ward County, TX
08-277612MONROE 34-172 1HANADARKO E&P ONSHORE LLCWard County, TX
08-277726MONROE 34-210 3HANADARKO E&P ONSHORE LLCWard County, TX
08-278363MONROE 34-210 4HANADARKO E&P ONSHORE LLCWard County, TX
08-278948MONROE 34-188 4HANADARKO E&P ONSHORE LLCWard County, TX
08-279240MONROE 34-210 6HANADARKO E&P ONSHORE LLCWard County, TX
08-279241MONROE 34-195 UNIT 3HANADARKO E&P ONSHORE LLCWard County, TX
08-279302MONROE 34-188 5HANADARKO E&P ONSHORE LLCWard County, TX
08-279349MONROE 34-210 5HANADARKO E&P ONSHORE LLCWard County, TX
08-279406MONROE 34-195 UNIT 2HANADARKO E&P ONSHORE LLCWard County, TX
08-279606MONROE 34-188 3HANADARKO E&P ONSHORE LLCWard County, TX
08-280074MONROE 34-210 2HANADARKO E&P ONSHORE LLCWard County, TX
08-280176MONROE 34-210 1HANADARKO E&P ONSHORE LLCWard County, TX
08-281756MONROE 34-190 3HANADARKO E&P ONSHORE LLCWard County, TX
08-281763MONROE 34-172 3HANADARKO E&P ONSHORE LLCWard County, TX
08-281856MONROE 34-220 4HANADARKO E&P ONSHORE LLCWard County, TX
08-282630MONROE 34-172 1HANADARKO E&P ONSHORE LLCWard County, TX
08-282631MONROE 34-210 2HANADARKO E&P ONSHORE LLCWard County, TX
08-282820MONROE 34-172 4HANADARKO E&P ONSHORE LLCWard County, TX
08-282847MONROE 34-220 5HANADARKO E&P ONSHORE LLCWard County, TX
08-283124MONROE 34-221 2HANADARKO E&P ONSHORE LLCWard County, TX
08-35843MONROE '178'PPC OPERATING COMPANY LLCWard County, TX
08-35892MONROE STATE -196-LONE STAR SERVICESWard County, TX
08-36249MONROEGRIFFIN PETROLEUM COMPANYWard County, TX
08-37192MONROESEABOARD OPERATING CO.Ward County, TX
08-38824MONROE '1-8'Vital Energy, Inc.Ward County, TX
08-39877MONROE 34-180ANADARKO E&P ONSHORE LLCWard County, TX
08-39975MONROE 34-210ANADARKO E&P ONSHORE LLCWard County, TX
08-40154MONROE 34-221ANADARKO E&P ONSHORE LLCWard County, TX
08-40322MONROE 34-220ANADARKO E&P ONSHORE LLCWard County, TX
08-40340MONROE 34-172ANADARKO E&P ONSHORE LLCWard County, TX
08-40487MONROE 34-188ANADARKO E&P ONSHORE LLCWard County, TX
08-40721MONROE 34-158ANADARKO E&P ONSHORE LLCWard County, TX
08-40728MONROE 34-190ANADARKO E&P ONSHORE LLCWard County, TX
08-40778MONROE 34-178ANADARKO E&P ONSHORE LLCWard County, TX
08-41452MONROE 34-158 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-42119MONROE 1-10SHELL WESTERN E&PWard County, TX
08-42153MONROE 1-8 WRDVital Energy, Inc.Ward County, TX
08-42155MONROE 1-6 WRDVital Energy, Inc.Ward County, TX
08-42262MONROE 34-195ANADARKO E&P ONSHORE LLCWard County, TX
08-42356MONROE 34-221 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-42459MONROE 34-221 UNIT 2ANADARKO E&P ONSHORE LLCWard County, TX
08-42461MONROE 34-221/212 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-42520MONROE 34-220/211 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-43653MONROE 1-10Vital Energy, Inc.Ward County, TX
08-43705MONROE 1-8Vital Energy, Inc.Ward County, TX
08-43930MONROE 1-8 UNITVital Energy, Inc.Ward County, TX
08-45861MONROE 34-195 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-46332MONROE 1-10PDEH LLCWard County, TX
08-48029MONROE 34-178ANADARKO E&P ONSHORE LLCWard County, TX
08-48201MONROE 34-180ANADARKO E&P ONSHORE LLCWard County, TX
08-48233MONROE 34-190ANADARKO E&P ONSHORE LLCWard County, TX
08-48235MONROE 34-221ANADARKO E&P ONSHORE LLCWard County, TX
08-48255MONROE 34-221 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-48256MONROE 34-221 UNIT 2ANADARKO E&P ONSHORE LLCWard County, TX
08-48285MONROE 34-221/212 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-48314MONROE 34-195ANADARKO E&P ONSHORE LLCWard County, TX
08-48315MONROE 34-220/211 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-48666MONROE 34-188ANADARKO E&P ONSHORE LLCWard County, TX
08-48720MONROE 34-158 UNITANADARKO E&P ONSHORE LLCWard County, TX
08-48728MONROE 34-172ANADARKO E&P ONSHORE LLCWard County, TX
08-48751MONROE 34-220ANADARKO E&P ONSHORE LLCWard County, TX
08-49058MONROE 34-172ANADARKO E&P ONSHORE LLCWard County, TX
08-49613MONROE 34-221ANADARKO E&P ONSHORE LLCWard County, TX
08-49801MONROE 34-220ANADARKO E&P ONSHORE LLCWard County, TX
08-49865MONROE 34-190ANADARKO E&P ONSHORE LLCWard County, TX
08-50079MONROE 1-10HALCON OPERATING CO., INC.Ward County, TX
08-50424MONROE STATE-196-ALCON H2OIL LLCWard County, TX

Nearby Properties

These are the closest 20 properties to the Monroe property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlackWard County, TX753 BBLs2,524 MCFAug 2024
Blue OxWard County, TX793 BBLs4,140 MCFAug 2024
BP 34-211Ward County, TX235 BBLs562 MCFAug 2024
Colt 34-212Ward County, TX2,254 BBLs2,295 MCFAug 2024
CoyoteWard County, TX462 BBLs599 MCFAug 2024
Drakester 209Ward County, TX801 BBLs5,307 MCFAug 2024
Emma 218-219 Unit 1HWard County, TX3,024 BBLs38,207 MCFAug 2024
Happy HippoWard County, TX2,496 BBLs7,123 MCFAug 2024
HartwichWard County, TX0 BBLs0 MCFDec 2023
Jumping BearWard County, TX470 BBLs490 MCFAug 2024
Kimbell 34-194Ward County, TX962 BBLs5,884 MCFAug 2024
Lost FrogWard County, TX483 BBLs3,448 MCFAug 2024
Platinum 218-34Ward County, TX11,518 BBLs135,626 MCFAug 2024
Quito S. W. (Delaware) UnitWard County, TX29 BBLs80 MCFAug 2024
RhinoWard County, TX178 BBLs200 MCFAug 2024
Tridacna 34-208 WRD UnitWard County, TX3,424 BBLs25,602 MCFJul 2024
UglyWard County, TX30 BBLs22 MCFAug 2024
WarthogWard County, TX201 BBLs379 MCFAug 2024
ZPZ 34-196 WRD UnitWard County, TX3,650 BBLs19,640 MCFJul 2024
ZPZ 34-211 UnitWard County, TX409 BBLs192 MCFAug 2024

Owners of Monroe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ANADARKO E&P ONSHORE LLCMONROE 34-172ANADARKO E&P ONSHORE
2024ANADARKO E&P ONSHORE LLCMONROE 34-172ANADARKO E&P ONSHORE
2024ANADARKO E&P ONSHORE LLCMONROE 34-172ANADARKO E&P ONSHORE
2024HALCON OPERATING CO INCMONROE 1-10 1HHALCON OPERATING
2024ANADARKO E&P ONSHORE LLCMONROE 34-188ANADARKO E&P ONSHORE
2024ANADARKO E&P ONSHORE LLCMONROE 34-188ANADARKO E&P ONSHORE
2024ANADARKO E&P ONSHORE LLCMONROE 34-188ANADARKO E&P ONSHORE
2024ANADARKO E&P ONSHORE LLCMONROE 34-188ANADARKO E&P ONSHORE
Displaying 8 of 523 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Monroe

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-40778MONROE 34-178Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-41452MONROE 34-158 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-42153MONROE 1-8 WRDAug 2024ENTERPRISE CRUDE OIL LLCPOINT ENERGY PARTNERS PETROLEUM, LLC
08-42155MONROE 1-6 WRDAug 2024ENTERPRISE CRUDE OIL LLCPOINT ENERGY PARTNERS PETROLEUM, LLC
08-42356MONROE 34-221 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-43653MONROE 1-10Aug 2024ENTERPRISE CRUDE OIL LLCPOINT ENERGY PARTNERS PETROLEUM, LLC
08-45861MONROE 34-195 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-46332MONROE 1-10Aug 2024CONOCOPHILLIPS COMPANY
08-48029MONROE 34-178Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48233MONROE 34-190Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48235MONROE 34-221Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48255MONROE 34-221 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48256MONROE 34-221 UNIT 2Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48285MONROE 34-221/212 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48314MONROE 34-195Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48666MONROE 34-188Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48720MONROE 34-158 UNITAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-48751MONROE 34-220Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-49058MONROE 34-172Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-49613MONROE 34-221Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-49801MONROE 34-220Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-49865MONROE 34-190Aug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-50079MONROE 1-10Aug 2024RIO ENERGY INTERNATIONAL, INC.
08-50079MONROE 1-10Jul 2024HALCON OPERATING CO., INC.HALCON OPERATING CO., INC.
08-50079MONROE 1-10Jul 2024HALCON OPERATING CO., INC.