Lakewood Energy 

Website

Website

Address

5900 BALCONES DR STE 100
AUSTIN, TX
78731-4298

Phone

Company Description

Lakewood Energy is a Texas based the operator of choice within the prolific Permian Basin drilling in the Wolfcamp formation. Joe Moidel founded Lakewood Energy in 2020 and serves as President and CEO. Lakewood Energy drills core Permian Basin assets with appropriate development parameters to maximize value for our stakeholders.

Operations

Wolfcamp formation extends across the Delaware Basin, Central Basin Platform, and Midland Basin—the three sub-basins that comprise the Permian Basin. The Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Crude oil production in the Wolfcamp accounts for nearly one-third of total Permian crude oil production and more than one-third of Permian natural gas production.