Track Record

Proven at scale across the Permian.

Members of the Strata team have played leading roles in some of the most successful development stories in the Permian Basin — from a few hundred barrels per day to tens of thousands, and exits totaling over $1.1 billion.

  1. 160× Production growth
  2. $1.1B Exit value delivered
  3. 40K+ Peak BOEPD
  4. 50+ years Operating knowledge

Case Study

Point Energy Partners

Integrated development hub — Ward County, Texas

Grew the asset from 250 BOEPD on a single section to over 40,000 BOEPD at peak across 20,000 acres. Divested September 2024 to Vital Energy and NOG for $1.1B.

  1. 160× Production growth
  2. $1.1B Exit value
  3. 84 Horizontal wells
  4. 20K Acres assembled

350 acres ± in Section 51, A-1132, Ward County, Texas — Parker Facility

  • Point Energy facility overview — aerial view of Parker Facility

    Parker Facility — facility overview

  • Point Energy production hub — separators, tanks, and compressors

    Parker Facility — integrated production hub

  • Point Energy asset locator map — Ward County, Texas

    Asset locator — Ward County, Texas

Highlights

  • Grew asset to 20,000 acres and built production from ~250 boepd to ~40,000 boepd at its peak
  • Divested assets September 2024 to Vital Energy and NOG for $1.1B
  • Increased cycle times, reduced surface count, and optimized development capital by being an early mover to 15,000' laterals
  • Drilled and completed a total of 84 horizontal wells in multiple targets over a 5 year period
  • Built world-class production facilities with the ability to process 60,000 boepd
  • Optimized water handling with SWD wells and 3,000,000 bbl frac pond
Point Energy Partners — development program gross production wedge
Development Program Gross Production Wedge (Bo)

What's next

Disciplined operators, building the next chapter.

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