VISIONARY TRAILBLAZERS IN UPSTREAM ENERGY
A Team Poised To Take On Operational Challenges
Black Mountain Oil & Gas is a private, entrepreneurial upstream oil and gas company with extensive experience in sourcing, developing, and operating properties in hydrocarbon-rich basins across the lower 48 states and beyond. Thanks to our strong financial backing, we are able to evaluate a wide range of opportunities. This provides us with the agility to create value in the oilfield, whether through exploration, aggressive acquisition stages, or drill-bit-ready opportunities.
OUR TEAM
Consisting of 20+ full-time upstream professionals from leading independent oil and gas companies, our team brings together a combined 127+ years of engineering experience and 99+ years of geoscience experience. With a high degree of expertise in horizontal drilling, they also possess an extensive understanding of operational efficiencies as well as the latest technologies. Furthermore, our team has collectively evaluated more than $25 billion in exploration and production acquisition and divestiture, drilled approximately 3,100 horizontal wells, and supervised the production and geological analysis of an additional ~19,600 horizontal wells.
OUR TEAM
Consisting of 20+ full-time upstream professionals from leading independent oil and gas companies, our team has a combined 127+ years of engineering experience and 99+ years of geoscience experience. They have a high degree of expertise in horizontal drilling and an extensive understanding of operational efficiencies and the latest technologies. Our team has collectively evaluated >$25 billion of exploration and production acquisition and divestiture, drilled ~3,100 horizontal wells, and supervised the production and geological analysis of an additional ~19,600 horizontal wells.
OUR FOCUS
"To develop detailed subsurface expertise and create sustainable, repeatable results.”
Our hands-on team and strong financial backing allows us to nimbly pursue broad opportunities and assemble asset portfolios that include both legacy cash flow and upside potential.
OUR FOCUS
"To develop detailed subsurface expertise and create sustainable, repeatable results.”
Our hands-on team and strong financial backing allows us to nimbly pursue broad opportunities and assemble asset portfolios that include both legacy cash flow and upside potential.
A HISTORY OF BUILDING VALUE
From 2008 to 2012, the Black Mountain team leased and sold over 200,000 net acres in emerging shale plays, building up a knowledge base that led to its first $150 million equity commitment with Natural Gas Partners (NGP) in February 2016.
In just sixteen months, BMOG built a core position in the heart of the Northern Delaware Basin, aggregating a significant ownership block through 40 separate transactions; this ~18,000-net acre portfolio featured significant running room across six de-risked zones with up to 10 target benches in approximately 5,000 feet of stacked pay.
In March 2017, Black Mountain Oil & Gas sold this initial NGP-backed Permian Basin-based asset portfolio to Marathon Oil for $700 Million. Read here.
OUR VALUES
GO BOLDLY
When you make bold steps or shift your perception, you gain a fresh outlook. This unites our culture around the idea that nothing should be accepted at face value – large or small.
Our drive to innovate permeates from the inside out, instilling confidence that with Black Mountain, there is a more thoughtful solution.
We never listen those who say ‘you’re taking too big of a chance’ or the voice of fear that may lay inside. Confidence is the glue that keeps it all together. But never arrogance. We never intend to “impress”, but to “impress upon”.
EMBRACE AUTHENTIC CHANGE
Be aware of new risks but also of opportunities arising from new ideas. Ask yourself, “What If?”
We believe progress requires continual agility and responsiveness. Our skill and potential are not carved in stone – for our company or our people. We readily adapt and respond through application and experience.
And as the brand grows and evolves, it must do so in ways that are genuine, trustworthy, and intelligent. With these established, we welcome emerging concepts and forge full steam ahead.
CHAMPION UNYIELDING PERSISTENCE
What sets us apart from others is our sheer amount of focus.
We continually think outside of the box and push our comfort zone. This doesn’t mean we never hit snags.
We just never quit.
Instead of justifying to resign, we remain focused. We persistently move forward and surround ourselves with ambitious, inspirational, and experienced individuals to share our journey.
DO THE RIGHT THING
Through four generations in the energy business, we have placed the importance of our character ahead of any deal. Always.
We continually strive to cultivate a space that encourages integrity, transparency, communication, safety, and accountability. We believe we can move mountains, though not to the exclusion of compassion and cooperation.
As we Go Boldly, we remain mindful of the human implications of our work. We want to improve as a whole – building and empowering a better, more sustainable world – as a company, peer, partner, and friend. Because the way we work is as important as the work itself.