Texas State Oil is more than an oil and gas company; it is a Texan’s legacy endeavor focused on reducing our dependence on foreign oil and fueling a sustainable future together.
Texas State Oil is an independent oil and gas company focused on acquiring, developing, and producing crude oil and natural gas, primarily in Texas and across various other states domestically.
Although the company is relatively new, founded in 2024, it was established by JB Yowell, the CEO, who brings over 20 years of experience as an exploration and production (E&P) operator and producer in the oil and gas industry. JB’s excitement and ambition for the growth of Texas State Oil are as big as Texas itself! The company takes pride in its Texas heritage, as Texas has been and continues to be a leading state in the production of crude oil and natural gas. Texas State Oil aims to acquire a diverse range of oil and gas well assets, contributing to reducing the country’s dependence on foreign oil. In addition, we strive to benefit local communities by generating state and federal tax revenue, creating employment opportunities, and ensuring sustainable hydrocarbon production, especially as we face the decline following peak oil discovery in.
Our primary initiative is to develop assets in an environmentally responsible manner, fully compliant with all regulatory requirements, while offering land and mineral owners a first-class operational experience for a fruitful partnership.
The company’s leadership has extensive experience in directly acquiring and developing oil and gas wells. This expertise is supported by a team of specialists, including geologists, engineers, accountants, field operators, pumpers, mechanics, land experts, legal advisors, and other essential roles necessary for the successful acquisition and development of lasting oil and gas projects.
Strategic Vision
Our main goal is to expand our asset base and production, aiming to be recognized as a leader in the industry, especially during what we refer to as the “geriatric age” of oil and gas discovery and development. This term reflects the current stage of the industry, where the era of major discoveries through traditional “wildcatting” is largely behind us. Instead, our business model now focuses on the strategic acquisition and development of proven undeveloped (PUD) reserves. This approach minimizes the risk of drilling dry holes and potential capital loss by leveraging modern science and engineering techniques to maximize extraction from existing fields and wellbores. Additionally, it enables us to access formations that were previously considered unproductive just a few decades ago.
A Texan Legacy
The primary advantage of Texas State Oil lies in its advancement of cutting-edge technology, combined with decades of industry relationships. This combination has created a steady pipeline of opportunities that TSO and its partners can develop, generating cash flow and substantial returns on investment. We also prioritize providing local land and mineral owners the chance to prosper alongside our ventures, contributing much-needed tax revenue to support the growth of local communities.