Burnett Oil Co

What Burnett Oil Co does

Burnett Oil Co., Inc. is a privately held, family-owned oil and gas exploration and production company headquartered in Fort Worth, Texas. Founded in 1980 by Anne Burnett Windfohr Marion and formed from predecessor firm Nash, Windfohr and Brown (continuous Northwest Shelf New Mexico operations since the late 1930s), the company traces its lineage to the Four Sixes Ranch established by Samuel 'Burk' Burnett in the 1800s. The company operates a multi-basin upstream portfolio spanning the Permian (Midland and Delaware sub-basins), Northwest Shelf in New Mexico, Eastern Shelf, Appalachian, East Texas, and Powder River basins, with in-house capabilities in land management, geology, engineering, accounting, and HSE & regulatory compliance. Revenue is generated through the sale of produced crude oil and natural gas at prevailing market prices to refineries, marketers, and midstream counterparties via direct offtake arrangements and joint venture partnerships, primarily to enterprise-level energy companies and select private landowners.

Name

Burnett Oil Co

Legal name

Burnett Oil Co., Inc.

Website

https://burnettoil.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Burnett Oil Co. is a privately held, family-owned oil and gas exploration and production company headquartered in Fort Worth, Texas, operating across multiple US basins including the Permian, Delaware, and Northwest Shelf. It sells produced crude and natural gas to enterprise-level energy counterparties through direct offtake partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Worth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Others

Revenue model

1. Oil and Gas Exploration and Production: Burnett Oil generates revenue through oil and gas exploration and production operations. The company develops hydrocarbon resources from properties it operates, particularly in the Northwest Shelf in New Mexico and the Permian Basin regions. Revenue is derived from the sale of produced oil and natural gas commodities at market prices.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Burnett Oil Co. is a privately held upstream oil and gas exploration and production company that develops hydrocarbon resources from properties it operates across multiple U.S. basins, including the Permian Basin, the Northwest Shelf in New Mexico, the Eastern Shelf, Appalachian, East Texas, and Powder River. The company delivers end-to-end upstream services encompassing exploration, drilling, production operations, land management, engineering, and Health, Safety, Environmental & Regulatory (HSE) compliance, with revenue derived from the sale of produced oil and natural gas commodities at market prices.

Product overview

Burnett Oil Co is an oil and gas exploration and production company. The company does not operate a software product platform — its offerings consist entirely of upstream energy services including oil and gas exploration, production operations, land management, and HSE & regulatory compliance services. No distinct branded software products, modules, or digital platforms were identified in the available source material.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Four Sixes RanchcoreStrategic or Co-development PartnerThe Four Sixes Ranch in King County, Texas is historically significant to Burnett Oil's origins. The first wells drilled on this historic ranch date back to the early partnership days, marking the foundation of Burnett's long-term partnership approach in the oil industry. The ranch represents the birthplace of Burnett's enduring relationship model.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Mewbourne Oil Company: Private, family-owned independent oil and gas producer headquartered in Tyler, Texas, focused on the Permian Basin. Comparable to Burnett as a long-tenured, family-controlled private operator in the Permian with multi-basin heritage.
• Henry Resources: Private Texas-based independent E&P with Permian Basin operations and long family heritage. Comparable to Burnett as a private Permian-focused operator with multi-generational roots.
• Eagle Oil & Gas: Private independent E&P with operations across multiple US basins including the Permian. Comparable to Burnett as a small private multi-basin producer.
• Percussion Petroleum: Private independent operator focused on the Permian Basin, particularly the Delaware sub-basin. Comparable to Burnett as a small private Permian operator.
• Citation Oil & Gas: Private independent oil and gas producer with operations across multiple US basins including mature fields. Comparable to Burnett as a private multi-basin E&P with diversified upstream exposure.
• CrownQuest Operating: Private Midland Basin operator focused on horizontal development in the Permian. Comparable as a small private independent E&P active in the same Permian sub-basins as Burnett.

Broad incumbents

• Diamondback Energy: Large Permian-focused independent E&P following the Endeavor Energy Resources acquisition. Comparable as a dominant Permian Basin operator competing for the same acreage, services, and offtake customers as Burnett.
• EOG Resources: Large independent E&P with significant Permian Basin footprint and multi-basin US operations. Comparable as a leading upstream operator active across the same basins as Burnett, including the Delaware sub-basin.
• ConocoPhillips: Major independent E&P and one of the largest Permian operators following the Concho Resources and Marathon Oil acquisitions. Comparable as it operates in the same Permian sub-basins as Burnett and absorbed several of Burnett's former executive team.
• Devon Energy: Major independent E&P with significant Delaware Basin and Anadarko Basin exposure. Comparable as a large incumbent active in the same Permian and Northwest Shelf-type plays as Burnett.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/burnett-oil-company-inc

Revenue estimate

Valuation estimate

Number of profiles

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 Burnett Oil Co