Texas operator · P-5 573226
Modern Exploration, Inc.
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Modern Exploration, Inc.
Railroad Commission record
Who the state lists
The Railroad Commission lists this company as an operator: it reports wells and leases in Texas.
- Name on file
- MODERN EXPLORATION, INC.
- Operator number (P-5)
- 573226
- P-5 status
- active
- Organization type
- Corporation
- Location
- Sherman, TX
- Mailing city
- Sherman, TX
- Activities filed
- Gas Operator, Oil Operator
- Last P-5 received
- June 30, 2026
- Record built
- August 25, 1978
- Refiling required
- Yes
Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.
Comptroller and Secretary of State
The business entity on file
- Legal name
- MODERN EXPLORATION, INC.
- Taxpayer number
- 17515454779
- Entity type
- Texas profit corporation
- Secretary of State file number
- 0040050000
- Secretary of State status
- Active (March 11, 1977)
- Right to transact business in Texas
- Active
- Formed
- March 11, 1977
- Formed in
- TX
- Mailing city
- Sherman, 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 0040050000), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 184,170 barrels
- Up 52.6% from the 12 months before
- Gas, last 12 months
- 124,520 mcf
- Up 157.2% from the 12 months before
Oil reported each month, in barrels
- Jul 202617,724
- Jun 202627,071
- May 202618,841
- Apr 202616,662
- Mar 202617,856
- Feb 202616,646
- Jan 202613,110
- Dec 202512,298
- Nov 202510,897
- Oct 202511,673
- Sep 202510,979
- Aug 202510,413
Source: Railroad Commission of Texas, production data query, as of July 1, 2026.
Drilling permits
Permits filed with the state
4 drilling permits in the last three years: 2 in 2024, 2 in 2025. A permit is permission to drill. It is not a well.
| Issued | Lease, county and type |
|---|---|
| 2025-10-23 | GROVER #3HLavaca County · Horizontal |
| 2025-02-13 | ROARK #1McMullen County · Vertical |
| 2024-09-18 | SOUTHERN CROSS #1HGonzales County · Horizontal |
| 2024-06-06 | ELLIS #1Gonzales County · Horizontal |
Source: Railroad Commission of Texas, drilling permit records.
Leases
Leases this company operates
37 leases on the state record, 21 with production in the last twelve months. The largest by production:
- GroverLavaca County · 59,420 bbl of oil
- Southern CrossGonzales County · 51,972 bbl of oil
- Dave HusemanGonzales County · 22,876 bbl of oil
- HarrisonGonzales County · 21,527 bbl of oil
- HusemanGonzales County · 13,927 bbl of oil
- Nell, EmmaGonzales County · 4,384 bbl of oil
- Grand Slam UnitGonzales County · 1,651 bbl of oil
- Emogene UnitGonzales County · 1,428 bbl of oil
- MostynGonzales County · 1,249 bbl of oil
- Mission ValleyVictoria County · 362 bbl of oil
- BlockCooke County · 188 bbl of oil
- Kasper, DonGonzales County · 930 bbl of oil
- Lester-Bruns UnitGonzales County · 928 bbl of oil
- Texas Two StepGonzales County · 833 bbl of oil
- Gentry UnitLee County · 705 bbl of oil
- Boucher UnitGonzales County · 605 bbl of oil
- Owen, HerbBastrop County · 473 bbl of oil
- EllisGonzales County · 403 bbl of oil
- Steglich "A"Bastrop County · 292 bbl of oil
- Steglich, LeroyBastrop County · 256 bbl of oil
- MageeGonzales County · 76 bbl of oil
- McCurley UnitBastrop County · 74 bbl of oil
- Root, JohnGonzales County · 24 bbl of oil
- EllisGonzales County · nothing reported in 12 months
- McCoyFoard County · nothing reported in 12 months
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Modern Exploration, Inc. files a drilling permit, completes a well or reports first production. Free with an account.
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.
FAQ
Questions people ask
Who is Modern Exploration, Inc.?
The Railroad Commission lists Modern Exploration, Inc. as operator number 573226, P-5 active, in Sherman, TX. Its leases reported 184,170 barrels of oil and 124,520 mcf of gas in the last twelve months.
Is Modern Exploration, Inc. a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: MODERN EXPLORATION, INC., a texas profit corporation, Secretary of State status Active, right to transact business in Texas: Active. Confirm it in the Secretary of State's business search.
How much oil and gas did Modern Exploration, Inc. report?
In the last twelve months the leases Modern Exploration, Inc. operates reported 184,170 barrels of oil and 124,520 mcf of gas to the Railroad Commission, through July 1, 2026. It has 37 leases on the state record, 21 with production in that time.
How many drilling permits has Modern Exploration, Inc. filed?
4 drilling permits in the last three years in the permit feed this site reads. A permit is permission to drill, not a well: many are never drilled.
I got a letter or an offer from Modern Exploration, 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.
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.
Related
Keep going
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- HelpI got a letter from an oil companyUpload it. We say what it is, what it asks and what to look at.
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- Texas dataTexas operator changesWho took over whose leases in the last 24 months.
- CheckCheck my statementUpload a stub. Every month against the state record.
- HelpTexas division ordersWhat you may sign, what you may refuse, what to check.
Sources
Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.