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
An oil and gas trade group has rejected a UK House of Commons committee recommendation to cut fossil-energy tax allowances that the committee described as subsidies.Tuesday, 23 April 2013 10:49
Oil prices jumped Dec. 3 on the heels of news that members of the Organization of Petroleum Exporting Countries, who met Dec. 4 in Vienna at the cartel’s 164th ordinary meeting, decided collectively to maintain the group’s current production quota level of 30 million b/d.Tuesday, 23 April 2013 10:49
Cairn India Ltd. has named Mike Yeager as chairman, operations review board. He currently serves as executive chairman and chief executive officer of Houston-based Maverick Drilling & Exploration.Tuesday, 23 April 2013 10:49
QEP Resources Inc. said it will pursue a separation of its midstream business, QEP Field Services Co., including the company’s interest in QEP Midstream Partners LP (QEPMP). QEP Resources is majority owner of QEPMP.Tuesday, 23 April 2013 10:49