G2 Petroleum, LLC is a long-standing energy company based in the McKinney area of the Dallas–Fort Worth metroplex.
Founded in 2008, the firm has built its reputation through steady work across some of the most productive oil and gas regions in the United States. Its journey began with deep 13,000-foot Hackberry wells on the Gulf Coast, where the team learned early lessons about patience, geology, and the realities of fieldwork.
From there, G2 Petroleum expanded into Wichita Falls, acquiring interests in a group of shallow producing wells. Through careful treatments and reworks with their operator, they stabilised output and later sold the position to a publicly traded oil company. These practical wins shaped the company’s long-term approach.
The team continued to explore new ground in the Appalachian Basin, drilling dozens of wells with industry partners. Although the results were challenging, these experiences strengthened their understanding of geological risk and shaped their disciplined investment strategy.
Over time, G2 Petroleum moved towards a broader portfolio. They secured royalty and mineral interests tied to thousands of acres across the Bakken, Eagle Ford and Barnett Shale. Their largest footprint today is in the DJ Basin of Colorado, where they now hold royalty interest in areas that they expect to see continuous development and growth in the coming years.
Known for its steady, measured approach, G2 Petroleum has become a respected presence in the oil and gas sector. Their focus remains clear: long-term reserves, thoughtful planning and a consistent, grounded strategy.
Interview with G2 Petroleum
You began in 2008. What were those early days like for your team?
We started in the McKinney area of the Dallas–Fort Worth metroplex. Our first project was in three deep Hackberry wells on the Gulf Coast. Those wells taught us how little control you really have over geology. We remember saying, “You can’t force the ground to cooperate.” It was a grounding experience, but also a clarifying one. It pushed us to stay patient and to learn from the field rather than try to outsmart it.
After the Gulf Coast, you moved to Wichita Falls. Why that region?
We saw an opportunity in a group of shallow 2,000-foot producing wells. They weren’t flashy, but they had potential with the right attention. We worked closely with our operator, carried out a number of treatments and reworks, and stabilised the production. It was honest work. Eventually, in 2013, we sold our interest to a publicly traded oil company. That sale felt like a turning point. It confirmed that the slow, methodical approach had value.
You later drilled in the Appalachian Basin. What did that chapter teach you?
It taught us humility. We drilled and completed around twenty wells with partners, but the basin was difficult. The usual tools—3-D seismic, satellite imaging—didn’t reliably identify hydrocarbons there. It was a reminder that effort doesn’t always equal results. Still, we never regretted it. Those lessons shaped how we assess geological risk today.
How did you move from drilling into larger-scale royalty and mineral acquisitions?
In 2011, we started acquiring acreage in major shale plays—the Bakken, Eagle Ford and Barnett. Over time, we built interest positions tied to several thousand acres. We realised royalty and mineral ownership allowed for long-term planning without the pressure of predicting short-term prices. One line we often repeat is, “Royalties don’t require us to guess the future. They require us to stay disciplined.”
Your largest presence now is in the DJ Basin. What makes that basin important to you?
The DJ Basin, especially the Wattenberg Field, aligns geology, infrastructure and reliable operators. Today, we have royalty interest in wells, with expectations to increase more over the next decade. For us, it represents stability. We also hold non-operated working interest positions, which give us exposure to drilling without taking the full operational burden.
How would you describe your long-term strategy?
We call it a “hedge strategy.” It blends steady reserves from royalties and minerals with the upside of non-operated working interest. It isn’t about chasing quick wins. It’s about building a foundation that lasts decades. As we often say, “The best work happens off-camera.”
What has kept your company steady during volatile times in the industry?
Time. We’ve always thought in long arcs. When you have assets spread across basins—Bakken, Eagle Ford, Barnett, DJ Basin—it becomes easier to ride out the ups and downs. Diversification has been key. So has our willingness to learn from every basin, whether or not it rewards you in the way you hope.
Many readers want to understand the industry better. What advice do you have for educating themselves?
We encourage people to learn the basics of decline rates, royalty structures and geological risk. Study general trends rather than chasing predictions. Ask good questions. Stay sceptical of anything that sounds guaranteed. And be patient. The energy world rewards people who take the long view.
What keeps G2 Petroleum motivated after so many years?
Curiosity. Every basin, every project, teaches something new. We still feel that sense of discovery. And we remain committed to long-term stewardship. As we say, “We didn’t set out to be the biggest. We set out to last.”
What does the future look like for G2 Petroleum?
We expect steady growth in the Permian basin area of Wichita County, TEXAS. Working with our sister company Newport Operating, LLC – as our dedicated operator, we plan to continue acquiring acreage that we are able to continue drilling, developing and reworking with our streamlined strategy and operational efficiency.
For readers wanting to learn more, you can explore the company at G2 Petroleum.
Read more:
G2 Petroleum: Inside the Steady Rise of a Texas Energy Leader
