Texas American Resources Company (TARC) is a private, independent oil and gas exploration and production company headquartered in Austin, Texas. Founded in 1990 by President and CEO, David E. Honeycutt, the Company has a nearly 30-year history of successfully drilling hundreds of wells across multiple on-shore basins in the U.S. With a multi-disciplined team specializing in geology, engineering, finance and land, TARC uses a subsurface-driven approach, utilizing modern technology to maximize the recovery of hydrocarbons in an efficient and a responsible manner. Since 2016, the Company has partnered with First Reserve Corporation, a leading global private equity investment firm exclusively focused on energy. The Company is currently focused on acquiring and developing properties in South Texas that combine existing production with significant remaining undrilled locations. TARC previously operated in the DJ Basin, the Barnett Shale and the Texas Gulf Coast, among other basins, where the Company successfully increased production and reserves, resulting in attractive returns for its' sponsors and royalty owners.
View Top Employees from Texas American Resources CompanyWebsite | https://www.texasarc.com/ |
Revenue | $69 million |
Employees | 37 (36 on RocketReach) |
Founded | 1990 |
Address | 201 W 5th St 1300, Austin, Texas 78701, US |
Phone | (512) 480-8700 |
Fax | (512) 480-8732 |
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Industry | Oil and Gas, Electricity, Oil & Gas, Energy, Energy, Utilities & Waste Treatment |
Web Rank | 16 Million |
Keywords | Texas American Resources, Companies Downtown Houston, Oil And Gas Companies In Austin Tx |
Competitors | EV Energy Partners, L.P., Jones Energy, Inc., LINN Energy, Newfield Exploration, Three Rivers Operating Company LLC |
SIC | SIC Code 131 Companies, SIC Code 13 Companies |
NAICS | NAICS Code 21112 Companies, NAICS Code 21 Companies, NAICS Code 211 Companies, NAICS Code 2111 Companies |
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The Texas American Resources Company annual revenue was $69 million in 2024.
Thomas Hester is the CFO of Texas American Resources Company.
36 people are employed at Texas American Resources Company.
Texas American Resources Company is based in Austin, Texas.
The NAICS codes for Texas American Resources Company are [21112, 21, 211, 2111].
The SIC codes for Texas American Resources Company are [131, 13].