What Sets Crown Exploration Apart
A crown is the symbol of a ruler. It signifies not only leadership and prosperity, but integrity and vision. Our crown signifies our conduct, our ideals, and our ambition.
Crown Exploration is an independent energy entity based in North Texas. When Crown began operations in 1997, our primary business was exploration, drilling, and production in known oil and gas properties throughout the United States.
Early and Ambitious
In the beginning, Crown was a brash newcomer in hot spots such as the Barnett Shale, bustling with aggressive entrepreneurs and corporate explorers. Put in its simplest terms, our strategy was to work smarter and harder. With the help of Venturers who believed in our credentials, Crown invested in exploratory wells and leased mineral rights to promising properties.
Since its inception, Crown has specialized in the drilling, evaluation, and acquisition of positions in properties with likely, but not certain, positive cash flow. Our wells, now numbering more than 217 in 38 counties in Texas, Louisiana, Montana, Oklahoma and Colorado. Most recently, we have not only developed promising fields in the panhandle of Texas and central Oklahoma, but also widened our scope to successfully include wells in Colorado and Montana.
Why We Succeed
Luck plays a role in every enterprise, but Crown’s drilling history signifies more than occasional good fortune. As all successful Venturers know, minimize your risk and you’ve maximized your luck. Our industry experience will continue to give us an edge as our drilling efforts expand in Texas, Oklahoma, Colorado and Montana.
Because of Crown’s hands-on experience in oil and gas exploration and development, we are able to reliably identify land with likely energy deposits. We take pride in our past and know that it will serve us well moving forward.
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Contact us for more information on our company profile or the tax advantages of investing in oil and gas.Contact us
The Crown Niobrara #1 Joint Venture, Well #1H was spud on September 20th. Please see Field Reports/Weekly Activity for continued information.more
The Crown Shamrock #4 Joint Venture, Well #2H was spud on January 9th. Please see Field Reports/Weekly Activity for continued information.more
Hot off the press! Our 25th anniversary covers are a throwback look alike to our very first Joint Venture offered in January of 1997.2 March, 2022
Hot off the press! Our 25th anniversary covers are a throwback look alike to our very first Joint Venture offered in January of 1997.more
Good news from our Accounting Department! K-1’s have been mailed and are available to view online in your investor portal.2 March, 2022
Good news from our Accounting Department! K-1’s have been mailed and are available to view online in your investor portal.more
Our Operator has been performing workovers on the wells listed below. Many of the pumps were damaged and covered with scale, or had sand scars on the barrel. As a result of these workovers, all wells have seen an increase in production. Crown Cleveland #21 Joint Venture Crown Cleveland #27 Joint Venture Crown Cleveland #28 … Continue reading “From the Field”more
Crown Niobrara #1 Joint Venture The production decrease is due to low nighttime and high afternoon temperatures causing compressor issues: OIL CUT 33%. We have recovered 81,364± BW to date, which is approximately 28% load recovery. When the compressor works at full efficiency, the total fluid increases as does oil production. Our Operator anticipates 400± … Continue reading “From the Field”more
The Crown Shamrock #3 Joint Venture, Well #1H was spud on August 18th. Please see Field Reports/Weekly Activity for continued information.more
July 11, 2008 – World Oil Price hits Historic High The price of oil reached a record high of $147.27 a barrel before dropping back to $145.08. Prices on the New York Mercantile Exchange had peaked at $145.29 a barrel eight days earlier. As supply fears subsided, oil prices fell below $37 a barrel by … Continue reading “This Week in Oil & Gas History”more
January 12, 1926 – Texans patent Ram-Type Blowout Preventer Seeking to end dangerous and wasteful oil gushers, James Abercrombie and Harry Cameron received a patent for a hydraulic ram-type blowout preventer. Petroleum companies embraced the new technology, which the inventors improved in the 1930s. Their concept used rams — hydrostatic pistons — to close on the … Continue reading “This Week in Oil & Gas History”more
December 17, 1884 – Fighting Oilfield Fires with Cannons “Oil fires, like battles, are fought by artillery” proclaimed an article in The Tech, a student newspaper of the Massachusetts Institute of Technology. “A Thunder-Storm in the Oil Country” featured the reporter’s firsthand account of the problem of lightning strikes in America’s oilfields. The MIT article … Continue reading “This Week in Oil & Gas History”more