Apollo Resources LLC is an oil and gas operator based in Corsicana, Texas, specializing in the exploration and production of natural gas within Pennsylvania.
Background
Established in 1995, Apollo Resources LLC focuses on the exploration, development, and production of domestic energy resources, aiming to reduce America's dependence on foreign oil. The company operates primarily in Pennsylvania, managing a portfolio of wells and leases to extract natural gas.
Key Strategic Focus
Apollo Resources LLC's strategic focus centers on the exploration and production of natural gas within Pennsylvania. The company operates a portfolio of wells and leases, aiming to efficiently extract and deliver natural gas to meet domestic energy demands.
Financials and Funding
As of the latest available data, Apollo Resources LLC reports an estimated annual revenue of $1.7 million and employs approximately five individuals. Specific details regarding funding history, recent funding rounds, or notable investors are not publicly disclosed.
Pipeline Development
Apollo Resources LLC operates several wells in Pennsylvania, including:
- A GALLAGHER 1A: Located in Indiana County, PA.
- A M BOOTH 1: Situated in Washington County, PA.
- A SMAIL 1: Found in Westmoreland County, PA.
These wells contribute to the company's total gas production of approximately 8,950,238 MCF, with an estimated daily gas production of 7 MCF.
Technological Platform and Innovation
While specific proprietary technologies or scientific methodologies employed by Apollo Resources LLC are not publicly detailed, the company utilizes standard industry practices and technologies for natural gas exploration and production.
Leadership Team
Detailed information about the leadership team of Apollo Resources LLC is not publicly available.
Leadership Changes
There is no publicly available information regarding recent significant changes or appointments within the company's leadership.
Competitor Profile
Market Insights and Dynamics
The natural gas industry in Pennsylvania is a significant contributor to the state's economy, with numerous operators engaged in exploration and production activities. The market is characterized by fluctuating commodity prices, regulatory considerations, and technological advancements.
Competitor Analysis
Apollo Resources LLC faces competition from various small to mid-sized oil and gas operators in the region, including:
- Riverstone Resources: Employs approximately 7 individuals with an estimated revenue of $1.3 million.
- Hill Country Exploration: Employs approximately 13 individuals with an estimated revenue of $6.7 million.
- Upland Exploration: Employs approximately 6 individuals with an estimated revenue of $1.5 million.
- Cortez Resources: Employs approximately 7 individuals with an estimated revenue of $2.2 million.
- Greeheyco: Employs approximately 15 individuals with an estimated revenue of $4.3 million.
These competitors operate in similar markets, offering comparable services in oil and gas exploration and production.
Strategic Collaborations and Partnerships
There is no publicly available information regarding significant collaborations, partnerships, or alliances involving Apollo Resources LLC.
Operational Insights
Apollo Resources LLC operates in a competitive landscape with several small to mid-sized oil and gas operators. The company's focus on natural gas production in Pennsylvania positions it to contribute to domestic energy supply, though it faces challenges such as market volatility and regulatory compliance.
Strategic Opportunities and Future Directions
Potential strategic opportunities for Apollo Resources LLC include expanding its portfolio of wells, adopting advanced extraction technologies, and exploring partnerships to enhance operational efficiency and market reach.
Contact Information
For more information, Apollo Resources LLC can be reached at their headquarters in Corsicana, Texas.
