Aspect Holdings is a privately held company owned and led by long-term shareholders with a consistent track record of success. We are an independent exploration and energy investment company based in Denver, Colorado and Houston, Texas. Through our affiliates and subsidiaries, Aspect engages in exploration, production, investment, and development activities in Central Europe, the Middle East, and Central and South America. Founded in 1993, Aspect was created as a company dedicated to providing consistent and exceptional executive management and technical services. Today, the corporation is called Aspect Management Corp and it employs a highly skilled group of energy exploration and development professionals, which together with legal, financial and administrative resources, provides services to the Aspect Group, other portfolio companies and independent third party entities.
Our Current Investment Priorities
Innovation Is at the Heart of What We Do
3D technology is best utilized in basins where reservoir quality and geological conditions were sufficiently complex for 3D seismic to provide a meaningful advantage, laying the foundation for the company’s business strategy. Today, Aspect holds one of the largest contiguous onshore 3D seismic databases in North America, with over 12,000 square miles of 3D seismic data covering this prolific resource base. From 1998-2010, Aspect and its partners spent ≈$940 million to drill over 525 wells. Together they recognized a success rate of 59% finding 703 Bcfe in reserves worth ≈$1.89 billion (PV10). As Exploration Operator, Aspect managed ≈$540 million in investments (cumulative with partners) to drill 347 of these wells from 1998-2015, with a success rate of 61% and 452 Bcfe in reserves worth over ≈$1.25 billion (PV10). Aspect has re-focused exploration effort back to the Gulf Coast in 2015 and is expecting an renewed exploration program in the coming years.
Experience
Aspect has successful operations across the globe, with current focus on the United States and Central Europe; specifically Gulf Coast.
Conventional
Aspect, through several subsidiaries including Aspect Energy and Aspect Resources, developed experience and expertise in a wide variety of plays in the United States. 3D seismic technology is best utilized in basins where reservoir quality and geological conditions are sufficiently complex for 3D seismic to provide a meaningful advantage, laying the foundation for the company’s business strategy. Today, Aspect holds one of the largest contiguous onshore 3D seismic databases in North America, with over 12,000 square miles of 3D seismic data covering this prolific resource base. From 1998-2010, Aspect and its partners spent ≈$940 million to drill over 525 wells. Together they recognized a success rate of 59% finding 703 Bcfe in reserves worth ≈$1.89 billion (PV10). As Exploration Operator, Aspect managed ≈$540 million in investments (cumulative with partners) to drill 347 of these wells from 1998-2015, with a success rate of 61% and 452 Bcfe in reserves worth over ≈$1.25 billion (PV10). Aspect has taken this experience and technology and has applied it to new basins outside of the continental US. Aspect is active in Central Europe, and Central and South America.
Unconventional
Aspect also participated in non-conventional resource plays in the Barnett Shale, Fayetteville Shale, Utica Shale, and Mississippi Cotton Valley sand plays. In 2008, Aspect sold a majority of the shale play acreage in two major transactions with leading companies in the shale exploration and development industry.
Company Name | Aspect Holdings, LLC |
Business Category | Oil & Gas |
Address | 1601 Wewatta Suite 600 Denver Colorado United States ZIP: 80202 |
President | NA |
Year Established | 1993 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Website | Locked content |