What Flywheel Energy does

Flywheel Energy is a private, Oklahoma City-headquartered exploration and production company founded in 2017 by Justin Cope to acquire and operate large, producing onshore U.S. oil and gas assets. The company has grown to rank as the 5th largest private U.S. producer, reporting more than 400 MBoed of gross operated production, 14,000+ gross operated wells, and 1.6 million miles of owned pipeline across four states (Arkansas, Colorado, Oklahoma, Texas) and multiple premier basins including the Fayetteville, Rockies, Midcon, and Eagle Ford, with the Anadarko Basin being added via the pending $1.3 billion ConocoPhillips SCOOP/STACK acquisition announced in August 2025 (closing targeted for Q4 2025). The underlying technology stack is conventional upstream oil and gas operations augmented by what the company describes as "cutting-edge technologies" for operational efficiency and asset optimization, with prior digital/analytics experience in the COO's background at BP Lower 48. The business model is B2B commodity production: oil and gas sold into established U.S. energy markets through direct enterprise sales, with revenue mechanics driven by realized commodity prices, net working interest, and operating cost discipline rather than disclosed contractual pricing.

The company's commercial structure is anchored by long-term capital and strategic partners rather than public markets. In 2024, Flywheel was recapitalized via a partnership with Stone Ridge Asset Management, making Stone Ridge its parent and Stone Ridge Energy its operating partner, which aligns Flywheel's production base with demand growth from bitcoin mining, AI data centers, and LNG-dependent countries. Commodity trader Gunvor Group separately holds a 42% minority stake, reflecting trading-house endorsement of the U.S. onshore thesis. Customer-facing infrastructure includes dedicated owner-relations portals for mineral-rights holders in Arkansas, Colorado, Oklahoma, and Texas. The leadership team is concentrated in oil and gas veterans with prior roles at Continental Resources, BP, bpx energy, Chesapeake Energy, and SandRidge Energy, and a notable share of the executive bench is composed of U.S. Army Ranger School graduates and former 101st Airborne captains, including the President/CFO and the COO.

Name

Flywheel Energy

Legal name

Flywheel Energy, LLC

Website

https://flywheelenergy.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Flywheel Energy is a private, Oklahoma City-based exploration and production company that acquires and operates large producing onshore U.S. oil and gas assets across multiple basins, ranking as the 5th largest private U.S. producer and backed by Stone Ridge Asset Management.

Ownership category

akta.pro rank

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Oil and Gas Production: Revenue generated from exploration and production of oil and natural gas from onshore U.S. assets across multiple basins including Fayetteville, Rockies, Midcon, and Eagle Ford

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Flywheel Energy is a private exploration and production company that acquires and operates large, producing onshore U.S. oil and gas assets across multiple basins including Fayetteville, Rockies, Midcon, and Eagle Ford. The company manages greater than 400 MBoed of gross operated production from 14,000+ wells, with 1.6 million miles of owned pipeline infrastructure supporting operations in Arkansas, Colorado, Oklahoma, and Texas. The company also operates owner relations portals providing mineral rights owners with account access, royalty information, and support services.

Product overview

Flywheel Energy is a private exploration and production company offering a unified portfolio of oil and gas asset management. The company operates as a single brand across multiple producing basins (Fayetteville, Rockies, Midcon, and Eagle Ford), managing approximately >400 MBoed gross operated production and 1.6 million net acres. The company provides integrated owner relations portals for stakeholder management across Arkansas, Colorado, Oklahoma, and Texas properties.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 5th largest private US producer
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hilcorp Energy: Largest private US exploration and production company operating onshore fields in Texas, Louisiana, Alaska, and New Mexico. Closely comparable as a private, sponsor-backed E&P that acquires mature, producing assets from majors and applies disciplined, capital-efficient operations to maximize recovery.
• Mewbourne Oil Company: Privately held Texas-based E&P focused primarily on the Permian Basin and other US onshore plays. Highly comparable as a private, large-scale onshore US operator that prioritizes long reserve life and operational control over its asset base.
• Continental Resources: Major US shale operator historically focused on the Bakken and SCOOP/STACK plays in Oklahoma and North Dakota, controlled by founder Harold Hamm. Comparable as a large, operator-driven US onshore E&P with overlapping Anadarko Basin exposure and similar basin-by-basin operating philosophy.
• Endeavor Energy Resources: Was a leading private Permian Basin operator (acquired by ExxonMobil in 2024) known for acquiring and developing large, contiguous acreage positions. Comparable to Flywheel as a private, top-tier US onshore E&P pursuing scale through large producing-asset acquisitions from majors.
• Aethon Energy: Private Dallas-based E&P focused on the Haynesville Shale and Mid-Continent region with large-scale natural gas operations. Comparable as a privately held, multi-basin US operator backed by private equity, focused on long-life producing assets.

Broad incumbents

• Devon Energy: Large publicly traded US independent E&P with multi-basin operations across the Delaware, Anadarko, Eagle Ford, and Powder River basins. Comparable in scale, multi-basin diversification, and operational strategy to Flywheel's onshore US portfolio.
• EOG Resources: One of the largest publicly traded US independent E&Ps with operations across multiple premium shale plays. Comparable as a large-scale, multi-basin onshore US operator executing disciplined capital allocation across oil and gas assets.
• Diamondback Energy: Major publicly traded Permian-focused E&P that grew through large acquisitions including Energen and DoublePoint. Comparable in aggressive, large-deal-driven scaling strategy and pure-play onshore US operating model.
• Coterra Energy: Publicly traded multi-basin US E&P formed from the Cabot/Cimarex merger, with significant Marcellus, Permian, and Anadarko exposure. Comparable as a diversified, large-scale US onshore producer with overlapping basin footprint.
• Expand Energy: Largest US natural gas producer formed by the Chesapeake Energy and Southwestern Energy merger, with significant Haynesville and Marcellus exposure. Comparable as a large-scale US E&P operator pursuing scale through major consolidation transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/flywheel-energy-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flywheel Energy