Petrora

OPERATORS · RRC 667939  · P-5 STATUS Y

Platinum Expl Inc

Midland, TX

Watch this operator

Platinum Expl Inc has filed no drilling permits in the past 12 months; its most recent permit was issued July 29, 2004.

The RRC wellbore file lists 48 wells under its operatorship (3 shut in).

84 drilling permits have been issued to this operator number since 1998; its P-5 organization report was last filed October 4, 2025.

0
permits, last 12 months
—
vs prior 12 months (0)
0
counties, 12 months
0
producing wells, of 48 of record
48
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.

67%
spud rate · 56 of 84 mature permits
8
median days permit to spud · middle half 2–20
0
spuds, last 180 days
0%
cancelled · 0 permits
28
expired undrilled
12
permits a year over 7 active years

Where

Counties by permits in the last 12 months, with all-time permits and current wells of record there.

County12 moAll timeWellsLast
Gaines county →—613Jul 23, 2004
Ward county →—133Feb 12, 2002
Andrews county →—31May 20, 2002
Crockett county →—22Jul 29, 2004
Reeves county →—20Jun 29, 2001
Yoakum county →—20Jul 22, 2004
Mitchell county →—10Apr 29, 1998

All 84 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 →

FormationWellsPermitted last 3 yrs
Devonian220
Mississippian140
San Andres90
Wolfcamp80
Bone Spring70
Pennsylvanian70
Delaware60
Woodford60
Yates50
Clear Fork50
Glorieta40
Fusselman40
Ellenburger40
Bell Canyon30
Cherry Canyon30

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
3.39M
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

48
on the schedule
0
producing
3
shut in
0
injection
1
temp. abandoned
41
plugged

How it got them

5
permitted itself
16
acquired from others
31
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 24
0
permitted bbl/day, active
0
bbl injected, last 12 reported months
Jun 2025
reported through

By county

Gaines0 active0 bbl/d
Howard0 active0 bbl/d
Borden0 active0 bbl/d
Andrews0 active0 bbl/d
Scurry0 active0 bbl/d

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 →

Type12 moPrior 12All time
Reenter0041
Recompletion0024
Drill0019

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.

FieldWellsProducing
Vealmoor93308001200
Luther N. (Canyon Reef)5581833340
JO-Mill (Spraberry)4656475030
Reinecke E. (Canyon)7578150030
Cob-Ruwe (Penn. 6785)1918450020
Elkhorn (Ellenburger)2839333320
Quito (Atoka)7392630020
Russell North (Devonian)7900425020
Vealmoor East (Clearfork)9331020020
Double B (Canyon)2564815010
Wildcat2000110
Soda Lake W. (Bone Springs)8447820010

P-5 organization report

As registered with the RRC. About the P-5 →

Registration
Status code Y
Last filed Oct 4, 2025
Gas operatorOil operator
Address
223 W Wall St Ste 902
Midland, TX 79701
Officers and agents
Rasmussen, Harold James · President
Jobe, Michael Paul · Vice President
Rasmussen, Gregory James · Vice President

Latest permits

NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES

PermitSeenIssuedOperatorCountyLease / wellDepthAPI
721262Aug 5, 2011Aug 5, 2011Shenandoah Petroleum CorporationHowardGolden Bend 34 #2SW7,90522703018
721262Aug 5, 2011Aug 5, 2011Shenandoah Petroleum CorporationHowardGolden Bend 34 #2SW7,90522703018
705929Dec 6, 2010Dec 6, 2010Shenandoah Petroleum CorporationHowardGolden Bend 34 #110,00022703021
548875Jul 29, 2004Jul 29, 2004Platinum Exploration Inc.CrockettShannon, J. M. -A- #12H7,40010500659
548652Jul 23, 2004Jul 23, 2004Platinum Exploration Inc.GainesBulldog #1 HH11,40016530462
548652Jul 23, 2004Jul 23, 2004Platinum Exploration Inc.GainesBulldog #111,40016530462
548595Jul 22, 2004Jul 22, 2004Platinum Exploration Inc.YoakumEdwards #1 HH12,30050135027
547993Jul 9, 2004Jul 9, 2004Platinum Exploration Inc.CrockettShannon, J M "a" 00435 #13H7,39810500660
543567May 27, 2004May 27, 2004Platinum Exploration Inc.GainesRiley, T. S. Estate "B" #7 HH12,50016503008
543565May 27, 2004May 27, 2004Platinum Exploration Inc.GainesRiley, T. S. Estate "B" #3HH12,50016503004
543564May 27, 2004May 27, 2004Platinum Exploration Inc.GainesRiley, T. S. Estate "B" #6 H12,50016503007
545342May 5, 2004May 5, 2004Platinum Exploration Inc.GainesJones Heirs "B" #1H12,00016510752
544861Apr 23, 2004Apr 23, 2004Platinum Exploration Inc.GainesH & J "32" #3 HH11,50016536154
542666Mar 29, 2004Mar 29, 2004Platinum Exploration Inc.GainesMobil Atlantic -9- #1HH12,00016536126
538690Mar 10, 2004Mar 10, 2004Platinum Exploration Inc.GainesState Weems #112,00050100364

Full permit history →

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/667939, documented in the API reference.