Texakoma Resources Launches $50 Million Non-Operating Drilling Fund

Texakoma Resources LLC has launched Texakoma Resources Partners ’26, LP — known as TRP26 — a $50 million Regulation D, Rule 506(c) private placement offering that will pursue non-operating working interests in developmental oil and natural gas wells across multiple U.S. basins.

TRP26 will invest in developmental wells to be drilled in 2026 and 2027, targeting what it describes as wells with favorable economic and reserve potential based on its proprietary modeling.

The fund will seek non-operating working interests in wells being drilled by third-party operators across several basins.

The targeted basins include the:

• Williston, spanning eastern Montana, western North Dakota, South Dakota, southern Saskatchewan, and southwestern Manitoba;
• Permian, spanning West Texas and southeastern New Mexico;
• SCOOP/STACK in Oklahoma; and the
• Anadarko, centered in the western part of Oklahoma and the Texas Panhandle, and extending into southwestern Kansas and southeastern Colorado.

“Texakoma believes that its two-tier analysis of both the operator’s evaluation of the probable success of drilling each well coupled with our experienced, independent analysis of TRP26’s participation in each well, provides a unique level of thorough analysis that maximizes the probability of success for the partnership and its investors,” said Steve LaTorre, president.

The fund marks Texakoma’s fourth non-operating drilling program distributed in the retail private placement marketplace via broker-dealers and registered investment advisers.

Prior to the TRP26 launch, Texakoma and its affiliates said they have raised more than $900 million from investors across operated and non-operated oil and natural gas drilling programs. According to the company, its investments offer direct tax advantages and potential quarterly revenue for investors.

Established in 1982, Texakoma’s businesses include oil and natural gas drilling, exploration, operation and production, and related investments. The company said it has sourced, drilled and developed hundreds of wells in nine states and 14 basins.

For more Texakoma Resources news, visit its directory page.