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Royalty Clerk

Texas operator · P-5 280640

Founders Oil & Gas Operating,llc

The Railroad Commission lists Founders Oil & Gas Operating,llc as operator number 280640, P-5 inactive, in Arlington, TX. Its leases reported 953,816 barrels of oil and 582,879 mcf of gas in the last twelve months.
The state recordGot a letter from them?

Facts and their sources. No rating, no opinion.

The record

What the state's files show about Founders Oil & Gas Operating,llc

Railroad Commission record

Who the state lists

The Railroad Commission lists this company as an operator: it reports wells and leases in Texas.

Name on file
FOUNDERS OIL & GAS OPERATING,LLC
Operator number (P-5)
280640
P-5 status
Inactive
Organization type
Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
Location
Arlington, TX
Mailing city
Arlington, TX
Last P-5 received
October 5, 2022
Record built
October 16, 2015
Inactive since
February 28, 2025
Refiling required
Yes

The Railroad Commission lists this company’s P-5 registration as inactive since February 28, 2025. If your royalty checks from it stopped, check your lease for the likely reasons and who to write to.

Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.

Owner relations

How to reach Founders Oil & Gas Operating,llc as an owner

Not checked yet

We have not checked Founders Oil & Gas Operating,llc’s owner-relations desk yet. Here is how owners usually find it:

  1. Look at a recent check stub or statement. The phone number and address printed on it usually reach the owner relations department.
  2. Search the company’s own website for “owner relations” or “royalty owners”. Larger operators have a page and an online owner portal.
  3. The Railroad Commission file above has the company’s mailing address. A letter sent there reaches the company, though not always the right desk.
  4. Put your owner number and the property name or number on every letter and call.

Name changes and sales

Founders Oil & Gas Operating,llc is still on file under this name

We hold no record of a new name, a sale or a merger for this company. The Railroad Commission lists its P-5 registration as inactive.

  1. Founders Oil & Gas Operating,llc

    NowP-5 Inactive

    Railroad Commission no. 280640

The Railroad Commission's P-5 file links this organization to number 0 0. The file does not say how the two are related, for example which is the older name.

Check it against your lease

Comptroller and Secretary of State

The business entity on file

Legal name
FOUNDERS OIL & GAS OPERATING, LLC
Taxpayer number
32057655113
Entity type
Foreign limited liability company
Secretary of State file number
0802244345
Secretary of State status
Active (June 29, 2015)
Right to transact business in Texas
Active
Formed
June 29, 2015
Formed in
Outside Texas (the file does not say where)
Mailing city
Arlington, 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 0802244345), Comptroller account status.

Production

What the state's reports show

Oil, last 12 months
953,816 barrels
Up 46.1% from the 12 months before
Gas, last 12 months
582,879 mcf
Down 28% from the 12 months before

Oil reported each month, in barrels

  • Jul 202366,986
  • Jun 202365,322
  • May 202376,712
  • Apr 202386,248
  • Mar 2023101,051
  • Feb 2023114,124
  • Jan 2023118,780
  • Dec 202275,329
  • Nov 202240,688
  • Oct 202258,252
  • Sep 202270,577
  • Aug 202279,747

Source: Railroad Commission of Texas, production data query, as of July 1, 2023.

Drilling permits

Permits filed with the state

0 drilling permits in the last three years. A permit is permission to drill. It is not a well.

Source: Railroad Commission of Texas, drilling permit records.

Leases

Leases this company operates

13 leases on the state record, 0 with production in the last twelve months. The largest by production:

Operator changes

Leases this company took over or handed over

0 taken over and 19 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 Millard -L-, Ector CountySep 2024 · to Ring Energy, Inc.
  • Handed over Millard L, Ector CountySep 2024 · to Ring Energy, Inc.
  • Handed over Millard "D", Ector CountyAug 2024 · to Ring Energy, Inc.
  • Handed over Connell Mgmt B, Ector CountyAug 2024 · to Ring Energy, Inc.
  • Handed over Connell Sec 10, Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over North Penwell Unit, Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Millard -E-, Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Millard E, Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Millard "C", Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Connell Mgmt A, Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Millard "D", Ector CountyAug 2023 · to Ring Energy, Inc.
  • Handed over Millard -B-, Ector CountyAug 2023 · to Ring Energy, Inc.

Use it

Follow this company, or check a paper it sent you

New permits and production

One email a week when Founders Oil & Gas Operating,llc files a drilling permit, completes a well or reports first production. Free with an account.

Leases, counties and fields for Founders Oil & Gas Operating,llc

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.

Read a letterCheck a buyout offerCheck a lease offer

FAQ

Questions people ask

Who is Founders Oil & Gas Operating,llc?

The Railroad Commission lists Founders Oil & Gas Operating,llc as operator number 280640, P-5 inactive, in Arlington, TX. Its leases reported 953,816 barrels of oil and 582,879 mcf of gas in the last twelve months.

Is Founders Oil & Gas Operating,llc a registered business in Texas?

The Comptroller's franchise tax file lists a business entity that matches the company: FOUNDERS OIL & GAS OPERATING, LLC, a foreign limited liability company, 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 Founders Oil & Gas Operating,llc report?

In the last twelve months the leases Founders Oil & Gas Operating,llc operates reported 953,816 barrels of oil and 582,879 mcf of gas to the Railroad Commission, through July 1, 2023. It has 13 leases on the state record, 0 with production in that time.

I got a letter or an offer from Founders Oil & Gas Operating,llc: 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.

Upload the letter

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

Sources

Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.