OPERATIONS
WHERE INNOVATION COMES TO LIFE
High Quality, Diverse Asset Base
Our dedicated and talented team has assembled a robust portfolio of high quality assets with diverse commodity profiles. Our large, stable production base complements our inventory of highly economic reinvestment opportunities.
PERMIAN BASIN
arkoma BASIN
Midstream & Infrastructure
Permian Basin
100,000 net acres, 2,180 operated wells and more than 10 years of undeveloped drilling inventory in the most prolific oil & gas producing regions of the United States.
Blackbeard’s position is oil-weighted and primarily operated, contiguous and held by production. Legacy field production from a mixture of shallow stratigraphic and deeper structural traps provides numerous workover, recomplete, infill, and secondary recovery opportunities. Our activity is focused on the uplifted Central Basin Platform conventional and unconventional targets, whose shallow depths allow more economic access to deeper reservoirs. With historical production from over 30 identified stratigraphic targets, this prolific stacked pay provides multiple commingled horizontal and vertical drilling targets.
Arkoma Basin
90,000 net acres, 200 operated wells with years of undeveloped drilling inventory in the core of the Woodford Shale of the Arkoma Basin in Oklahoma.
Our position of primarily operated, contiguous and HBP in the heart of the Arkoma Basin, holds some of the thickest areas of the Woodford Shale and Mayes formation. With estimated reserves of 40-60+BCF/Section. Our mature dry gas portfolio offers years of great returns with low operating expense.
Midstream & Infrastructure
Blackbeard takes an active approach to integrating segments of the production process beyond the wellhead, in order to enhance overall asset value. We own strategic midstream, water, sand and infrastructure assets that directly support our E&P operations. In addition, Blackbeard has a wholly owned subsidiary focused on oil field recycling & Waste Management.
Midstream & Infrastructure
Blackbeard takes an active approach to integrating segments of the production process beyond the wellhead, in order to enhance overall asset value. We own strategic midstream, water, sand and infrastructure assets that directly support our E&P operations. In addition, Blackbeard has a wholly owned subsidiary focused on oil field recycling & Waste Management.