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2016 Land Report 100: Fasken Family

No. 43 Fasken Family 260,000 acres (Up 95,000 acres) Four generations of the Midland clan have shepherded Fasken Oil & Ranch, one of the largest private energy companies in Texas. The family’s Permian Basin-area holdings date back to 1913, when

No. 43 Fasken Family

260,000 acres (Up 95,000 acres)

Four generations of the Midland clan have shepherded Fasken Oil & Ranch, one of the largest private energy companies in Texas. The family’s Permian Basin-area holdings date back to 1913, when Toronto lawyer David Fasken bought 220,000 acres sight unseen. The family sold 90 sections to the Mabee family in the 1930s; it also has landholdings in South Texas near Laredo. Since 1955, the Fasken Foundation has awarded millions of dollars in scholarships to students throughout the Permian Basin

Land Report top 100 properties sponsored by LandLeader

Posted in Agriculture, Cattle, Energy, Feature, Land Report 100, Minerals, Southwest, Texas

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