EnergyNet.com, a technology-enabled marketplace platform specializing in oil and gas property asset sales, is celebrating 22 years since its founding.
Founded in early February 1999, EnergyNet brought a new approach to a long-established business of oil and gas acquisitions and divestitures, according to a company release on Feb. 24.
EnergyNet, based in Amarillo, Texas, focuses on leading the A&D field with its technology-enabled platform. The firm’s decades-long history of consistent execution on the EnergyNet platform is a catalyst for the people of EnergyNet to adapt, reinvent and repurpose its capabilities to many markets and commodities, the company release said.
Commenting on the milestone, Chris Atherton, president and CEO of EnergyNet.com, said: “We are proud of our history and accomplishments and EnergyNet will continue to focus on strategic business development, driving company growth and expanding on our client-focused agenda in the future. EnergyNet has a history to be proud of and definitely a future to look forward to.”
Stream Hart Energy’s virtual
A&D Strategies and Opportunities Conference
Featuring EnergyNet CEO Chris Atherton
EnergyNet employs over 45 full-time upstream A&D professionals—including engineers and geologists—located in Houston, Amarillo, Dallas, Midland, Denver and Oklahoma City.
In the past two years, EnergyNet has successfully closed $5 billion in oil and gas assets, according to its release. The firm facilitates private sales, sealed-bid sale processes, transparent bid auctions and government agency lease sales.
Recommended Reading
Pitts: How Venezuelan Elections Impact Texas and Louisiana
2024-10-24 - The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.
Rystad: 12 MMbbl/d at Risk in Full-blown Middle East War
2024-10-17 - A full-blown war in the Middle East could end up with 12 MMbbl/d of oil at risk—leading to high prices and widespread global consequences, according to Rystad Energy.
What's Affecting Oil Prices This Week? (Sept. 9, 2024)
2024-09-09 - Within the context of lower oil prices and disappointing economic data, members of OPEC+ have decided to delay the unwinding of voluntary cuts, which were expected at the end of September.
Paisie: Geopolitics, Economic News Rattle Oil Markets
2024-08-21 - Demand is expected to outstrip supply in third-quarter 2024, with prices in the $80s.
What a Trump Win Would Mean for Oil Prices and Stocks
2024-08-23 - A second Trump administration might move the price needle on oil slightly, but OPEC would retain the upper hand in any outcome.