Oil & Energy - Houston, Texas, United States
RELENTLESS - AN ENERGY COMPANY APPLYING TOP TIER TALENT, PROVEN TECHNOLOGY AND RELENTLESS ENERGY TO NEGLECTED ASSETS. Relentless is an integrated team of high performing individuals assembled to build value through the acquisition, development and divestment of Conventional Gulf Coast assets. The company was founded in 2013 and is based in Houston, Texas. The Management Team has over 81 years of proven success in exploration and production and capital management at privately held energy start-ups, major E&P companies, an energy regulatory agency, and large financial management firms. Partners have long-standing relationships and shared tenures at Newfield and Arena Energy. Relentless plans to apply tactics from past successes including: • Identify and develop low resolution, bypassed pay zones and infill drilling opportunities • Enhance recovery through well intervention and stimulation • Install and optimize artificial lift • De-bottleneck facilities and minimize water disposal cost • Leverage access to extensive network of specialists outside our core strengths • Outsource non-core activities. Our preferred assets possess these characteristics: ▪ Proved hydrocarbon systems ▪ Abundant well control ▪ Conventional sandstones ▪ Stacked reservoirs ▪ Shallow depths (typically less than 7000') ▪ Potential for value creation in areas including:• Low resolution / bypassed pay • Well down-spacing • Water disposal enhancement • Facility de-bottlenecking • Artificial lift installation / optimization • Skillful regulatory and land management
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