Endeavor Energy Resources LP
About
Headquartered in Midland, Texas, Endeavor Energy Resources LP employs over 1,300 valued associates as one of the city’s largest private employers. With over 35 years of experience in the Midland Basin Endeavor re-focused its development strategy in 2016 on a new horizontal drilling program. Relying on the strength and depth of its resources to execute a horizontal program Endeavor has reduced drill time, lowered LOE, and hit record production for the company.
Uniquely positioned with the second largest land position in the Midland Basin, holding over 350,000 Net Acres in the Midland Basin, Endeavor has only scratched the surface of its drillable inventory. Focused exclusively on the Core 6 Midland Basin counties Endeavor has developed less than 2% of inventory. Holding in excess of 500,000 Net Acres with positions in basins outside of the Core 6, Endeavor has a drilling program for the next century.
Vertically integrated by means of dedicated service companies Endeavor has exclusive access to resources at a lower than market cost. The Endeavor Energy Services division provides trucking, roustabout, well service, wireline, vehicle maintenance and construction services to Endeavor.
Editor's note: Updated Oct. 17, 2019.
Headquarters Address
110 N. Marienfeld St. Ste. 200
Midland, TX 79701
United States
Website
www.endeavorenergylp.comMain Phone Number
Transactions
Marketed: Endeavor Energy Resources Permian Basin Operated Well Package
Marketed: Endeavor Energy Resources Permian Basin Operated Well Package
Marketed: Endeavor Energy Resources, 140 Well Package, Kansas
Marketed: Endeavor Energy Resources, 140 Well Package, Kansas
Marketed: Endeavor Energy Resources Eddy County, New Mexico Package
Marketed: Endeavor Energy Resources Eddy County, New Mexico Package
Marketed: Endeavor Energy Resources Permian Basin Package
Marketed: Endeavor Energy Resources Permian Basin Package
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New Financings
Endeavor Energy Resources LP and its wholly owned subsidiary EER Finance, Inc. priced its…
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News
Diamondback, Kinetik Boost Stake in Permian EPIC Crude Pipeline
Diamondback Energy, in partnership with Kinetik, is boosting its takeaway capacity and ownership stake in the EPIC Crude pipeline after closing a $26 billion Permian Basin acquisition.
Diamondback to Sell $2.2B in Shares Held by Endeavor Stockholders
Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.
Diamondback Closes $26B Endeavor Deal, Forming Last Permian ‘Sandbox’
Diamondback Energy’s merger with Endeavor Energy Resources forms a company with pro forma production of 468,000 bbl/d (816,000 boe/d) on total Permian acreage of about 838,000 net acres.
Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A
Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.
Private Producers Find Dry Powder to Reload
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
Could UpCurve Be an M&A Target in Delaware Inventory Scramble?
On a shrinking list of private equity-backed Delaware Basin operators, UpCurve Energy’s CEO told Hart Energy there’s a “reasonable chance” the company’s Reeves County, Texas, assets will be sold off.
Wildcatter at Heart: Autry Stephens (1938-2024)
Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy.
Endeavor Energy Founder Autry Stephens Dies at 86
Stephens created a legacy in the Permian Basin that Endeavor said will continue to shape the future of the company.
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.
Diamondback, on Hold for Endeavor Deal, Divests in Delaware Basin
Diamondback Energy sold non-core assets in the Delaware Basin in the second quarter and collected $375 million for its share of a midstream asset sale as its waits to close a $26 billion acquisition of Endeavor Energy Resources.
The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’
Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.
2Q Upstream M&A Tops $30B as Deals Hit Utah, Eagle Ford, Bakken
A historic run of U.S. upstream M&A transactions continued unabated during the second quarter, according to Enverus data.
Permian Prowl: Exploratory Drilling, Permitting Up for Permian Barnett Wells
In the never-ending hunt for Permian drilling locations, a growing number of operators are testing wells in less-developed formations and the basin’s extensional fringes.
Beyond Permian? Breaking Down E&Ps’ Second Half M&A Prospects
From Permian Resources and Diamondback Energy to Matador Resources and Civitas Resources, analysts weigh in on upstream companies’ M&A mindset as second-quarter earnings season gets underway.
Occidental Clears FTC Scrutiny to Close $12B CrownRock Deal
The waiting period for Occidental’s $12 billion acquisition of CrownRock LP under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, clearing the way for the deal to close next month.