1. business and industrial
2. company
3. annual report

TEXAS OIL AND GAS HANDBOOK
2015
Procedures and Forms Required for Operation Under
Provision of the Rules and Regulations of the
Texas Railroad Commission
Copyrights July 1958, January 1963, May 1964, August 1966,
July 1968, June 1970, July 1971, March 1973, March 1975, August 1976,
February 1978, June 1979, January 1981, April 1982, September 1983,
September 1985, September 1987, May 1989, February 1991,
July 1992, May 1994, May 1995, July 1996, September 1997,
January 1999, September 2001, June 2003, January 2005, May 2006,
October 2008, July 2010, October, 2011, and September 2014.
R. W. Byram & Company
All rights reserved.
This book may not be reproduced in whole or in
part without the written permission
of the copyright owners.
R. W. Byram & Company
25 N. Main St.
Elgin, Texas 78621
512-478-2551
or
800-252-3201
Table of Contents
Index of Forms Required...................................................................................................A
Index by Subject.................................................................................................................. B
Ready Reference List..........................................................................................................D
Texas State Officials............................................................................................................G
Texas Counties...................................................................................................................... I
District Map.......................................................................................................................... J
OPERATING PROCEDURES UNDER TEXAS RULES
ORGANIZATION REPORT
 An operator entering any phase of the oil or gas business in
Texas, which is regulated by the Railroad Commission, must file
immediately an organization report. It requires each operator to
annually file a current organization report. Organizations may
designate non-employee agents to execute subsequent organization
reports. The filing date of these reports is staggered and should be
filed according to the schedule assigned by the Commission. The
Commission will notify each operator of its annual refiling date
and will mail a Form P-5, preprinted with current information to
each operator for an update. An organization must file an amended
report within 15 days after a change in any information. Only address changes may be made by letter.
 The Commission is prohibited from issuing permits or licenses
to corporations delinquent in paying franchise taxes. As a result of
this law, a new corporation filing an initial Form P-5 or a corporation filing a renewal Form P-5 is required to attach a “Tax Certificate
Statement” or “Certificate of Good Standing” to the P-5.
For organizations required to file financial aaurance, one of the
following financial assurance options must be filed with the Form
P-5:
(1) Individual Performance Bond or Cash Deposit (Form P5PB(1)). Organizations only operating wells and not involved in any
other activities may use this option. The value under this option
is equal to $2.00/ft. multiplied by the total aggregate depth of ALL
wells listed on the Proration Schedule for the operator.
(2) Blanket Performance Bond or Cash Deposit (Form P-5PB(2)).
Form P-5 Organization Report
READ INSTRUCTIONS ON BACK
1.
Purpose of Filing
Name of entity:
FORM P-5
ORGANIZATION
REPORT
RAILROAD COMMISSION OF TEXAS
Oil and Gas Division
New Filing
Annual Refiling
Change of Officers/Resident Agent
Address Correction
(Rev. 09/2011)
2. RRC Operator
No. (if assigned)
(If the name of the organization has changed, see Instructions on back)
Street Address:
Organization Phone Number:
Emergency (after hours) Phone Number:
3. ORGANIZATION
Mailing Address:
4. Plan of Organization
(select one)
A. Corporation
B. Limited Partnership
C. Sole Proprietorship
D. Partnership
F. Joint Venture
G. Estate
H. Ltd Liability Co. (LLC)
I. Other (specify):
5. TEXAS RESIDENT AGENT
This is one of the earliest reports
required by the Commission,
under the provisions of Statewide
Rule 1(a), promulgated in 1919.
Identified originally as Form 7, a
new Organization Report, Form
P-5, was released effective
January 1, 1971.
1919 - SWR 1(a) established
E. Trust
1971 - Form 7 changed to
Form P-5
Name of Texas Resident Agent:
Street Address
ORGANIZATION REPORT
HISTORICAL INFORMATION
Mailing Address
1987 - HB 175: Tax Certificate
Instated
2001 - SB 310: Financial Security
Required
A Texas Resident Agent is required for any foreign or nonresident organization pursuant to Statewide Rule 1(a)(4)(D).
6. Attachments:
P-5O - Officer Listings:
P-5A - Agent Listings:
Filing Fee
Financial Assurance
7. Reorganization
Information for each controlling entity of the organization as required by Statewide Rule 1(a)(4)(C).
(optional) - Designation of non-employee agents authorized to sign certain Forms P-4 and P-5 pursuant to Statewide Rule 1(a)(4)(E).
Required for all "New Filing" and "Annual Refiling" submissions. See instructions on back.
If the operator is required to maintain financial assurance, the Organization Report will not be approved until it is in place.
Check here if this is a reorganization of an existing registrant.
If checked, provide the current name and RRC P5 Number:
8. Comments: (optional)
Organization reports for operators of inactive wells: The Commission may not approve the P-5 Organization Report for an operator of one or more inactive wells unless the
operator has complied with Commission rules and Texas statutes concerning the approval of plugging extensions for such inactive wells, including disconnection of electrical
service and any required surface equipment removal.
Organization reports for operators with outstanding enforcement orders/judgments: The Commission may not approve the P-5 Organization Report for an operator if that
operator is the subject of a final and unappealable order related to a violation of a Commission rule, order, license, permit, or certificate relating to safety or the prevention or
control of pollution. Organization Reports for organizations with officers who are subject to such outstanding orders through their involvement with other organizations similarly
may not be approved.
If the organization has used, or reported use of, a well for which the Certificate of Compliance has been canceled, the Commission may refuse to approve an Organization
Report until the operator has paid any requried reconnect fees and the Certificate of Compliance has been reissued for the well.
An organization must file an amended Organization Report within 15 days after a change in any information required to be reported in the Organization Report.
FOR RRC USE ONLY
Approved by
Signature
Title
Filer's Name (Printed)
Filer's Telephone Number
(
)
Email Address (OPTIONAL - SEE INSTRUCTIONS FOR IMPORTANT INFORMATION)
Remarks
Date
Certificate: I declare under penalties prescribed in Sec. 91.143, Texas Natural Resources Code, that I am
authorized to make this report, that this report was prepared by me or under my supervision and direction, and that
data and facts stated therein are true, correct, and complete, to the best of my knowledge.
Copyright 2014
R. W. Byram and Company
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