Brigham Resources
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $55.3m | Late VC | |
$2.4b Valuation: $2.4b | Acquisition | ||
Total Funding | $55.3m |
Recent News about Brigham Resources
EditBrigham Resources, LLC is a privately held oil and gas company headquartered in Austin, Texas. Founded by Bud Brigham, Gene Shepherd, and former management team members from Brigham Exploration Company following its sale to Statoil, the company focuses on using advanced technologies to identify and develop unconventional liquids-rich resource plays.
The company operates primarily in the oil and gas sector, targeting resource-rich areas that require sophisticated technological solutions for extraction and development. Brigham Resources serves a variety of clients, including large energy corporations and investors looking for high-potential resource plays.
The business model revolves around leveraging cutting-edge technology to maximize the efficiency and profitability of resource extraction. Revenue is generated through the successful identification, development, and eventual sale or operation of these resource plays.
Key areas of focus include geological analysis, drilling technology, and resource management, all aimed at optimizing the yield from unconventional resource deposits.
Keywords: oil, gas, advanced technology, unconventional resources, liquids-rich, exploration, development, energy sector, geological analysis, drilling.