Originally formed in 1985 as Petroleum Resources of Texas, Inc., ("PRTI") the company provided contract services for operators in the southwestern United States, operating Gulf Coast oil field properties on a contract basis. Soon thereafter, PRTI began acquiring additional oil and gas interests for its own account. In 1991, the Company was reorganized, incorporated in Delaware and renamed Gaither Petroleum Corporation, locating its headquarters in the “Energy Corridor” of Houston, Texas.
Focusing on the Texas and Louisiana Gulf Coast, GPC has developed a premier regionally targeted asset portfolio. GPC specializes in the management and rejuvenation of existing fields and joint venture exploration for the development of new fields. It is characterized as a Company seasoned with experienced, hardworking professionals. Geologists, geophysicists, engineers, landmen and financial analysts work side by side to create maximum synergy thus allowing GPC to explore, develop and operate marginal fields at costs significantly lower than most of its competitors. This has resulted in substantial historic growth, and today GPC owns and operates over 400 wells in Texas and Louisiana.
Gaither Petroleum Corporation (GPC) is an independent oil and gas company located in Houston, Texas. For nearly three decades, GPC has engaged in the acquisition, exploration, development and operation of oil and natural gas properties located in Texas and Louisiana. GPC focuses on underdeveloped, smaller and marginal oil and gas properties not considered as “core” to other companies. It specializes in fully exploiting such properties, and has proven its ability to successfully and consistently define untapped economic potential. Historically GPC has been able to create value whether through the drill bit or further development within those existing fields. Through its integrated, multi-disciplined approach, streamlined operations, and cost control measures, GPC has been able to reduce overall lifting and operating expenses, thus creating lower economic limits, extending project life and increasing reserves.
Mission Statement
Our Mission is to continually develop a results-oriented energy company that builds value through furthering the professional development of our employees by creating a challenging atmosphere of optimism, teamwork, creativity, and resourcefulness, and treating them in an open and ethical manner, recognizing the individual and human needs of each. Only in this manner can we hope to rise to the challenge of ensuring the availability of energy resources for the generations to come.
Company Name | Gaither Petroleum |
Business Category | Oil & Gas |
Address | 16600 Park Row Houston Texas United States ZIP: 77084 |
President | NA |
Year Established | 1985 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
Phone Number | Locked content | Subscribe to view |
Fax Number | Locked content | |
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Website | Locked content |