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LRG Energy LLC

About

LRG owns and operates approximately 5,000 wells, primarily in the Texas Panhandle, through its three operators: Large Operating, Ponderosa TX Operating and D10 Energy. LRG's strategy is to acquire existing wellbores, return to production nonproducing wells, while flat-lining decline curves and cutting costs. LRG believes its strategy is ESG effective by repairing older wells and thereby reducing each well's carbon emission impact. Through its operators, LRG owns all of its own service equipment and is among the largest independent service providers in the area, making it a low-cost, vertically integrated oil and gas producer.

Editor's note: Updated Aug. 25, 2022.

Headquarters Address

United States

Transactions

Report Date Amount (MM) Description
2022-08-25 --

LRG Energy Grows Texas Panhandle Footprint with Acquisition of Bjorger Cos. Assets

LRG Energy Grows Texas Panhandle Footprint with Acquisition of Bjorger Cos. Assets

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

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News

The acquisition of Bjorger Cos.’s assets is LRG Energy’s ninth acquisition in the past four years, making LRG among the largest…