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Royalty Clerk

Texas operator · P-5 102954

Pbex-MCM Operating, LLC

The Railroad Commission lists Pbex-MCM Operating, LLC as operator number 102954, P-5 active, in Midland, TX. Its leases reported 302,935 barrels of oil and 102,631 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 Pbex-MCM 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
PBEX-MCM OPERATING, LLC
Operator number (P-5)
102954
P-5 status
active
Organization type
Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
Location
Midland, TX
Mailing city
Midland, TX
Activities filed
Oil Operator
Last P-5 received
March 17, 2026
Record built
March 14, 2025
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
PBEX-MCM OPERATING, LLC
Taxpayer number
32098684973
Entity type
Texas limited liability company
Secretary of State file number
0805891889
Secretary of State status
Active (February 3, 2025)
Right to transact business in Texas
Active
Formed
February 3, 2025
Formed in
TX
Mailing city
Midland, 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 0805891889), Comptroller account status.

Production

What the state's reports show

Oil, last 12 months
302,935 barrels
Gas, last 12 months
102,631 mcf

Oil reported each month, in barrels

  • Jul 202623,232
  • Jun 202615,774
  • May 202625,530
  • Apr 202629,366
  • Mar 202631,353
  • Feb 202632,105
  • Jan 202634,330
  • Dec 202548,114
  • Nov 202551,155
  • Oct 202511,284
  • Sep 2025257
  • Aug 2025435

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

Drilling permits

Permits filed with the state

15 drilling permits in the last three years: 6 in 2025, 9 in 2026. A permit is permission to drill. It is not a well.

The most recent drilling permits
IssuedLease, county and type
2026-04-06VEGAS VIC 44-32 UNIT #311HDawson County · Horizontal
2026-03-20VEGAS VICKIE 43-31 UNIT #371HDawson County · Horizontal
2026-03-19VEGAS VICKIE 43-31 UNIT #351HDawson County · Horizontal
2026-02-19CAESARS 36-24 UNIT #311HDawson County · Horizontal
2026-02-13NY NY 37-1 UNIT #341HDawson County · Horizontal
2026-02-13NY NY 37-1 UNIT #321HDawson County · Horizontal
2026-02-12FOUR QUEENS 2-14 UNIT #351HDawson County · Horizontal
2026-02-02SAHARA 2-14 UNIT #331HDawson County · Horizontal
2026-02-02SAHARA 2-14 UNIT #311HDawson County · Horizontal
2025-07-01RIVIERA 43-31 UNIT #352HDawson County · Horizontal

Source: Railroad Commission of Texas, drilling permit records.

Leases

Leases this company operates

3 leases on the state record, 3 with production in the last twelve months. The largest by production:

Operator changes

Leases this company took over or handed over

5 taken over and 3 handed over since the state's history begins; 0 and 3 in the last twelve months. The month is the first month the change shows in production reports.

  • Handed over Webb, Mary, Martin CountyFeb 2026 · to Diamondback E&P LLC
  • Handed over Webb, Mary, Martin CountyFeb 2026 · to Diamondback E&P LLC
  • Handed over Romone Unit, Ward CountyDec 2025 · to MCM Operating, LLC
  • Took over Riddle, Dawson CountyOct 2025 · from Pbex Operations, LLC
  • Took over Erwin-Walton, Midland CountyOct 2025 · from Pbex Operations, LLC
  • Took over Romone Unit, Ward CountyJun 2025 · from Kaiser-Francis Oil Company
  • Took over Webb, Mary, Martin CountyApr 2025 · from XTO Energy Inc.
  • Took over Webb, Mary, Martin CountyApr 2025 · from XTO Energy Inc.

Use it

Follow this company, or check a paper it sent you

New permits and production

One email a week when Pbex-MCM Operating, LLC files a drilling permit, completes a well or reports first production. Free with an account.

Leases, counties and fields for Pbex-MCM 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 Pbex-MCM Operating, LLC?

The Railroad Commission lists Pbex-MCM Operating, LLC as operator number 102954, P-5 active, in Midland, TX. Its leases reported 302,935 barrels of oil and 102,631 mcf of gas in the last twelve months.

Is Pbex-MCM Operating, LLC a registered business in Texas?

The Comptroller's franchise tax file lists a business entity that matches the company: PBEX-MCM 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 Pbex-MCM Operating, LLC report?

In the last twelve months the leases Pbex-MCM Operating, LLC operates reported 302,935 barrels of oil and 102,631 mcf of gas to the Railroad Commission, through July 1, 2026. It has 3 leases on the state record, 3 with production in that time.

How many drilling permits has Pbex-MCM Operating, LLC filed?

15 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 Pbex-MCM 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.