Operating is an independent oil and gas company specializing in upstream exploration and production. Established in 2016, the company is headquartered in Rockwall, Texas, and operates primarily within North America and the Gulf of Mexico. Operating is committed to integrity, honesty, and corporate responsibility, focusing on identifying and acquiring undervalued assets to optimize resource extraction.
Key Strategic Focus
Operating's strategic objectives center on the exploration and production of oil and gas resources. The company leverages advanced technologies to enhance extraction efficiency and reduce environmental impact. By targeting undervalued assets, Operating aims to maximize returns and contribute to the energy sector's growth.
Financials and Funding
Since its inception, Operating has raised a total of $588,000 in funding over one round. The capital is allocated towards expanding exploration activities, acquiring new assets, and investing in technological advancements to improve operational efficiency.
Pipeline Development
Operating's pipeline includes several exploration and production projects at various stages of development. The company focuses on assets in North America and the Gulf of Mexico, with timelines for anticipated milestones aligned with industry standards.
Technological Platform and Innovation
Operating employs proprietary technologies and scientific methodologies to enhance exploration and production processes. The company utilizes advanced geological surveys, seismic data analysis, and machine learning algorithms to identify and evaluate potential drilling sites. These innovations set Operating apart in the oil and gas industry by improving accuracy and efficiency in resource extraction.
Leadership Team
- Michael Sutherland: As a key executive, Michael brings extensive experience in the oil and gas sector, contributing to strategic decision-making and operational oversight.
- Brittany Hill: Serving in Human Resources, Brittany focuses on talent acquisition and organizational development, ensuring a skilled and motivated workforce.
- Amy Wright: Amy plays a pivotal role in the company's operations, leveraging her expertise to drive efficiency and innovation.
Leadership Changes
There have been no recent significant changes or appointments within Operating's leadership team.
Competitor Profile
Market Insights and Dynamics
The oil and gas exploration and production industry is characterized by significant market size and growth potential. Industry trends indicate a shift towards sustainable practices and technological integration to enhance efficiency and reduce environmental impact.
Competitor Analysis
Operating's primary competitors include:
- StorageAndTransfer.com: With 31 employees and $2.2 million in revenue, this company focuses on storage and transfer solutions within the oil and gas sector.
- HeliumRecovery.com: Employing 12 individuals and generating $2.5 million in revenue, they specialize in helium recovery services.
- NGL Recovery: This company has 32 employees and $2.3 million in revenue, concentrating on natural gas liquids recovery.
- Hill Country Exploration: With 13 employees and $6.7 million in revenue, they engage in exploration activities similar to Operating.
- EnCap Flatrock Midstream: Employing 16 people and generating $2.8 million in revenue, they focus on midstream services in the oil and gas industry.
Strategic Collaborations and Partnerships
Operating has not publicly disclosed any significant collaborations, partnerships, or alliances.
Operational Insights
Operating's strategic considerations involve maintaining a competitive position by leveraging technological innovations and focusing on undervalued assets. The company's distinct competitive advantages include its commitment to corporate responsibility and its expertise in identifying and optimizing resource extraction from undervalued assets.
Strategic Opportunities and Future Directions
Operating's strategic roadmap includes expanding its asset portfolio, investing in cutting-edge technologies, and exploring new markets within North America and the Gulf of Mexico. The company's current strengths position it to capitalize on emerging opportunities in the energy sector, particularly in sustainable and efficient resource extraction.
Contact Information
For further inquiries, please visit the company's official website.
