PayRock Energy LLC

About

After the successful sale of PayRock Energy to Marathon Oil in the summer of 2016, PayRock II formed with headquarters in Oklahoma City. The company focuses on unconventional oil plays in North America where the operational capabilities achieve the highest level of financial efficiency. These unconventional plays require innovative ideas, examining the cutting-edge technology, and executing with precision at all levels. Payrock’s management and technical team has significant experience utilizing horizontal drilling and multi-stage fracture stimulation techniques to maximize reserve recoveries while minimizing well costs. Our collective history of evaluating and developing large-scale unconventional projects across multiple basins allows our team to apply an opportunistic approach toward building and developing a diverse portfolio of oil and gas assets with repeatable development drilling locations.

Editor's note: Updated Sept. 5, 2019.

Headquarters Address

3200 Quail Springs Pkwy
Oklahoma City, OK 73134
United States

Activity Highlights

In Kingfisher County, Okla., PayRock Energy LLC has completed an Anadarko Basin-Mississippian well in Section 12-16n-7w. The #1-12MH Hansens 1607 was tested on gas lift producing 1.112 Mbbl of 46-degree-gravity oil, 3.56 MMcf of gas and 1.145…

PayRock Energy LLC, based in Oklahoma City, completed a horizontal Mississippian well that initially flowed 1.037 Mbbl of 45-degree-gravity oil, 1.63 MMcf of gas and 803 bbl of water per day. The #1-35MH Cerny 1607 is in Section 35-16n-7w of…

News

PayRock Energy retained BMO Capital Markets for the sale of South Texas Eagle Ford assets located in La Salle, McMullen and Dimmit…

PayRock Energy, Rumble Minerals and their affiliates retained Detring Energy Advisors for the sale of overriding royalty interests in…

Transactions

Report Date Amount (MM) Description
2019-09-05

Marketed: PayRock Energy South Texas Eagle Ford Assets

Marketed: PayRock Energy South Texas Eagle Ford Assets

Report Date Amount (MM) Description
2019-04-25

Marketed: PayRock, Rumble Minerals Offer Core Stack ORRI Assets

Marketed: PayRock, Rumble Minerals Offer Core Stack ORRI Assets

Report Date Amount (MM) Description
2016-06-21 $888.00

Marathon Oil Builds Stack Position Higher With PayRock Deal

Marathon Oil Builds Stack Position Higher With PayRock Deal