G2 Petroleum, LLC is a long-standing energy company based in the McKinney area of the Dallas-Fort Worth metropolitan area.
Founded in 2008, the company has built its reputation through continued work in some of the most productive oil and gas regions in the United States. Its journey began with 13,000-foot-deep Hackberry drilling on the Gulf Coast, where the team learned early lessons about patience, geology and the realities of field work.
From there, G2 Petroleum expanded to Wichita Falls and acquired interests in a group of shallow production wells. Through careful treatment and rework with their operator, they stabilized production and later sold the position to a listed oil company. These practical successes shaped the company’s long-term approach.
The team continued to explore new territory in the Appalachian Basin and drilled dozens of wells with industry partners. Although the results were challenging, these experiences strengthened her understanding of geological risks and shaped her disciplined investment strategy.
Over time, G2 Petroleum developed a broader portfolio. They secured royalties and mineral interests tied to thousands of acres of land in the Bakken, Eagle Ford and Barnett Shales. Their largest presence today is in Colorado’s DJ Basin, where they now hold licensing interests in areas that they expect to see continued 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. Your focus remains clear: long-term reserves, thoughtful planning and a consistent, well-founded strategy.
Interview with G2 Petroleum
They started 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. These wells showed us how little control you really have over geology. We remember saying, “You can’t force the soil to cooperate.” It was a grounding but also clarifying experience. It pushed us to be patient and learn from practice rather than trying to outsmart it.
After the Gulf Coast, you moved to Wichita Falls. Why this region?
We saw an opportunity in a group of shallow, 2,000-foot production wells. They weren’t flashy, but with the right attention they had potential. We worked closely with our operator, carried out numerous treatments and rework and stabilized production. It was honest work. In 2013, we finally sold our shares to a listed oil company. This sale felt like a turning point. It confirmed that the slow, methodical approach was valuable.
Later you drilled in the Appalachian Basin. What did this chapter teach you?
It taught us humility. We drilled and completed around twenty wells with partners, but the basin was difficult. The usual instruments – 3D seismic, satellite imaging – could not reliably identify hydrocarbons there. It was a reminder that effort doesn’t always equal results. Nevertheless, we never regretted it. These findings shaped the way we assess geological risks today.
How did you transition from drilling to acquiring larger royalties and minerals?
In 2011, we began acquiring acreage in large shale plays – Bakken, Eagle Ford and Barnett. Over time, we have built up investment positions covering several thousand hectares. We realized that royalties and mineral ownership allowed for long-term planning without the pressure of predicting short-term prices. A statement we often repeat is: “Royalties don’t require us to guess the future. They require us to remain disciplined.”
Your biggest presence can now be found in the DJ Basin. What makes this pool important to you?
The DJ Basin, particularly the Wattenberg field, combines geology, infrastructure and reliable operators. Today we have royalty interests in wells and expect these to continue to increase over the next decade. For us it means stability. We also hold non-operated working interest positions that give us access to drilling without bearing the full operating burden.
How would you describe your long-term strategy?
We call it a “hedge strategy.” It combines stable reserves from royalties and minerals with the advantage of non-operating working interests. It’s not about achieving quick success. It’s about creating a foundation that will last for decades. As we often say, “The best work is done off camera.”
What has kept your company stable during volatile times in the industry?
Time. We always thought broadly. When you have assets spread across multiple basins – Bakken, Eagle Ford, Barnett, DJ Basin – it becomes easier to weather the ups and downs. Diversification was key. This also applies to our willingness to learn from every pool, whether or not it rewards you in the way you hoped.
Many readers want to understand the industry better. What advice do you have for continuing your education?
We encourage people to learn the basics of decline rates, royalty structures and geological risks. Study general trends instead of chasing predictions. Ask good questions. Remain skeptical of anything that sounds guaranteed. And be patient. The energy world rewards people who think long-term.
What motivates G2 Petroleum after so many years?
Curiosity. Every pool, every project teaches something new. We still feel that sense of discovery. And we remain committed to long-term responsibility. As we say, “We didn’t want to be the biggest. We wanted to survive.”
What does the future hold for G2 Petroleum?
We expect continued 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 to acquire acreage where we can continue to drill, develop and rework with our optimized strategy and operational efficiencies.
Readers interested in learning more can explore the company at G2 Petroleum.
