OPERATORS · TEXAS · P-5 NUMBER 280875
Foundation Energy Management LLC
- P-5 status
- Active (A)
- P-5 last filed
- Apr 1, 2026
- Based in
- Addison, TX
- Most permits, 12 months
- Hardin County
Petrora groups this registration with Foundation Energy Management LLC, Oklahoma (735 active wells), Foundation Energy Management, LLC, New Mexico (1 active wells). Foundation Energy Management LLC across every state →
Foundation Energy Management LLC was issued 1 drilling permit in the past 12 months, versus 1 in the prior year, all in Hardin County. 0% were horizontal.
None were issued in the past 90 days.
The RRC wellbore file lists 157 wells under its operatorship (38 producing, 24 shut in).
Lease reports credit it with 214K barrels of oil and 431K mcf of gas in the 12 months reported through August 2026, down 30% on the year before.
It holds 14 active disposal or injection permits, injecting 2.75M barrels in the 12 months reported through September 2025.
61 drilling permits have been issued to this operator number since 2007; its P-5 organization report was last filed April 1, 2026.
- 1
- permits, last 12 months
- +0%
- vs prior 12 months (1)
- 1
- counties, 12 months
- 38
- producing wells, of 302 of record
- 57
- leases it reports · 315 ever reported on
- 0%
- horizontal, 12 months
WINDOWS ON THE RRC ISSUE DATE · COMPUTED NOV 11, 2026
From permit to spud
FROM THE DATES ON ITS W-1 PERMITS · ALL TIME
A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.
- 54%
- spud rate · 33 of 61 mature permits
- 99
- median days permit to spud · middle half 24–151
- 0
- spuds, last 180 days
- 0%
- canceled · 0 permits
- 26
- expired undrilled
- 3
- permits a year over 19 active years
Permits issued by month
LAST 60 MONTHS · BY ISSUE DATE
Last 12 months 1 · prior 12 1(+0%)
Counties
Counties by permits in the last 12 months, with all-time permits and current wells of record there.
| County | 12 mo | All time | Wells | Last |
|---|---|---|---|---|
| Hardin county → | 1 | 28 | 99 | Feb 11, 2026 |
| Stonewall county → | — | 16 | 0 | Jun 25, 2019 |
| Newton county → | — | 7 | 15 | Oct 29, 2025 |
| Howard county → | — | 3 | 4 | Oct 22, 2018 |
| Runnels county → | — | 3 | 0 | Apr 17, 2008 |
| Glasscock county → | — | 2 | 0 | Jan 16, 2013 |
| Eastland county → | — | 1 | 1 | Aug 4, 2010 |
| Sutton county → | — | 1 | 0 | Aug 11, 2008 |
All 61 permits, searchable → · Leases it reported on → · On the map →
Formations in wells it permitted
Tops reported on completion filings for wells permitted under this operator number, including wells others run today. RRC wellbore file. About tops →
| Formation | Wells | Permitted last 3 yrs |
|---|---|---|
| Frio | 14 | 0 |
| Yegua | 13 | 0 |
| Miocene (undifferentiated) | 10 | 0 |
| Jackson | 8 | 0 |
| Vicksburg | 7 | 0 |
| Canyon | 4 | 0 |
| Yates | 3 | 0 |
| Strawn | 3 | 0 |
| Clear Fork | 3 | 0 |
| San Andres | 3 | 0 |
| Salado | 2 | 0 |
| Wilcox | 2 | 0 |
| Devonian | 2 | 0 |
| Glorieta | 2 | 0 |
| Tannehill | 2 | 0 |
Production by month
PDQ LEASE REPORTS · REPORTED THROUGH AUG 2026
Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. From 315 leases it reported on; 174 are reported by other operators today; 84 are no longer on the schedule.How production is reported →
- 214K
- bbl oil, last 12 reported months
- -30%
- vs the 12 months before
- 431K
- mcf gas incl. casinghead, last 12
- 5.62M
- bbl oil since reporting began
12 months through Aug 2026 214,429 · prior 12 304,651(-30%)
Foundation Energy Management LLC: Oil by month.
Beyond the permit record
RRC wellbore file
Wells of record
RRC UIC permits · H-10 reported volumes
Disposal and injection
- 64.5K
- permitted bbl/day, active
- 2.75M
- bbl injected, last 12 reported months
- Sep 2025
- reported through
By county
| Hardin | 12 active | 58K bbl/d |
| Newton | 2 active | 6.5K bbl/d |
| Stonewall | 0 active | 0 bbl/d |
| Howard | 0 active | 0 bbl/d |
| Stephens | 0 active | 0 bbl/d |
| Haskell | 0 active | 0 bbl/d |
| Polk | 0 active | 0 bbl/d |
All 58 permits, with volumes → · On the map →
Permitted volume is a ceiling, not throughput. How to read it →
Operator of record and permit operator
159 wellbores of record
A well's operator of record is the RRC's, and its permit operator is the one on its latest drilling permit; neither fills in for the other. Its wellbores of record are counted as its wells, with its live permits; a well it permitted that another operator runs, or that the RRC lists with no operator at all, is not. Each count opens the wells it counts. Transfers and operator numbers →
Permit types
Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →
| Type | 12 mo | Prior 12 | All time |
|---|---|---|---|
| Drill | 1 | 1 | 32 |
| Recompletion | 0 | 0 | 24 |
| Field transfer | 0 | 0 | 2 |
| Reclass | 0 | 0 | 2 |
| Reenter | 0 | 0 | 1 |
Fields
RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.
| Field | Wells | Producing |
|---|---|---|
| Sour Lake84693001 | 22 | 8 |
| Silsbee (1)83584875 | 13 | 1 |
| Newton N. (Kurth Sand)65395125 | 11 | 4 |
| Silsbee (2)83584885 | 7 | 4 |
| Pottsville (Marble Falls)72721333 | 7 | 0 |
| Silsbee (W-1)83584100 | 6 | 1 |
| Yoakum (Edwards)99361142 | 5 | 4 |
| Village Mills East (P)93832060 | 4 | 0 |
| Word N. (Edwards)98768100 | 4 | 3 |
| Fred East (8200 -C- Sand)32808332 | 4 | 3 |
| Silsbee West83592001 | 4 | 0 |
| Silsbee (V)83584075 | 4 | 2 |
P-5 organization report
As registered with the RRC. About the P-5 →
- Registration
- Status Active (A)
- Last filed Apr 1, 2026
- Gas operatorOil operator
- Address
- 5057 Keller Springs RD Ste 650
- Addison, TX 75001
- (972) 707-2500
- Officers and agents
- Asbill, Steven Wayne · Vice President
- Rhea, Eddie W. · Ceo
- Payne, Richard L · Vice President,other
- Stark, Jeffrey M. · General Counsel, Chief Complianc
- Foundation Energy Company, L.L.C · Manager
- Bentley, Lance M. · President
Latest permits
NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES
About this data
Registration from the RRC P-5 organization report, refreshed weekly. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports by the operator that filed them, through the statewide reported-through month; disposal from UIC permits and H-10 reports. Oil includes condensate from gas leases and gas includes casinghead gas from oil leases, as the RRC totals them. Summary figures are rebuilt nightly. Nothing is estimated.
Developers: this page as JSON is GET /v1/data/operators/tx/280875, documented in the API reference.