Three Rivers Operating Co.
About
Three Rivers Operating Co. IV LLC is a privately-held oil and natural gas company headquartered in Austin, Texas, with an operational focus in the Permian Basin. Since the inception of the first Three Rivers entity in early 2009, the company has made over 15 acquisitions, aggregated over 380,000 net acres, drilled over 300 wells, and operated over 1,000 wells. Over the course of Three Rivers I, Three Rivers II, and Three Rivers III, the Three Rivers team has generated total sales proceeds of more than $3 billion with total profits over $1.4 billion. The company's primary investor is Riverstone Holdings LLC, a private-equity fund based in New York specializing in investments across the entire energy sector.
Headquarters Address
5301 Southwest Parkway, Suite 400
Austin, TX 78735
United States
Website
3roc.comMain Phone Number
News
Dean, Dean and More Dean: Dawson Wells Reach 15 MMbbl Milestone
The sheet of tight Dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has already made more than 15 MMbbl since 2020 from just 43 wells in Dawson County alone. Here’s a look.
DUG Permian: Dealmakers' Panel & Roundtable - Leasehold (2019)
M&A is increasingly all-stock. What consolidation will the basin see through year-end? Will capital markets reopen by then? These operators describe the M&A environment.
Three Rivers Returns With Riverstone Commitment For Up To $500 Million
Three Rivers IV LLC emerged earlier this month following an equity commitment of up to $500 million by Riverstone Holdings to focus on oil and gas acquisition opportunities in the Permian Basin.