Steward Energy Spuds First Well

Rig for first well (night)

Steward Energy, LLC has contracted Western Drilling rig #6 and successfully spud its first well. The Ligon Ranch State 22 #3, located in northeast Reeves County, is permitted to 12,250’ and will target a vertical completion in the 3rd Bone Spring and Wolfcamp formations in the Wolfbone (Trend Area) … [Read more...]

Steward Energy Acquires Producing Oil and Gas Properties

Steward Energy, LLC closed an acquisition of producing oil and gas properties in Reeves County Texas. The sellers were Watson Packer Employee Fund and Three-B Oil Company of Monahans & Midland Texas respectively. Steward has acquired eleven oil wells producing from shallow Delaware … [Read more...]

Steward Energy Receives Capital Commitment

Steward Energy, LLC has received a capital commitment from NGP X US Holdings, LP, the latest oil and gas investment fund from Natural Gas Partners, and several other investor/partners. Natural Gas Partners is the premier provider of private equity for the oil and gas industry with other $10.5 … [Read more...]

Steward Energy Signs First Lease

Steward Energy, LLC is pleased to announce the acquisition of its first oil and gas mineral lease. The lease covers 1,026 gross and net mineral acres in northeast Reeves County and includes a negotiated option for an additional 400 gross and net acres in the area pending additional funding. The … [Read more...]

Steward Energy is Founded

Lance Taylor & William (Tom) Madison have formed a new oil and gas Exploration and Production Company called Steward Energy, LLC. Steward is dedicated to “principled petroleum” development, and will conduct its business on the Biblical teachings of stewardship. Taylor and Madison strongly … [Read more...]