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Royalty Clerk

Texas operator · P-5 840878

Team Operating, L.L.C.

The Railroad Commission lists Team Operating, L.L.C. as operator number 840878, P-5 active, in Cypress, TX. Its leases reported 259,705 barrels of oil and 111,049 mcf of gas in the last twelve months.
The state recordGot a letter from them?

Facts and their sources. No rating, no opinion.

The record

What the state's files show about Team Operating, L.L.C.

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
TEAM OPERATING, L.L.C.
Operator number (P-5)
840878
P-5 status
active
Organization type
Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
Location
Cypress, TX
Mailing city
Pinehurst, TX
Activities filed
Gas Operator, Oil Operator
Last P-5 received
October 8, 2025
Record built
October 14, 2020
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
TEAM OPERATING, L.L.C.
Taxpayer number
32076162885
Entity type
Foreign limited liability company
Secretary of State file number
0803785539
Secretary of State status
Active (October 5, 2020)
Right to transact business in Texas
Active
Formed
October 5, 2020
Formed in
Outside Texas (the file does not say where)
Mailing city
Pinehurst, 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 0803785539), Comptroller account status.

Production

What the state's reports show

Oil, last 12 months
259,705 barrels
Up 99.3% from the 12 months before
Gas, last 12 months
111,049 mcf
Down 76.8% from the 12 months before

Oil reported each month, in barrels

  • Jul 202620,731
  • Jun 202619,963
  • May 202621,617
  • Apr 202621,703
  • Mar 202621,169
  • Feb 202621,091
  • Jan 202622,196
  • Dec 202522,249
  • Nov 202521,207
  • Oct 202521,503
  • Sep 202523,031
  • Aug 202523,245

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

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

47 leases on the state record, 8 with production in the last twelve months. The largest by production:

Operator changes

Leases this company took over or handed over

495 taken over and 455 handed over since the state's history begins; 2 and 0 in the last twelve months. The month is the first month the change shows in production reports.

  • Took over Halley, S. M., Winkler CountyJan 2026 · from Juno Operating Company III, LLC
  • Took over Daugherty, L., -A-, Winkler CountyNov 2025 · from Wallace Operating Company LLC
  • Handed over B H P Hendrick -C-, Winkler CountySep 2025 · to Saxet Oil Corporation
  • Handed over Halley, S. M., Winkler CountyJul 2025 · to Wallace Operating Company LLC
  • Handed over Daugherty, L., -A-, Winkler CountyJul 2025 · to Wallace Operating Company LLC
  • Handed over Halley, S. M., Winkler CountyJul 2025 · to Wallace Operating Company LLC
  • Handed over Clark "C", Stephens CountyMay 2025 · to Texian Operating Company, LLC
  • Handed over Panther Unit, Stephens CountyMay 2025 · to Texian Operating Company, LLC
  • Handed over Black Brothers, Stephens CountyMay 2025 · to Texian Operating Company, LLC
  • Handed over Black Bros., Stephens CountyMay 2025 · to Texian Operating Company, LLC
  • Handed over Black Bros., Stephens CountyMay 2025 · to Texian Operating Company, LLC
  • Handed over Dickie Unit, Stephens CountyMay 2025 · to Texian Operating Company, LLC

Use it

Follow this company, or check a paper it sent you

New permits and production

One email a week when Team Operating, L.L.C. files a drilling permit, completes a well or reports first production. Free with an account.

Leases, counties and fields for Team Operating, L.L.C.

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 Team Operating, L.L.C.?

The Railroad Commission lists Team Operating, L.L.C. as operator number 840878, P-5 active, in Cypress, TX. Its leases reported 259,705 barrels of oil and 111,049 mcf of gas in the last twelve months.

Is Team Operating, L.L.C. a registered business in Texas?

The Comptroller's franchise tax file lists a business entity that matches the company: TEAM OPERATING, L.L.C., a foreign 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 Team Operating, L.L.C. report?

In the last twelve months the leases Team Operating, L.L.C. operates reported 259,705 barrels of oil and 111,049 mcf of gas to the Railroad Commission, through July 1, 2026. It has 47 leases on the state record, 8 with production in that time.

I got a letter or an offer from Team Operating, L.L.C.: 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.

Related

Sources

Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.