5L Properties, Inc. is a private Oil & Gas company located in Breckenridge, Texas. Founded by Leslie J. Griffith in 1993, 5L Properties, Inc. has over 20 years of experience in oil and gas exploration and the day-to-day operation of existing oil and gas properties. Our primary goal is to develop and operate oil and gas production in a thorough, efficient, and cost effective manner, thereby creating value for our partners at every stage in the life of an oil and gas property. Whether it be drilling, completion, recompletion, workover, or just the day-to-day hands-on operation of existing production, we strive to represent the best interests of our partners in all that we do. In addition to the physical operating of oil and gas properties, we also specialize in oil and gas accounting, such as joint interest billing and revenue distribution.
Oil & Gas News for the week of Tuesday, 24 January 2017
The US Pipeline & Hazardous Materials Safety Administration issued a final rule laying out a specific timeframe for electronic or telephone notifications of pipeline accidents.Monday, 23 January 2017 19:00
Spending plans for 2017 by China National Offshore Oil Corp. Ltd. include the drilling of 126 exploration wells and acquisition of 13,000 sq km of 3D seismic.Monday, 23 January 2017 17:00
The benchmark for light, sweet crude oil prices on the New York Mercantile Exchange began Jan. 23 on the decline after Baker Hughes Inc.’s latest US rig count rejuvenated oversupply concerns.Monday, 23 January 2017 17:00
Royal Dutch Shell PLC will sell its 50% interest in the Saudi Petrochemical Co. (SADAF) joint venture to Saudi Basic Industries Corp. (SABIC), its partner, for $820 million.Monday, 23 January 2017 16:00