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Thread: Starting an independent oil and gas operator - Seeking Advice

  1. Starting an independent oil and gas operator - Seeking Advice

    Hey! I am interested in starting an oil and gas operator in Texas after years of experience working in oil and gas. Does anyone have any previous experience starting a small independent operator? I am familiar with the forms and permits required per the RRC, but I am interested in the process of raising capital and setting up deals on a small scale (think ~10 wells/150 bbl/day). Any advice is greatly appreciated!


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  3. Re: Starting an independent oil and gas operator - Seeking Advice

    if you are in houston, you can try promoting your idea in society of oil & gas entrepreneur meetup. They meet once a month

    [link Point to another website Only the registered members can access]
    BTW, before you become an operator in Texas, you need money for a bond for your operatorship and liability insurance for your company, at current oil price 150 bbl/day x10 x $40/bbl can't even pay the bond fee and insurance premium.

    My threads; coby :


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    • #3

      Re: Starting an independent oil and gas operator - Seeking Advice

      Did you manage to find the asset that you like to acquire?
      Quote Originally Posted by trescomas View Post
      Hey! I am interested in starting an oil and gas operator in Texas after years of experience working in oil and gas. Does anyone have any previous experience starting a small independent operator? I am familiar with the forms and permits required per the RRC, but I am interested in the process of raising capital and setting up deals on a small scale (think ~10 wells/150 bbl/day). Any advice is greatly appreciated!

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