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Elevation Resources LLC


Elevation Resources LLC is a Permian Basin focused exploration and production company with operations in Andrews County, Texas, on the Central Basin Platform and in the southern Midland Basin. The company formed in 2013 with financial backing from a group of investors led by Pine Brook Road Partners, whose principals have been investing in the oil industry for over three decades. Elevation’s strategy employs horizontal drilling and multistage hydraulic fracturing in both conventional and unconventional reservoirs that are overlooked by the company’s competitors. Elevation said it is proud to call Midland its headquarters and home and the company’s employees are active in community leadership and volunteer activities.

Headquarters Address

200 N Loraine St Suite 1010
Midland, TX 79701
United States

Main Phone Number

New Financings

Report Date Type Amount (MM) Description
2013-04-08 Elevation Resources LLC - 2013-04-08 Equity $400.00

Received a line of equity financing from an investor group led by Pine Brook that served as the…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

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Under Siege: Industry Cuts Emissions Despite Biden's ‘Attack’ on E&Ps

IPAA Chairman and Elevation Resources CEO Steve Pruett shared insight on industry’s concerns over regulations carried out by an “alphabet soup” of agencies from the Environmental Protection Agency to the Federal Trade Commission.

Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones

Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.

Exclusive: Proactivity Towards Methane Reduction [WATCH]

Steve Pruett, president and CEO at Elevation Resources and chairman at IPAA, highlights methane emission problems in the Permian and steps to maintain the environment in this Hart Energy LIVE Exclusive Interview. 

HART ENERGY CONNECT: Permian Competition, Constraints & Geopolitical Effects

Elevation Resources CEO Steve Pruett explains why he thinks the pipeline constraints in the Permian Basin are temporary. Plus, Pruett spoke to Hart Energy about why Midland producers should be concerned about geopolitical events.