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Remnant Oil Company, LLC Bankruptcy Case

Remnant Oil Company, LLC

Chapter 7 · Sale Process

Case No. 19-70106·Texas Western·Petition date Jul 16, 2019

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Judge: Tony M. Davis
Petition assets: $10M–$50M
Petition liabilities: $10M–$50M
Industry: Energy

Remnant Oil Company, LLC is an oil and gas exploration and production company headquartered in Midland, Texas. The company operates 480 wells across approximately 47,960 gross acres in the Permian Basin, specifically targeting reservoirs in Eddy, Lea, and Chaves counties of New Mexico. Its portfolio is divided into Caprock and Non-Caprock properties, supported by water and wind rights. The firm employs eight full-time staff, two managing members, and three independent contractors to manage its production assets.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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