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Stronghold Energy II
AddedFeb 15, 2024
UpdatedJun 18, 2026
Stronghold Energy II

Stronghold Energy II

Stronghold Energy II: A Texas-based oil and gas company, specializing in Permian Basin exploration and production.

HQ
Midland, TX, US
Founded
2017
Overview
Compare
Fundraising
Employees
Website

Founded in 2017 and based in Midland, TX, Stronghold Energy II is a privately held oil and gas exploration and production company. The company's core mission is to acquire and develop properties in the Permian Basin, with a particular focus on the Central Basin Platform. Stronghold Energy II was capitalized with a $150 million commitment led by Warburg Pincus, providing the flexibility to add additional capital as needed. Their primary market focus is on leveraging advanced technologies and methodologies to maximize resource extraction and efficiency in one of the most prolific oil-producing regions in the United States.

Notable figures affiliated with Stronghold Energy II include Steven Weatherl, who serves as Chief Executive Officer. Weatherl brings extensive experience from his previous roles at EOG Resources' West Texas Division. The company has achieved significant milestones, including managing substantial drilling operations and maintaining a robust portfolio of assets in the Permian Basin. With strong financial backing and strategic leadership, Stronghold Energy II has made a notable impact on the regional oil and gas industry, contributing to energy production and economic growth in the area.

Stronghold Energy II - Quick Facts

When was Stronghold Energy II founded?

Stronghold Energy II was founded in 2017.

Where is Stronghold Energy II's headquarters located?

Stronghold Energy II's headquarters is located in Midland, TX, US.

When was Stronghold Energy II's last funding round?

Stronghold Energy II's most recent funding round was for $150M (USD) in January 2018.

How much has Stronghold Energy II raised to-date?

As of Jan 19, 2018, Stronghold Energy II has raised a total of $150M (USD).

How many employees does Stronghold Energy II have?

Stronghold Energy II has 30 employees as of Feb 4, 2024.

Stronghold Energy II - Classification

Ownership
  • Equity
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Gas
  • Oil
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
Show 6 more industry codes
NAICS
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services