United States · Oil & energy startup

Luxe Energy LLC

Luxe Energy LLC is an oil and gas company based in Austin, Texas, focused on acquiring and developing unconventional oil properties, particularly in the Permian Basin and other liq

Funding reportedLast round: Private equity

Oil & energyAustin, United States

About Luxe Energy LLC

Luxe Energy LLC is an oil and gas company based in Austin, Texas, focused on acquiring and developing unconventional oil properties, particularly in the Permian Basin and other liq

uids-rich areas across the United States. Founded in 2015 by Lance Langford and Jeff Larson, the company has a strong background in the industry, with both founders having held executive positions at notable firms. The company specializes in exploration and production, utilizing advanced techniques such as horizontal drilling and hydraulic fracturing to optimize resource extraction. Luxe Energy holds royalty and leasehold interests in various unconventional oil properties and has strategically focused on generating returns from these assets. In 2021, Luxe Energy was acquired by Colgate Energy in an all-stock transaction, which included the transfer of a majority of its assets while retaining certain non-operated leasehold interests.

What company datasets say Luxe Energy LLC raised

Funding, as reported

Reported in all$1.0Bin dollars
Rounds2
Last roundPrivate equity
Last round size$524M
Last round dateOct 2016
Investors listed1

The company, in detail

What they build

Known for

explorationhydraulic fracturingb2bproductionhorizontal drilling

Built with from their website

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Sector
Oil & energy
Industry code
NAICS 211120, SIC 1311
Region
Texas
Part of
Permian Resources
Revenue
$500M a year, as listed
Full record
Every detail in the company directory

Oil & energy in United States

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