Stateline Operating LLC
About
Stateline Operating LLC is a privately held, independent oil and natural gas company based in Fort Worth, Texas. Stateline acquires, develops, and produces oil and gas properties in the Permian Basin and other domestic resource plays.
The company formed as part of an operating and development joint venture partnership between Vortus Investment Advisors LLC and Flat Creek Resources LLC announced April 19, 2021.
Editor's note: Updated April 19, 2021.
Headquarters Address
Fort Worth, TX
United States
Website
www.flatcreekresources.comTransactions
Vortus Forms Permian Basin JV Initially Focused in New Mexico’s Eddy County
Vortus Forms Permian Basin JV Initially Focused in New Mexico’s Eddy County
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News
Private E&P Point Energy Triples Delaware Basin Production to 15,000 bbl/d
Point Energy Partners has since brought on an additional 15 wells and has 12 more coming online later this year in Ward County, Texas, while its leasehold in northern Loving County is tied up in a dispute with Matador Resources.
Vortus Forms Permian Basin JV Initially Focused in New Mexico’s Eddy County
Stateline Operating, a newly formed JV between Vortus Investment Advisors and Flat Creek Resources, will initially focus on the development of existing oil-rich assets in New Mexico’s Eddy County in the Delaware Basin.