Great Western Oil and Gas Company Revenue and Competitors

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Denver, CO USA



Total Funding



Estimated Revenue & Valuation

  • Great Western Oil and Gas Company's estimated annual revenue is currently $20.8M per year.(i)
  • Great Western Oil and Gas Company's estimated revenue per employee is $245,000

Employee Data

  • Great Western Oil and Gas Company has 85 Employees.(i)
  • Great Western Oil and Gas Company grew their employee count by -40% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
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Great Western Oil and Gas Company, LLC (GWOG), is headquartered in Denver, Colorado, with field operations based in Windsor, Colorado. GWOG commenced activity late in 2005. Our core area of operations is in one of the most prolific and active areas, along the western flank of the Wattenberg field, within the Denver Julesburg (DJ) Basin, Colorado. The DJ Basin is a 70,000 square mile hydrocarbon-rich area extending over northeast Colorado into southeast Wyoming and southwest Nebraska. More than 52,000 wells have been drilled in the DJ with an extensive inventory of development and upside potential remaining. Horizontal drilling and multi-stage hydraulic fracture completions in the Niobrara have ignited a new wave of activity and brought substantial results. The DJ Basin offers several competitive strengths; lower cost development, low lifting costs, long-lived production and reserves, existing gathering/processing/transportation infrastructure in place and a well established service sector presence. We have established a demonstrated and repeatable business model based on a three-pronged strategy: Continued aggressive organic growth from our existing multi-year inventory Expanding our position in other opportunities in the oil and liquids rich areas of the DJ Basin, along the western flank of the Wattenberg field. Strategically entering other basins which have demonstrated upside and growth potential, and leverage our skill sets in operations and development We continue to focus on expanding our position in our core area through proactive and opportunistic leasing and bolt-on producing property acquisitions. Our success is founded in our network of relationships, our presence and deep local knowledge, our risk management, and our strong technical and financial capabilities.



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Great Western Oil and Gas Company News

2022-04-17 - 5 Oil and Gas Stocks With More Fuel in the Tank

Rapidly rising energy prices have made oil and gas stocks runaway ... of Great Western Petroleum, a transaction valued at $1.3 billion.

2022-04-13 - Colorado ranks high in first quarter oil and gas M&A but deals may ...

The companies' combined oil and gas operations in the Williston ... That was notable in that Great Western sold for a price believed to be...

2022-03-30 - I Can't Go for That (No Can Do), Part 3 - Drilling Down Into Major ...

It seems like a good assumption because, while the 40-plus crude oil and natural gas producers we monitor have indicated they are planning a...

2019-08-29 - Colorado's oil and gas industry voices its concerns. But Gov ...

The oil and gas industry is facing new headwinds in Colorado with a ... The recent merger of two Colorado energy companies and potential for job losses .... Rich Frommer, the president and CEO of Great Western Oil and Gas.

2019-08-15 - OPINION | Colorado's oil & gas biz drills deep to dig itself out ...

Locally owned Great Western Petroleum, a medium-sized driller in the DJ ... Adding more risk for oil/gas companies is a downward trend in the ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding