Surge Energy US Holdings Co.
About
Surge Energy is an independent oil and natural gas company focused on the development, exploitation, production and acquisition of oil and natural gas reserves in the Midland Basin of West Texas, one of three primary sub-basins of the Permian Basin. Surge Energy is headquartered in Houston, and currently holds about 85,000 net acres in the Permian Basin.
Surge Energy America was formed in early 2015 as a U.S. subsidiary of Chinese based Shandong Xinchao Energy Corp. Ltd., a publicly-traded company on the Shanghai Stock Exchange, with a strategy to make a significant acquisition in the U.S. oil shale play and pursue a long term sustainable U.S. oil and gas company.
Editor's note: Updated July 22, 2019.
Headquarters Address
7850 North Sam Houston Parkway West, Suite 300
Houston, TX 77064
United States
Website
www.surgeenergya.comMain Phone Number
Transactions
Surge Energy Agrees to $420 Million Midland Basin Acquisition
Surge Energy Agrees to $420 Million Midland Basin Acquisition
Surge Energy Agrees to $420 Million Midland Basin Acquisition
Surge Energy Agrees to $420 Million Midland Basin Acquisition
Surge Energy Agrees to $420 Million Midland Basin Acquisition
Surge Energy Agrees to $420 Million Midland Basin Acquisition
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New Financings
Completed an amendment to the existing amended and restated revolving credit facility that increases the…
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News
Surge Energy Longtime COO Phil Webb to Retire
Following the retirement of Phil Webb, a portion of the COO responsibilities at Surge Energy will be handled by Vice President of Development Chris Alonzo, Vice President of Operations Joe Fleming and Chief Geologist CJ Liu.
Surge Energy Agrees to $420 Million Midland Basin Acquisition
The acquisition, from private equity-backed Grenadier Energy Partners II, will add leasehold interest and producing wells in Howard County, Texas, where Surge Energy’s position in the northern Midland Basin is partly located.
Independent In The Midland
Smaller Midland Basin operators discuss longer laterals, parent-child, lowering per-foot costs, evaluating additional targets and field operations efficiencies.