Territory Resources LLC was established in 2007 by the former management team of Iron Sights Operating, Inc., which was sold to Chesapeake Energy in 2007. Territory immediately began acquiring mature oil fields in Oklahoma for further development. In April 2018, Territory acquired all of Chesapeakes remaining assets in southwestern Oklahoma. The asset base includes over 1,000 oil and gas wells, with approximately 400 of those wells being operated by Territory and encompasses 67,000 net acres that are held by production. Over the next few years, Territory will further develop the asset base by exploitation of the existing wells, development-drilling both horizontally and vertically, and ultimately through exploration, which will be aided by the seismic acquired with the assets.
View Top Employees from Territory Resources LLCWebsite | http://www.territoryllc.com |
Revenue | $8.6 million |
Funding | $350000 |
Employees | 21 (14 on RocketReach) |
Address | 1511 S Sangre Rd, Stillwater, Oklahoma 74074, US |
Phone | (405) 533-1300 |
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Industry | Oil and Gas, Energy, Utilities & Waste Treatment General, Energy, Utilities & Waste Treatment |
Competitors | 5D Oilfield Magnetics LLC, Cortez Resources, Grenadier Energy Partners, LLC, MidCon Consulting LLC |
SIC | SIC Code 138 Companies, SIC Code 13 Companies |
NAICS | NAICS Code 21 Companies, NAICS Code 21311 Companies, NAICS Code 213 Companies, NAICS Code 213112 Companies, NAICS Code 2131 Companies |
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The Territory Resources LLC annual revenue was $8.6 million in 2024.
14 people are employed at Territory Resources LLC.
Territory Resources LLC is based in Stillwater, Oklahoma.
The NAICS codes for Territory Resources LLC are [21, 21311, 213, 213112, 2131].
The SIC codes for Territory Resources LLC are [138, 13].