CrownQuest Operating
CrownQuest Operating is a privately-held, Midland, Texas-based oil and natural gas exploration and production company founded in 1996, focused on drilling and mining activities in the Permian Basin with 101-250 employees.
- Company typePrivate
- Founded1996
- HeadquartersMidland, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
CrownQuest Operating firmographics
Firmographics- Name
- CrownQuest Operating
- Website
- https://crownquest.com
- Company type
- Private
- Founded year
- 1996
- Headcount range
- 101–250 employees
- Short description
- CrownQuest Operating is a privately-held, Midland, Texas-based oil and natural gas exploration and production company founded in 1996, focused on drilling and mining activities in the Permian Basin with 101-250 employees.
- Ownership category
- akta.pro rank
CrownQuest Operating industry classification
Industry- Product category
- Upstream Oil and Gas Exploration and Production
- NAICS
- Crude Petroleum Extraction (21112), Natural Gas Extraction (211130), Oil and Gas Extraction (211)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Drilling & Well Construction (E&P Operator-led) (EUALAAAD)
- akta.pro secondary industries
- Onshore Natural Gas E&P (Conventional Fields) (EUAAAAAG), Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA)
Keywords
Where CrownQuest Operating is headquartered
LocationHeadquarters
- HQ city
- Midland
- HQ country
- United States
- HQ region
- North America
Markets served
CrownQuest Operating business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
CrownQuest Operating product offering
Product offeringCore offering
CrownQuest Operating LLC is an oil and natural gas exploration and production company engaged in drilling and mining activities. The company focuses on upstream energy operations, producing crude oil and natural gas from subsurface reserves for sale into energy markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude oil exploration and production
- Natural gas exploration and production
- Drilling and mining operations
Companies that use CrownQuest Operating
Customer profileIdeal customer profiles1 record
CrownQuest Operating technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CrownQuest Operating competitors and assessment
Company assessmentBroad incumbents
- Pioneer Natural Resources: Pioneer Natural Resources was a publicly traded, Permian-focused independent E&P headquartered in Irving/Midland prior to its acquisition by ExxonMobil. Comparable to CrownQuest on core Permian Basin oil and gas activity, though at far greater scale as a former S&P 500 producer.
- Devon Energy: Devon Energy is a major independent oil and natural gas producer with material Delaware Basin operations in the Permian. Comparable to CrownQuest on Permian upstream activity and oil-weighted production, though at substantially greater scale.
- ConocoPhillips: ConocoPhillips operates a major Permian Basin business alongside its Lower 48 and international upstream portfolio. Comparable to CrownQuest as an upstream E&P active in the Permian, though far larger and globally diversified.
- Occidental Petroleum: Occidental Petroleum is a major independent E&P with significant Permian Basin assets (including historical Anadarko positions). Comparable to CrownQuest on Permian Basin oil and gas E&P activity, though at vastly greater scale and with a more diversified global portfolio.
- Diamondback Energy: Diamondback Energy is a large, publicly traded pure-play Permian Basin operator focused on oil and natural gas drilling and production, headquartered in Midland, TX. Directly comparable to CrownQuest on geography (Midland Basin) and core activity (Permian E&P), though at materially greater scale.
- EOG Resources: EOG Resources is a large independent E&P with a substantial Permian Basin position and broader US upstream footprint. Comparable to CrownQuest as a Permian-focused oil and gas producer, though at much larger scale and broader geographic scope.
Direct peers
- Ring Energy: Ring Energy is a small-cap, publicly traded Permian Basin-focused E&P operating primarily in the Central Basin Platform and Delaware Basin. Comparable to CrownQuest as a Permian E&P at a similar smaller-end-of-mid-cap scale with operator-led upstream activity.
- Centennial Resource Development: Centennial Resource Development was a Permian-focused independent E&P concentrated in the Delaware Basin portion of the Permian, headquartered in Denver. Highly comparable to CrownQuest as a pure-play Permian operator at similar mid-cap scale before its sale to Colgate Energy and consolidation into Civitas Resources.
- Parsley Energy: Parsley Energy was a publicly traded, Permian-focused independent E&P headquartered in Austin with operations concentrated in the Midland and Delaware basins before its acquisition by ExxonMobil in 2021. Comparable to CrownQuest on Permian focus, scale, and operator-led upstream model, making it a like-for-like private-market comparable (public-market reference point).
- Laredo Petroleum: Laredo Petroleum (now part of Vital Energy) was a publicly traded independent E&P focused on the Midland Basin portion of the Permian. Comparable to CrownQuest on Permian-focused upstream activity and operator profile at a similar historical scale (acquired by Vital Energy in 2022).
Market position
Customer concentration
CrownQuest Operating social profiles
Digital presenceCrownQuest Operating financial estimates
Financial estimateRevenue estimate
Valuation estimate
CrownQuest Operating leadership team
Management profileNumber of profiles
Profiles1 record
CrownQuest Operating funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CrownQuest Operating M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CrownQuest Operating
What does CrownQuest Operating do?
CrownQuest Operating LLC is an oil and natural gas exploration and production company engaged in drilling and mining activities. The company focuses on upstream energy operations, producing crude oil and natural gas from subsurface reserves for sale into energy markets.
When was CrownQuest Operating founded?
CrownQuest Operating was founded in 1996. It employs 101 to 250 people.
Where is CrownQuest Operating based?
CrownQuest Operating is headquartered in Midland, United States, in the North America region.
Who are CrownQuest Operating's main competitors?
Broad incumbents on record are Pioneer Natural Resources, Devon Energy, ConocoPhillips, Occidental Petroleum, Diamondback Energy and EOG Resources. Direct peers are Ring Energy, Centennial Resource Development, Parsley Energy and Laredo Petroleum.
Does CrownQuest Operating have an API?
No public API is recorded for CrownQuest Operating.
What industry is CrownQuest Operating in?
CrownQuest Operating's product category is Upstream Oil and Gas Exploration and Production. Its primary akta.pro industry code is EUALAAAD, Drilling & Well Construction (E&P Operator-led), with a secondary code of EUAAAAAG, Onshore Natural Gas E&P (Conventional Fields). Its NAICS code is 21112 and its SIC code is 1311.