Texas operator · P-5 650621
Pegasus Operating, Inc.
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Pegasus Operating, 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
- PEGASUS OPERATING, INC.
- Operator number (P-5)
- 650621
- P-5 status
- delinquent
- Organization type
- Corporation
- Location
- Coldspring, TX
- Mailing city
- Coldspring, TX
- Last P-5 received
- April 7, 2025
- Record built
- April 29, 1992
- 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
- PEGASUS OPERATING, INC.
- Taxpayer number
- 17426275115
- Entity type
- Texas profit corporation
- Secretary of State file number
- 0122322200
- Secretary of State status
- Active (February 28, 1992)
- Right to transact business in Texas
- Active
- Formed
- February 28, 1992
- Formed in
- TX
- Mailing city
- Coldspring, 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 0122322200), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 1,560 barrels
- Down 74.5% from the 12 months before
- Gas, last 12 months
- 725 mcf
- Down 59.5% from the 12 months before
Oil reported each month, in barrels
- Nov 202420
- Oct 202442
- Sep 20248
- Aug 202410
- Jul 202412
- Jun 202444
- May 20246
- Apr 2024175
- Mar 2024356
- Feb 2024358
- Jan 2024177
- Dec 2023352
Source: Railroad Commission of Texas, production data query, as of November 1, 2024.
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
1 leases on the state record, 0 with production in the last twelve months. The largest by production:
Operator changes
Leases this company took over or handed over
0 taken over and 4 handed over since the state's history begins; 0 and 0 in the last twelve months. The month is the first month the change shows in production reports.
- Handed over Clement, G. S., Jackson CountyDec 2024 · to Black Draw Energy LLC
- Handed over Clements, G. S., Jackson CountyDec 2024 · to Black Draw Energy LLC
- Handed over Clements, George S., Jackson CountyDec 2024 · to Black Draw Energy LLC
- Handed over Babb, T. J., Jackson CountySep 2020 · to Rincon Petroleum Corporation
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Pegasus Operating, 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 Pegasus Operating, Inc.?
The Railroad Commission lists Pegasus Operating, Inc. as operator number 650621, P-5 delinquent, in Coldspring, TX. Its leases reported 1,560 barrels of oil and 725 mcf of gas in the last twelve months.
Is Pegasus Operating, Inc. a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: PEGASUS OPERATING, 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 Pegasus Operating, Inc. report?
In the last twelve months the leases Pegasus Operating, Inc. operates reported 1,560 barrels of oil and 725 mcf of gas to the Railroad Commission, through November 1, 2024. It has 1 leases on the state record, 0 with production in that time.
I got a letter or an offer from Pegasus 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.
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
- Texas dataTexas oil and gas companiesOperators and buyers: the state's record, permits, leases, production.
- HelpI got a letter from an oil companyUpload it. We say what it is, what it asks and what to look at.
- ToolTexas well watchPermit, completion, first production and when the first check is due.
- 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.