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%)

01220222023202420252026

Counties

Counties by permits in the last 12 months, with all-time permits and current wells of record there.

County12 moAll timeWellsLast
Hardin county →12899Feb 11, 2026
Stonewall county →—160Jun 25, 2019
Newton county →—715Oct 29, 2025
Howard county →—34Oct 22, 2018
Runnels county →—30Apr 17, 2008
Glasscock county →—20Jan 16, 2013
Eastland county →—11Aug 4, 2010
Sutton county →—10Aug 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 →

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%)

020K40K60K2017201820192020202120222023202420252026

Foundation Energy Management LLC: Oil by month.

Beyond the permit record

RRC wellbore file

Wells of record

302
wells of record on 227 wellbores, 73 on scheduleas the RRC's wellbore query lists them, a well per wellbore and lease
38
producing
24
shut in
8
injection
1
temp. abandoned
79
plugged

RRC UIC permits · H-10 reported volumes

Disposal and injection

14
active UIC permits of 58
64.5K
permitted bbl/day, active
2.75M
bbl injected, last 12 reported months
Sep 2025
reported through

By county

Hardin12 active58K bbl/d
Newton2 active6.5K bbl/d
Stonewall0 active0 bbl/d
Howard0 active0 bbl/d
Stephens0 active0 bbl/d
Haskell0 active0 bbl/d
Polk0 active0 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

16
it permitted itself
99
acquired: another operator's permit
42
no permit on file

49 wellbores it permitted

17
run by other operators today
2
live permits, no operator of record yet
14
RRC lists no operator 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 →

Type12 moPrior 12All time
Drill1132
Recompletion0024
Field transfer002
Reclass002
Reenter001

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.

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

PermitSeenIssuedOperatorCountyLease / wellDepthAPI
913251Feb 11, 2026Feb 11, 2026Foundation Energy Management LLCHardinElliot, F.P Fee #158,20019933669
901441AmendmentOct 29, 2025Oct 29, 2025Foundation Energy Management LLCNewtonKurth, J.H., Jr. -B- #108,10035130939
901441Oct 29, 2025Oct 29, 2025Foundation Energy Management LLCNewtonKurth, J.H., Jr. -B- #108,10035130939
896387Jan 12, 2024Jan 12, 2024Foundation Energy Management LLCHardinElliot, F.P. Fee #158,20019933656
891383Jul 24, 2023Jul 24, 2023Foundation Energy Management LLCHardinF. P. Elliot Fee #117,93519933562
891940Jul 14, 2023Jul 14, 2023Foundation Energy Management LLCHardinF. P. Elliot Fee #128,04419933564
890988Jun 6, 2023Jun 6, 2023Foundation Energy Management LLCHardinBrooks, G.W. Fee #488,10019900141
886102Dec 8, 2022Dec 8, 2022Foundation Energy Management LLCHardinBrooks, G.W. #598,10019932592
884740Oct 17, 2022Oct 17, 2022Foundation Energy Management LLCHardinBrooks, G.W. Fee #598,10019932592
883705Sep 13, 2022Sep 13, 2022Foundation Energy Management LLCHardinBrooks, G.W. #338,06019900248
881140Jun 21, 2022Jun 21, 2022Foundation Energy Management LLCHardinBrooks, G.W. #88,10019900228
881140AmendmentJun 21, 2022Jun 21, 2022Foundation Energy Management LLCHardinBrooks, G.W. #88,10019900228
880347Jun 13, 2022Jun 13, 2022Foundation Energy Management LLCHardinBrooks, G.W. Fee #114,75019933621
877580Mar 7, 2022Mar 7, 2022Foundation Energy Management LLCNewtonKurth, J.H., Jr -A- #117,80035130934
877580AmendmentMar 7, 2022Mar 7, 2022Foundation Energy Management LLCNewtonKurth, J.H., Jr -A- #117,80035130934

Full permit history →

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.