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
Oil prices on July 1 surrendered much of their gains from the day before after the release of a government report showing the first rise in US crude inventories in 9 weeks.Tuesday, 23 April 2013 10:49
The US Fish & Wildlife Service issued Shell Gulf of Mexico Inc. a letter of authorization (LOA) related to the potential disturbance of polar bears and Pacific walrus resulting from the company’s proposal to operate two drilling rigs in the Chukchi Sea this summer.Tuesday, 23 April 2013 10:49
The volume of water required to hydraulically fracture wells varies widely across the country, according to the first national analysis and map of hydraulic fracturing water usage detailed in a recent US Geological Survey study.Tuesday, 23 April 2013 10:49
Canada is taking strong steps toward combating climate change, and the proposed Keystone XL pipeline crude oil pipeline remains in the US national interest, TransCanada Corp. said in a June 29 letter to US Sec. of State John F. Kerry and two senior State Department officials.Tuesday, 23 April 2013 10:49