What Lapetco, Inc does

LAPETCO, Inc. (DBA: LAPETCO Oil & Gas) is a privately held oil and gas investment management firm founded in 1983 and headquartered in Addison, Texas. The company operates as a managing partner in joint venture oil and gas projects, connecting accredited investors with energy projects across four U.S. states: Wyoming, Colorado, New Mexico, and Texas. LAPETCO earns revenue through transaction fees tied to its role as managing partner of these joint venture projects, with investors receiving monthly distributions from production income; specific fee structures and investment minimums are not publicly disclosed and are set through personalized consultation.

The company's core offering is its Oil & Gas Investment Platform, supplemented by an Investor Kit service that delivers joint venture offering details and personalized investment strategies. LAPETCO partners with top-tier U.S. oil companies who handle drilling, completion, and day-to-day well operations, while LAPETCO manages the investor-facing relationships. The investment model emphasizes substantial year-one tax incentives through Intangible Drilling Costs (IDCs) and depletion allowances, direct participation in well revenue, and monthly income distributions. No proprietary technology platform is disclosed in source materials.

LAPETCO's go-to-market is a high-touch, relationship-driven direct sales motion targeting high-net-worth accredited investors meeting SEC thresholds (individual income of $200K+ or joint income of $300K+ each of the past two years, and/or net worth over $1M). The structured four-step process moves from investor kit request, to opportunity review, to team meeting, to investment commitment, with ongoing engagement via real-time monitoring tools. The firm operates with 18 employees and is privately owned by Charles Reed Cagle, with no institutional investors, venture or private equity backing, subsidiary entities, or recent mergers or acquisitions identified in source materials.

Name

Lapetco, Inc

Legal name

LAPETCO INC

Website

https://lapetcoinc.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

LAPETCO, Inc. is a privately held Addison, Texas-based oil and gas investment management firm founded in 1983 that structures and manages joint venture energy projects in Wyoming, Colorado, New Mexico, and Texas on behalf of accredited high-net-worth individual investors.

Ownership category

akta.pro rank

Product category

Oil and Gas Investment Management

NAICS

Support Activities for Oil and Gas Operations (213112)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Drilling & Well Construction (E&P Operator-led) (EUALAAAD)

akta.pro secondary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

Keywords

• Oil gas investments
• Joint venture partnerships
• Accredited investor services
• Energy investment management
• Tax advantaged investments

Headquarters

HQ city

Addison

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Joint Venture Investment Management: LAPETCO facilitates investment in oil and gas joint ventures, where investors gain direct participation in revenue generated by successful wells. The company earns revenue through its role as the managing partner/operator of joint venture oil and gas projects, with investors receiving monthly distributions from production income.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

LAPETCO manages and operates oil and gas joint-venture investment opportunities for SEC-accredited investors, structured to provide direct participation in revenue from producing wells and wells in development across Wyoming, Colorado, New Mexico, and Texas. Investments are sourced and sponsored by LAPETCO with drilling, completion, and day-to-day operations executed by partner top-tier U.S. oil companies. Investors benefit from year-one tax deductions via Intangible Drilling Costs (IDCs) and depletion allowances and receive monthly income distributions over the productive life of each well.

Product overview

LAPETCO Oil & Gas is a financial investment company offering a platform for accredited investors to participate in oil and gas joint ventures. The core offering consists of the LAPETCO Oil & Gas Investment Platform, which provides access to producing wells and wells in development across Wyoming, Colorado, New Mexico, and Texas. The company supplements this with an Investor Kit service that delivers detailed market analysis and personalized investment strategies. The investment model emphasizes substantial tax incentives through Intangible Drilling Costs (IDCs) and depletion allowances, direct revenue participation from successful wells, and monthly income distributions throughout the well lifecycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Joint Venture Investment Opportunities Sponsored oil and gas joint-venture participation units that give accredited investors direct revenue participation from producing wells and wells in development, with monthly income distributions, IDCs and depletion-allowance tax deductions, and operations handled by top-tier U.S. oil company partners.
• Investor Kit (Partnership Investment Kit) A structured onboarding package for prospective accredited investors covering eligibility verification (SEC accredited status), market analysis of the oil and gas industry, and personalized investment strategy review of current joint-venture offerings. Delivered after a consultation appointment with a LAPETCO representative.

Quantifiable outcome

• ~85% of investment amount can be deducted from active or passive income in year of investment
• +2 more outcomes

Named customers2 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

Partnerships

One partnership is on record.

• Top-tier U.S. Oil CompaniescoreStrategic or Co-development PartnerLAPETCO partners with leading U.S. oil companies to operate their joint venture projects. These operators handle the drilling, completion, and day-to-day operations of wells, providing operational expertise and infrastructure. Investors benefit from having their projects managed by established energy companies with proven track records.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• Bonanza Creek Energy: U.S. upstream operator focused on oil-weighted production in the DJ and Permian basins; comparable as a smaller, basin-focused oil and gas investment vehicle competing for similar risk-tolerant capital.
• Earthstone Energy: Small-to-mid cap U.S. E&P operator focused on the Permian and other basins; tangentially comparable as a vehicle for oil and gas exposure with a tighter, basin-concentrated asset footprint.

Broad incumbents

• Dorchester Minerals, L.P. Publicly traded partnership owning producing and non-producing mineral, royalty, and overriding royalty interests across U.S. basins; a larger, more liquid alternative for HNWIs evaluating oil and gas exposure.
• Mesa Royalty Trust: Royalty trust holding overriding royalty interests in oil and gas properties; competes for income-oriented, tax-sensitive investors but with a passive trust structure rather than an active JV sponsorship model.
• Kimbell Royalty Partners: Publicly traded partnership that owns mineral and royalty interests across U.S. basins; competes for the same pool of income-seeking, tax-aware investors but operates at materially larger scale and offers liquidity absent in LAPETCO's JVs.
• Black Stone Minerals: One of the largest U.S. mineral and royalty owners; addresses the same investor demand for hydrocarbon-linked cash flow but at institutional scale with a public-trading liquidity premium.
• NGP Energy Capital Partners: Long-standing energy-focused private equity firm; competes for institutional and family-office capital flowing into U.S. oil and gas but at much larger fund scale and with a more diversified portfolio construction approach.

Others

• Schlumberger (SLB): World's largest oilfield services provider; relevant as the upstream technology and execution layer that enables JV-style oil and gas investments like LAPETCO's, though it does not compete for HNWI capital.
• Halliburton Company: Global oilfield services major whose drilling, completion, and well-construction capabilities underpin the type of JV projects LAPETCO invests in; adjacent ecosystem participant rather than a competitor for investor capital.

Direct peers

• Aresco, LP: Texas-based oil and gas investment partnership that sponsors joint venture projects for accredited investors using a similar direct-participation model; comparable to LAPETCO in customer type, asset class, and operating structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/lapetco-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Lapetco, Inc