Blackbeard Operating

Acquired

Fort Worth, United States · Founded 2014

Headquarters
Fort Worth, Texas
Employees
51–200
Founded
2014
Acquisition Date
Jul 2021

About

Blackbeard Operating is a privately held energy company based in Fort Worth, Texas, focused on acquiring, optimizing and developing low-risk, mature oil-producing properties. Launched in 2014 with backing from NGP Energy Capital, the company operates roughly 100,000 net acres on the Central Basin Platform of the Permian Basin, with thousands of producing wells. It has shifted from vertical to horizontal pad development, drilling hundreds of horizontal wells and producing tens of thousands of barrels of oil equivalent per day.

Summary

Blackbeard Operating is an Energy company based in Fort Worth, United States, founded in 2014.

Tech & App Stack

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Funding History

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AcquisitionJul 2021
$166.0M

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