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Royalty Clerk

Texas operator · P-5 102445

P & F Operating, LLC

The Railroad Commission lists P & F Operating, LLC as operator number 102445, P-5 unknown, in Dallas, TX. Its leases reported 2,890 barrels of oil and 3,029 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 P & F Operating, LLC

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
P & F OPERATING, LLC
Operator number (P-5)
102445
P-5 status
unknown
Organization type
Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
Location
Dallas, TX
Mailing city
Dallas, TX
Activities filed
Oil Operator
Last P-5 received
August 27, 2026
Record built
September 9, 2024
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
P & F OPERATING, LLC
Taxpayer number
32096163616
Entity type
Texas limited liability company
Secretary of State file number
0805646905
Secretary of State status
Active (July 31, 2024)
Right to transact business in Texas
Active
Formed
July 31, 2024
Formed in
TX
Mailing city
Dallas, 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 0805646905), Comptroller account status.

Production

What the state's reports show

Oil, last 12 months
2,890 barrels
Gas, last 12 months
3,029 mcf

Oil reported each month, in barrels

  • Jul 2026557
  • Jun 2026216
  • May 2026286
  • Apr 2026341
  • Mar 2026343
  • Feb 2026112
  • Jan 2026103
  • Dec 2025100
  • Nov 2025171
  • Oct 2025282
  • Sep 2025186
  • Aug 2025193

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

Drilling permits

Permits filed with the state

3 drilling permits in the last three years: 3 in 2026. A permit is permission to drill. It is not a well.

The most recent drilling permits
IssuedLease, county and type
2026-04-29THOMPSON #13Moore County · Vertical
2026-04-10THOMPSON #16Moore County · Vertical
2026-03-23THOMPSON #15Moore County · Vertical

Source: Railroad Commission of Texas, drilling permit records.

Leases

Leases this company operates

6 leases on the state record, 1 with production in the last twelve months. The largest by production:

Operator changes

Leases this company took over or handed over

6 taken over and 0 handed over since the state's history begins; 1 and 0 in the last twelve months. The month is the first month the change shows in production reports.

  • Took over McCorvey, Clarene, Caldwell CountyMar 2026 · from Covalent Exploration Incorporate
  • Took over Longboat T57, Moore CountyMar 2025 · from X72 Operating Corp.
  • Took over Thompson, Moore CountyMar 2025 · from X72 Operating Corp.
  • Took over McCorvey -A-, Caldwell CountyJan 2025 · from Covalent Exploration Incorporate
  • Took over McCorvey, Allan, Caldwell CountyJan 2025 · from Covalent Exploration Incorporate
  • Took over McCorvey "C", Caldwell CountyJan 2025 · from Covalent Exploration Incorporate

Use it

Follow this company, or check a paper it sent you

New permits and production

One email a week when P & F Operating, LLC files a drilling permit, completes a well or reports first production. Free with an account.

Leases, counties and fields for P & F Operating, LLC

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 P & F Operating, LLC?

The Railroad Commission lists P & F Operating, LLC as operator number 102445, P-5 unknown, in Dallas, TX. Its leases reported 2,890 barrels of oil and 3,029 mcf of gas in the last twelve months.

Is P & F Operating, LLC a registered business in Texas?

The Comptroller's franchise tax file lists a business entity that matches the company: P & F OPERATING, LLC, a texas limited liability company, 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 P & F Operating, LLC report?

In the last twelve months the leases P & F Operating, LLC operates reported 2,890 barrels of oil and 3,029 mcf of gas to the Railroad Commission, through July 1, 2026. It has 6 leases on the state record, 1 with production in that time.

How many drilling permits has P & F Operating, LLC filed?

3 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.

Follow new permits by email

I got a letter or an offer from P & F Operating, LLC: 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.