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OilMonster

JP Oil Holdings, LLC
P.O Box 52584 , Lafayette, Louisiana, United States

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Dec, 2019
About Company

JP Oil was founded in 1975 starting with the meager assets of three stripper wells acquired in a trade for used oil field pipe. Since then, JP Oil has evolved into a highly successful independent oil company, currently operating nearly two hundred active wells in approximately 30 significant oil and gas field properties across several states.  The company has grown through strategic acquisition of high-potential, mature oil and gas properties along with systematic maximization of their value through detailed reservoir analysis, operational improvements, focused redevelopment and proper application of enhanced recovery technologies. This growth has been accomplished while minimizing risk and overhead.  JP Oil has a unique ability to quickly recognize and test attractive opportunities and to solve oil field issues by acting decisively in implementing solutions. JP Oil acquires the knowledge necessary to develop the best strategies and solutions for resolving complex operational issues and exploiting new CAPEX opportunities. JP Oil has the operational expertise, experienced staff and in-house well-servicing capabilities to efficiently execute its own plans in a safe and environmentally responsible manner.  JP Oils typical acquisition targets include properties that do not fit the current operators strategy, strengths, skills or experience. In these situations, such properties may be purchased at a discounted price relative to the market. JP Oil has a long history of successfully revitalizing properties of this nature. As JP Oils operations have increased through continued acquisitions and organic growth, the company has consistently developed the skills and experience required for continually replicating success.

JP Oils primary focus and strength is in the process of revitalization of mature, sub-economic and shut-in oil and gas fields by recognizing and capitalizing on the untapped potential and proper applications of secondary and tertiary enhanced oil recovery (EOR) techniques. We have revitalized fields worldwide each with their own unique laws and conservation department regulations as well as in all types of geologic, reservoir and operating environments.  JP Oil has grown through strategic acquisition of high-potential, mature oil and gas properties along with systematic maximization of their value through detailed reservoir analysis, operational improvements, focused redevelopment and proper application of enhanced recovery technologies.

What We Do

  • SOLUTIONS - JP Oil has a unique ability to quickly recognize and test attractive opportunities and to solve oil field issues by acting decisively in implementing solutions. JP Oil acquires the knowledge necessary to develop the best strategies and solutions for resolving complex operational issues and exploiting new CAPEX opportunities. JP Oil has the operational expertise, experienced staff and in-house well-servicing capabilities to efficiently execute its own plans in a safe and environmentally responsible manner.

  • FABRICATION - JP Oil owns a large-scale repair and fabrication facility. Company mechanics conduct the business of everyday general equipment repairs and maintenance along with large scale repairs such as overhauls and complete refurbishment and reassembly of large rigs, engines, pumps and compressors. Few oil companies today have the skills and resources available for this capability.

  • REVITALIZATION - We strategically acquire high-potential, mature oil and gas properties and maximize their value through detailed reservoir analysis, operational improvements, focused redevelopment and proper application of enhanced recovery technologies

Company NameJP Oil Holdings, LLC
Business CategoryOil & Gas
AddressP.O Box 52584
Lafayette
Louisiana
United States
ZIP: 70505
PresidentChris M. Van Way
Year Established1975
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Oil Well Aquisition & Revitalization
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***President and CEOLocked content
***Treasurer and CFOLocked content
***Fabrication and Maintenance SuperintendentLocked content
***Reservoir EngineerLocked content
***Production Engineering ManagerLocked content
***Production EngineerLocked content
***Accounting SupervisorLocked content
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