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Royalty Clerk

Texas operator and buyer · P-5 567103

Milestone Operating, Inc.

The Railroad Commission lists Milestone Operating, Inc. as operator number 567103, P-5 active, in Montgomery, TX. Its leases reported 30,280 barrels of oil and 45,805 mcf of gas in the last twelve months.

Facts and their sources. No rating, no opinion.

The record

What the state's files show about Milestone Operating, Inc.

Railroad Commission record

Who the state lists

The Railroad Commission lists this company as an operator, and the state's records list it as a purchaser or gatherer.

Name on file
MILESTONE OPERATING, INC.
Operator number (P-5)
567103
P-5 status
Active
Organization type
Corporation
Location
Montgomery, TX
Mailing city
Montgomery, TX
Activities filed
Casinghead Gas Purchaser, Gas Purchaser, Gas Operator, Oil Operator
Last P-5 received
March 31, 2026
Record built
April 3, 2001
Refiling required
Yes

Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.

Owner relations

How to reach Milestone Operating, Inc. as an owner

Not checked yet

We have not checked Milestone Operating, Inc.’s owner-relations desk yet. Here is how owners usually find it:

  1. Look at a recent check stub or statement. The phone number and address printed on it usually reach the owner relations department.
  2. Search the company’s own website for “owner relations” or “royalty owners”. Larger operators have a page and an online owner portal.
  3. The Railroad Commission file above has the company’s mailing address. A letter sent there reaches the company, though not always the right desk.
  4. Put your owner number and the property name or number on every letter and call.

Comptroller and Secretary of State

The business entity on file

Legal name
MILESTONE OPERATING, INC.
Taxpayer number
17606658882
Entity type
Texas profit corporation
Secretary of State file number
0161185400
Secretary of State status
Reinstated (August 24, 2016)
Right to transact business in Texas
Active
Formed
January 5, 2001
Formed in
TX
Mailing city
Montgomery, TX

Source: Texas Comptroller, franchise tax permit holder file (data.texas.gov), as of September 26, 2026.

Look it up yourself: Secretary of State business filings (search for file number 0161185400), Comptroller account status.

Production

What the state's reports show

Oil, last 12 months
30,280 barrels
Down 13.5% from the 12 months before
Gas, last 12 months
45,805 mcf
Up 1.4% from the 12 months before

Oil reported each month, in barrels

  • Jun 20260
  • May 20262,910
  • Apr 20261,796
  • Mar 20262,819
  • Feb 20262,722
  • Jan 20262,189
  • Dec 20252,975
  • Nov 20252,473
  • Oct 20252,509
  • Sep 20253,193
  • Aug 20253,413
  • Jul 20253,281

Source: Railroad Commission of Texas, production data query, as of June 1, 2026.

Drilling permits

Permits filed with the state

0 drilling permits in the last three years. A permit is permission to drill. It is not a well.

Source: Railroad Commission of Texas, drilling permit records.

Leases

Leases this company operates

53 leases on the state record, 25 with production in the last twelve months. The largest by production:

Use it

Follow this company, or check a paper it sent you

New permits and production

One email a week when Milestone Operating, Inc. files a drilling permit, completes a well or reports first production. Free with an account.

Leases, counties and fields for Milestone Operating, Inc.

A paper from this company

A division order, a lease, a buyout offer or a letter: upload it and we say what it is, what it asks and which terms deserve a question.

Read a letterCheck a buyout offerCheck a lease offer

FAQ

Questions people ask

Who is Milestone Operating, Inc.?

The Railroad Commission lists Milestone Operating, Inc. as operator number 567103, P-5 active, in Montgomery, TX. Its leases reported 30,280 barrels of oil and 45,805 mcf of gas in the last twelve months. The state's records also list it as a purchaser or gatherer.

Is Milestone Operating, Inc. a registered business in Texas?

The Comptroller's franchise tax file lists a business entity that matches the company: MILESTONE OPERATING, INC., a texas profit corporation, Secretary of State status Reinstated, right to transact business in Texas: Active. Confirm it in the Secretary of State's business search.

How much oil and gas did Milestone Operating, Inc. report?

In the last twelve months the leases Milestone Operating, Inc. operates reported 30,280 barrels of oil and 45,805 mcf of gas to the Railroad Commission, through June 1, 2026. It has 53 leases on the state record, 25 with production in that time.

I got a letter or an offer from Milestone Operating, Inc.: what should I do?

Do not sign or call yet. Keep every page and the envelope, compare the paper with your deed, lease and last statements, and answer in writing. You can upload the letter to have it read: it says what kind of paper it is, what it asks, and which terms deserve a question, quoting the words they come from.

Upload the letter

Where does this page's information come from, and how current is it?

The record is the Railroad Commission's P-5 Organization Report file, dated September 22, 2026. The entity is the Comptroller's franchise tax file. Production, permits and leases are the Commission's own reports. The page shows no rating and no opinion.