Jamex

What Jamex does

JAMEX, Inc. is a privately held, independent upstream oil and gas exploration, production, and development company headquartered in Lewisville, Texas. Founded in 1989 by partners who began working together in 1978, the firm operates with a "growth through the drillbit" strategy, employing 11–50 people to acquire and develop hydrocarbon acreage using horizontal and vertical drilling technologies and secondary recovery techniques. Its footprint spans operated interests in East, West, and South/Gulf Coast Texas, Louisiana, and Arkansas, with non-operated interests in New Mexico and Oklahoma — a multi-basin portfolio designed to diversify geological and commodity exposure.

The company's technology stack is conventional upstream E&P: it identifies and develops new plays, extends existing plays, and exploits acquired fields through appropriate combinations of horizontal and vertical drilling plus secondary recovery. There is no proprietary software, AI/ML capability, or digital product surface — competitive differentiation rests entirely on subsurface judgment, operating execution, and the ability to deploy capital efficiently across working-interest partnerships. The technical leadership carries decades of experience at major operators and service companies (Halliburton, Conoco, Amerada Hess, Pioneer Natural Resources, Browning Oil), and the firm has selectively recruited senior engineers over time.

Commercially, JAMEX generates revenue through the sale of produced oil, natural gas, and related hydrocarbons via pipeline and midstream infrastructure to refiners, gas processors, and end users in its operating regions. It finances and shares drilling risk by selling working interests to partners, and distributes royalty payments on the 20th of each month (with a $100 minimum threshold) to a fragmented base of mineral-interest owners. Pricing is not publicly disclosed and operates through industry-standard offtake arrangements rather than productized pricing. Marketing and business development are relationship-driven, relying on direct outreach to working-interest partners and acreage owners rather than branded consumer marketing.

Name

Jamex

Legal name

JAMEX, Inc.

Website

https://jamexinc.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

JAMEX, Inc. is a privately held, independent oil and gas exploration, production, and development company headquartered in Lewisville, Texas, operating across multiple U.S. basins for working-interest partners and mineral-rights royalty owners.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration & Production

NAICS

Oil and Gas Extraction (2111)

akta.pro primary industry

Unconventional Resources Development (Shale/Tight, CBM) (EUALAAAH)

Keywords

• Oil and gas exploration
• Hydrocarbon production
• Working interest partnerships
• Royalty management services
• Upstream drilling operations

Headquarters

HQ city

Lewisville

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: JAMEX generates revenue through the exploration, production, and development of oil and gas properties. The company grows through the drillbit by discovering new plays, extending existing plays, and exploiting acquired fields. Revenue is derived from the sale of hydrocarbons produced from operated interests in Texas, Louisiana, and Arkansas, as well as non-operated interests in New Mexico and Oklahoma.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

JAMEX is a privately held independent oil and gas exploration, production, and development company that acquires working interests, discovers and extends hydrocarbon plays, and exploits acquired fields using horizontal and vertical drilling technologies combined with secondary recovery techniques. The company generates revenue from operated interests across East, West, and South/Gulf Coast Texas, Louisiana, and Arkansas, plus non-operated interests in New Mexico and Oklahoma, while managing working interest partnerships and distributing royalty payments to mineral interest owners.

Product overview

JAMEX is an oil and gas exploration and production company. It does not offer technology products or software services.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Exploration and Production Services

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Riley Exploration Permian: Small public Permian-focused operator with working-interest and royalty exposure in West Texas. Comparable to JAMEX as a subscale operator-led company sharing the same basin-level regulatory and service-cost dynamics.
• Ring Energy: Small public E&P producing primarily from the Permian Basin of West Texas and New Mexico. Directly comparable to JAMEX in operator scale, Texas/New Mexico geographic focus, and dependence on working-interest capital.
• Granite Ridge Resources: Small public E&P with operated and non-operated interests across Texas basins including the Permian. Comparable to JAMEX in size, multi-basin mix, and non-op working-interest co-investment model.
• HighPeak Energy: Small public independent E&P focused on the Permian Basin in West Texas. Highly comparable to JAMEX in subscale, operator-led model, multi-basin Texas footprint, and emphasis on horizontal drilling in the same state regulatory regime.
• Battalion Oil: Small public upstream operator with operated and non-operated interests in the Permian Basin of West Texas and New Mexico. Comparable to JAMEX as a subscale multi-basin operator with overlapping working-interest economics.
• Mach Natural Resources: Small public E&P focused on the Anadarko Basin in Oklahoma. Comparable to JAMEX's non-operated Oklahoma exposure and small-operator business model, providing a market-comparable for Oklahoma operating economics.

Broad incumbents

• Pioneer Natural Resources: Former Permian-focused independent E&P (acquired by ExxonMobil in 2024) with deep Texas and New Mexico footprint. Comparable to JAMEX as a basin peer in JAMEX's core geographies, but materially larger capital base and rig count.
• EOG Resources: Large publicly traded independent E&P with substantial operated positions in Texas, Louisiana, and New Mexico. Overlaps with JAMEX across every core geography and uses the same horizontal-drilling playbook, but at vastly greater scale and capital access.

Others

• Kimbell Royalty Partners: Royalty-focused partnership (combined with Sitio Royalties in 2024) with diversified interests across multiple U.S. basins including Texas. Comparable to JAMEX in being a counterpart in the working-interest/royalty value chain across overlapping Texas geographies.
• Black Stone Minerals: Largest publicly traded mineral-rights and royalty owner in the U.S., concentrated in Texas and the Gulf Coast. Comparable to JAMEX in being a Texas-anchored minerals/royalty counterparty with deep operator relationships, though the business model (non-operated minerals ownership) differs from JAMEX's operator role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Jamex