Heritage Petroleum, LLC
Heritage Petroleum is a privately held oil and gas production company operating offshore and onshore facilities in Trinidad and Tobago, formed from Petrotrin's 2018 reorganization and serving energy-sector counterparties via direct offtake arrangements.
- Company typePrivate
- Founded2018
- HeadquartersEvansville, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Heritage Petroleum, LLC does
Heritage Petroleum, LLC (also referenced as Heritage Petroleum Company) is an oil and gas production company operating offshore and onshore facilities in Trinidad and Tobago. The company was formed in 2018 from the reorganization of state-owned Petrotrin (Petroleum Company of Trinidad and Tobago), inheriting its production assets and operations including a legacy SCADA (Supervisory Control and Data Acquisition) system used to monitor offshore facilities. The firm is privately held, employs between 101 and 250 people, and its website is heritageoil.com.
The company's technology backbone is its SCADA infrastructure, which in 2025 was upgraded using Skkynet's Cogent DataHub software rather than replaced outright. The upgrade added remote IoT-enabled sensor connectivity and MQTT protocol support across offshore production assets, with TOSL Automation and Technology Limited serving as the primary implementation partner and Incentro S.A. and Soati providing support services. Skkynet also delivered knowledge-transfer training to support ongoing maintenance. This upgrade-over-replace approach is positioned as a cost-efficient infrastructure modernization with expansion capability to onshore business units.
Heritage Petroleum operates as a B2B upstream producer, distributing output through direct offtake arrangements typical of the Trinidad and Tobago energy sector. The company's firmographic description also positions it as a provider of integrated fuel management, products, and services to businesses with petroleum needs, indicating some downstream or commercial fuel activity beyond pure upstream production. No pricing, revenue, or ownership structure is publicly disclosed.
Heritage Petroleum, LLC firmographics
Firmographics- Name
- Heritage Petroleum, LLC
- Legal name
- Heritage Petroleum Company
- Website
- https://heritageoil.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Heritage Petroleum is a privately held oil and gas production company operating offshore and onshore facilities in Trinidad and Tobago, formed from Petrotrin's 2018 reorganization and serving energy-sector counterparties via direct offtake arrangements.
- Ownership category
- akta.pro rank
Heritage Petroleum, LLC industry classification
Industry- Product category
- Upstream Oil and Gas Production
- NAICS
- Crude Petroleum Extraction (21112), Oil and Gas Extraction (211)
- SIC
- Crude Petroleum & Natural Gas (1311), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Oil & Gas Facilities Asset Management (Refining/Terminals/LNG) (EUAEAMAG)
- akta.pro secondary industry
- SCADA Data Historian, Reporting & Compliance Logging (EUAJAFAK)
Keywords
Where Heritage Petroleum, LLC is headquartered
LocationHeadquarters
- HQ city
- Evansville
- HQ country
- United States
- HQ region
- North America
Markets served
Heritage Petroleum, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
Heritage Petroleum, LLC product offering
Product offeringCore offering
Heritage Petroleum provides professional integrated fuel management, petroleum products, and related services to businesses with petroleum needs. The company operates offshore and onshore oil and gas production facilities in Trinidad and Tobago, with technology infrastructure centered on a SCADA system that monitors and controls production assets, recently upgraded with Skkynet's Cogent DataHub to enable remote IoT-enabled sensors and MQTT protocol connectivity.
Product overview
Heritage Petroleum Company operates as an oil and gas production company, formed from Petrotrin's 2018 reorganization. The company's technology infrastructure centers on its SCADA (Supervisory Control and Data Acquisition) system, which monitors and controls offshore production facilities. The SCADA system integration involves connecting remote IoT-enabled sensors and utilizing MQTT protocol connectivity, as evidenced by the implementation of Skkynet's Cogent DataHub software to modernize legacy infrastructure. Heritage Petroleum does not appear to offer distinct branded software products or services in the available source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated Fuel Management Services
Quantifiable outcome
- Significant cost savings achieved by upgrading existing infrastructure rather than full replacement
Companies that use Heritage Petroleum, LLC
Customer profileSegments1 record
Ideal customer profiles1 record
Heritage Petroleum, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Heritage Petroleum, LLC partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Skkynet (Cogent DataHub)coreHeritage Petroleum implemented Skkynet's Cogent DataHub software to upgrade its legacy SCADA system, enabling IoT sensor connectivity and MQTT protocol integration for offshore production facilities. Skkynet provided knowledge transfer training to support ongoing maintenance.
- TOSL Automation and Technology LimitedcoreTOSL Automation and Technology Limited executed the SCADA system upgrade project for Heritage Petroleum, serving as the primary implementation partner for integrating Skkynet's Cogent DataHub solution.
- Incentro S.A.minorCosta Rican firm Incentro S.A. provided support services during the SCADA system upgrade project.
- SoatiminorCosta Rican firm Soati provided support services during the SCADA system upgrade project.
Recent moves5 records
Expansion highlights3 records
Heritage Petroleum, LLC competitors and assessment
Company assessmentDirect peers
- Trinity Exploration & Production: Independent Trinidad and Tobago-focused upstream oil and gas producer operating onshore and offshore acreage. Closely comparable to Heritage as a small/mid-cap Caribbean E&P with comparable operating geography and asset type.
- Touchstone Exploration: Trinidad and Tobago upstream oil and gas operator focused on onshore and shallow offshore production. Direct comparable to Heritage given shared geography, similar scale, and parallel focus on revitalizing legacy production acreage.
- Range Resources: AIM-listed upstream operator with material operations in Trinidad producing from mature fields. Comparable to Heritage through Caribbean production focus and a similar mid-cap E&P operating profile.
Emerging players
- Predator Oil & Gas Holdings: Smaller E&P with onshore Trinidad exploration interests. Relevant comparable on geography and asset type, though at an earlier stage than Heritage's established production base.
Broad incumbents
- EOG Resources: Large US-listed independent E&P with global operations. Broader incumbent relevant for benchmarking capital efficiency, operational practices, and digitalization of upstream assets versus a regional operator like Heritage.
- Worley: Global energy infrastructure services and engineering firm supporting upstream operators. Comparable to Heritage's relationship with implementation partners like TOSL for SCADA and production facility upgrades across oil and gas assets.
- SLB (Schlumberger): Largest global oilfield services provider with offerings across digital production management and IoT/SCADA-style asset monitoring. Adjacent incumbent to Heritage given the company's recent investment in digitized production monitoring.
- TechnipFMC: Integrated technology and services provider for the energy industry, including subsea production and digital solutions. Relevant incumbent comparable given Heritage's offshore production asset base and modernization investment thesis.
Others
- AVEVA Group: Industrial software and SCADA/data historian platform provider (owner of OSIsoft PI). Comparable as the technology vendor category that competes with Skkynet's Cogent DataHub that Heritage deployed — useful for framing the digital infrastructure landscape Heritage operates in.
- Skkynet: Industrial IoT and connectivity software provider whose Cogent DataHub Heritage deployed. Direct technology partner and relevant comparable for understanding the SCADA/IoT middleware layer Heritage now sits on top of.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Heritage Petroleum, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heritage Petroleum, LLC leadership team
Management profileNumber of profiles
Heritage Petroleum, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heritage Petroleum, LLC 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 Heritage Petroleum, LLC
What does Heritage Petroleum, LLC do?
Heritage Petroleum provides professional integrated fuel management, petroleum products, and related services to businesses with petroleum needs. The company operates offshore and onshore oil and gas production facilities in Trinidad and Tobago, with technology infrastructure centered on a SCADA system that monitors and controls production assets, recently upgraded with Skkynet's Cogent DataHub to enable remote IoT-enabled sensors and MQTT protocol connectivity.
Is Heritage Petroleum, LLC a public or private company?
Heritage Petroleum, LLC is a private company. It is classified as state government owned and is currently operating.
When was Heritage Petroleum, LLC founded?
Heritage Petroleum, LLC was founded in 2018. It employs 101 to 250 people.
Where is Heritage Petroleum, LLC based?
Heritage Petroleum, LLC is headquartered in Evansville, United States, in the North America region.
Who are Heritage Petroleum, LLC's main competitors?
Direct peers on record are Trinity Exploration & Production, Touchstone Exploration and Range Resources. Predator Oil & Gas Holdings is listed as an emerging player. Broad incumbents are EOG Resources, Worley, SLB (Schlumberger) and TechnipFMC. Others are AVEVA Group and Skkynet.
Does Heritage Petroleum, LLC have an API?
No public API is recorded for Heritage Petroleum, LLC.
What industry is Heritage Petroleum, LLC in?
Heritage Petroleum, LLC's product category is Upstream Oil and Gas Production. Its primary akta.pro industry code is EUAEAMAG, Oil & Gas Facilities Asset Management (Refining/Terminals/LNG), with a secondary code of EUAJAFAK, SCADA Data Historian, Reporting & Compliance Logging. Its NAICS code is 21112 and its SIC code is 1311.