This operator profile is part of our comprehensive Texas energy database, sourced from Texas Railroad Commission records to provide transparency for industry stakeholders and mineral rights owners. Information is provided as a public service and does not constitute association, endorsement, or business recommendation.
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Directory information verified and updated for 2026
Well counts and activity computed by Valor from public oil and gas data, as of 2026-10-30. Wells of record include plugged and inactive wells; states and top county reflect wells not plugged or abandoned.
Computed by Valor from public oil and gas data. Uses complete reporting months only (latest: December 2025).
Average percentile rank across four signals, against 3,262 operators. 50 = typical.
| Signal | Value | Percentile |
|---|---|---|
| Average lateral (ft) | 4,113 | 88 |
| Share of wells that have produced | 34.2% | 29 |
| Permits per 100 wells (24 mo) | 1 | 81 |
| Production change, YoY | +41.0% | 94 |
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Company: Modern Exploration, Inc.
Address: 4900 TEXOMA PKWY
Sherman, TX 75090-5974
Phone: (361) 880-5755
Texas Operator:
P5 Number: 573226
P5 Status: Active
Oklahoma Operator:
OCC Number: 19724
Modern Exploration, Inc. conducts exploration activities to identify and develop energy resources. This company maintains active registrations in both Texas and Oklahoma, demonstrating multi-state operational capabilities. Modern Exploration, Inc. can be reached by telephone for business inquiries. Based in Sherman, Texas, the company operates within established energy corridors that support efficient resource development and transportation.
Texas operators must comply with Railroad Commission regulations governing drilling permits, production reporting, environmental protection, and well plugging requirements. Modern Exploration, Inc.'s Texas P5 registration (Number 573226) ensures accountability for all drilling and production activities within the state. Learn more about Texas P5 requirements. The company's Oklahoma OCC number (19724) provides verification of operational authority within Oklahoma's energy sector. Verify this registration at OCC.
Valor's operator directory lists Modern Exploration, Inc. in Sherman, TX, at 4900 TEXOMA PKWY, 75090-5974.
Valor's operator directory lists Modern Exploration, Inc.'s phone number as (361) 880-5755.
Valor's operator directory lists Modern Exploration, Inc. with Texas Railroad Commission P5 Organization Number 573226 and a P5 status of Active.
Valor's operator directory lists Modern Exploration, Inc. with Oklahoma Corporation Commission number 19724.
Texas is home to over 30,000 registered oil and gas operators, making it the most active energy state in the U.S. The Texas Railroad Commission oversees all upstream and midstream operations within the state. Understanding the regulatory and operational landscape is essential for companies like Modern Exploration, Inc. and those seeking to partner with energy sector operators. Learn more about Valor's operator services.
Valor provides specialized back-office services for Texas operators, including Permian Basin accounting expertise, Eagle Ford revenue management, and comprehensive Texas Railroad Commission compliance support. Exploration support includes prospect evaluation accounting, seismic cost tracking, and lease management services. Explore all operator services or learn about the benefits of outsourcing to Valor.
Valor's experienced team is available to discuss back-office solutions tailored to your operational requirements. Contact us to explore how our services can support companies like Modern Exploration, Inc. in achieving operational excellence.
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Disclaimer: Valor is not a law firm, CPA firm, or investment advisor and does not provide legal, tax, or investment advice. The information on this page is provided as a courtesy only and should not be construed as professional advice. Mineral owners should consult with their own qualified legal, tax, and investment advisors before making any decisions regarding the sale or management of their mineral rights.
