Texas operator · P-5 825474
Strategy Operating, LLC
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Strategy 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
- STRATEGY OPERATING, LLC
- Operator number (P-5)
- 825474
- P-5 status
- Delinquent
- 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
- Gas Operator
- Last P-5 received
- May 9, 2023
- Record built
- March 27, 2019
- Refiling required
- Yes
The Railroad Commission lists this company’s P-5 registration as delinquent; its last P-5 filing was on May 9, 2023. If your royalty checks from it stopped, check your lease for the likely reasons and who to write to.
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
- STRATEGY OPERATING, LLC
- Taxpayer number
- 32069028036
- Entity type
- Texas limited liability company
- Secretary of State file number
- 0803173893
- Secretary of State status
- Active (November 28, 2018)
- Right to transact business in Texas
- Active
- Formed
- November 28, 2018
- 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 0803173893), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 0 barrels
- Gas, last 12 months
- 29,486 mcf
- Down 61.4% from the 12 months before
Oil reported each month, in barrels
- Feb 20250
- Jan 20250
- Dec 20240
- Nov 20240
- Oct 20240
- Sep 20240
- Aug 20240
- Jul 20240
- Jun 20240
- May 20240
- Apr 20240
- Mar 20240
Source: Railroad Commission of Texas, production data query, as of February 1, 2025.
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
7 leases on the state record, 0 with production in the last twelve months. The largest by production:
- ElsinorePecos County · 11,546 mcf of gas
- LaescaleraPecos County · 11,389 mcf of gas
- ElsinorePecos County · 3,545 mcf of gas
- Elsinore Royalty CompanyPecos County · 1,012 mcf of gas
- ElsinorePecos County · 1,008 mcf of gas
- LaescaleraPecos County · 851 mcf of gas
- Elsinore Royalty Co.Pecos County · 135 mcf of gas
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Strategy 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 Strategy Operating, LLC?
The Railroad Commission lists Strategy Operating, LLC as operator number 825474, P-5 delinquent, in Midland, TX. Its leases reported 0 barrels of oil and 29,486 mcf of gas in the last twelve months.
Is Strategy Operating, LLC a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: STRATEGY 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 Strategy Operating, LLC report?
In the last twelve months the leases Strategy Operating, LLC operates reported 0 barrels of oil and 29,486 mcf of gas to the Railroad Commission, through February 1, 2025. It has 7 leases on the state record, 0 with production in that time.
I got a letter or an offer from Strategy 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
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.
- 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.