R. W. Fair was born near Arp, Texas in 1886 and grew to become a successful pecan farmer, oilman, philanthropist and religious and civic leader. In 1923, Fair leased one of his peach orchards to a Dallas oilman who had drilled a successful oil producer on a farm just down the road. Although R. W. Fair had no experience in the oil business, his entrepreneurial instincts took over and shortly thereafter, he became the first individual to finance 100 percent working interest in a well drilled on his own property with 100 percent royalty interest. The rest is history and Fair was in the petroleum business, sucessfully developing fields in Texas, New Mexico, Oklahoma, Colorado, Louisiana and Mississippi.
Fair Oil is achieving its vision for the future by utilizing new technology to:
Experienced professionals are assisting us by combining new technology with their past experience to reach new efficiences in exploration and production
Company Name | Fair Oil, LTD |
Business Category | Oil & Gas |
Address | 225 South College Tyler Texas United States ZIP: 75702 |
President | NA |
Year Established | 1923 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
Phone Number | Locked content | Subscribe to view |
Fax Number | Locked content | |
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Website | Locked content |