TVL
TVL is a U.S. shale natural gas unit that was a wholly owned subsidiary of Tokyo Gas Co., Ltd. and was sold to Grayrock for $255 million in November 2025 as part of Tokyo Gas's strategic asset management program.
- Company typePrivate
- Founded1985
- HeadquartersNorth Vancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TVL does
TVL is a U.S. shale natural gas unit that was wholly owned by Tokyo Gas Co., Ltd., a Japanese strategic operating company, prior to November 2025. The asset held natural gas interests in North America (USA), serving as Tokyo Gas's U.S. upstream exposure. According to a November 17, 2025 announcement, Tokyo Gas agreed to sell TVL to Grayrock for $255 million as part of Tokyo Gas's strategic asset management initiative, transferring ownership of the natural gas assets segment to a financial buyer.
Following the transaction, TVL's operating geography and core business — U.S. natural gas production from shale acreage — remain unchanged, but the parent entity shifted from a Japanese strategic operator (Tokyo Gas) to Grayrock, a financial partner. No product-level, technology, pricing, or customer information for TVL was disclosed in the available sources. The firm's own web presence (tvl.com) returned only a verification/loading page and did not yield substantive content.
Note on data conflict: a separate firmographic record describes TVL as a Canadian software company specializing in asset tracking and management solutions, founded in 1985 with 11–50 employees in North Vancouver. That description is unsourced and is inconsistent with the transaction-level evidence (Tokyo Gas parentage, U.S. shale assets, $255M divestiture, North America/USA operating geography). The analysis above is grounded in the sourced, more specific transaction data; the conflicting software-company description is flagged but not relied upon for substantive claims.
TVL firmographics
Firmographics- Name
- TVL
- Website
- https://tvl.com
- Company type
- Private
- Founded year
- 1985
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- TVL is a U.S. shale natural gas unit that was a wholly owned subsidiary of Tokyo Gas Co., Ltd. and was sold to Grayrock for $255 million in November 2025 as part of Tokyo Gas's strategic asset management program.
- Ownership category
- akta.pro rank
TVL industry classification
Industry- Product category
- Upstream Oil & Gas
- NAICS
- Natural Gas Extraction (211130)
- SIC
- Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Gas Mains (Distribution Pipelines) (EUAJABAA)
Keywords
Where TVL is headquartered
LocationHeadquarters
- HQ city
- North Vancouver
- HQ country
- Canada
- HQ region
- North America
Markets served
TVL business model
Business model- GTM type
- B2B
- Offering type
- Services
TVL product offering
Product offeringCore offering
TVL is a U.S. shale unit holding natural gas assets in North America, formerly operated as a wholly-owned subsidiary of Tokyo Gas Co., Ltd. On 2025-11-17, Tokyo Gas agreed to sell TVL to Grayrock for $255 million as part of strategic asset management, transferring ownership of the U.S. natural gas assets segment.
Product overview
TVL is a U.S. shale unit. The source data does not provide information about the company's specific product or service offerings, as the primary website is inaccessible due to a verification/loading page.
Differentiator
Problem solved
Functional benefit
TVL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TVL partnerships and signals
Strategic signalScale indicators1 record
Recent moves2 records
Expansion highlights1 record
TVL competitors and assessment
Company assessmentMarket position
Competitive moat1 record
Key risks5 records
Key highlights4 records
Customer concentration
TVL social profiles
Digital presenceTVL financial estimates
Financial estimateRevenue estimate
Valuation estimate
TVL leadership team
Management profileNumber of profiles
TVL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TVL 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 TVL
What does TVL do?
TVL is a U.S. shale unit holding natural gas assets in North America, formerly operated as a wholly-owned subsidiary of Tokyo Gas Co., Ltd. On 2025-11-17, Tokyo Gas agreed to sell TVL to Grayrock for $255 million as part of strategic asset management, transferring ownership of the U.S. natural gas assets segment.
Is TVL a public or private company?
TVL is a private company. It is classified as corporate owned and is currently acquired.
When was TVL founded?
TVL was founded in 1985. It employs 11 to 50 people.
Where is TVL based?
TVL is headquartered in North Vancouver, Canada, in the North America region.
Does TVL have an API?
No public API is recorded for TVL.
What industry is TVL in?
TVL's product category is Upstream Oil & Gas. Its primary akta.pro industry code is EUAJABAA, Gas Mains (Distribution Pipelines). Its NAICS code is 211130 and its SIC code is 4923.