Track Record
Proven at scale across the Permian.
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 $1.6 billion.
- 160× Production growth
- $1.1B Exit value delivered
- 40K+ Peak BOEPD
- 100+ years Operating knowledge
Case Study
Point Energy Partners
Integrated development hub — Ward County, Texas
Grew the asset from 250 BOEPD on a single section to over 40,000 BOEPD at peak across 20,000 acres. Divested September 2024 to Vital Energy and NOG for $1.1B.
- 160× Production growth
- $1.1B Exit value
- 84 Horizontal wells
- 20K Acres assembled
350 acres ± in Section 51, A-1132, Ward County, Texas — Parker Facility
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Parker Facility — facility overview
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Parker Facility — integrated production hub
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Asset locator — Ward County, Texas
Highlights
- Grew asset to 20,000 acres and built production from ~250 boepd to ~40,000 boepd at its peak
- Divested assets September 2024 to Vital Energy and NOG for $1.1B
- Increased cycle times, reduced surface count, and optimized development capital by being an early mover to 15,000' laterals
- Drilled and completed a total of 84 horizontal wells in multiple targets over a 5 year period
- Built world-class production facilities with the ability to process 60,000 boepd
- Optimized water handling with SWD wells and 3,000,000 bbl frac pond
Case Study
Murchison Oil & Gas
Multi-bench Permian development — Howard & Eddy counties
Grew operated production from 800 to 16,500 BOPD over four years across the Delaware and Midland basins. 2022 recapitalization returned over 2× MOIC; divested 2024 for ~$500MM.
- 21× Production growth
- ~$500MM Divestiture (2024)
- 61 Horizontal wells
- 2×+ MOIC on 2022 recap
Acreage development — 2018 year-end versus 2024 year-end
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Howard Co. — 2018YE
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Howard Co. — 2024YE
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Eddy Co. — 2018YE
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Eddy Co. — 2024YE
Highlights
- Grew operated production from 800 bopd to 16,500 bopd at its peak in just over 4 years
- Recapitalized assets in 2022 and divested at the end of 2024 for ~$500MM after a 2022 recap that returned over 2× MOIC
- Developed 61 horizontal wells in multiple targets across the Delaware and Midland Basins
- Successfully took 6,500 acres of once edge-of-basin acreage in Howard county to a multi-bench, proven asset
What's next
Disciplined operators, building the next chapter.
For inquiries from capital partners, operators, agencies, or media, our leadership team responds directly.