
United States · Oil & energy startup
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
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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.
Funding, as reported
What they build
Known for
explorationhydraulic fracturingb2bproductionhorizontal drilling
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