P5 form railroad commission 2025

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The document outlines the requirements and procedures for filing the Organization Report (Form P-5) with the Railroad Commission of Texas, specifically for entities operating within the Oil and Gas Division. It details the purpose of filing, types of organizations, necessary attachments, and conditions under which filings may be approved or denied. Additionally, it includes instructions for maintaining accurate records, updating information, and designating non-employee agents.

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What is a P5 form?

Form P5. Description. Application to the Board to Amend the Conditions of, or Terminate the Appointment of a Representative under Subsection 27(7) or (8) of the Personal Health Information Protection Act.

What is a P5 in Texas?

The P-5 bond is a license permit bond required by the Railroad Commission of Texas. P-5 surety bonds are required to ensure different aspects of operating and abandoning oil or gas wells are managed and/or completed in ance with Texas laws and regulations.

What does a railroad commissioner in Texas do?

The Railroad Commission oversees everything from pipeline safety to well-permitting and inspections. In theory, part of the commissions mission is to steward the states natural resources and environment.

What is the Railroad Commission surety bond in Texas?

The Railroad Commission of Texas requires individuals who operate oil and gas wells to post surety bonds in varying amounts before conducting business. The required bond amount is determined by the number of wells you operate within the state. If you operate fewer than 10 wells, the required bond amount is $25,000.

How much does a Texas Railroad Commissioner make?

Texas Railroad Commissioner, Republican The current annual salary for the Texas Railroad Commissioner is $140,937.

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What is a P5 permit in Texas?

The P-5 Blanket Bond $25,000 is a license permit bond required by the Railroad Commission of Texas. It ensures that all aspects of operating and abandoning oil or gas wells are managed in ance with state laws, regulations, and permits.

How do I contact the RRC P5?

You can contact the P-5 Department at 512-463-6772 for any questions regarding the Form P-5. Once an application package has been submitted, only minor modifications or staff-recommended amendments will be accepted during the review process.

P5 form railroad commission 2025

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