U.S. Energy Development Corp.

About

U.S. Energy Development Corp. is a privately held oil and gas operator established in 1980 which provides direct investments in energy. The firm was named the Best Investment Company in North America by World Finance in its 2020 Oil & Gas Awards.  The firm has invested in, operated and/or drilled more than 2,400 wells in 13 states and Canada and deployed more than $1.5 billion on behalf of its partners.

Editor's note: Updated Feb. 26, 2021.

Headquarters Address

1521 N. Cooper Street Suite 400
Arlington, TX 76011
United States

Activity Highlights

U.S. Energy Development Corp. has completed two producers in Zavala County (RRC Dist. 1), Texas. The Briscoe Ranch Field wells are on a 1,936-acre lease in Section 102, Mary A. Chrisholm Survey, A-874, and the laterals bottomed 2 miles northwest…

IHS Markit reported that U.S. Energy Development Corp. has completed its first horizontal Wolfcamp well in the Ford West Field area in Culberson County (RRC Dist. 8), Texas. The #1HA Admiral William Halsey Jr. was tested flowing 4.402 MMcf of gas…

News

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Transactions

Report Date Amount (MM) Description
2022-09-13 $60.00

U.S. Energy Development Corp. Acquires New Permian Assets for $60 Million

U.S. Energy Development Corp. Acquires New Permian Assets for $60 Million

Report Date Amount (MM) Description
2021-09-08 $50.00

U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core

U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core

Report Date Amount (MM) Description
2021-08-16

Marketed: U.S. Energy Development Corp. Nonop Williston Basin Assets

Marketed: U.S. Energy Development Corp. Nonop Williston Basin Assets

Report Date Amount (MM) Description
2021-08-16 $14.10

U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale

U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale

Report Date Amount (MM) Description
2021-08-11 $21.80

U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin

U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin