OPERATORS · RRC 660305 · P-5 STATUS Y
Petro Equities Corp
Longview, TX
Watch this operatorPetro Equities Corp has filed no drilling permits in the past 12 months; its most recent permit was issued March 3, 1986.
The RRC wellbore file lists 17 wells under its operatorship.
78 drilling permits have been issued to this operator number since 1980; its P-5 organization report was last filed July 13, 1990.
- 0
- permits, last 12 months
- —
- vs prior 12 months (0)
- 0
- counties, 12 months
- 0
- producing wells, of 17 of record
- 0
- leases it reports
- —
- horizontal, 12 months
WINDOWS ON THE RRC ISSUE DATE · COMPUTED OCT 29, 2026
From permit to spud
FROM THE DATES ON ITS W-1 PERMITS · ALL TIME
A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.
- 38%
- spud rate · 30 of 78 mature permits
- 33
- median days permit to spud · middle half 15–45
- 0
- spuds, last 180 days
- 0%
- cancelled · 0 permits
- 47
- expired undrilled
- 13
- permits a year over 6 active years
Where
Counties by permits in the last 12 months, with all-time permits and current wells of record there.
| County | 12 mo | All time | Wells | Last |
|---|---|---|---|---|
| Sutton county → | — | 24 | 1 | Nov 17, 1983 |
| Pecos county → | — | 17 | 0 | Jan 14, 1986 |
| Glasscock county → | — | 6 | 0 | Aug 12, 1983 |
| Gregg county → | — | 5 | 0 | Feb 26, 1982 |
| Howard county → | — | 4 | 0 | May 2, 1985 |
| Stephens county → | — | 4 | 5 | Jul 24, 1985 |
| McMullen county → | — | 3 | 2 | May 29, 1984 |
| Sterling county → | — | 3 | 2 | Mar 3, 1986 |
| Callahan county → | — | 2 | 0 | Dec 4, 1980 |
| Coleman county → | — | 2 | 0 | Feb 17, 1982 |
| Jones county → | — | 2 | 0 | Oct 22, 1982 |
| Brown county → | — | 1 | 0 | Mar 8, 1982 |
| Concho county → | — | 1 | 0 | Mar 31, 1983 |
| Crockett county → | — | 1 | 0 | May 10, 1983 |
| Nolan county → | — | 1 | 0 | Jun 8, 1982 |
| Throckmorton county → | — | 1 | 1 | Mar 12, 1982 |
| Ward county → | — | 1 | 0 | Aug 9, 1982 |
All 78 permits, searchable → · Leases it reports → · On the map →
Formations in its completed wells
Tops reported on completion filings for wells it operates. RRC wellbore file. About tops →
| Formation | Wells | Permitted last 3 yrs |
|---|---|---|
| San Andres | 13 | 0 |
| Grayburg | 11 | 0 |
| Clear Fork | 9 | 0 |
| Tubb | 6 | 0 |
| Wolfcamp | 5 | 0 |
| Queen | 4 | 0 |
| San Angelo | 3 | 0 |
| Wichita-Albany | 2 | 0 |
| Yates | 2 | 0 |
| Cisco | 2 | 0 |
| Strawn | 2 | 0 |
| Gunsight | 2 | 0 |
| Canyon | 1 | 0 |
Production by month
PDQ LEASE REPORTS · REPORTED THROUGH APR 2026
Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. How production is reported →
- 0
- bbl oil, last 12 reported months
- —
- vs the 12 months before
- 0
- mcf gas incl. casinghead, last 12
- 0
- bbl oil since reporting began
No lease production reported under this operator number in the last three years.
Beyond the permit record
RRC wellbore file
Wells of record
- 17
- on the schedule
- 0
- producing
- 0
- shut in
- 0
- injection
- 0
- temp. abandoned
- 14
- plugged
How it got them
- 2
- permitted itself
- 7
- acquired from others
- 37
- permitted, now run by others
Acquired means the well's permit names a different operator than the schedule does today. Transfers and operator numbers →
RRC UIC permits · H-10 reported volumes
Disposal and injection
- 0
- active UIC permits of 2
- 0
- permitted bbl/day, active
- 0
- bbl injected, last 12 reported months
- Jun 2025
- reported through
Permitted volume is a ceiling, not throughput. How to read it →
Permit types
Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →
| Type | 12 mo | Prior 12 | All time |
|---|---|---|---|
| Drill | 0 | 0 | 69 |
| Other | 0 | 0 | 5 |
| Recompletion | 0 | 0 | 4 |
Fields
RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.
| Field | Wells | Producing |
|---|---|---|
| Big Lake (Spraberry)7919664 | 3 | 0 |
| Campana South (1600)15146814 | 2 | 0 |
| L.C. Clevinger (Ranger)50481500 | 2 | 0 |
| Necessity (Strawn 1800)64749831 | 2 | 0 |
| Orth (Mississippian)67665666 | 2 | 0 |
| Crane Cowden21517001 | 1 | 0 |
| Stephens County Regular85948001 | 1 | 0 |
| Throckmorton County Regular89812001 | 1 | 0 |
| Sawyer (Canyon)81267333 | 1 | 0 |
| Credo (Wolfcamp)21597250 | 1 | 0 |
| Credo (Wolfcamp Lower -B-)21597500 | 1 | 0 |
P-5 organization report
As registered with the RRC. About the P-5 →
- Registration
- Status code Y
- Last filed Jul 13, 1990
- Address
- P.O. Box 1788
- Longview, TX 75606
- Officers and agents
- Wrather, John D. · President
- Reed, Clara · Vice President
Latest permits
NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES
| Permit | Seen | Issued | Operator | County | Lease / well | Depth | API |
|---|---|---|---|---|---|---|---|
| 377137 | Aug 27, 1990 | Aug 27, 1990 | Franklin, J.W. Oil Operator | McMullen | Schoeller, Kate "A" #2 | 3,045 | 31102148 |
| 298814 | Mar 3, 1986 | Mar 3, 1986 | Petroleum Equities Corp. | Sterling | Reed "H" #3 | 7,800 | 43131849 |
| 298687 | Feb 25, 1986 | Feb 25, 1986 | Petroleum Equities Corp. | Sterling | Reed "C" #2 | 7,700 | 43131617 |
| 295394 | Jan 14, 1986 | Jan 14, 1986 | Petroleum Equities Corp. | Pecos | Valley "Q" #10 | 3,300 | 37135705 |
| 289194 | Nov 5, 1985 | Nov 5, 1985 | Petroleum Equities Corp. | Sterling | Reed "C" #1 | 7,800 | 43131754 |
| 287290 | Oct 14, 1985 | Oct 14, 1985 | Petroleum Equities Corp. | Pecos | Valley "M" #9 | 3,300 | 37135627 |
| 287270 | Oct 9, 1985 | Oct 9, 1985 | Petroleum Equities Corp. | Pecos | Valley "M" #8 | 3,300 | 37135626 |
| 281636 | Aug 2, 1985 | Aug 2, 1985 | Petroleum Equities Corp. | Pecos | Valley "P" #6 | 1,800 | 37135569 |
| 281639 | Aug 2, 1985 | Aug 2, 1985 | Petroleum Equities Corp. | Pecos | Valley "P" #4 | 3,300 | 37135570 |
| 281241 | Jul 24, 1985 | Jul 24, 1985 | Petroleum Equities Corp. | Stephens | Goforth, W. H. #3 | 2,100 | 42982324 |
| 273909 | May 2, 1985 | May 2, 1985 | Petroleum Equities Corp. | Howard | T. L. & M. Co. "C" #14 | 3,000 | 22733732 |
| 273688 | Apr 26, 1985 | Apr 26, 1985 | Petroleum Equities Corp. | Howard | T. L. & M. Co. "C" #15 | 3,000 | 22733730 |
| 271299 | Apr 1, 1985 | Apr 1, 1985 | Petroleum Equities Corp. | Pecos | Valley "P No. 3 #1042 | 3,300 | 37135480 |
| 269598 | Mar 18, 1985 | Mar 18, 1985 | Petroleum Equities Corp. | Howard | T. L & M. Co. #12 | 3,000 | 22733692 |
| 269563 | Mar 18, 1985 | Mar 18, 1985 | Petroleum Equities Corp. | Howard | T. L. & M. Co. #11 | 3,000 | 22733689 |
About this data
Registration from the RRC P-5 organization report, refreshed weekly. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports at the last vintage; disposal from UIC permits and H-10 reports. Summary figures are rebuilt nightly.
Developers: this page as JSON is GET /v1/data/operators/tx/660305, documented in the API reference.