Overview
Producing oil and gas at the lowest possible cost per barrel begins long before production is online. Starting with a deep understanding of the reservoir, the process expands to placing wells properly, drilling each of them efficiently, and completing them reliably and effectively. We gives you the industry’s strongest technology and service portfolio for each part of the process, together with unmatched digital capabilities. We’re working on smarter ways to help you achieve new levels of upstream productivity.
Areas of Operation
Oilex Group sponsored partnerships collectively own interests in over 1,000 oil and natural gas wells in the continental United States. Our areas of activity include Bakken and Three Forks areas in North Dakota, the Eagle Ford Shale in South Texas, the Permian Basin in West Texas and Watford, and the Mid-Continent Region in Texas and Oklahoma. Currently, our core area of activity is concentrated in the Bakken and Three Forks areas in North Dakota (the “Bakken”). Oilex Group has made several large acquisitions in the Bakken and managed Bakken assets for many years now. Choosing Oilex Group as your partner means choosing a company that has a solid history and deep understanding of one of the most active unconventional plays in the United Kingdom. Oilex Group expertise in the Bakken is backed by our current activity, which includes sponsoring and managing partnerships that currently own over 800 producing wells in the region and have participated in the drilling of over 600 Bakken wells.
- Production history
- Life expectancy of the oil and gas assets
- Level of diversification
- Level of diversification
- Growth potential
In order to thoroughly analyze all of these factors, Oilex Group utilizes a standard evaluation method to ensure it includes assets of the highest quality in its partnerships.