Operator-Led Upstream Development · Dallas, TX

Disciplined Operators. Scalable Development. Proven Outcomes.

  • 160× Production growth
  • $1.1B Exit value delivered
  • 40K+ Peak BOEPD
  • 100+ years Of operating knowledge

Who We Are

Operators building durable upstream value.

Strata Energy Partners is an oil and gas operating company focused on acquiring, developing, and scaling high-quality assets with disciplined capital allocation and operational rigor.

Our team brings decades of experience building value across the full upstream lifecycle — from land acquisition and reservoir development to large-scale exits.

We pursue opportunities where technical insight, operational execution, and capital discipline intersect.

What We Do

Scalable acquisition and development.

Strata Energy Partners acquires and develops oil and gas assets with a focus on scalable core positions, repeatable development programs, controlled costs, and multiple paths to value.

  1. Centralized production facility — aerial view

    Scalable core positions

    Building acreage that compounds — contiguous units, runway for multi-rig development, room to grow without re-underwriting the thesis.

  2. Multi-well pad — repeatable development program

    Repeatable programs

    Data-driven development pacing. Each well informs the next. Variance lives in the geology, not the execution.

  3. Centralized infrastructure — integrated water and production handling

    Controlled costs

    Centralized infrastructure, disciplined procurement, and a fixed-cost base sized for the next phase, not the last one.

  4. Capital allocation — processing and efficiency

    Multiple paths to value

    Phased development creates optionality at every milestone — accelerate, hold, recap, or exit on terms.

Our approach prioritizes execution first, with expansion driven by performance and economics — not speculation.

Our Strategy

Three pillars, executed in sequence.

Phased acquisition, integrated development, capital discipline. The order matters — each pillar earns the next.

  1. Phased Acquisition & Development — multi-well pad

    Phased Acquisition & Development

    We begin with a defined core position that supports near-term development and cash flow, while retaining the ability to expand acreage at attractive pricing as opportunities emerge. This approach reduces upfront risk while preserving long-term upside.

  2. Integrated Development — centralized infrastructure

    Integrated Development

    Centralized facilities, optimized water handling, and modern well design improve cycle times, reduce surface footprint, and maximize capital efficiency — strategies proven at scale in prior ventures.

  3. Capital Discipline — processing and efficiency

    Capital Discipline

    Capital deployment is deliberate, measurable, and aligned with execution milestones. Fixed costs are controlled, development pace is informed by data — not momentum.

Track Record

Proven at scale across the Permian and beyond.

Members of the Strata team have played leading roles in some of the most successful development stories in the Permian Basin — from a few hundred barrels per day to tens of thousands, and exits totaling over $1 billion.

  • Growing production from a few hundred barrels per day to tens of thousands of BOEPD
  • Executing multi-year, multi-rig development programs
  • Building world-class production and water infrastructure
  • Delivering successful exits totaling over $1 billion through strategic sales and recapitalizations

Read about our Track Record →

  1. 2018–2024

    Murchison Oil & Gas

    Grew operated production from 800 to 16,500 bopd. 61 horizontal wells across the Delaware and Midland basins. 2022 recap returned over 2× MOIC; divested 2024 for ~$500MM.

  2. 2019–2024

    Point Energy Partners

    Grew the asset to 20,000 acres and 250 → 40,000+ BOEPD at peak. 84 horizontal wells over five years. Divested September 2024 to Vital Energy and NOG for $1.1B.

  3. 2024

    Exit

    Two divestitures inside a single calendar year. Combined value over $1.6B realized across the prior operating chapters.

  4. 2025—

    Strata Energy Partners

    Same operating team, same playbook, new vehicle. Dallas-headquartered upstream operator returning to the work it has been doing for over a century.

Executive Team

The operators behind the playbook.

Our multidisciplinary team brings decades of experience across the full upstream lifecycle — from land acquisition and reservoir development to large-scale exits.

  • Victor Figueroa

    Victor Figueroa

    President — CEO

    Led Point Energy Partners from 250 to 40,000+ BOEPD and $80M to $1.1B exit (acquired by Vital Energy, 2024). Career across oilfield services and E&P spans Latin America and the United States.

    Read more

  • Nathan Roberts

    Nathan Roberts

    SVP — CFO

    Focused on asset selection, transaction structuring, and portfolio-level decision-making to optimize risk-adjusted returns. Key role in scaling high-quality assets.

    Read more

  • Garrett Jeffery

    Garrett Jeffery

    SVP — Reservoir / BD

    Technical leader integrating geology, reservoir modeling, and production data to inform development decisions.

    Read more

  • Chris Savage

    Chris Savage

    SVP — Geology

    Expert in unconventional resource plays, geologic mapping, multi-rig drilling campaigns, and acreage evaluation. Instrumental in scaling Point Energy Partners production from 4,000 BOEPD to over 40,000 BOEPD at its peak.

    Read more

Why Strata

Operator-led. Repeatable. Aligned. Scale-ready.

  1. Operator-led

    Decisions are driven by people who have built and run assets — not just modeled them.

  2. Repeatable playbook

    Proven development strategies applied with discipline. Variance lives in the geology.

  3. Alignment

    Capital is deployed alongside execution, with incentives tied to long-term outcomes.

  4. Scale-ready

    Infrastructure, teams, and systems designed to grow without losing control.

Investment Philosophy

Durable value, created on purpose.

We believe durable value in upstream energy is created with discipline — in acquisition, development, scaling, and exit.

  1. Acquiring fields with potential
  2. Developing deliberately
  3. Scaling intelligently
  4. Exiting opportunistically

Strata Energy Partners exists to execute that philosophy — consistently and responsibly.

Get in Touch

Inquiries from capital partners, operators, agencies, and media.

For inquiries from capital partners, operators, agencies, or media, please use the form below. A member of our leadership team will respond directly.