Texas Allied Petroleum is an independent oil and natural gas exploration and production company that has been in the business only in 2005. TAP has been a leader in providing consumers with natural gas in response to the growing consideration towards having a more renewable energy options. The company has been producing wells in Kansas, Wyoming, Oklahoma, Louisiana state waters, and Texas. They initially started with natural gas exploration but they shifted to oil production for most of 2009 when the natural gas peaked and began its long and steady decline. Nowadays, the company’s current objective is to focus on both natural gas and oil production as this would create a more consistent revenue stream for the company.
The Texas Allied Petroleum is regulated and supervised by a board of directors with extensive industry experience. The company is headed by Anthony Black, president and CEO, who has been involved in numerous oil and gas drilling projects in Texas and Louisiana Gulf Coast area. Headquartered in Austin, Texas, TAP is actively involved in oil and gas exploration and production, processing of fossil oil and natural gas, and the distribution of the extracted products. It is currently producing more than 500,000 cubic feet of natural gas per day and has recently contributed to the drilling and screening of the 2,200 ft well in Coffee County, Kansas. TAP is slowly consolidating its position as reliable oil and natural gas producer in America with its various projects.
Texas Allied Petroleum is also not only dedicated to increase oil production, but also to look for new ways and opportunities for oil and gas reserves explorations. TAP has done this by acquiring the 300-acre oil and natural gas lease in the Henry Crooks Survey in Lavaca County, Texas. They also have plans to produce and run up to 4 wells in the Yegua Sand. The company also took part in the completion of the 10,000 ft Neuman #1 well in Liberty County, Texas. Due to their success in shallow explorations, they also added acquisitions of assets with existing production at distressed prices at that for the company’s short and long term growth.
The ever-dynamic nature of Texas Allied Petroleum has made it a trusted partner for those who need to acquire its services concerning oil production. Recently, they also began to acquire working interest positions in large-scale drilling projects of Newfield Exploration and Exxon through the forced pooling processes in Oklahoma. They will have the benefit of learning from the leaders in the industry at a minimal cost to the company.
