North American Drilling Corporation

Welcome to North American Drilling Corp Online!

North American Drilling Corporation is an independent producer of crude oil and natural gas, licensed by the State of Texas Railroad Commission as an oil and gas operator and is actively involved in drilling activities within the state of Texas, USA. North American Drilling Corp is a private company formed by experienced oilman Larry M. Koonce (President and CEO) in July of 2006 with headquarters in Plano, Texas USA. North American Drilling Corp is constantly reworking existing wells and looking for opportunities for the drilling of new wells that meet our high standards. For 2018 North American Drilling Corp currently has several different drilling programs in the development phase, all are exploring for crude oil and natural gas within the state of Texas, drilling wells that range in depths from 5,100' down to 10,000'. Information pertaining to our most current drilling ventures cannot be found on this website. If you are interested in our current or future activities, please go to our contact page and let us know.

We offer working interest positions into new oil and gas well drilling ventures to qualified participants with full tax benefits. North American Drilling Corporation is the managing entity over the entire process from beginning to end. We handle all of the following:

  • Identifying a prospective area utilizing subsurface geology, well control, and 2D or 3D Seismic technology

  • Acquiring the mineral leases over the prospect

  • Obtaining funding

  • Operating and drill the well

  • Completing the well

  • Handling the day to day operations

  • Selling the gas and oil

  • Sending out revenue checks monthly

  • Handling all the tax preparation pertaining to the ventures

  • Providing tax info to participants along with daily drilling reports, permits, maps and related geology, production, revenue, expense statements, survey plats, well test reports, etc., relating to the well

If you would like more info, you can also call us at 1-866-681-2811 or email us at .

North American Drilling Corp attempts to minimize risk by drilling a well that offsets existing production. We typically drill in our own proven field, next to our own currently producing wells. North American Drilling Corp employs competent drilling crews, engineers and geologists to ensure that the drilling operations run smoothly. We will only drill when our geologists and petroleum engineers have thoroughly examined the geology and are confident that we will be able to increase production by drilling an offset well.

North American Drilling Corp examines every opportunity to acquire good, producing properties. After targeting a property, we research the well and production history, examine the engineering, and finally, we enter into negotiations with the property owner. We believe that a focused, independent operator can acquire producing properties and improve payback by reworking wells and reducing administrative overhead and operating costs. What is becoming more available from the major oil companies are non-strategic opportunities which typically have positive cash flow, long life, uphole and behind pipe potential, but are decentralized to the rest of the major oil company's operations. For the current operator, these properties often carry higher operating costs because they may not make the larger company's administrative hurdle rates, but may be good values to smaller companies with less overhead.

There are many oil properties available today that present solid cash flows and very realistic opportunities to increase their present daily production rates and overall recoverable reserves. This is achieved through improved maintenance, more efficient employment of oil field personnel and utilization of surface equipment, replacement of down hole equipment and simply better field monitoring and management. Generally, there is a great deal of difference between the day to day operations of a large, major oil company to that of a smaller, leaner independent. Many times, this improvement in efficiency causes an increase in asset value.

North American Drilling is always seeking to acquire quality properties at the most favorable prices and will pursue choice opportunities through a pre-established relationship of professional contacts and already identified properties. Here at North American Drilling Corp, we are working hard for you! So call us, we produce...

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3101 Premier Dr. Plano, Texas 75075
Phone: 972-526-0680

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