Texas operator · P-5 101216
Lex and Lace Petroleum, LLC
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Lex and Lace Petroleum, 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
- LEX AND LACE PETROLEUM, LLC
- Operator number (P-5)
- 101216
- P-5 status
- Delinquent
- Organization type
- Limited liability company (code not in the RRC's 2014 layout; inferred from the names)
- Location
- Southlake, TX
- Mailing city
- Houston, TX
- Activities filed
- Gas Operator, Oil Operator
- Last P-5 received
- May 29, 2025
- Record built
- May 5, 2023
- Refiling required
- Yes
The Railroad Commission lists this company’s P-5 registration as delinquent; its last P-5 filing was on May 29, 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 Lex and Lace Petroleum, LLC as an owner
Not checked yet
We have not checked Lex and Lace Petroleum, LLC’s owner-relations desk yet. Here is how owners usually find it:
- Look at a recent check stub or statement. The phone number and address printed on it usually reach the owner relations department.
- Search the company’s own website for “owner relations” or “royalty owners”. Larger operators have a page and an online owner portal.
- The Railroad Commission file above has the company’s mailing address. A letter sent there reaches the company, though not always the right desk.
- Put your owner number and the property name or number on every letter and call.
Comptroller and Secretary of State
The business entity on file
- Legal name
- LEX AND LACE PETROLEUM, LLC
- Taxpayer number
- 32060869248
- Entity type
- Texas limited liability company
- Secretary of State file number
- 0802486402
- Secretary of State status
- Active (June 23, 2016)
- Right to transact business in Texas
- Active
- Formed
- June 23, 2016
- Formed in
- TX
- Mailing city
- Southlake, 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 0802486402), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 7 barrels
- Down 98.4% from the 12 months before
- Gas, last 12 months
- 0 mcf
Oil reported each month, in barrels
- Apr 20260
- Mar 20260
- Feb 20260
- Jan 20260
- Dec 20252
- Nov 20250
- Oct 20251
- Sep 20250
- Aug 20252
- Jul 20250
- Jun 20252
- May 20250
Source: Railroad Commission of Texas, production data query, as of April 1, 2026.
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
12 leases on the state record, 0 with production in the last twelve months. The largest by production:
- FD/Allred-Evans HeirsHardeman County · 6 bbl of oil
- FD/Allred-Evans HeirsHardeman County · 1 bbl of oil
- Neal, T. H.Young County · nothing reported in 12 months
- P-D UnitYoung County · nothing reported in 12 months
- Raley, S. W.Jack County · nothing reported in 12 months
- Clns UnitYoung County · nothing reported in 12 months
- Kell-NantzYoung County · nothing reported in 12 months
- Shaffer UnitYoung County · nothing reported in 12 months
- Larimore UnitYoung County · nothing reported in 12 months
- BurkettYoung County · nothing reported in 12 months
- Raley, S.w.Jack County · nothing reported in 12 months
- CasteelYoung County · nothing reported in 12 months
Operator changes
Leases this company took over or handed over
12 taken over and 0 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.
- Took over Raley, S.w., Jack CountyDec 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Casteel, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Burkett, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Larimore Unit, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Shaffer Unit, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Kell-Nantz, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Clns Unit, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Raley, S. W., Jack CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over P-D Unit, Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over Neal, T. H., Young CountyNov 2024 · from Three P Operating Co.,gp, L.L.C.
- Took over FD/Allred-Evans Heirs, Hardeman CountyFeb 2024 · from Hadaway Consult and Engineer,llc
- Took over FD/Allred-Evans Heirs, Hardeman CountyMay 2023 · from TLM Energy, LLC
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Lex and Lace Petroleum, LLC 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 Lex and Lace Petroleum, LLC?
The Railroad Commission lists Lex and Lace Petroleum, LLC as operator number 101216, P-5 delinquent, in Southlake, TX. Its leases reported 7 barrels of oil and 0 mcf of gas in the last twelve months.
Is Lex and Lace Petroleum, LLC a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: LEX AND LACE PETROLEUM, LLC, a texas 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 Lex and Lace Petroleum, LLC report?
In the last twelve months the leases Lex and Lace Petroleum, LLC operates reported 7 barrels of oil and 0 mcf of gas to the Railroad Commission, through April 1, 2026. It has 12 leases on the state record, 0 with production in that time.
I got a letter or an offer from Lex and Lace Petroleum, 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.
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.