Texas operator · P-5 749370
Saxet Oil Corporation
Facts and their sources. No rating, no opinion.
The record
What the state's files show about Saxet Oil Corporation
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
- SAXET OIL CORPORATION
- Operator number (P-5)
- 749370
- P-5 status
- Active
- Organization type
- Corporation
- Location
- Midland, TX
- Mailing city
- Midland, TX
- Activities filed
- Oil Operator
- Last P-5 received
- October 2, 2025
- Record built
- May 10, 1979
- Refiling required
- Yes
Source: Railroad Commission of Texas, P-5 Organization Report data set, as of September 22, 2026.
Owner relations
How to reach Saxet Oil Corporation as an owner
Not checked yet
We have not checked Saxet Oil Corporation’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
- SAXET OIL CORPORATION
- Taxpayer number
- 17560153466
- Entity type
- Texas profit corporation
- Secretary of State file number
- 0012986400
- Secretary of State status
- Active (December 19, 1955)
- Right to transact business in Texas
- Active
- Formed
- December 19, 1955
- Formed in
- TX
- Mailing city
- Midland, 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 0012986400), Comptroller account status.
Production
What the state's reports show
- Oil, last 12 months
- 171,242 barrels
- Up 167.9% from the 12 months before
- Gas, last 12 months
- 4,929 mcf
- Up 7.3% from the 12 months before
Oil reported each month, in barrels
- Jul 202612,421
- Jun 202613,975
- May 202614,420
- Apr 202614,033
- Mar 202615,645
- Feb 202612,990
- Jan 202614,766
- Dec 202516,579
- Nov 202513,543
- Oct 202514,705
- Sep 202513,944
- Aug 202514,221
Source: Railroad Commission of Texas, production data query, as of July 1, 2026.
Drilling permits
Permits filed with the state
1 drilling permits in the last three years: 1 in 2025. A permit is permission to drill. It is not a well.
| Issued | Lease, county and type |
|---|---|
| 2025-05-15 | HEND A/C 131 #9Winkler County · Vertical |
Source: Railroad Commission of Texas, drilling permit records.
Leases
Leases this company operates
39 leases on the state record, 27 with production in the last twelve months. The largest by production:
- Hend A/C 131Winkler County · 38,352 bbl of oil
- Hendrick, IdaWinkler County · 27,493 bbl of oil
- Hendricks-MWinkler County · 15,593 bbl of oil
- Howe "C"Winkler County · 12,727 bbl of oil
- Cowden, E. W. "B"Winkler County · 8,757 bbl of oil
- B H P Hendrick -C-Winkler County · 8,097 bbl of oil
- Cowden "K"Winkler County · 7,661 bbl of oil
- Cowden 'C'Winkler County · 5,471 bbl of oil
- Hend A/C 115-1Winkler County · 5,379 bbl of oil
- Hend A/C 115-2Winkler County · 5,216 bbl of oil
- Hend A/C 125Winkler County · 5,014 bbl of oil
- Walton A/C 118AWinkler County · 3,781 bbl of oil
- Hend I A/C 135Winkler County · 2,925 bbl of oil
- Bashara -A-Winkler County · 2,944 bbl of oil
- Hend.ii A/C 135Winkler County · 2,771 bbl of oil
- Morton, Tobe -C-Winkler County · 2,688 bbl of oil
- Howe, J. F. -A-Winkler County · 2,578 bbl of oil
- Bashara -D-Winkler County · 2,539 bbl of oil
- Bashara -B-Winkler County · 2,032 bbl of oil
- Bashara -E-Winkler County · 1,938 bbl of oil
- Morton, Tobe -D-Winkler County · 1,794 bbl of oil
- Walton A/C 118Winkler County · 1,343 bbl of oil
- Hendrick, IdaWinkler County · 1,256 bbl of oil
- Humble-ParkerAndrews County · 1,126 bbl of oil
- Howe "B"Winkler County · 859 bbl of oil
Operator changes
Leases this company took over or handed over
26 taken over and 3 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 French, Winkler CountySep 2025 · to Stout Energy Inc.
- Took over B H P Hendrick -C-, Winkler CountySep 2025 · from Team Operating, L.L.C.
- Handed over Brown-Altman "A", Winkler CountyAug 2025 · to Stout Energy Inc.
- Handed over Brown-Altman, Winkler CountyAug 2025 · to Stout Energy Inc.
- Took over Hendricks-M, Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Howe "C", Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Howe, J.f. "B", Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Cowden "K", Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Brown-Altman "A", Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Bashara -C-, Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Morton, Tobe -C-, Winkler CountyJul 2025 · from Stout Energy Inc.
- Took over Cowden 'C', Winkler CountyJul 2025 · from Stout Energy Inc.
Use it
Follow this company, or check a paper it sent you
New permits and production
One email a week when Saxet Oil Corporation 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 Saxet Oil Corporation?
The Railroad Commission lists Saxet Oil Corporation as operator number 749370, P-5 active, in Midland, TX. Its leases reported 171,242 barrels of oil and 4,929 mcf of gas in the last twelve months.
Is Saxet Oil Corporation a registered business in Texas?
The Comptroller's franchise tax file lists a business entity that matches the company: SAXET OIL CORPORATION, a texas profit corporation, 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 Saxet Oil Corporation report?
In the last twelve months the leases Saxet Oil Corporation operates reported 171,242 barrels of oil and 4,929 mcf of gas to the Railroad Commission, through July 1, 2026. It has 39 leases on the state record, 27 with production in that time.
How many drilling permits has Saxet Oil Corporation filed?
1 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 Saxet Oil Corporation: 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.