Standard Oil Company

What Standard Oil Company does

Standard Oil Company USA Inc is a privately held, Dallas-headquartered energy company that offers advanced oil and gas drilling services alongside renewable energy and low-carbon technology investments. The company operates across North America, Asia, Europe, and the Caribbean via regional presidents and engages strategic partners and investors directly in oil and gas projects, with value propositions framed around cash flow improvements and tax advantages tied to project participation.

Its commercial model is project-based rather than product-licensed: revenue derives from direct involvement in oil and gas exploration and drilling ventures, structured as project equity, production shares, and strategic partnerships. Pricing is negotiated per project and is not publicly disclosed. The go-to-market motion is enterprise field sales targeting qualified partners and investors rather than consumer or SMB channels. Marketing is supported by a corporate website with a newsroom, Facebook and Twitter profiles (including a "Renewables and Environmental News" page), and a quarterly email newsletter.

Operational scope is claimed globally but the evidence base is thin: a single exploratory drilling project (Florida's Oil Prospect in southwest Florida) is publicly visible, no production volumes, customer logos, funding events, or M&A activity are disclosed, and the team is approximately 60 employees. Management includes a CEO/Chairman, COO, regional presidents for Asia/UK/Caribbean, and a Product Manager and HR Officer, suggesting a lean operating structure oriented around project execution and partner relations rather than scaled production.

Name

Standard Oil Company

Legal name

Standard Oil Company USA Inc

Website

https://standardoilusa.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Standard Oil Company USA Inc is a Dallas-based privately held energy company offering advanced oil and gas drilling services and renewable energy investments to strategic partners and investors, with claimed operations across North America, Asia, Europe, and the Caribbean.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration

NAICS

Drilling Oil and Gas Wells (213111), Oil and Gas Extraction (2111), Crude Petroleum Extraction (211120)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

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

akta.pro secondary industries

Drilling & Well Construction (Rig Ops, Directional, Casing, Cementing) (EUAAAAAI), Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)

Keywords

• Oil and gas exploration
• Advanced drilling services
• Renewable energy development
• Energy project investment
• Exploratory well drilling

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oil and Gas Projects: Direct involvement in oil and gas exploration and drilling projects, generating revenue through project equity, production shares, and strategic partnerships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Standard Oil Company USA engages in oil and gas exploration, drilling, and renewable energy development, offering direct involvement in energy projects to strategic partners and investors. The company provides advanced drilling technology for exploratory and production wells, develops low carbon technologies for renewable energy, and manages specific projects such as Florida's Oil Prospect targeting previously inaccessible reserves.

Product overview

Standard Oil Company USA is an energy company operating as a single integrated offering with multiple service lines. The company provides Advanced Drilling services for oil and gas exploration and production, Renewable Energy solutions focusing on low carbon technologies, and manages specific projects such as the Florida's Oil Prospect. The company operates with global reach across regions including Asia, the Caribbean, and the United Kingdom, serving partners through direct involvement in oil and gas ventures with potential cash flow improvements and tax advantages.

Differentiator

Problem solved

Functional benefit

Products and services

• Advanced Drilling Oil and gas drilling services utilizing modern drilling technologies for exploratory and production wells, targeting previously inaccessible reserves. Aimed at strategic partners and investors seeking direct involvement in oil and gas projects.
• Renewable Energy Renewable energy solutions including development and investment in low carbon technologies, addressing global energy challenges and shaping a more sustainable energy future.
• Florida's Oil Prospect Exploratory oil drilling project in southwest Florida utilizing advanced drilling technology to tap previously inaccessible reserves. Managed as a project under CEO Ronald Brooks as Project Manager.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Battalion Oil (formerly Halcón Resources): Small-cap independent E&P with operations focused on unconventional resource plays and active drilling programs. Comparable in profile as a sub-scale operator pursuing drilling-led value creation.
• Camber Energy: Small independent energy company with oil & gas operations and a diversified energy strategy. Comparable to Standard Oil's hybrid traditional/renewable positioning at a similarly small operating scale.
• Mexco Energy Corporation: Small US independent with diversified oil and gas holdings developed largely through participation in wells drilled by others. Comparable in scale to Standard Oil and operates with a similarly lean cost structure focused on niche opportunities.
• PEDEVCO Corp: Small-cap US E&P company operating drilling and production projects with direct-participation and partner-investment structures targeting niche onshore basins. Comparable to Standard Oil's small-scale, project-based operator model with similar tax-advantaged investment positioning.
• Royale Energy: Small independent E&P with a direct-participation program that markets working interests and tax-advantaged drilling partnerships to individual investors. Closely mirrors Standard Oil's partner-investment, tax-advantage value proposition.
• PrimeEnergy Resources: Privately-held small US operator focused on drilling and production in selected onshore basins, often through partner-funded structures. Similar sub-scale operating profile and project-driven revenue model as Standard Oil.
• Ring Energy: Small-cap US independent E&P focused on acquisition and development of onshore oil and gas properties in the Permian Basin. Comparable sub-scale operator profile pursuing drilling projects with limited headcount.
• Riley Exploration Permian: Small independent E&P focused on drilling and developing oil-weighted assets in the Permian Basin. Comparable small-scale drilling operator model targeting specific prospects.
• Independence Contract Drilling: Small-scale land drilling contractor providing rig services to operators in the Permian Basin. Comparable to Standard Oil's drilling-services angle and similar sub-scale operating footprint.

Emerging players

• Dynamic Energy (formerly JMICorp): Small oil and gas operator pursuing niche onshore drilling opportunities and partner-funded participation programs. Closely mirrors Standard Oil's niche-operator and direct-participation model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/240773722739433
• LinkedInlinkedin.com/company/standard-oil-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Standard Oil Company