Company Overview
- Headquarters
- 115 Oak Park Dr, Boerne TX
- Website
- lpoperating.com
- Phone
- (830) 331-9001
- Employees
- 10
- Founded in
- 2009
- Industry
- Oil Gas Coal
- NAICS Code
-
NAICS Code 21112 CompaniesNAICS Code 211 CompaniesNAICS Code 2111 CompaniesNAICS Code 21 Companies
- SIC Code
-
SIC Code 131 CompaniesSIC Code 13 Companies
Financials & Stats
Revenue
$1B
Who is LP Operating
LP Operating, LLC is a limited liability company specializing in oil and gas exploration and production, based in Boerne, Texas. The company employs 10 people and generates approximately $719,000 in annual revenue. LP Operating focuses on developing long-term projects and building strong relationships with partners. Their primary operations center around the West Texas Permian Basin region, where they own a significant lease position in a developmental drilling project with a proven track record. The company has also recently acquired acreage in a rapidly expanding shale play within the United States, providing opportunities for future development of shallow resource reserves. The founders, Monte Lang and Tim Philpot, bring over 32 years of combined experience in the energy industry. Their expertise extends to over 250 drilling endeavors, spanning depths from 2,500 feet to over 19,000 feet, across the Gulf Coast Region, Permian Basin, and Fort Worth Basin. They also possess extensive experience in the acquisition and reprocessing of over 3,000 square miles of 3-D seismic data. LP Operating is a licensed operator with the Railroad Commission of Texas (#480178). For more information, visit their website at lpoperating.com.
Company Leadership
LP Operating Industry Tags
LP Operating Tech Stack
Companies Similar to LP Operating
Analyze industry trends and opportunities by examining competitors and companies comparable to LP Operating, including their performance metrics, financials, growth dynamics, and competitive benchmarks.
Company Name | Revenue | Number of Employees | Location | Founded in |
---|---|---|---|---|
1M | 16 | Blue Bell, PA | 2009 | |
1M | 11 | Flagstaff, AZ | 1974 | |
1M | 298 | |||
1M | 14 | Kalkaska, MI | 1987 | |
1M | 4 | Sulphur Springs, TX | 2012 |