Texas operator and buyer · P-5 258410
Fair Oil, Ltd.
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Fair Oil, Ltd.
Railroad Commission record
Who the state lists
The Railroad Commission lists this company as an operator, and the state's records list it as a purchaser or gatherer.
- Name on file
- FAIR OIL, LTD.
- Operator number (P-5)
- 258410
- P-5 status
- Active
- Organization type
- Limited partnership
- Location
- Tyler, TX
- Mailing city
- Tyler, TX
- Activities filed
- Gas Operator, Oil Operator
- Last P-5 received
- September 23, 2025
- Inactive since
- March 31, 1982
- Refiling required
- Yes
Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.
Comptroller and Secretary of State
The business entity on file
- Legal name
- FAIR OIL, LTD.
- Taxpayer number
- 32036774076
- Entity type
- Texas limited partnership
- Secretary of State file number
- 0011913810
- Secretary of State status
- Active (April 2, 1999)
- Right to transact business in Texas
- Active
- Formed
- April 2, 1999
- Formed in
- TX
- Mailing city
- Tyler, TX
Source: Texas Comptroller, franchise tax permit holder file (data.texas.gov), as of September 26, 2026.
Look it up yourself: Secretary of State business filings (search for file number 0011913810), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 32,535 barrels
- Down 29.2% from the 12 months before
- Gas, last 12 months
- 20,472 mcf
- Down 29% from the 12 months before
Oil reported each month, in barrels
- Jul 20262,265
- Jun 20262,388
- May 20262,174
- Apr 20262,491
- Mar 20262,691
- Feb 20262,174
- Jan 20262,417
- Dec 20253,208
- Nov 20252,937
- Oct 20253,270
- Sep 20253,177
- Aug 20253,343
Source: Railroad Commission of Texas, production data query, as of July 1, 2026.
Drilling permits
Permits filed with the state
5 drilling permits in the last three years: 1 in 2025, 4 in 2026. A permit is permission to drill. It is not a well.
| Issued | Lease, county and type |
|---|---|
| 2026-08-13 | MCALLISTER #1Wood County · Vertical |
| 2026-04-23 | MARY IDA STONE #1Franklin County · Vertical |
| 2026-04-23 | L. D. STEWART #2Franklin County · Vertical |
| 2026-04-06 | STEWART-BRODY, ET AL #1Franklin County · Vertical |
| 2025-01-27 | M HERNANDEZ #2Franklin County · Vertical |
Source: Railroad Commission of Texas, drilling permit records.
Leases
Leases this company operates
46 leases on the state record, 9 with production in the last twelve months. The largest by production:
- Hearne, E. J.Cherokee County · 8,814 bbl of oil
- Stroud UnitWood County · 7,214 bbl of oil
- Bagby-Stroud UnitWood County · 7,161 bbl of oil
- MT. Vernon (Pettit) UnitFranklin County · 3,023 bbl of oil
- HernandezFranklin County · 1,844 bbl of oil
- CowherdMarion County · 1,574 bbl of oil
- Stewart-Brody, Et AlFranklin County · 1,002 bbl of oil
- Ripley CreekFranklin County · 847 bbl of oil
- Moore, L. C., /Fate/Franklin County · 793 bbl of oil
- Florence "B"Smith County · 690 bbl of oil
- M HernandezFranklin County · 591 bbl of oil
- HernandezFranklin County · 546 bbl of oil
- Mary Ida StoneFranklin County · 382 bbl of oil
- L. D. StewartFranklin County · 363 bbl of oil
- AlexanderFranklin County · 353 bbl of oil
- Bates & DorseyNacogdoches County · 5,223 mcf of gas
- B LindemannArcher County · 206 bbl of oil
- Davis Gas UnitNacogdoches County · 59 bbl of oil
- Yates Gu 1Nacogdoches County · 3,768 mcf of gas
- Graham, Jewell M., Et. Al.Nacogdoches County · 2,160 mcf of gas
- Lucas, Tom Jack Gas UnitNacogdoches County · 1,138 mcf of gas
- Taf Mineral TrustCherokee County · nothing reported in 12 months
- Lucas, Tom Jack Gas UnitNacogdoches County · nothing reported in 12 months
- Bagby HeirsWood County · nothing reported in 12 months
- Martin, Minnie ETAL UnitWood County · nothing reported in 12 months
Operator changes
Leases this company took over or handed over
5 taken over and 32 handed over since the state's history begins; 0 and 0 in the last twelve months. The month is the first month the change shows in production reports.
- Handed over Abercrombie, Anna, Archer CountyAug 2025 · to Thunder Resources LLC
- Took over Florence "B", Smith CountyAug 2025 · from Floex Energy LLC
- Took over Mary Ida Stone, Franklin CountyNov 2024 · from Harleton Oil & Gas Inc.
- Took over Alexander, Franklin CountyNov 2024 · from Harleton Oil & Gas Inc.
- Took over Moore, L. C., /Fate/, Franklin CountyAug 2023 · from Wenexco, Inc.
- Handed over Streetman, Houston CountyNov 2022 · to Hibbard Energy, LP
- Handed over Herod-Finch-Jones, Houston CountyNov 2022 · to Hibbard Energy, LP
- Handed over Crew, Inez, Cherokee CountyNov 2022 · to Hibbard Energy, LP
- Handed over Dailey-Pridgen, Houston CountyNov 2022 · to Hibbard Energy, LP
- Handed over H-F-J, Houston CountyNov 2022 · to Hibbard Energy, LP
- Handed over Warner Gas Unit, Houston CountyNov 2022 · to Hibbard Energy, LP
- Handed over Sheppard "C", Wood CountyJul 2022 · to Southwest Operating, Inc.-Tyler
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Fair Oil, Ltd. files a drilling permit, completes a well or reports first production. Free with an account.
A paper from this company
A division order, a lease, a buyout offer or a letter: upload it and we say what it is, what it asks and which terms deserve a question.
FAQ
Questions people ask
Who is Fair Oil, Ltd.?
The Railroad Commission lists Fair Oil, Ltd. as operator number 258410, P-5 active, in Tyler, TX. Its leases reported 32,535 barrels of oil and 20,472 mcf of gas in the last twelve months. The state's records also list it as a purchaser or gatherer.
Is Fair Oil, Ltd. a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: FAIR OIL, LTD., a texas limited partnership, Secretary of State status Active, right to transact business in Texas: Active. Confirm it in the Secretary of State's business search.
How much oil and gas did Fair Oil, Ltd. report?
In the last twelve months the leases Fair Oil, Ltd. operates reported 32,535 barrels of oil and 20,472 mcf of gas to the Railroad Commission, through July 1, 2026. It has 46 leases on the state record, 9 with production in that time.
How many drilling permits has Fair Oil, Ltd. filed?
5 drilling permits in the last three years in the permit feed this site reads. A permit is permission to drill, not a well: many are never drilled.
I got a letter or an offer from Fair Oil, Ltd.: what should I do?
Do not sign or call yet. Keep every page and the envelope, compare the paper with your deed, lease and last statements, and answer in writing. You can upload the letter to have it read: it says what kind of paper it is, what it asks, and which terms deserve a question, quoting the words they come from.
Where does this page's information come from, and how current is it?
The record is the Railroad Commission's P-5 Organization Report file, dated September 22, 2026. The entity is the Comptroller's franchise tax file. Production, permits and leases are the Commission's own reports. The page shows no rating and no opinion.
Related
Keep going
- Texas dataTexas oil and gas companiesOperators and buyers: the state's record, permits, leases, production.
- HelpI got a letter from an oil companyUpload it. We say what it is, what it asks and what to look at.
- ToolTexas well watchPermit, completion, first production and when the first check is due.
- Texas dataTexas operator changesWho took over whose leases in the last 24 months.
- CheckCheck my statementUpload a stub. Every month against the state record.
- HelpTexas division ordersWhat you may sign, what you may refuse, what to check.
Sources
Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.