Denver-Julesburg (DJ), East Texas, Gulf Coast, Hugoton, Permian, Powder River, Uinta, Wind River, and Williston Basins, to name a few.
In 2005, I served as Division Land Manager for EOG Resources’ (EOG) Appalachian operations in Pittsburgh. There I led the development of EOG’s Marcellus Shale assets. In 2006, I was a Division Land Manager in EOG’s Barnett Shale operations in Fort Worth. Then in 2008, I moved on to the Forestar Group (FOR) to build and lead Forestars’ oil and gas operating segment, serving as chief oil and gas officer and executive vice president. While there, I also served on the oil and gas and real estate investment committees, evaluating opportunities and making recommendations for acquisitions and investments. And I have experience in oil and gas land work, engineering, geology, geophysics, and operations. I know the players. I love the business. And I love to share my experiences. For my latest trip, I decided to head to Alpine after attending the February North American Prospect Expo (NAPE) in Houston. It’s a gathering of about 20,000 oil and gas dealmakers. Everybody was selling something... whether they were from the Marcellus Shale in Pennsylvania, the Bakken in North Dakota, or the Wolfberry in Texas’ Permian Basin. There was even a row of international discoveries on display. I looked at an offshore deal in the Mediterranean, off the coast of Israel. The idea of visiting the Mediterranean was enticing. But the deal was just too tough. The numbers didn’t make sense. I’ve even owned my own oil and gas company.
Everyone at NAPE was talking about the Alpine High discovery. I had to see it for myself.
Alpine High is owned by the big independent oil producer Apache (APA).
How a $19 billion oil company with Texas roots kept this project a secret as long as it did, I’ll never know. But for three or four years, Apache had been hard at work. Quietly using lease brokers, it bought
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