delux54panel.No it is a 5 HP.2 stage 2 cyl.compressor.on an 80 gal.tank.I have heard too many horror stories about the oiless compressors.It is replacing an old Champion,circa 1956,with approx.the same specs.But the Champion is getting old like me and parts are no longer available to rebuild it.It is really more compressor than I need but what the hey.In this case I think bigger is better.