Spur Energy Partners

What Spur Energy Partners does

Spur Energy Partners LLC is a privately held, Houston-based oil and gas exploration and production company formed in 2019, with operating geographies spanning Texas, New Mexico, and the broader Permian Basin through its wholly-owned subsidiary SEP PERMIAN, LLC. The company's core business is upstream oil and gas exploration, development, and production, supplemented by midstream and infrastructure capabilities overseen by a dedicated EVP. Revenue is generated through the sale of produced oil and gas commodities at market rates via standard pipeline infrastructure and commodity market channels; the company does not publicly disclose pricing or production volumes.

Spur is financially backed by two alternative asset managers: KKR, which formed a partnership with the company in May 2019 to pursue oil and gas opportunities, and EMG (Energy Management Group), whose affiliated private equity funds invest across upstream and midstream energy and hold approximately $15 billion in regulatory assets under management with approximately $11 billion in energy-sector commitments. The company is led by Co-Chief Executive Officers Jay Graham and Kyle Roane, with a broader executive team covering operations, EHS, exploitation, geology and geophysics, land, reserves, midstream, finance/business development, and legal.

On the non-commercial side, Spur operates an EnergyLink-branded online portal through which mineral and royalty interest owners access payment information, print royalty check details, retrieve 1099 tax forms, set up direct deposit, and submit ownership-change documentation on a 24/7 basis. The company pursues growth through a combination of sponsor-backed capital deployment and a dedicated Business Development contact channel soliciting acquisitions, joint ventures, and partnership opportunities; its go-to-market is fundamentally enterprise/B2B, with commodity off-takers as the de facto commercial customer base.

Name

Spur Energy Partners

Legal name

Spur Energy Partners LLC

Website

https://spurenergy.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Spur Energy Partners LLC is a privately held, Houston-based oil and gas exploration and production company formed in 2019, operating in the Permian Basin across Texas and New Mexico, financially backed by KKR and EMG, and serving commodity off-takers while managing royalty relations with interest owners.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration & Production

NAICS

Oil and Gas Extraction (2111), Crude Petroleum Extraction (21112)

SIC

Crude Petroleum & Natural Gas (1311), Drilling Oil & Gas Wells (1381), Oil Royalty Traders (6792)

akta.pro primary industry

Real Assets — Oil & Gas / Energy Royalties (Mineral Rights, Midstream Royalties) (FSAHAIAL)

Keywords

• Oil and gas exploration
• Upstream energy production
• Permian Basin operations
• Royalty management services
• Petroleum asset development

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure

Revenue model

1. Oil and Gas Production: Revenue generated from the exploration, development, and production of oil and gas assets. The company operates in the Permian Basin and associated regions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Spur Energy Partners is a privately held oil and gas company that explores for, develops, and produces hydrocarbons in the Permian Basin spanning Texas and New Mexico, with associated midstream and infrastructure operations. The company also administers royalty relations for interest owners by providing secure online access to royalty payment history, 1099 tax forms, and ownership change documentation through the EnergyLink portal.

Product overview

Spur Energy Partners is an oil and gas company that operates in the upstream sector of the energy industry. The company provides oil and gas exploration and production operations, manages royalty relations for interest owners through EnergyLink, and operates with a focus on corporate responsibility including health, safety, transportation, and environmental stewardship. The company is headquartered in Houston, Texas with operations supported by partners KKR and EMG (Emerald Global Management).

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Exploration, Development, and Production
• Royalty Relations and Payment Services
• Midstream and Infrastructure Services

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mewbourne Oil Company: Private, Amarillo-based independent E&P focused on the Permian Basin and other US onshore plays. Closely comparable to Spur as a privately held, PE-supported (Crestline Investors), Permian-anchored operator with similar upstream focus and midstream ties.
• Black Stone Minerals: One of the largest US mineral and royalty owners with significant Permian Basin exposure. Comparable to Spur's royalty-relations function — Black Stone serves as the upstream counterparty to operators active in the same Permian acreage as Spur.
• Sitio Royalties: Publicly traded pure-play mineral and royalty interests company concentrated in the Permian and other US basins. Comparable to Spur in that it monetizes non-operated interests and engages with operators on drilling programs in the same Permian sub-basins where Spur operates.
• Coterra Energy: Large independent E&P with material Permian Basin exposure following the 2021 Cabot and Cimarex mergers. Comparable to Spur as a Permian-focused upstream operator with an institutional shareholder base and an integrated approach to development.
• Centennial Resource Development: Permian-focused pure-play E&P now operating as part of Permian Resources following its 2022 combination with Colgate. Comparable in that it ran a focused, returns-driven development program in the Delaware Basin, the same sub-basin where Spur's SEP PERMIAN, LLC operates.
• Diamondback Energy: Pure-play Permian Basin E&P operator headquartered in Midland, Texas. Highly comparable to Spur in that it focuses on upstream development in the same Permian sub-basins (Delaware and Midland) and operates with a similar capital-efficient, returns-focused model.

Broad incumbents

• EOG Resources: Large-cap US independent with material Permian Basin operations. Comparable as a Permian-focused upstream operator, though EOG is far larger and more geographically diversified across multiple US basins and international assets.
• Devon Energy: Large independent E&P with significant Delaware Basin (Permian) acreage. Comparable to Spur on Permian exposure, capital-return philosophy, and large PE-style institutional shareholders, though Devon operates at substantially greater scale.
• BPX Energy: BP's US onshore business and one of the largest producers in the Permian Basin. Comparable to Spur as a Permian-focused E&P, though BPX is the operating arm of a major IOC and benefits from parent-company scale and capital access.

Emerging players

• Kimbell Royalty Partners: Publicly traded mineral and royalty interest company with Permian Basin exposure. Comparable to Spur's royalty and mineral rights management activity, though Kimbell is a non-operator royalty aggregator rather than an E&P.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

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 Spur Energy Partners