Discovery Natural Resources

Website

Address

410 17TH St Ste 900

Denver, CO 80202

United States

Phone

(303) 893-5073

Company Description

Discovery Natural Resources LLC is a private oil and gas company headquartered in Denver, CO. Discovery is focused on the acquisition, development and exploration of oil and gas properties in the Permian Basin. Since its inception over a decade ago, Discovery has assembled nearly 150,000 net acres in West Texas.

Discovery targets opportunities that increase in value through development drilling and lease consolidation. Its strategy is to purposefully grow its asset base for long-term development and production.

Discovery produces over six million barrels of oil equivalent annually operating more than 1,000 wells. Its portfolio and operations have expanded significantly since 2003, investing in new projects, building infrastructure and developing existing leases.

Operations

Discovery Natural Resources commenced operations in 2003 in Utah. Since then, the company identified and executed grass roots exploration projects and tactical acquisitions in Texas, Oklahoma, Colorado, and Kansas. Discovery’s current leaseholds consist of nearly 150,000 net acres in Texas. Technology and internal expertise have been critical to the success of the company’s initiatives.

Reagan County, TX ranks #12 in the state for BOE produced in the most recent month (Jun 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 10,901 wells that have been drilled from Jan 1993 to Jun 2022.

Irion County, TX ranks #30 in the state for BOE produced in the most recent month (Jun 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 4,771 wells that have been drilled from Jan 1993 to Jun 2022.