Endeavor Energy Resources LP
About
Headquartered in Midland, Texas, Endeavor Energy Resources LP employs over 1,300 valued associates as one of the city’s largest private employers. With over 35 years of experience in the Midland Basin Endeavor re-focused its development strategy in 2016 on a new horizontal drilling program. Relying on the strength and depth of its resources to execute a horizontal program Endeavor has reduced drill time, lowered LOE, and hit record production for the company.
Uniquely positioned with the second largest land position in the Midland Basin, holding over 350,000 Net Acres in the Midland Basin, Endeavor has only scratched the surface of its drillable inventory. Focused exclusively on the Core 6 Midland Basin counties Endeavor has developed less than 2% of inventory. Holding in excess of 500,000 Net Acres with positions in basins outside of the Core 6, Endeavor has a drilling program for the next century.
Vertically integrated by means of dedicated service companies Endeavor has exclusive access to resources at a lower than market cost. The Endeavor Energy Services division provides trucking, roustabout, well service, wireline, vehicle maintenance and construction services to Endeavor.
Editor's note: Updated Oct. 17, 2019.
Headquarters Address
110 N. Marienfeld St. Ste. 200
Midland, TX 79701
United States
Website
www.endeavorenergylp.comMain Phone Number
Transactions
Marketed: Endeavor Energy Resources Permian Basin Operated Well Package
Marketed: Endeavor Energy Resources Permian Basin Operated Well Package
Marketed: Endeavor Energy Resources, 140 Well Package, Kansas
Marketed: Endeavor Energy Resources, 140 Well Package, Kansas
Marketed: Endeavor Energy Resources Eddy County, New Mexico Package
Marketed: Endeavor Energy Resources Eddy County, New Mexico Package
Marketed: Endeavor Energy Resources Permian Basin Package
Marketed: Endeavor Energy Resources Permian Basin Package
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New Financings
Endeavor Energy Resources LP and its wholly owned subsidiary EER Finance, Inc. priced its…
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News
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Exclusive: Permian’s Relevance in US Oil Production Expected to Increase
Jefferies’ Pete Bowden, the global head of industrial, energy and infrastructure investing, discussed the trajectory of the Permian Basin’s production and the future of M&A in the increasingly consolidated region, in this Hart Energy Exclusive interview.
Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway
With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.
Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets
After closing a $26 billion acquisition of Endeavor Energy Resources, Diamondback Energy is getting deeper in the Midland Basin through an asset swap with TRP Energy.
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
After M&A, Some ‘Stingy’ E&Ps Plan to Hold Operated Shale Inventory
After a whirlwind run of upstream consolidation, experts anticipated a wave of portfolio rationalization and divestitures. But with high-quality drilling locations already scarce, E&Ps may cling to operated inventory.
Bankers' Outlook for A&D: A Slow Unwinding of Asset Sales
Bankers from CrossFirst, Texas Capital, BOK Financial and Comerica say that after a sluggish season of asset level deals, divestitures will come from larger-scale M&A, but it will take time.
Diamondback, Kinetik Boost Stake in Permian EPIC Crude Pipeline
Diamondback Energy, in partnership with Kinetik, is boosting its takeaway capacity and ownership stake in the EPIC Crude pipeline after closing a $26 billion Permian Basin acquisition.
Diamondback to Sell $2.2B in Shares Held by Endeavor Stockholders
Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.
Diamondback Closes $26B Endeavor Deal, Forming Last Permian ‘Sandbox’
Diamondback Energy’s merger with Endeavor Energy Resources forms a company with pro forma production of 468,000 bbl/d (816,000 boe/d) on total Permian acreage of about 838,000 net acres.
Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A
Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.
Private Producers Find Dry Powder to Reload
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
Could UpCurve Be an M&A Target in Delaware Inventory Scramble?
On a shrinking list of private equity-backed Delaware Basin operators, UpCurve Energy’s CEO told Hart Energy there’s a “reasonable chance” the company’s Reeves County, Texas, assets will be sold off.
Wildcatter at Heart: Autry Stephens (1938-2024)
Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy.
Endeavor Energy Founder Autry Stephens Dies at 86
Stephens created a legacy in the Permian Basin that Endeavor said will continue to shape the future of the company.