Ryan London, CEO and founder of Tap Rock Resources LLC, is today’s featured Forty Under 40 honoree.
Founded in 2015, London built the Golden, Colo.-based company from three employees to more than 40 and has established a two-rig drilling program in the Delaware Basin. Under his leadership, Tap Rock has deployed more than $250 million in gross development capital.
Prior to the creation of Tap Rock, London led asset teams in the Haynesville and Eagle Ford shales, as well as the Permian Basin, during his time at Matador Resources Co. As the youngest executive vice president within the organization, he also managed more than $2 billion in capital programs.
As an engineer, London knew that someday he wanted exposure in the management and finance side of the business.
“At my former company, we went public in 2012, and I was one of the four executive team members that regularly participated in non-deal roadshows and deal roadshows for equity and bond offerings,” he said. “I was in my mid-30s and helping to raise hundreds of millions of dollars for our company’s development program. While I don’t miss the grind, it’s an experience that I cherish, and I’m very thankful for.”
The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s NGL storage complex in Mont Belvieu, Texas.
Company will build two pipelines for ethane steam cracker to deliver to Markham, Texas.
Propane and polypropylene, along with ethane and ethylene were shipped in separate compartments on VLGCs, allowing for more efficient dock capacity.