Mar 14, 2026 · Company
Ameristar Oil, LLC incorporated in Midland, Texas
The company was formed by three drilling supervisors with a signed term contract and an order for four new-build AC-electric pad rigs. Nineteen employees at incorporation.
Ameristar Oil, LLC was incorporated in the State of Texas on 14 March 2026, with its principal place of business in Midland.
The company started with nineteen people, no rigs and one signed term contract. The first four rigs were ordered new rather than bought in, which is the decision the rest of the fleet policy followed from.
The company is privately held. It has taken no outside equity, carries no debt against the fleet, has never been listed and has never acquired another drilling contractor.