LP Operating

Modern Day Drillers with Old School Values

General Information
Company Name
LP Operating
Founded Year
2009
Location (Offices)
Boerne, United States +1
Founders / Decision Makers
Number of Employees
9
Industries
Energy, Industrial, Oil and Gas
Funding Stage
-
Social Media

LP Operating - Company Profile

LP Operating is a Texas-based oil and gas exploration and production company with a focus on trusted partnerships and long-term projects in the industry. Founded in 2009, the company is driven by its owners, Monte Lang and Tim Philpot, who bring over 32 years of combined experience in the energy sector. Their expertise encompasses a wide range of drilling opportunities and the acquisition of extensive seismic data, positioning the company as a licensed operator with the Railroad Commission of Texas (#480178). Notably, LP Operating holds a significant lease position in a developmental drilling project within the West Texas Permian Basin region, known for its successful track record of well production. Moreover, the company has acquired acreage in a rapidly growing shale play in the US, indicating potential for the development of shallow resource reserves. As the sole operator of these projects, LP Operating retains 100% control of daily operations. With its slogan, "Modern Day Drillers with Old School Values," LP Operating emphasizes a balanced approach to energy exploration, combining modern practices with traditional principles. The company operates within the Energy, Industrial, and Oil and Gas sectors, reflecting its diverse portfolio and commitment to industry excellence. Currently, there is no publicly disclosed information available regarding the company's last investment or its associated investors.

Taxonomy: Oil & Gas Exploration, Production Company, Drilling Operations, Shale Plays, Energy Industry, Resource Reserves Development, Operational Efficiency, Acquisition and Reprocessing of Seismic Data, Licensed Operator, West Texas Permian Basin Operations, Trusted Relationships, Long-Term Projects, Cost-Effective Operations, Acreage Position, Commodity Price Management

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