Disclaimer: this article is a plain text version of an article authored by Matthew Iak, Executive Vice-President of U.S. Energy Development. The original version was published in Jan.-Feb. 2023 issue of OILMAN Magazine and can be accessed by following this link (requires subscription). As a privately held upstream exploration and production (E&P) company in the […]
(ARLINGTON, TEXAS) – Dec. 20, 2022 – U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, completed its Rio Hondo 3-Well pad this quarter. U.S. Energy worked alongside Midland-based Atlantic Energy Partners, LLC to identify and complete the project. Located in western […]
ARLINGTON, Texas- U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America announces the addition of Aaron Thesman to the company’s Legal Department. Thesman has more than 20 years of in-house corporate and law firm experience. His experience includes providing strategic guidance on various commercial, ESG, litigation and […]
As an upstream player in the oil and gas industry, it is common to conduct a full review of the previous year’s activities and review how various market forces and policies affected the company. As a privately held exploration and production firm, U.S. Energy engages in a thorough strategic planning process prior to committing to […]
U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) firm today announced Alisha Waring joins as the Vice President of Human Resources (HR). Reporting directly to the CEO, Waring will be responsible for recruiting and retaining top talent, organizational policy, workforce planning, development and implementation of culture initiatives, performance, and benefits. Waring brings more than a […]
Arlington-based US Energy Development Corp. has been racking up Permian Basin assets over the last couple of years, and the region is a bright spot for the company. “Two-thirds of our budget will be allocated to the Permian Basin over the next two to three years,” said Jordon Jayson, chairman of the board and chief […]
Matthew Iak, Executive Vice President of U.S. Energy Development Corporation, reasons that escalating global energy needs will require that all forms of power production be brought into the energy mix for the foreseeable future —and that policy makers and investors should stop regarding various forms of energy as competing against one another. During this episode […]
Over the past two decades, a cascading series of global studies, white papers and United Nations development goals has led to the adoption of long-term benchmarks for corporate environmental, social and governance (ESG) initiatives. The combination of these sustainable development targets helped kick-start a movement that’s swiftly become a dominant factor in the financial investment […]
(ARLINGTON, TEXAS) – Oct. 25, 2022 – U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, has announced a joint acquisition with EagleRidge Energy LLC. Under the new joint venture agreement, the companies plan to drill up to 12 horizontal wells over […]
Since 1980, U.S. Energy has invested in, operated, and/or drilled more than 2,400 wells in 13 states and Canada; deploying over $1.5 billion on behalf of our partners.
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