2024 Permian Basin JV, GP competitors & alternatives

Admiral Permian Resources, LLCOil & Gas Exploration and ProductionUnited States

75% matchPrivate

Oil & Gas Exploration and Production

Admiral Permian Resources, LLC is an exploration and production company that acquires and develops oil and natural gas assets in the Permian Basin. The company utilizes advanced geotechnical analysis and drilling technologies to extract hydrocarbons and deliver long-term returns.

MDM Permian LLCOil & Gas ExplorationUnited States

72% matchPrivate

Oil & Gas Exploration

MDM Permian, Inc. is a publicly traded energy company based in Texas that focuses on exploring oil reserves and managing interests in oil and natural gas wells and mineral prospects.

Oil & Gas

Freedom Energy ND LLC is a privately held, independent oil and natural gas company based in Fort Worth, Texas. The company acquires, develops, and produces oil and gas properties, with a primary focus on the Permian Basin and other domestic resource plays.

Oil & Gas

HighPeak Energy, Inc. operates as an independent energy company, primarily focused on the acquisition, exploration, development, and extraction of crude oil, natural gas, and natural gas liquids. Its principal area of operations is the Midland Basin within West Texas. As of the close of 2021 (December 31st), the company reported proved reserves totaling approximately 64,213 MBoe. HighPeak Energy was established in 2019 and maintains its corporate headquarters in Fort Worth, Texas.

Oil & Gas

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.

Paramount Resources Ltd.POU · Oil & GasCalgary, Canada

70% matchPublic

Oil & Gas

Paramount Resources Ltd. is an independent energy firm operating in Canada, engaged in the exploration, development, production, and sale of natural gas, crude oil, and natural gas liquids. Its core assets include the Montney and Duvernay formations, situated within Alberta and British Columbia. Additionally, the firm holds investments in various public and private companies. Established in 1976, Paramount Resources Ltd. maintains its headquarters in Calgary, Canada.

Oil & Gas

EON Resources Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 342 producing wells, as well as 207 water injection wells and one water source well covering an area of approximately 13,700 acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc. in September 2024. EON Resources Inc. was founded in 2017 and is headquartered in Houston, Texas.

Oil & Gas Exploration & Production

Empire Petroleum Corporation is a conventional oil and natural gas producer that focuses on US onshore assets, including mature producing properties in the Permian Basin, Bakken region, and central Gulf Coast region. The company utilizes well rehabilitation, field maintenance, and management to generate cash flows from its operated and non-operated wells.

Riley Exploration Permian, Inc.REPX · Oil & GasOklahoma City, United States

69% matchPublic

Oil & Gas

Riley Exploration Permian, Inc. (REPX) functions as an independent energy company, engaged in the entire process of hydrocarbon extraction—from acquiring properties and exploring for reserves to developing sites and producing oil, natural gas, and natural gas liquids across the states of Texas and New Mexico. The company primarily concentrates its activities on the San Andres Formation, a geological shelf margin deposit located within the Central Basin Platform and Northwest Shelf areas. REPX's landholdings are predominantly comprised of interconnected blocks situated in Yoakum County, Texas, along with Lea and Roosevelt Counties, New Mexico. As of the end of the third quarter of 2021 (September 30, 2021), the company reported approximately 31,352 net acres and operated a total of 77 net producing wells. Riley Exploration Permian, Inc.'s main office is located in Oklahoma City, Oklahoma.

Oil & Gas

Battalion Oil Corporation functions as an autonomous energy enterprise, primarily focused on the acquisition, exploration, extraction, and enhancement of crude oil and natural gas deposits located on land throughout the United States. As of the close of 2021, the company maintained holdings across 40,400 net acres within Texas's Delaware Basin, encompassing Pecos, Reeves, Ward, and Winkler counties. At that same point, its audited proven reserves were calculated at roughly 95.9 million barrels of oil equivalent. This figure comprised 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. Initially established in 1987 and based in Houston, Texas, the company rebranded as Battalion Oil Corporation in January 2020, having previously operated under the name Halcón Resources Corporation.

Oil & Gas

Atlas Sand is a U.S. producer and supplier of high-quality frac sand, with mining and processing operations in the Permian Basin of West Texas. It serves oilfield operators and hydraulic-fracturing service companies by providing in-basin proppant for unconventional oil and gas wells.

Oil & Gas

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. PrimeEnergy Resources Corporation was incorporated in 1973 and is based in Houston, Texas.