Texas operator · P-5 828293
Subsea Operating Co.
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Subsea Operating Co.
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
- SUBSEA OPERATING CO.
- Operator number (P-5)
- 828293
- P-5 status
- active
- Organization type
- Corporation
- Location
- Albany, TX
- Mailing city
- Albany, TX
- Activities filed
- Oil Operator
- Last P-5 received
- February 4, 2026
- Record built
- March 2, 2001
- Inactive since
- May 28, 2004
- 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
- SUBSEA OPERATING CO.
- Taxpayer number
- 17529226312
- Entity type
- Texas profit corporation
- Secretary of State file number
- 0161552400
- Secretary of State status
- Active (February 8, 2001)
- Right to transact business in Texas
- Active
- Formed
- February 8, 2001
- Formed in
- TX
- Mailing city
- Albany, 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 0161552400), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 27,600 barrels
- Down 21.3% from the 12 months before
- Gas, last 12 months
- 0 mcf
Oil reported each month, in barrels
- Jul 20262,039
- Jun 20262,101
- May 20262,169
- Apr 20262,177
- Mar 20262,328
- Feb 20262,112
- Jan 20262,006
- Dec 20252,343
- Nov 20252,421
- Oct 20252,562
- Sep 20252,582
- Aug 20252,760
Source: Railroad Commission of Texas, production data query, as of July 1, 2026.
Drilling permits
Permits filed with the state
10 drilling permits in the last three years: 1 in 2023, 2 in 2024, 7 in 2025. A permit is permission to drill. It is not a well.
| Issued | Lease, county and type |
|---|---|
| 2025-10-30 | HOWSLEY 486 #1Shackelford County · Vertical |
| 2025-10-27 | FINCHER '488' #1Shackelford County · Vertical |
| 2025-07-08 | MATTHEWS 23 #8Throckmorton County · Vertical |
| 2025-07-08 | MATTHEWS 23 #7Throckmorton County · Vertical |
| 2025-04-16 | MATTHEWS 23 #6RThrockmorton County · Vertical |
| 2025-04-16 | MATTHEWS 23 #6Throckmorton County · Vertical |
| 2025-04-03 | MATTHEWS 23 #5Throckmorton County · Vertical |
| 2024-07-11 | MATTHEWS 23 #4Throckmorton County · Vertical |
| 2024-05-14 | MATTHEWS 23 #3Throckmorton County · Vertical |
| 2023-10-23 | MATTHEWS 23 #2Throckmorton County · Vertical |
Source: Railroad Commission of Texas, drilling permit records.
Leases
Leases this company operates
7 leases on the state record, 3 with production in the last twelve months. The largest by production:
- Matthews 23Throckmorton County · 18,662 bbl of oil
- Matthews 75DThrockmorton County · 5,489 bbl of oil
- Matthews, Angi PaThrockmorton County · 3,449 bbl of oil
- LambsheadThrockmorton County · 687 bbl of oil
- Matthews QDThrockmorton County · nothing reported in 12 months
- LambsheadThrockmorton County · nothing reported in 12 months
- Angi Matthews Pa LeaseThrockmorton County · nothing reported in 12 months
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Subsea Operating Co. 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 Subsea Operating Co.?
The Railroad Commission lists Subsea Operating Co. as operator number 828293, P-5 active, in Albany, TX. Its leases reported 27,600 barrels of oil and 0 mcf of gas in the last twelve months.
Is Subsea Operating Co. a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: SUBSEA OPERATING CO., 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 Subsea Operating Co. report?
In the last twelve months the leases Subsea Operating Co. operates reported 27,600 barrels of oil and 0 mcf of gas to the Railroad Commission, through July 1, 2026. It has 7 leases on the state record, 3 with production in that time.
How many drilling permits has Subsea Operating Co. filed?
10 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 Subsea Operating Co.: 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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- 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.