Radar › Companies › Oil & Gas Upstream · Midland
Radar · Oil & Gas Upstream in Midland

Best Oil & Gas Upstream Companies in Midland, United States

The 44 best Oil & Gas Upstream companies in Midland, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Tall City Exploration II.

44companies tracked
$3.6Bdisclosed funding
0unicorns
19have raised

Ranked: Best Oil & Gas Upstream companies in Midland

#CompanyLast roundDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
13R Petroleum
Oil & gas exploration and production company
———2013Paul Ryan Robinson
Founder & President
——
2Blackbeard Operating
Permian Basin energy company focused on responsible, low-cost production and growth
——2302014—WordPressMySQLPHP+14—
3Boaz Energy
Development of oil and gas properties
——182013———
4CrownQuest
Provider of oil and gas exploration and production services
——2732000—WordPress Block EditorWordPressMySQL+14—
5Diamondback Energy
Independent oil and gas company
——1,023
1,023 → 1,373 (+34%)
2007—DrupalPHPAcquia Cloud Platform+231 expansion
6Endeavor Energy Resources
Oil & gas exploration and production company
——1,0911979Autry Stephens
Founder
——
7Great Western Drilling Company
Great Western Drilling Company, a privately owned oil and gas business, was founded in 1936.
——481936———
8Green Century Resources
Designer and operator of exchange-traded energy markets
———2006James Mayer
Owner & CEO
——

Top 12 Oil & Gas Upstream companies in Midland

#1
Public · Midland, Texas · founded 2005 · 1062 employees
$172.8Mraised
▾

Provider of oil & natural gas exploration & production services

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Product
top 14%
Innovation
top 20%
Funding
top 22%
Market
top 36%
News
top 39%
Talent
top 43%
Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
Funding: Raised $173M across 7 rounds · 7 rounds over 21 yrs (0.3/yr) · Last round Post IPO (May 2026)
Audience (LinkedIn): 24k LinkedIn followers — 14.8% of this cohort's audience
Hiring (LinkedIn): 8 hiring posts in 12 mo (public) · momentum +8 · hiring: Cement Laboratory Technician, Mechanic Trainee
Funding rounds
  • May 2026Post IPO$600M
  • Apr 2022Conventional Debt—
  • Apr 2020Angel—
  • Feb 2019Conventional Debt$300M
Founders & team
Jeff SmithCo-Founder & CFODale RedmanCo-Founder & CEO
Investors
Stellus Capital Management, Energy Capital Partners, Wilks Brothers
Tech stack
Apache Http ServerApple Icloud MailCookieyesDiviDocusignGodaddy
#2
Seed · Midland, Texas · founded 2012 · 12 employees
$805Mraised
▾

Tall City Exploration II is an exploration and production oil and gas company. The company’s primary activities include the pursuit of acquisitions and the exploration and development of upstream oil and gas assets in the Permian Basin.

Funding rounds
  • Sep 2018PE$500M
  • May 2016PE$300M
  • 2012Seed$5M
Investors
John Henry Petroleum, Denham Capital, Warburg Pincus, Trace Capital Management
#3
Public · Midland, Texas · founded 2005 · 317 employees
$541.5Mraised
▾

Provider of oil and gas asset monetization services. This entity facilitates the sale of oil and gas properties, returning capital to shareholders. The company focuses on the strategic sale of assets and subsequent winding-down operations. It provides owner relations support, assisting in identifying current operators of previously managed assets. Investor relations services include communication, financial reporting, and support during company dissolution.

Funding rounds
  • Dec 2019Post IPO$66.5M
  • Jan 2018Conventional Debt$400M
  • Nov 2007Post IPO$75M
Founders & team
Paul HorneCEO
Investors
Cortland
#4
Public · Midland, Texas · founded 2004 · 98 employees
$326.6Mraised
▾

Oil and natural gas exploration and production company. It focuses on acquiring, exploring, and developing oil and liquids-rich assets. The company utilizes advanced technologies and reservoir engineering to optimize operations and enhance profitability. Its experienced management team has a proven track record in the industry. The company is committed to sustainable operations and sound corporate governance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 5.1% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Senior Landman, HSE FIELD COORDINATOR
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2018Conventional Debt$86.3M
  • Dec 2016Conventional Debt$82.8M
  • Jul 2015Conventional Debt$100M
  • Jun 2014Post IPO$30M
Founders & team
Lloyd RochfordCo-Founder & ChairmanStan McCabeCo-Founder & DirectorKelly HoffmanCEO & Director
Investors
Advisor Group
Tech stack
Apache Http ServerBootstrapFancyboxGodaddyGoogle AnalyticsGoogle Tag Manager
#5
Acquired · Midland, Texas · founded 2016 · 35 employees
$600Mraised
▾

Developer of oil and gas properties in the Permian Basin. This company acquires and develops oil and gas properties, employing advanced technologies to identify and maximize the value of oil-rich resources. Its experienced management team possesses a strong track record in the industry, focusing on efficient and effective resource extraction. The company's strategy centers on leveraging technological innovation for optimal resource development.

Funding rounds
  • Mar 2017PE$600M
Investors
Pine Brook, Riverstone Holdings
Tech stack
CloudflareCloudflare Bot ManagementDiviGodaddyGoogle Font ApiHttp/3
#6
Late Stage · Midland, Texas · founded 2000 · 21 employees
$500Mraised
▾

Provider of Tamil Christian devotional content and mobile applications. It offers a vast collection of hymns, prayers, and liturgical resources in Tamil. The platform includes various categories of songs, such as praise and worship songs, devotional hymns, and songs for specific occasions. Additionally, it provides a selection of prayers, including daily prayers and prayers for special occasions. The company also develops and maintains mobile applications for iOS and Android devices, offering convenient access to its content. These apps provide users with a readily available source of spiritual nourishment and devotional materials.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Senior Accountant
Activity: 2 partnerships · 1 expansions (incl. University of Wyoming) announced in 12 mo
Funding rounds
  • Dec 2013PE$500M
Investors
Ares Management
Tech stack
Backbone.JsBeaver BuilderGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerJquery
#7
Late Stage · Midland, Texas · founded 2013 · 19 employees
$400Mraised
▾

Permian Basin oil and gas exploration and production company. This company utilizes horizontal drilling and multi-stage hydraulic fracturing techniques in both conventional and unconventional reservoirs. Its strategy focuses on assets overlooked by competitors. The company's operations are centered on exploration and production activities within the Permian Basin.

Funding rounds
  • Apr 2013PE$400M
Investors
Pine Brook, Wells Fargo, Newlight Partners
Tech stack
Godaddy Website BuilderPwaOpen Graph
#8
Acquired · Midland, Texas · founded 2008 · 496 employees
$65Mraised
▾

Parsley Energy is an independent oil and natural gas company with operations in the Permian Basin. The company is focused on developing unconventional oil and natural gas reserves.

Funding rounds
  • Jan 2017Post IPO$770M
  • Apr 2014Conventional Debt$150M
  • Aug 2013PE$65M
Investors
NGP, Omega Advisors, Quantum Energy Partners
Tech stack
Cloudflare Browser InsightsCloudflare
#9
Acquired · Midland, Texas · founded 2015 · 94 employees
$75Mraised
▾

Developer of oil and natural gas assets in the Permian Basin. This company focuses on the acquisition, optimization, and development of oil and liquids-rich natural gas properties. It prioritizes sustainable returns through a disciplined investment approach and maintains a conservative balance sheet. The company aims to deliver leading shareholder returns by leveraging its high-quality asset base and technical expertise. Its operations emphasize responsible resource development to meet global energy needs.

Funding rounds
  • Feb 2016PE$75M
Investors
Pearl Energy Investments, NGP
#10
Public · Midland, Texas · founded 2010 · 5 employees
$45Mraised
▾

Manufacturer of charcoal production equipment and turnkey solutions. This includes the design, production, and installation of charcoal-making retorts. The company also provides commissioning services and staff training. In addition, they produce activated carbon and offer cogeneration of electricity and heat. Their expertise stems from over fifteen years of experience in the charcoal production industry.

Funding rounds
  • Sep 2014Post IPO$45M
Founders & team
Jason HoisagerFounder & CEO
#11
Series B · Midland, Texas · founded 2001 · 9 employees
$30Mraised
▾

Oil and gas exploration and production company

Funding rounds
  • Aug 2019Series B$30M
Founders & team
Charles SharmanCo-Founder
#12
Acquired · Midland, Texas · founded 2004 · 1203 employees
$5.5Mraised
▾

Independent exploration and production company of oil and gas. It engages in the exploration, production, transportation, and marketing of crude oil, bitumen, natural gas, natural gas liquids, and liquefied natural gas. The company operates across various international locations, focusing on both conventional and unconventional resources. Its activities encompass the entire value chain, from initial exploration and development to the final delivery of energy products to the market. The company also emphasizes sustainability initiatives and responsible environmental practices.

Funding rounds
  • Jul 2018Conventional Debt$1.6B
  • May 2012Post IPO$15M
  • Oct 2010Post IPO$300M
  • May 2007Series A$4.5M
Founders & team
Tim LeachCEO
Investors
Sowell Company, The Independent Investment Trust
Tech stack
PhpVimeoApache Http ServerOnetrustModernizrGoogle Tag Manager

Funding & investor landscape

$3.6Btotal disclosed funding
13companies funded
42disclosed rounds
0rounds last 90 days
Most active investors
NGP5 rounds
EnCap Investments3 rounds
Denham Capital2 rounds
Pine Brook2 rounds
Prospect Capital2 rounds
Quantum Energy Partners2 rounds
Advisor Group1 rounds
Ares Management1 rounds
CIC Partners1 rounds
Cortland1 rounds

Notable founders

Jeff Smith
Co-Founder & CFO · ProPetro Holding
Dale Redman
Co-Founder & CEO · ProPetro Holding
Paul Horne
CEO · Legacy Reserves
Lloyd Rochford
Co-Founder & Chairman · Ring Energy
Stan McCabe
Co-Founder & Director · Ring Energy
Jason Hoisager
Founder & CEO · Arabella Exploration
Charles Sharman
Co-Founder · Texas Standard Oil Company
Tim Leach
CEO · Concho Resources
Rob Renz
President & CEO · Pogo Exploration
Gary McKinney
Chairman & CEO · Reliance Energy
Richard Jennings
CEO · Atlantic Resources Company
Doug Robison
Co-Founder & President · ExL Petroleum
Prism market signals · United States · country-scoped Prism corpus, 11,908,071 docs

Market landscape — 10 sub-themes by coverage

Share of Oil & Gas Upstream coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Oil & Gas Upstream companies are there in Midland, United States?
Radar tracks 44 indexable Oil & Gas Upstream companies headquartered in Midland, United States that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Upstream companies in Midland, United States?
The Oil & Gas Upstream companies in Midland, United States on this list have raised a combined $3.6B in disclosed equity funding across 13 funded companies.
Which is the highest-funded Oil & Gas Upstream company in Midland, United States?
Tall City Exploration II is the highest-funded Oil & Gas Upstream company in Midland, United States, with $805M in disclosed equity funding.
How many Oil & Gas Upstream companies in Midland, United States are funded?
13 of the 44 Oil & Gas Upstream companies in Midland, United States on this list have disclosed at least one equity funding round.
How many Oil & Gas Upstream unicorns are there in Midland, United States?
None of the Oil & Gas Upstream companies in Midland, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Midland, United States Oil & Gas Upstream companies?
The most active investors in Midland, United States Oil & Gas Upstream companies on this list include NGP, EnCap Investments, Denham Capital, Pine Brook, Prospect Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

Coming soon