G2 Petroleum, LLC is a privately held oil and gas exploration company whose main focus is development drilling of conventional vertical wells primarily in shallow oil sands of North Texas. The company was founded in 2008 by Cotton Graham who built this company to fulfill his goal of providing unwavering transparency to G2 Petroleum’s family of oil and gas investors.
A large amount of exploration and production activity goes on outside of the state’s four shale basins. More than 376 companies filed for 1,466 drilling permits in these conventional oil fields, led by Frostwood Energy of Houston with 85 followed by Hilcorp Energy, also of Houston, with 79. Founded in April 2016, Frostwood has developed a mix of horizontal and vertical wells in Victoria County and surrounding areas. With 104 drilling permits, Wichita County was the top destination for conventional drillers. – By Sergio Chapa Updated 12:50 pm CST, Friday, December 28, 2018
Top 10 Non-Shale Basin Drillers
Frostwood Energy 85
Hilcorp Energy 79
Newport Operating 47
Scout Energy Management 47
North South Oil 27
4P Energy Texas 27
Unit Petroleum Co. 26
Sojourner Drilling Company 26
Tecolote Energy 24
Le Norman Operating 21
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