U.S. Energy Development Corporation is among a unique group of established independent oil & gas companies within North America. Since the early 2000's, U.S. Energy has deployed more than $725 million in investor capital and has invested, operated, and/or drilled more than 3,000 wells throughout 12 states and Canada. The company has successfully achieved a 98% drilling completion ratio. In addition to an experienced staff, U.S. Energy partners with industry-leading consultants with hands-on experience in multiple areas of operation. These consultants often provide the company with independent 3rd party geologic and engineering reviews; an invaluable tool when making investment decisions.
Company history:
•Founded in 1980; started as an Appalachian based operator.
•Currently operate in Texas, Oklahoma, New York and Pennsylvania.
•65+ Employees with expertise in geology, engineering, finance, land leasing, legal, sales & marketing, investor services, acquisition & divestitures, accounting, purchasing, human resources, information technology and field operations.
•Ownership interests in 2,500+ oil & natural gas wells located throughout multiple oil & gas formations..
•Industry leader in direct investment programs.
