Since 2005, the Texas Allied Petroleum company has already been privately funding its own petroleum-extraction operations in US, which is known as the birthplace of the petroleum industry. From that time on, it aggressively developed its own production along the Gulf Coast and other mid-continent regions. Hence, it was able to successfully come up with its own diversified portfolio that is continuously filling with accomplishments until today.
There are several oil fields in the United States and as of today, 33 states are known to have natural gas and oil production operations within them. With this, U.S. is included in the world’s oldest petroleum region. The country also boasts a handful of giant oil fields, wherein some of them are dated to be a century old already. These large fields are the ones that are usually discovered first before numerous smaller fields are found.
The Texas Allied Petroleum is an independent oil and natural-gas exploration company but its operation also includes extracting these resources as well. It operates basically in two ways: the first one is by discovering new fields in subtle or obscure geologic targets and by utilizing the economic recovery of already drilled fields. The operation of the Texas Allied Petroleum covers both large and small fields.
Apart from its base in Texas, the company also has several sites and wells in Kansas, Wyoming, Oklahoma, Louisiana, and New Mexico where the company had extended its operations to.
Before, the company was only focused on natural-gas exploration and collection, but the prices of this natural product went on a steady decline in 2008. This event caused the company to shift to oil production. However, the time came when there are still demands for natural-gas productions. This had made the company’s management decide to take on a diversified approach. The company then started drilling and extracting both natural gas and oil, which created a constant revenue stream in return. Texas Allied Petroleum is also currently expressing its interest on the Main Pass 35 project which could increase its production and thus cater to more industries’ petroleum needs.