Radar · Oil & Gas Upstream in Texas
Best Oil & Gas Upstream Companies in Texas, United States
The 601 best Oil & Gas Upstream companies in Texas, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Venari.
By Riya SenguptaFinancials
601companies tracked
$36.3Bdisclosed funding
1unicorns
192have raised
Ranked: Best Oil & Gas Upstream companies in Texas
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Venari Offshore exploration and production company 11Funding top 33%Global bottom 37%News bottom 27%Market bottom 22% All 4 signals ▾Fundingtop 33% Globalbottom 37% Newsbottom 27% Marketbottom 22% Funding: Raised $2.6B across 2 rounds · 2 rounds over 14 yrs (0.1/yr) Global: Investors from 2 countries beyond United States rank vs industry peers · Fliar Intelligence Index 11/100 | $2.6B | 143 mo ago | 6 | 2012 | — | — | — |
| 2 | Double Eagle Energy Holdings Oil and gas exploration and production company 35Funding top 26%Talent top 38%Market bottom 48%Global bottom 32% All 5 signals ▾Fundingtop 26% Talenttop 38% Marketbottom 48% Globalbottom 32% Techbottom 21% Funding: Raised $2.1B across 7 rounds · 7 rounds over 12 yrs (0.6/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $2.1B | 66 mo ago | 95 | 2009 | John Sellers Co-Founder & Co-CEO | — | — |
| 3 | Battalion Oil Oil and gas exploration and production company 67Growth top 14%Funding top 23%News top 23%Partners top 39% All 9 signals ▾Growthtop 14% Fundingtop 23% Newstop 23% Partnerstop 39% Techtop 49% Marketbottom 46% Fin. healthbottom 42% Globalbottom 32% Moatbottom 31% Growth: Web rank 50,000,000 → 5,000,000 YoY · 6 acquisition/expansion moves in 24 mo Funding: Raised $2.0B across 4 rounds · 4 rounds over 13 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $2.0B | 3 mo ago | 63 | 2004 | — | WordPress Block EditorWordPressMySQL+19 | — |
| 4 | Energy XXI Oil and gas asset development and production company 42Funding top 35%Market top 46%News bottom 32%Global bottom 29% All 4 signals ▾Fundingtop 35% Markettop 46% Newsbottom 32% Globalbottom 29% Funding: Raised $1.8B across 3 rounds · 3 rounds over 19 yrs (0.2/yr) Market: 168 employees (top 33% of Energy) rank vs industry peers · Fliar Intelligence Index 42/100 | $1.8B | 145 mo ago | 168 | 2005 | — | — | — |
| 5 | EXCO Resources Exploration and production in onshore North America | $1.2B | 83 mo ago | 153 | 1997 | Hal Hickey Chief Executive Officer | WordPressApple iCloud MailMySQL+9 | 3 job openings |
| 6 | Kosmos Energy Provider of exploration and production services to oil and gas sector | $1.1B | 138 mo ago | 236 236 → 473 (+100%) | 2003 | — | WordPressPleskApple iCloud Mail+29 | — |
| 7 | Luxe Energy Exploration and Production of Unconventionals in the US | $1.0B | 116 mo ago | 13 | 2015 | — | — | — |
| 8 | Natgasoline Oil and gas exploration and production company | $961M | 88 mo ago | 135 135 → 139 (+3%) | 2018 | — | WordPressMySQLPHP+19 | — |
| 9 | Tall City Exploration II Exploration and Production in the Permian Basin | $805M | 93 mo ago | 12 | 2012 | — | — | — |
| 10 | Windy Cove Energy Enhanced Oil Recovery using CO2 50Product top 27%Innovation top 30%Funding top 36%Talent bottom 45% All 6 signals ▾Producttop 27% Innovationtop 30% Fundingtop 36% Talentbottom 45% Globalbottom 29% Techbottom 23% Product: 3 distinct product lines · Company stage: PE Innovation: 3 product lines rank vs industry peers · Fliar Intelligence Index 50/100 | $700M | 140 mo ago | — | 2013 | Charles Fox Founder & CEO | — | — |
| 11 | American Resource Development Developer of oil and gas properties | $650M | 111 mo ago | 55 | 2015 | — | — | — |
| 12 | MorningStar Partners Oil & gas development and exploration company | $645M | 122 mo ago | 153 | 2012 | — | — | — |
| 13 | Charger Shale Oil Company Oil & gas exploration and production company | $627M | 117 mo ago | — | 2016 | Joseph Magoto Founder | — | — |
| 14 | Admiral Permian Resources Developer of oil and gas properties in the Permian Basin | $600M | 111 mo ago | 35 | 2016 | — | WordPressMySQLPHP+12 | — |
| 15 | Legacy Reserves Provider of oil and gas asset monetization services | $542M | 77 mo ago | 317 | 2005 | Paul Horne CEO | — | — |
| 16 | FireBird Energy Oil and gas production company 32Funding top 36%Growth top 45%Talent bottom 49%Tech bottom 37% All 7 signals ▾Fundingtop 36% Growthtop 45% Talentbottom 49% Techbottom 37% Globalbottom 36% Marketbottom 27% Newsbottom 27% Funding: Raised $500M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | $500M | 37 mo ago | 32 | 2019 | Travis Thompson Chief Executive Officer | DrupalPHPBootstrap+11 | — |
| 17 | Montage Resources Oil & gas exploration and production company | $500M | 80 mo ago | 236 | 2011 | — | — | — |
| 18 | Apex International Energy Oil and gas exploration company 48Innovation top 20%Product top 26%Moat top 31%Funding top 36% All 8 signals ▾Innovationtop 20% Producttop 26% Moattop 31% Fundingtop 36% Talentbottom 49% Techbottom 47% Globalbottom 37% Marketbottom 22% Innovation: 8 product lines Product: 8 distinct product lines · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 48/100 | $500M | 91 mo ago | 12 | 2016 | Roger Plank Founder & CEO | WordPressMySQLPHP+29 | — |
| 19 | Chisholm Energy Upstream oil and gas company | $500M | 120 mo ago | 25 | 2016 | — | — | — |
| 20 | Scala Energy Exploration and production company 32Funding top 50%Talent bottom 45%Global bottom 29% All 3 signals ▾Fundingtop 50% Talentbottom 45% Globalbottom 29% Funding: Raised $500M · 1 rounds over 11 yrs (0.1/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 32/100 | $500M | 132 mo ago | — | 2015 | Steve Hinchman Founder and CEO | — | — |
| 21 | Independence Resources Management Exploration and Production focused in the Permian, Anadarko and Powder River basins 24Funding top 39%Growth bottom 42%Market bottom 39%Global bottom 32% All 4 signals ▾Fundingtop 39% Growthbottom 42% Marketbottom 39% Globalbottom 32% Funding: Raised $500M across 1 rounds · 1 rounds over 12 yrs (0.1/yr) Growth: Headcount 41 → 37 (-10%) across vintages rank vs industry peers · Fliar Intelligence Index 24/100 | $500M | 137 mo ago | 37 | 2014 | — | — | — |
| 22 | True Oil Provider of Tamil Christian devotional content and mobile applications | $500M | 150 mo ago | 21 | 2000 | — | WordPressMySQLPHP+17 | 1 internship · 1 expansion |
| 23 | Exaro Energy Provider of urban radio broadcasting and digital content 13Funding top 38%Talent bottom 45%Global bottom 36%Market bottom 17% All 4 signals ▾Fundingtop 38% Talentbottom 45% Globalbottom 36% Marketbottom 17% Funding: Raised $440M across 3 rounds · 3 rounds over 14 yrs (0.2/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 13/100 | $440M | 170 mo ago | 7 | 2005 | Christopher Beato CEO | — | — |
| 24 | Grenadier Energy Partners Upstream oil and gas company focused on low-risk asset acquisition and development | $440M | 166 mo ago | 16 | 2007 | — | — | — |
| 25 | Common Resources III Manufacturer of plastic bottles, jars, and containers | $413M | 164 mo ago | — | 2012 | Thomas Jones ex-President & CEO | — | — |
| 26 | Kraken Oil & Gas Private equity-backed oil and gas exploration and production company 35Funding top 36%Growth top 45%Market bottom 42%Tech bottom 40% All 5 signals ▾Fundingtop 36% Growthtop 45% Marketbottom 42% Techbottom 40% Globalbottom 29% Funding: Raised $400M across 1 rounds · 1 rounds over 14 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 35/100 | $400M | 58 mo ago | 110 | 2012 | — | WordPress Block EditorWordPressMySQL+14 | — |
| 27 | Elevation Resources Permian Basin oil and gas exploration and production company | $400M | 158 mo ago | 19 | 2013 | — | GoDaddy Website BuilderReactRequireJS+6 | — |
| 28 | Forge Energy Exploration and production company focused on responsible oil and gas development | $400M | 180 mo ago | 33 | 2011 | Barry Winstead Co-Founder & CEO | — | — |
| 29 | Petrohawk Energy Provider of online gambling and betting services 64Market top 25%Fin. health top 26%Moat top 38%Funding top 41% All 7 signals ▾Markettop 25% Fin. healthtop 26% Moattop 38% Fundingtop 41% Techbottom 32% Globalbottom 29% Newsbottom 24% Market: 862 employees (top 13% of Energy) · Revenue ~$2.1B Fin. health: Revenue ~$2.1B (FY2009) · Net margin 4.7% rank vs industry peers · Fliar Intelligence Index 64/100 | $388M | 244 mo ago | 862 | 2004 | — | — | — |
| 30 | Indigo Natural Resources Oil and natural gas production company 48Talent top 38%Funding top 41%Market top 46%Global bottom 29% All 5 signals ▾Talenttop 38% Fundingtop 41% Markettop 46% Globalbottom 29% Newsbottom 22% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $375M · 3 rounds over 10 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $375M | 100 mo ago | 175 | 1998 | William Pritchard Founder & Chairman | — | — |
| 31 | Cobalt International Energy Provider of oil exploration and development services 35Funding top 42%Growth top 44%Fin. health bottom 48%Market bottom 37% All 7 signals ▾Fundingtop 42% Growthtop 44% Fin. healthbottom 48% Marketbottom 37% Globalbottom 37% Newsbottom 32% Moatbottom 24% Funding: Raised $350M across 2 rounds · 2 rounds over 19 yrs (0.1/yr) Growth: Headcount 111 → 85 (-23%) across vintages · Revenue +221% YoY rank vs industry peers · Fliar Intelligence Index 35/100 | $350M | 171 mo ago | 85 | 2005 | — | — | — |
| 32 | Castex Energy Explores, acquires, and monetizes oil and gas reserves 14Funding top 41%Market bottom 39%Global bottom 37%Growth bottom 25% All 4 signals ▾Fundingtop 41% Marketbottom 39% Globalbottom 37% Growthbottom 25% Funding: Raised $350M · 2 rounds over 12 yrs (0.2/yr) Market: 34 employees rank vs industry peers · Fliar Intelligence Index 14/100 | $350M | 138 mo ago | 34 | 1987 | — | — | — |
| 33 | Silverback Exploration Manager of oil and gas exploration subsidiaries | $350M | 156 mo ago | 13 | 2013 | Stephen Lipari CEO & President | — | — |
| 34 | Rock Oil Upstream oil and gas company 45Funding top 42%Talent bottom 45%Global bottom 36%News bottom 22% All 4 signals ▾Fundingtop 42% Talentbottom 45% Globalbottom 36% Newsbottom 22% Funding: Raised $334M across 2 rounds · 2 rounds over 15 yrs (0.1/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 45/100 | $334M | 147 mo ago | — | 2010 | Kyler Miller CEO | — | — |
| 35 | Lonestar Advocate for Chinese American civil rights and cultural preservation | $329M | 101 mo ago | 63 | 2004 | Frank D. Bracken CEO | — | — |
| 36 | Ring Energy Oil and natural gas exploration and production company | $327M | 99 mo ago | 98 98 → 86 (-12%) | 2004 | Lloyd Rochford Co-Founder & Chairman | BootstrapApache HTTP ServerjQuery+10 | 3 job openings · 1 award |
| 37 | Talos Energy Offshore exploration and production company 50Funding top 26%Market top 33%Moat top 38%Fin. health top 48% All 9 signals ▾Fundingtop 26% Markettop 33% Moattop 38% Fin. healthtop 48% Talentbottom 49% Newsbottom 45% Techbottom 34% Growthbottom 33% Globalbottom 32% Funding: Raised $323M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) Market: 436 employees (top 21% of Energy) · Revenue ~$1.8B rank vs industry peers · Fliar Intelligence Index 50/100 | $323M | 27 mo ago | 436 | 2012 | Timothy Duncan President & CEO | BugHerdApple iCloud MailQ4+11 | — |
| 38 | Trail Ridge Energy Partners Manufacturer of process and pollution control equipment for various industries | $315M | 157 mo ago | — | 2007 | Ronald Wade CEO | — | — |
| 39 | Fortis Minerals Mineral acquisition company focused on purchasing mineral interests and overriding royalties 7Funding top 47%Global bottom 33%Market bottom 21% All 3 signals ▾Fundingtop 47% Globalbottom 33% Marketbottom 21% Funding: Raised $300M across 1 rounds · 1 rounds over 10 yrs (0.1/yr) Global: Single-market focus (United States) rank vs industry peers · Fliar Intelligence Index 7/100 | $300M | 100 mo ago | 6 | 2016 | — | — | — |
| 40 | Cornerstone Manufacturer of customized filtration systems and elements | $300M | 103 mo ago | — | 2014 | H Lee Matthews President &CEO | — | — |
| 41 | TransAtlantic Petroleum Developer of oil and natural gas properties | $245M | 70 mo ago | 117 | 1985 | Malone Mitchell CEO | Windows ServerMicrosoft ASP.NETIIS+5 | — |
| 42 | ProPetro Holding Provider of oil & natural gas exploration & production services 69Product top 14%Innovation top 20%Funding top 22%Market top 36% All 11 signals ▾Producttop 14% Innovationtop 20% Fundingtop 22% Markettop 36% Newstop 39% Talenttop 43% Fin. healthtop 47% Moattop 48% Techbottom 47% Growthbottom 40% Globalbottom 32% Product: 7 distinct product lines · Company stage: Public Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 69/100 | $173M | 1 mo ago | 1,062 | 2005 | Jeff Smith Co-Founder & CFO | WordPressApple iCloud MailMySQL+15 | 8 job openings |
| 43 | EnVen Energy Oil & Gas exploration and production company 37Funding top 38%Market top 49%News bottom 32%Global bottom 32% All 4 signals ▾Fundingtop 38% Markettop 49% Newsbottom 32% Globalbottom 32% Funding: Raised $143M across 4 rounds · 4 rounds over 11 yrs (0.4/yr) Market: 139 employees (top 38% of Energy) rank vs industry peers · Fliar Intelligence Index 37/100 | $143M | 62 mo ago | 139 | 2000 | — | — | — |
| 44 | UpCurve Energy Provider of NDT and geotechnical engineering consulting services 37Innovation top 20%Product top 22%Funding top 43%Market bottom 32% All 6 signals ▾Innovationtop 20% Producttop 22% Fundingtop 43% Marketbottom 32% Techbottom 32% Globalbottom 29% Innovation: 5 product lines Product: 5 distinct product lines · Company stage: PE rank vs industry peers · Fliar Intelligence Index 37/100 | $100M | 53 mo ago | 19 | 2015 | — | — | — |
| 45 | HighPeak Energy Oil and gas exploration and production company | $85M | 45 mo ago | 47 | 2020 | Jack Hightower CEO | DrupalPHPZURB Foundation+22 | — |
| 46 | Ignis Energy Provider of exploration and production services for oil and gas sector 40Growth top 28%Talent bottom 49%Funding bottom 48%Tech bottom 42% All 7 signals ▾Growthtop 28% Talentbottom 49% Fundingbottom 48% Techbottom 42% Globalbottom 38% Moatbottom 38% Marketbottom 27% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 40/100 | $48M | 15 mo ago | — | 2021 | Richard Calleri Founder & CEO | WordPress Block EditorWordPressMySQL+21 | 1 partnership |
| 47 | Petro Victory Provider of oil & gas exploration and production services | $16M | 27 mo ago | 13 | 2006 | Richard Gonzalez | WordPressMySQLPHP+17 | — |
| 48 | Houston American Energy Oil and gas exploration and production company 7Partners top 30%News top 47%Funding top 50%Tech bottom 43% All 9 signals ▾Partnerstop 30% Newstop 47% Fundingtop 50% Techbottom 43% Growthbottom 37% Globalbottom 30% Moatbottom 19% Fin. healthbottom 18% Marketbottom 14% Partners: 4 contract events in 12 mo · Named contractor/client in 4 deals News: 4 BI events in 12 mo (of 24 tracked, 9 types) · +0% YoY rank vs industry peers · Fliar Intelligence Index 7/100 | $11M | 11 mo ago | 2 | 2001 | — | WordPressMySQLPHP+16 | — |
| 49 | Next Bridge Hydrocarbons Energy company engaged in the acquisition, exploration, exploitation, and development of oil and natural gas… 6News top 47%Funding bottom 48%Tech bottom 42%Growth bottom 38% All 8 signals ▾Newstop 47% Fundingbottom 48% Techbottom 42% Growthbottom 38% Globalbottom 30% Moatbottom 12% Fin. healthbottom 10% Marketbottom 6% News: 2 BI events in 12 mo (of 19 tracked, 5 types) · +100% YoY Funding: Raised $6.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 6/100 | $6M | 9 mo ago | 3 | 2022 | — | WebflowjQueryHSTS+8 | — |
| 50 | Chord Energy Provider of exploration, development, production, and acquisition services for oil & gas industries 62Market top 29%Fin. health top 34%Moat top 34%Tech top 46% All 9 signals ▾Markettop 29% Fin. healthtop 34% Moattop 34% Techtop 46% Fundingtop 49% Newstop 49% Talentbottom 49% Growthbottom 43% Globalbottom 32% Market: 340 employees (top 22% of Energy) · Revenue ~$4.9B Fin. health: Revenue ~$4.9B (FY2018) · Net margin 6.5% rank vs industry peers · Fliar Intelligence Index 62/100 | $2M | 15 mo ago | 340 340 → 825 (+143%) | 2007 | Taylor Reid President & COO | WordPress Block EditorWordPressMySQL+18 | 1 internship |
Top 12 Oil & Gas Upstream companies in Texas
#1
Acquired · Houston, Texas · founded 2004 · 63 employees$2Braised▾
Acquired · Houston, Texas · founded 2004 · 63 employees
Oil and gas exploration and production company
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Growth
top 14%Funding
top 23%News
top 23%Partners
top 39%Tech
top 49%Market
bottom 46%Growth: Web rank 50,000,000 → 5,000,000 YoY · 6 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Funding: Raised $2.0B across 4 rounds · 4 rounds over 13 yrs (0.3/yr) · Last round Post IPO (Mar 2026)
News: 20 BI events in 12 mo (of 44 tracked, 9 types) · +122% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding rounds
- Mar 2026Post IPO$14.1M
- Oct 2017Conventional Debt$850M
- Jan 2017Post IPO$400M
- 2014Post IPO—
Investors
BMO, Ares Management
Tech stack
CloudflareCloudflare Bot ManagementCore-JsFont AwesomeGenesis ThemeGodaddy
#2
Public · Midland, Texas · founded 2005 · 1062 employees$172.8Mraised▾
Public · Midland, Texas · founded 2005 · 1062 employees
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 — 8.7% 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
Investors
Stellus Capital Management, Energy Capital Partners, Wilks Brothers
Tech stack
Apache Http ServerApple Icloud MailCookieyesDiviDocusignGodaddy
#3
Public · Texas City, Texas · founded 2001 · 2 employees$11.2Mraised▾
Public · Texas City, Texas · founded 2001 · 2 employees
Oil and gas exploration and production company. This entity engages in the exploration, development, and production of oil and gas reserves. The company's operations involve identifying prospective areas, conducting geological surveys, drilling wells, and extracting hydrocarbons. Production activities include processing and transporting the extracted resources to market. The company's focus is on maximizing the value of its assets through efficient and responsible operations.
Fliar Intelligence Index™ 7how this company ranks against its industry peers
Partners
top 30%News
top 47%Funding
top 50%Tech
bottom 43%Growth
bottom 37%Global
bottom 30%Partners: 4 contract events in 12 mo · Named contractor/client in 4 deals
News: 4 BI events in 12 mo (of 24 tracked, 9 types) · +0% YoY · Top themes: Contracts
Funding: Raised $11.2M across 6 rounds · 6 rounds over 23 yrs (0.3/yr) · Last round Post IPO (Jul 2025)
Funding rounds
- Jul 2025Post IPO$5.4M
- Nov 2024Post IPO$2.5M
- Jun 2017Post IPO$600K
- May 2017Post IPO$910K
#4
Series A · Houston, Texas · founded 2021$48.4Mraised▾
Series A · Houston, Texas · founded 2021
Provider of exploration and production services for oil and gas sector
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 28%Talent
bottom 49%Funding
bottom 48%Tech
bottom 42%Global
bottom 38%Moat
bottom 38%Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $48.4M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Feb 2025)
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. GreenFire Energy Inc Energy, TLS Geothermics, and ignis H2 Energy Inc.) announced in 12 mo
Funding rounds
- Feb 2025Series A$13.6M
- Dec 2022PE$48.4M
Founders & team
Investors
Vortex Energy, Alfa8, Nabors, Twynam
Tech stack
AosAstraGoogle AnalyticsGoogle Font ApiImage PlaceholdersIsotope
#5
Funding Raised · El Paso, Texas · founded 2022 · 3 employees$6Mraised▾
Funding Raised · El Paso, Texas · founded 2022 · 3 employees
Next Bridge Hydrocarbons is an energy company focused on the acquisition, exploration, exploitation, and development of oil and natural gas properties. They recently completed a spin-off from Meta Minerals and have a management team with extensive experience in the industry.
Fliar Intelligence Index™ 6how this company ranks against its industry peers
News
top 47%Funding
bottom 48%Tech
bottom 42%Growth
bottom 38%Global
bottom 30%Moat
bottom 12%News: 2 BI events in 12 mo (of 19 tracked, 5 types) · +100% YoY · Top themes: Announcements
Funding: Raised $6.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (Aug 2025)
Tech: 12 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Hsts, Http/3
Funding rounds
- Aug 2025Conventional Debt$6M
Tech stack
CloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesGoogle WorkspaceHsts
#6
Public · Houston, Texas · founded 2012 · 436 employees$322.6Mraised▾
Public · Houston, Texas · founded 2012 · 436 employees
Offshore exploration and production company
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Funding
top 26%Market
top 33%Moat
top 38%Fin. health
top 48%Talent
bottom 49%News
bottom 45%Funding: Raised $323M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Post IPO (Mar 2024)
Market: 436 employees (top 21% of Energy) · Revenue ~$1.8B · ~2% of tracked Oil & Gas Upstream revenue (54 cos, FY2026)
Moat: Top 24% by revenue among 54 tracked Oil & Gas Upstream companies · Editorial + unicorn rating 3/10
Audience (LinkedIn): 43k LinkedIn followers — 15.6% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. City Guard Foundation) announced in 12 mo
Funding rounds
- Mar 2024Post IPO$322.6M
Founders & team
Investors
Apollo Global Management
Tech stack
Apple Icloud MailBugherdCloudflareFancyboxGoogle Font ApiJquery
#7
Series D · Dallas, Texas · founded 2009 · 95 employees$2.1Braised▾
Series D · Dallas, Texas · founded 2009 · 95 employees
Double Eagle Development is an oil and gas company which acquires, develops and produces oil and gas from both horizontal and vertical wells. Also oil and gas field leases and claims to have operated 10k lease actions consisting over 1mn acreage positions.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 26%Talent
top 38%Market
bottom 48%Global
bottom 32%Tech
bottom 21%Funding: Raised $2.1B across 7 rounds · 7 rounds over 12 yrs (0.6/yr) · Last round Conventional Debt (Dec 2020)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Market: 95 employees (top 44% of Energy)
Funding rounds
- Dec 2020Conventional Debt$650M
- Feb 2018PE$1B
- Apr 2017PE$380M
- Nov 2016Conventional Debt—
Founders & team
Investors
Apollo Global Management, Magnetar, Post Oak Energy, Triangle Peak Partners, Quantum Energy Partners
Tech stack
Windows ServerAzureIis
#8
Acquired · Fort Worth, Texas · founded 2019 · 32 employees$500Mraised▾
Acquired · Fort Worth, Texas · founded 2019 · 32 employees
Oil and gas production company
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 36%Growth
top 45%Talent
bottom 49%Tech
bottom 37%Global
bottom 36%Market
bottom 27%Funding: Raised $500M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Series D (Apr 2023)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Apr 2023Series D$500M
Founders & team
Investors
Quantum Capital, RedBird Capital Partners
Tech stack
BootstrapDrupalGodaddyGoogle AnalyticsHstsHttp/3
#9
Deadpooled · Dallas, Texas · founded 2012 · 6 employees$2.6Braised▾
Deadpooled · Dallas, Texas · founded 2012 · 6 employees
Offshore exploration and production company
Fliar Intelligence Index™ 11how this company ranks against its industry peers
Funding
top 33%Global
bottom 37%News
bottom 27%Market
bottom 22%Funding: Raised $2.6B across 2 rounds · 2 rounds over 14 yrs (0.1/yr) · Last round PE (Jul 2014)
Global: Investors from 2 countries beyond United States
News: 0 BI events in 12 mo (of 3 tracked, 3 types)
Funding rounds
- Jul 2014PE$1.5B
- Apr 2012PE$1.1B
Investors
The Jordan Company, Warburg Pincus, Kelso & Company, Temasek, GIC, BlackRock
#10
Acquired · Houston, Texas · founded 2005 · 168 employees$1.8Braised▾
Acquired · Houston, Texas · founded 2005 · 168 employees
Energy XXI is an oil and gas development and production company. Its core business includes the acquisition of key assets and performing development drilling. Energy XXI claims to have offshore properties at Gulf of Mexico and the Gulf Coast with a production output of over 42.9 thousand barrels of oil as of December 2016. It also owns subsidiaries that operate transmission piping.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 35%Market
top 46%News
bottom 32%Global
bottom 29%Funding: Raised $1.8B across 3 rounds · 3 rounds over 19 yrs (0.2/yr) · Last round Conventional Debt (May 2014)
Market: 168 employees (top 33% of Energy)
News: 0 BI events in 12 mo (of 29 tracked, 7 types)
Funding rounds
- May 2014Conventional Debt$650M
- Nov 2013Post IPO$400M
- May 2007Post IPO$700M
- Series A—
Investors
Argo Partners
#11
Public · Houston, Texas · founded 2007 · 340 employees$2Mraised▾
Public · Houston, Texas · founded 2007 · 340 employees
In 2022, the company recorded annual revenues of $3.89B and a net profit of $1.69B.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Market
top 29%Fin. health
top 34%Moat
top 34%Tech
top 46%Funding
top 49%News
top 49%Market: 340 employees (top 22% of Energy) · Revenue ~$4.9B · ~6% of tracked Oil & Gas Upstream revenue (54 cos, FY2026)
Fin. health: Revenue ~$4.9B (FY2018) · Net margin 6.5% · Revenue -7% YoY
Moat: Top 9% by revenue among 54 tracked Oil & Gas Upstream companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 43k LinkedIn followers — 15.8% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2025Conventional Debt$2M
- 2010Seed—
Founders & team
Investors
EnCap Investments, BB&T Capital Markets, Rock Mountain Capital
Tech stack
Anime.JsBootstrapCloudflareCloudflare Bot ManagementGlide.JsGodaddy
#12
Public · Dallas, Texas · founded 1997 · 153 employees$1.2Braised▾
Public · Dallas, Texas · founded 1997 · 153 employees
EXCO Resources is an oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 5.9% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Senior Division Order Analyst, Production Supervisor
Founders & team
Investors
The Ad Hoc Group, Ares Management, KKR, Stockwell Capital, Oaktree Capital Management, GCP Capital Partners
Funding & investor landscape
$36.3Btotal disclosed funding
172companies funded
325disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Jeff Smith
Co-Founder & CFO · ProPetro Holding
Dale Redman
Co-Founder & CEO · ProPetro Holding
Richard Calleri
Founder & CEO · Ignis Energy
Timothy Duncan
President & CEO · Talos Energy
John Sellers
Co-Founder & Co-CEO · Double Eagle Energy Holdings
Cody Campbell
Co-Founder & Co-CEO · Double Eagle Energy Holdings
Travis Thompson
Chief Executive Officer · FireBird Energy
Taylor Reid
President & COO · Chord Energy
Hal Hickey
Chief Executive Officer · EXCO Resources
Paul Horne
CEO · Legacy Reserves
Richard Gonzalez
· Petro Victory
Charles Fox
Founder & CEO · Windy Cove Energy
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 Texas, United States?
Radar tracks 601 indexable Oil & Gas Upstream companies headquartered in Texas, United States that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Upstream companies in Texas, United States?
The Oil & Gas Upstream companies in Texas, United States on this list have raised a combined $36.3B in disclosed equity funding across 172 funded companies.
Which is the highest-funded Oil & Gas Upstream company in Texas, United States?
Venari is the highest-funded Oil & Gas Upstream company in Texas, United States, with $2.6B in disclosed equity funding.
How many Oil & Gas Upstream companies in Texas, United States are funded?
172 of the 601 Oil & Gas Upstream companies in Texas, United States on this list have disclosed at least one equity funding round.
How many Oil & Gas Upstream unicorns are there in Texas, United States?
1 Oil & Gas Upstream company in Texas, United States on this list is valued at $1B or more.
Who are the top investors in Texas, United States Oil & Gas Upstream companies?
The most active investors in Texas, United States Oil & Gas Upstream companies on this list include EnCap Investments, NGP, Kayne Anderson Capital Advisors, Riverstone Holdings, Carnelian Energy 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.