Dwayne T. Stewart grew up near the poverty line in a singleparent home and now runs Fairways, a small, independent, privately owned E&P with an organic business model. “Hallmarks of Fairways are: early entry, large footprint,
proof-of-concept.”

Accomplishments: With a small staff, successfully acquired more than 700 square
miles of proprietary 3-D spread across four states. Defines “successful acquisition” as “on time, under budget, zero lost-time accidents, and great data.” Since acquiring the data, drilled seven wildcats along the Gulf Coast and in the Rockies, made four discoveries, two of which are online making just under 1,000 barrels oil per day. Graduated
summa cum laude from Louisiana Tech. Serves on the advisory board of Every Village, a non-profit that supports transformation of people in South Sudan through access to clean drinking water, sending missionaries, and broadcasting the gospel/community development via radio in both English and indigenous languages.

When not drilling oil wells he’s: Drilling water wells in South Sudan. On a recent trip, “people were thanking us that now instead of walking eight or nine miles one way to get clean drinking water, they now only have to walk one to two miles. And I’m sitting here thinking, ‘If my kitchen sink isn’t working, I get upset.’ It literally humbled me and reminded
me how blessed we are to live in the U.S. with the resources that we have.”

Goals: Continue de-risking various play types; triple production and reserves within the next 12 to 18 months via organic growth; evaluate joint-venture opportunities once proof-of-concept is established.

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