Sabalo Energy, LLC, with its headquarters in Corpus Christi, Texas was transferred oil & gas facilities from Oxy by Texas Commission on Environmental Quality (TCEQ) in September. The facilities include four existing batteries located in Andrews County TX, the batteries service the University field. Sabalo Energy, LLC’s operations primarily focus on upstream exploration, development, and production of unconventional oil and gas assets in premier U.S. basins.
Facility Transfer Summary
Below is an overview of Sabalo Energy operations:
1. Geographic Focus
Sabalo Energy is active in some of the most prolific U.S. basins, focusing on large-scale unconventional oil and gas plays. While specific details of the basins are not always disclosed, companies like Sabalo typically target high-yield formations such as the Permian Basin, Eagle Ford, or similar shale plays.
2. Upstream Focus
Sabalo Energy II, their upstream division, focuses on:
- Acquisition of Assets: They seek strategic acquisitions of oil and gas properties with proven reserves.
- Development of Assets: By leveraging modern drilling and completion techniques, they maximize the potential of their unconventional plays.
- Production: Their primary goal is to generate significant cash flow from oil and gas production, optimizing both new and existing wells.
3. Unconventional Oil and Gas
Sabalo’s core operations revolve around unconventional oil and gas resources, which typically require hydraulic fracturing and horizontal drilling. These techniques allow Sabalo to tap into large reserves in tight formations that were previously uneconomical with conventional drilling.
4. Service Partnerships
Sabalo works closely with a core group of trusted service companies. These partnerships help ensure efficient and cost-effective drilling, completion, and production operations.
5. Financial Strategy
Sabalo has strong relationships with financial partners that enable them to:
- Pursue acquisitions that fit their growth strategy.
- Invest in new technologies and infrastructure to improve production.
- Generate sustainable cash flows that benefit both the company and its stakeholders.
6. Sustainability and Operational Efficiency
Sabalo likely focuses on operational efficiency and sustainability, given the current industry trends. This may involve water recycling, reduced emissions, and optimal well-spacing techniques to reduce environmental impact while maximizing output.
7. Team and Expertise
The company prides itself on its team of experienced professionals, many of whom have a track record in executing successful oil and gas projects. Their leadership’s industry knowledge helps them navigate complex markets and make strategic decisions.
This overview illustrates Sabalo’s operational focus on maximizing the value of their upstream assets in unconventional plays.
