REI Energy1901 N Central Expy, Suite 300 , Richardson, Texas, United States
Since Feb, 2019
REI Energy, LLC (“REI”) is a privately owned oil and natural gas exploration and production company headquartered in Richardson, Texas. We specialize in the acquisition, development, and management of conventional and unconventional oil and gas properties. Since 1987, REI and its affiliates have sponsored more than 100 partnerships that have collectively acquired interests in over 2,000 producing oil and gas wells and have participated in the drilling of more than 700 wells. Our portfolio currently includes oil and natural gas assets North Dakota, Texas, Oklahoma, Louisiana, New Mexico, and California (among other states). The diversity of our asset portfolio reflects the breadth of experience and skill set of our staff and executive team. Through REI sponsored partnerships, we acquire, develop and manage both non-operated and operated oil and gas properties. The oil and gas properties owned by REI sponsored partnerships are currently located in the major onshore producing basins of the United States. However, REI affiliates also have experience in Argentina, Canada, and offshore in the Gulf of Mexico. Our diverse and highly skilled workforce consists of experienced geologists, engineers, accountants, attorneys and landmen. These highly trained industry veterans have more than 30 years average experience. We have knowledge and contact networks necessary to source, evaluate, acquire and operate projects to their greatest potential. REI is committed to providing our equity-based partners with sound oil and gas investment opportunities. We continuously search for new opportunities for our investors that meet our strict acquisition criteria. We evaluate all prospective property acquisitions based on their oil and natural gas producing potential and all acquisitions are thoroughly vetted by our team. Acquisition decisions are based on our stringent engineering, geologic, financial, legal and land review. The properties we acquire and develop must have the potential for profitability and we look for indicators including established production histories, longevity, and upside potential. In addition, REI partners with established and proven operators, include such companies as: EOG Resources, ConocoPhillips, Hess, Whiting Oil and Gas, Marathon Oil Corporation, and XTO Energy.
Our Executive team consists of leaders that are dedicated and committed to providing investors with energy investment opportunities that will have the potential to generate successful results. We have developed an impeccable reputation for our commitment to quality investment programs and provide the highest level of service to our investors.
Areas of Operation
REI sponsored partnerships collectively own interests in over 1,000 oil and natural gas wells in the continental United States. Our areas of activity include Bakken and Three Forks areas in North Dakota, the Eagle Ford Shale in South Texas, the Permian Basin in West Texas and Southeast New Mexico, and the Mid-Continent Region in Texas and Oklahoma. Currently, our core area of activity is concentrated in the Bakken and Three Forks areas in North Dakota (the “Bakken”). REI has made several large acquisitions in the Bakken and managed Bakken assets for many years now. Choosing REI as your partner means choosing a company that has a solid history and deep understanding of one of the most active unconventional plays in the United States. REI expertise in the Bakken is backed by our current activity, which includes sponsoring and managing partnerships that currently own over 800 producing wells in the region and have participated in the drilling of over 600 Bakken wells.
Evaluating Properties
REI’s professional staff consists of experienced geologists, engineers, accountants, attorneys and landmen. Collectively, they have over 30 years of average experience. REI’s staff possesses the knowledge and experience necessary to source and evaluate prospects from a diverse number of geographical regions. Currently, REI’s efforts are focused in the Bakken and Three Forks areas in North Dakota, the Eagle Ford Shale in South Texas, the Permian Basin in West Texas and Southeast New Mexico, and the Mid-Continent Region in Texas and Oklahoma. We evaluate all prospective acquisitions on the basis of their oil and natural gas producing potential. Key screening criteria include:
Company Name | REI Energy |
Business Category | Renewable Energy |
Address | 1901 N Central Expy Suite 300 Richardson Texas United States ZIP: 75080 |
President | NA |
Year Established | 1987 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
- Oil Production
- Gas Production
- Oil Exploration
- Gas Exploration