Petrora

OPERATORS · TEXAS · P-5 NUMBER 828293

Subsea Operating Co.

P-5 status
Active (A)
P-5 last filed
Feb 4, 2026
Based in
Albany, TX
Watch this operator

Subsea Operating CO. has filed no drilling permits in the past 12 months; its most recent permit was issued October 30, 2025.

The RRC wellbore file lists 29 wells under its operatorship (12 producing, 2 shut in).

Lease reports credit it with 27.9K barrels of oil and 0 mcf of gas in the 12 months reported through April 2026, down 17% on the year before.

It holds 1 active disposal or injection permit, injecting 160K barrels in the 12 months reported through June 2025.

40 drilling permits have been issued to this operator number since 2004; its P-5 organization report was last filed February 4, 2026.

0
permits, last 12 months
-100%
vs prior 12 months (7)
0
counties, 12 months
12
producing wells, of 29 of record
12
leases it reports
—
horizontal, 12 months

WINDOWS ON THE RRC ISSUE DATE · COMPUTED NOV 5, 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.

78%
spud rate · 31 of 40 mature permits
35
median days permit to spud · middle half 23–54
0
spuds, last 180 days -100%
0%
canceled · 0 permits
9
expired undrilled
2
permits a year over 22 active years

Permits issued by month

LAST 60 MONTHS · BY ISSUE DATE

Last 12 months 0 · prior 12 7(-100%)

012320222023202420252026

Counties

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

County12 moAll timeWellsLast
Throckmorton county →—3529Jul 8, 2025
Shackelford county →—40Oct 30, 2025
Haskell county →—10Sep 17, 2007

All 40 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
Coleman Junction114
Saddle Creek50
Strawn30
Tannehill31
Caddo30
Wolfcamp20
Mississippian20
Barnett10
Canyon10
Cisco10
San Andres10

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 →

27.9K
bbl oil, last 12 reported months
-17%
vs the 12 months before
0
mcf gas incl. casinghead, last 12
377K
bbl oil since reporting began

Last 12 months 27,871 · prior 12 33,689(-17%)

02K4K2017201820192020202120222023202420252026

Subsea Operating Co.: Oil by month.

Beyond the permit record

RRC wellbore file

Wells of record

29
in the wellbore file, 15 on schedule
12
producing
2
shut in
1
injection
0
temp. abandoned
14
plugged

How it got them

24
permitted itself
3
acquired from others
7
permitted, now run by others

Each count opens the wells it counts. Acquired means the well's permit names a different operator than the schedule does today; wells it permitted that others now run are in its permit history, marked with who runs them now. Transfers and operator numbers →

RRC UIC permits · H-10 reported volumes

Disposal and injection

1
active UIC permits of 2
600
permitted bbl/day, active
160K
bbl injected, last 12 reported months
Jun 2025
reported through

By county

Throckmorton1 active600 bbl/d

All 2 permits, with volumes → · On the map →

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
Drill0737
Recompletion002
Reenter001

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
Throckmorton County Regular898120012210
Cook Ranch2032100132
Throckmorton County Regular(gas)8981202520
Leonards Camp (Mississippian)5329250010
Taylor Hill W. (Miss)8853230010

P-5 organization report

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

Registration
Status Active (A)
Last filed Feb 4, 2026
Oil operator
Address
PO Box 2101
Albany, TX 76430
(325) 762-3614
Officers and agents
Cleveland, David · Texas Resident Agent
Cleveland, David L · President
Teinert, Lynne J · Vice President

Latest permits

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

PermitSeenIssuedOperatorCountyLease / wellDepthAPI
911343Oct 30, 2025Oct 30, 2025Subsea Operating Co.ShackelfordHowsley 486 #11,70041739824
911346Oct 27, 2025Oct 27, 2025Subsea Operating Co.ShackelfordFincher '488' #11,70041739825
909020Jul 8, 2025Jul 8, 2025Subsea Operating Co.ThrockmortonMatthews 23 #81,70044736866
909017Jul 8, 2025Jul 8, 2025Subsea Operating Co.ThrockmortonMatthews 23 #71,70044736865
907468Apr 16, 2025Apr 16, 2025Subsea Operating Co.ThrockmortonMatthews 23 #6R1,70044736862
907050Apr 16, 2025Apr 16, 2025Subsea Operating Co.ThrockmortonMatthews 23 #61,70044736861
906877Apr 3, 2025Apr 3, 2025Subsea Operating Co.ThrockmortonMatthews 23 #51,70044736859
901168Jul 11, 2024Jul 11, 2024Subsea Operating Co.ThrockmortonMatthews 23 #41,70044736851
899600May 14, 2024May 14, 2024Subsea Operating Co.ThrockmortonMatthews 23 #31,70044736850
894645Oct 23, 2023Oct 23, 2023Subsea Operating Co.ThrockmortonMatthews 23 #21,70044736841
885604Nov 16, 2022Nov 16, 2022Subsea Operating Co.ThrockmortonMatthews 75D #111,70044736832
885604Nov 16, 2022Nov 16, 2022Subsea Operating Co.ThrockmortonMatthews 23 #11,70044736832
878570Apr 4, 2022Apr 4, 2022Subsea Operating Co.ThrockmortonMatthews 75D #101,70044736825
874558Nov 22, 2021Nov 22, 2021Subsea Operating Co.ThrockmortonMatthews 75D #91,70044736816
869272Apr 23, 2021Apr 23, 2021Subsea Operating Co.ThrockmortonMatthews 75D #81,70044736807

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 by the operator that filed them, through the statewide reported-through month; disposal from UIC permits and H-10 reports. Summary figures are rebuilt nightly. Nothing is estimated.

Developers: this page as JSON is GET /v1/data/operators/tx/828293, documented in the API reference.