Texas operator · P-5 687719
R2q Operating LLC
Facts and their sources. No rating, no opinion.
The record
What the state's files show about R2q 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
- R2Q OPERATING LLC
- Operator number (P-5)
- 687719
- P-5 status
- Active (extension)
- Organization type
- Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
- Location
- Iowa Park, TX
- Mailing city
- Iowa Park, TX
- Activities filed
- Gas Operator, Oil Operator
- Last P-5 received
- September 12, 2025
- Record built
- October 7, 2016
- Refiling required
- Yes
Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.
Comptroller and Secretary of State
A possible match in the Comptroller's file
This record matched the company by name and place, not by a number both files share. Check it before relying on it.
- Legal name
- R2Q OPERATING LLC
- Taxpayer number
- 32061467935
- Entity type
- Texas limited liability company
- Secretary of State file number
- 0802535562
- Secretary of State status
- Active (September 2, 2016)
- Right to transact business in Texas
- Active
- Formed
- September 2, 2016
- 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 0802535562), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 301,784 barrels
- Up 9.1% from the 12 months before
- Gas, last 12 months
- 131,772 mcf
- Up 284.9% from the 12 months before
Oil reported each month, in barrels
- Jun 202631,734
- May 202636,921
- Apr 202624,744
- Mar 202636,434
- Feb 202619,853
- Jan 202620,608
- Dec 202521,255
- Nov 202522,576
- Oct 202523,265
- Sep 202521,836
- Aug 202521,082
- Jul 202521,476
Source: Railroad Commission of Texas, production data query, as of June 1, 2026.
Drilling permits
Permits filed with the state
11 drilling permits in the last three years: 1 in 2024, 5 in 2025, 5 in 2026. A permit is permission to drill. It is not a well.
| Issued | Lease, county and type |
|---|---|
| 2026-09-28 | BRADLEY #32TWichita County · Vertical |
| 2026-09-18 | SAUDER A #11Wichita County · Vertical |
| 2026-04-09 | WILLIS #3Wichita County · Vertical |
| 2026-04-09 | SAUDER A #10Wichita County · Vertical |
| 2026-04-09 | SAUDER A #9Wichita County · Vertical |
| 2025-10-28 | SAUDER A #8Wichita County · Vertical |
| 2025-08-14 | BRADLEY #31TWichita County · Vertical |
| 2025-06-13 | SAUDER A #7Wichita County · Vertical |
| 2025-01-16 | WILLIS #2Wichita County · Vertical |
| 2025-01-07 | WAGGONER, J & J KMA UNIT #98Wichita County · Vertical |
Source: Railroad Commission of Texas, drilling permit records.
Leases
Leases this company operates
320 leases on the state record, 171 with production in the last twelve months. The largest by production:
- Scotland Waterflood UnitArcher County · 63,587 bbl of oil
- Mangold Kma Waterflood UnitWichita County · 25,078 bbl of oil
- Sauder AWichita County · 19,283 bbl of oil
- BryanGrayson County · 8,140 bbl of oil
- Kempner UnitWichita County · 12,869 bbl of oil
- McKinney-HernstadtGrayson County · 10,421 bbl of oil
- Bradley RanchWichita County · 10,768 bbl of oil
- LowryWichita County · 8,945 bbl of oil
- Coleman -G-Archer County · 6,726 bbl of oil
- Cole, M. T. -B-Gregg County · 6,255 bbl of oil
- Martin Properties -B-Wichita County · 6,231 bbl of oil
- Country ClubGrayson County · 5,694 bbl of oil
- Foster, H. L.Gregg County · 5,372 bbl of oil
- J & J WaggonerWichita County · 5,145 bbl of oil
- McKinneyGrayson County · 3,745 bbl of oil
- BradleyWichita County · 4,560 bbl of oil
- Waggoner, J & J Kma UnitWichita County · 4,332 bbl of oil
- McCarty, S. H. AbkWichita County · 4,270 bbl of oil
- BurnettWichita County · 4,228 bbl of oil
- Moncrief-Munger-Kma UnitWichita County · 4,056 bbl of oil
- Four CornerArcher County · 3,516 bbl of oil
- HamiltonWichita County · 3,476 bbl of oil
- Denny-Hodges UnitWichita County · 3,375 bbl of oil
- Watkins, A. J.Upshur County · 3,341 bbl of oil
- Country ClubGrayson County · 3,036 bbl of oil
Operator changes
Leases this company took over or handed over
170 taken over and 13 handed over since the state's history begins; 23 and 0 in the last twelve months. The month is the first month the change shows in production reports.
- Took over Newsom, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Country Club, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Coleman, W. M. -A-, Archer CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Armstrong, B. F., Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over GGH, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Morgan, Wichita CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Coleman -G-, Archer CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Scotland Waterflood Unit, Archer CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over McKinney-Hernstadt, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Hill-Anderson, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Bryan-Bennett Unit, Grayson CountyMar 2026 · from Cholla Petroleum, Inc.
- Took over Medders North, Archer CountyMar 2026 · from Cholla Petroleum, Inc.
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when R2q Operating LLC 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 R2q Operating LLC?
The Railroad Commission lists R2q Operating LLC as operator number 687719, P-5 active, in Iowa Park, TX. Its leases reported 301,784 barrels of oil and 131,772 mcf of gas in the last twelve months.
Is R2q Operating LLC a registered business in Texas?
The Comptroller's franchise tax file lists a possible match by name and place: R2Q OPERATING LLC, a texas limited liability company, Secretary of State status Active, right to transact business in Texas: Active. The match is by name and place, not by a number both files share, so check it before relying on it. Confirm it in the Secretary of State's business search.
How much oil and gas did R2q Operating LLC report?
In the last twelve months the leases R2q Operating LLC operates reported 301,784 barrels of oil and 131,772 mcf of gas to the Railroad Commission, through June 1, 2026. It has 320 leases on the state record, 171 with production in that time.
How many drilling permits has R2q Operating LLC filed?
11 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 R2q 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.
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
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- 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.