What Jay-Bee does

Jay-Bee Oil & Gas, Inc. is a privately held, family-owned oil and gas exploration and production company that has operated exclusively in West Virginia since its founding in 1982. The company runs a vertically integrated service stack covering the full well lifecycle: mineral rights acquisition and title verification, site preparation, horizontal drilling in the Marcellus and Utica formations of the Appalachian Basin, pipeline construction, production operations, ongoing well maintenance and work-over, saltwater disposal, and site reclamation. It also operates an internal equipment fleet (water trucks, winch tractors, construction equipment) that services both its own wells and third-party operators across West Virginia, Ohio, and Pennsylvania.

The company is headquartered at a Jupiter, Florida mailing address (23 Eganfuskee St, Suite 126) but conducts 100% of its field operations in four West Virginia counties: Tyler, Doddridge, Pleasants, and Ritchie. It employs 51-100 people, maintains a wholly-owned production subsidiary (Jay-Bee Production Co.), and has operated more than 500 wells cumulatively across its nearly 40-year history. Technical differentiation centers on horizontal drilling expertise in unconventional tight sands and fractured shales, plus specialized land-team capabilities in heirship research and right-of-way agreements.

Revenue is generated primarily through oil and gas production royalties (usage-based, paid monthly to landowners on the 25th), with secondary streams from mineral interest leasing/purchasing transactions and pipeline infrastructure investment. The primary customer segment is fragmented West Virginia mineral rights owners, acquired through direct sales outreach, the company's leasing department, and community-driven word-of-mouth. The company also operates a secondary B2B channel providing water hauling and equipment services to other Appalachian Basin operators.

Name

Jay-Bee

Legal name

Jay-Bee Oil & Gas, Inc.

Website

https://jaybeeoil.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

51–100 employees

Short description

Jay-Bee is a family-owned West Virginia oil and gas exploration and production company that has drilled and operated 500-plus wells in the Appalachian Basin since 1982, serving mineral rights owners across Tyler, Doddridge, Pleasants, and Ritchie Counties.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration and Production

NAICS

Natural Gas Extraction (21113), Natural Gas Extraction (211130), Oil and Gas Extraction (2111)

SIC

Drilling Oil & Gas Wells (1381), Crude Petroleum & Natural Gas (1311), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Unconventional Gas E&P (Shale/Tight Gas) (EUAAAAAC)

akta.pro secondary industries

Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA), Mineral Rights, Leasing & Land Management (EUALAAAB)

Keywords

• Oil and gas exploration
• Mineral rights leasing
• Well drilling services
• Saltwater disposal operations
• Site reclamation services

Headquarters

HQ city

Jupiter

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Oil and Gas Production Royalties: Revenue generated from the production and sale of oil and gas resources extracted from operated wells. Royalties are paid to mineral rights owners based on production volumes and commodity prices. The company acts as operator, managing all aspects of well production and getting product to market through pipeline connections.
2. Mineral Interest Leasing: Revenue opportunity through leasing mineral interests to landowners. The company leases or purchases mineral interests from landowners, then conducts drilling operations. Lease bonus payments may be paid upfront to mineral owners.
3. Pipeline Development and Transportation: The company invests in pipeline infrastructure to connect wells to market. This enables quicker royalty payments to owners when sales outlets are available upon well completion.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Jay-Bee Oil & Gas, Inc. is an independent oil and gas exploration and production company that leases mineral rights from landowners and drills, operates, and reclaims oil and gas wells, primarily in West Virginia. The company specializes in horizontal drilling of the Marcellus and Utica shale formations and provides supporting services including saltwater disposal, equipment and fleet operations, well maintenance, and royalty/owner relations management.

Product overview

Jay-Bee is a family-owned, full-service oil and gas company operating exclusively in West Virginia since 1982. The company provides vertically integrated drilling and production services organized around the complete well lifecycle: from mineral rights acquisition and title verification, through drilling (including horizontal drilling in Marcellus and Utica formations), pipeline construction, and production management, to site reclamation and ongoing well maintenance. Supporting services include saltwater disposal operations, equipment fleet management with Samsara fleet tracking, and owner relations with monthly royalty payments and EnergyLink online access. The company does not offer a distinct software product but rather a bundled suite of oilfield services delivered to mineral rights owners and operated across Tyler, Doddridge, Pleasants, and Ritchie Counties in West Virginia.

Differentiator

Problem solved

Functional benefit

Products and services

• Mineral Rights Services

Quantifiable outcome

• 500+ wells operated over nearly 40-year history
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• WVU at Parkersburg FoundationcoreOthers · 1 January 2022Jay-Bee Oil & Gas committed $200,000 donation over a four-year period to support The Riverhawk Farm and grow Agriculture throughout the Middle Ohio Valley (MOV) region. This represents the company's major community investment initiative.
• Mountwood ParkminorOthersJay-Bee donated two new artifacts from the endless cable pumping system in the old Volcano oil fields for display at Mountwood Park, preserving regional oil era history.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Antero Resources: Pure-play Appalachian natural gas and NGL producer focused on the Marcellus and Utica shales in West Virginia, with integrated midstream operations directly comparable to Jay-Bee's full-service model.
• EQT Corporation: Largest natural gas producer in the United States and the dominant operator in the Appalachian Basin, producing from the same Marcellus and Utica formations in West Virginia and Pennsylvania where Jay-Bee operates.
• Range Resources: Independent natural gas and NGL producer focused on the Appalachian Basin with core operations in the Marcellus Shale in Pennsylvania, directly comparable as a regional unconventional E&P peer.
• Expand Energy: Largest U.S. natural gas producer formed from the merger of Chesapeake Energy and Southwestern Energy, with major Appalachian operations in the Marcellus and Haynesville plays overlapping Jay-Bee's core geography.
• CNX Resources: Appalachian-focused natural gas producer operating primarily in Pennsylvania and West Virginia, targeting the Marcellus and Utica formations with an emphasis on operational efficiency and community relations similar to Jay-Bee.
• HG Energy: Private Appalachian natural gas producer with operations in the Marcellus Shale across West Virginia and Pennsylvania, comparable to Jay-Bee as a privately-held, regional upstream operator with integrated capabilities.
• Diversified Energy Company: Smaller-scale publicly-traded natural gas producer focused on acquiring and operating mature, low-decline wells across Appalachia and other U.S. basins, comparable to Jay-Bee's long-life, multi-formation operating philosophy.
• Tug Hill Operating: Privately-held Appalachian Basin-focused upstream operator with conventional and unconventional operations across West Virginia, Pennsylvania, and Ohio — closely comparable to Jay-Bee as a private, regionally-focused E&P.
• Coterra Energy: Diversified independent E&P with significant Appalachian natural gas exposure (formerly Cabot Oil & Gas) producing from the Marcellus in Pennsylvania, comparable to Jay-Bee as a regional gas producer.

Broad incumbents

• Halliburton: Major oilfield services provider offering drilling, completion, and production services to operators across the Appalachian Basin including Jay-Bee, relevant as a service counterpart and broad incumbent in the same upstream ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jaybeeoil

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Jay-Bee