U.S. Energy Development Corp.
About
U.S. Energy Development Corp. is a privately held oil and gas operator established in 1980 which provides direct investments in energy. The firm was named the Best Investment Company in North America by World Finance in its 2020 Oil & Gas Awards. The firm has invested in, operated and/or drilled more than 2,400 wells in 13 states and Canada and deployed more than $1.5 billion on behalf of its partners.
Editor's note: Updated Feb. 26, 2021.
Headquarters Address
1521 N. Cooper Street Suite 400
Arlington, TX 76011
United States
Website
usedc.comTransactions
U.S. Energy Development Corp. Acquires New Permian Assets for $60 Million
U.S. Energy Development Corp. Acquires New Permian Assets for $60 Million
U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core
U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core
U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale
U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale
Marketed: U.S. Energy Development Corp. Nonop Williston Basin Assets
Marketed: U.S. Energy Development Corp. Nonop Williston Basin Assets
U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin
U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
News
U.S. Energy Development Corp. Plans $750MM Permian-heavy Program
Fort Worth, Texas-based U.S. Energy Development Corp. continues to add to its operated footprint in the Permian’s Delaware Basin.
Exclusive: US Energy Evaluates their Permian Investment, Other Basins [WATCH]
U.S. Energy Development Corp. board chairman Jordan Jayson explains the decision making for their large Permian Basin investment and sheds light on his thoughts about gas projects in this Hart Energy LIVE Exclusive Interview.
A&D Minute: Expansions, Investments and Acquisitions Aplenty [WATCH]
In this week's A&D Minute, Suncor expands in the Canadian oil sands with a $4 billion TotalEnergies deal, U.S. Energy invests $225 million in the Midland Basin and Elk Range closes on its third Eagle Ford acquisition.
US Energy Buys $225 Million Stake in Midland Basin’s Mascot Project
U.S. Energy Development Corp. acquired a 25% working interest in the Midland Basin’s Mascot Project, which include at least 50 undeveloped well locations.
![A&D Minute (Sept. 21, 2022): Is Eagle Ford Consolidation Inevitable? [WATCH]](/sites/default/files/styles/image_480x320_3_2/public/image/2022/09/ad-minute-sept-21-2022-eagle-ford-consolidation-inevitable-watch.jpg?itok=sIpfl13J)
A&D Minute (Sept. 21, 2022): Is Eagle Ford Consolidation Inevitable? [WATCH]
Also in this week’s A&D Minute: SilverBow Resources’ $50 million acquisition provides a new position in this South Texas gas play and U.S. Energy Development Corp. recently acquired core Permian Basin acreage for more than $60 million.
U.S. Energy Development Corp. Acquires New Permian Assets for $60 Million
The new acquisitions include three separate asset packages in the core of the Delaware Basin spanning a three-county area in the Permian region, U.S. Energy Development Corp. said.
Expert: Energy’s Stock Market Boom Just the Start of a Supercycle
Despite the efforts of the divestiture movement, the oil and gas sector’s 12-month performance clobbers that of the market as a whole.
Forty Under 40: Josh Stevens, U.S. Energy
Today’s featured Forty Under 40 honoree is Josh Stevens, who, to date, has impacted more than $100 million in acquisitions at U.S. Energy Development Corp. in his current role as vice president of finance.
E&P Operators’ View: Fine-tuning ESG-focused Operations
Public and private E&P operators alike are grappling with how to approach the evolving energy investment environment that is increasingly focused on ESG best practices.
U.S. Energy Development Scores $50 Million Acquisition in Permian Basin Core
U.S. Energy Development’s latest acquisition marks the firm’s fifth major deal in the calendar year and brings the company’s total investment in the Permian Basin over the past year to $135 million.
U.S. Energy Development Earns Certification for ESG Initiative
By issuing this certification of achievement for its environmental management system, U.S. Energy Development confirms, via a third-party audit, that they are in accordance with the requirements of ISO 14001:2015.
U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale
U.S. Energy Development is on track to continue making investments in the Permian Basin and intends to reach $150 million in projects focused in the Permian by year-end 2021, says CEO Jordan Jayson.
Marketed: U.S. Energy Development Corp. Nonop Williston Basin Assets
U.S. Energy Development Corp. (USEDC) retained Eagle River Energy Advisors to divest certain nonoperated working interest wellbore only assets in the Williston Basin of North Dakota and Montana.
U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin
The company's CEO said the joint venture comes at an ideal time as the company continues to grow its footprint in the Permian Basin.
Texas Firm Advances ESG Efforts With Eagle Ford Shale Pipeline Project
The $607,000 pipeline project located in the Eagle Ford Shale is a proactive approach by U.S. Energy Development Corp. to reduce flaring, thereby decreasing the firm’s carbon footprint.