Ryan D. Fitzpatrick, vice president of land at Pursuit Oil & Gas LLC, is today’s featured Forty Under 40 honoree.
Formerly with Stonegate Production Co. LLC, Fitzpatrick is one of the handful of people who helped build a stronghold for Pursuit Oil & Gas within the Eagle Ford Shale’s dry-gas window in Webb and La Salle counties, Texas.
“Many peers in the industry probably had thought we lost our minds—while everyone else was looking to hit it big in building oil-weighted businesses, we were focused on natural gas,” he said.
“It was quite early on,” he continued, “but we understood the foundation that gas had as a fuel necessary to power the world—and as more and more people were looking to create cleaner businesses, gas would fill that gap. With LNG now a reality, it would open this cleaner burning fuel to the world.”
With this targeted approach and a strong focus on subsurface, Pursuit hit the ground running in late 2016.
“Over the course of a year I was responsible for the leasing efforts of 25k acres, which became the core of our business,” Fitzpatrick said. “Today we are producing right at 90 million cubic feet of gas, and we’ll drill eight more wells in 2021.”
Fitzpatrick has broad experience in both development and exploration activities across the Lower 48 and also served as team lead for Oxy USA Inc.’s Midcontinent business unit earlier in his career.
Click here for Ryan Fitzpatrick’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Partnership to Deploy Clean Frac Fleets Across Permian Basin
2024-12-13 - Diamondback Energy, Halliburton Energy Services and VoltaGrid are working together to deploy four advanced electric simul-frac fleets across the Permian in an effort to enhance clean and efficient energy solutions in the region.
Tracking Frac Equipment Conditions to Prevent Failures
2024-12-23 - A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
ProPetro Agrees to Provide Electric Fracking Services to Permian Operator
2024-12-19 - ProPetro Holding Corp. now has four electric fleets on contract.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.