The Oil & Gas Asset Clearinghouse

The Oil & Gas Asset Clearinghouse is a specialized marketplace for the acquisition and divestiture of oil and gas assets, facilitating transactions for a variety of asset types, including working interests, minerals, and royalties. The Oil & Gas Asset Clearinghouse operates in the oil and gas sector, focusing on asset transactions. Founded in Houston, US, the company has brokered over 32,000 deals since its establishment in 1992. It is led by CEOs Cody Davis and Harrison Williams.

Oil & Gas Asset Clearinghouse specializes in the acquisition and divestiture of oil and gas assets, providing a marketplace for the buying and selling of asset types, including operated and non-operated working interests, minerals, royalties, and leasehold interests. The company has successfully facilitated over 32,000 transactions, guiding clients through a comprehensive process that includes market analysis, pre-sale marketing, and post-auction negotiations. Their services encompass negotiated transactions and live auctions, targeting assets valued from USD 10,000 to over USD 10 mn, catering to diverse portfolios. Their clientele includes oil and gas operators, private equity firms, and institutional investors, primarily within the United States, while also engaging in international markets.

The revenue model of Oil & Gas Asset Clearinghouse is based on transaction fees from the successful sale of oil and gas assets. The company engages in B2B transactions, assisting clients with the complexities of asset divestiture and acquisition. Typical transactions involve marketing operated working interests, providing a platform for sellers to reach buyers through live auctions or negotiated sales. The process includes pre-sale marketing support and comprehensive data packages to enhance asset visibility.

Specific pricing plans are not disclosed, but the company's revenue is largely contingent on the transaction values facilitated, reflecting their focus on maximizing client returns. The Oil & Gas Asset Clearinghouse plans to enhance its service offerings by developing new products aimed at improving transaction efficiency and client experience. They are also targeting expansion into international markets with a focus on Europe and South America by the end of 2024. Recent support from CenterGate Capital's exit will be utilized to fund these initiatives, allowing the company to strengthen its market presence and broaden its scope of operations.