Who We Are

We are VTX Energy Partners, a privately-owned oil and gas company. Our primary focus is on the evaluation, acquisition and development of significant asset positions in the US lower 48.

VTX was formed in partnership with Vitol and built on a foundation of success over two decades in three prior businesses, ATX Energy Partners, Brigham Resources and Brigham Exploration. At present, our focus is in enhancing and growing our sizable asset position in the southern Delaware Basin.

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Our Team

Gene Shepherd

Gene Shepherd is a founder and the Chief Executive Officer of VTX Energy Partners, LLC.

Gene Shepherd
CEO

Erik Hoover

Erik Hoover is a founder and Chief Operating Officer at VTX Energy Partners, LLC.

Erik Hoover
President & COO

Graham Bayley

Graham Bayley is a founder and the Chief Financial Officer of VTX Energy Partners, LLC.

Graham Bayley
CFO

Richard Winchester

Richard Winchester is a founder and currently serves as EVP of Land for VTX Energy Partners, LLC.

Richard Winchester
EVP – Land

Matt Weber

Matt Weber is a founder and currently serves as Executive Vice President of Engineering of VTX Energy Partners, LLC.

Matt Weber
EVP – Engineering

Jen Harold

Jen Harold is a founder Executive Vice President of Production Administration.

Jen Harold
EVP – Production Administration

Jamie Mackie

Jamie Mackie is a founder and the Vice President of Geology at VTX Energy Partners, LLC.

Jamie Mackie
VP – Geology

Matt Weber

Matt Weber is a founder and currently serves as Executive Vice President of Engineering of VTX Energy Partners, LLC.

Matt Weber
EVP – Engineering

Jen Harold

Jen Harold is a founder Executive Vice President of Production Administration.

Jen Harold
EVP – Production Administration

Jamie Mackie

Jamie Mackie is a founder and the Vice President of Geology at VTX Energy Partners, LLC.

Jamie Mackie
VP – Geology

Our History

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1990-2006
Focused on 3-D seismic exploration across the US

2006
Shifted focus to resource plays in the US, ultimately targeting and becoming one of the early pioneers in the Williston Basin in North Dakota

2006-2011
Assembled 376,000 net acres in the Williston Basin, drilling over 100 wells targeting the Bakken and Three Forks formations

November 2011
Sold company to Statoil for $4.4 billion

April 2013
$650 million initial funding commitment from Warburg Pincus, Pine Brook Road Partners and Yorktown Partners

November 2013
Acquired 43,500 net acres in an underexplored area of the southern Delaware Basin

2014-2016
Delineated and developed southern Delaware Basin asset by drilling 50 wells targeting Wolfcamp and Bone Spring shales, growing position to 80,000 net acres by year end 2016

February 2017
Sold company to Diamondback Energy for $2.6 billion

December 2017
$780 million initial funding commitment from Warburg Pincus, Pine Brook Road Partners and Yorktown Partners

January 2018
Acquired 44,500 net acres in an underexplored area of the Powder River Basin in Wyoming, growing position to 105,000 net acres by year end 2018

2019
Drilled 4 exploration wells targeting Mowry and Niobrara shales in the Powder River Basin

2020-2022
Shifted focus away from exploration to development in response to market conditions

February 2022
$1 billion initial funding commitment from Vitol

March 2023
Acquired 40,000 Boe/d and 35,000 net acres in the southern Delaware Basin

July 2023
Acquired 4,000 Boe/d and 12,000 net acres in the southern Delaware Basin

2023 and Beyond
Develop 47,000 net acre southern Delaware Basin asset with multi-rig program, targeting Wolfcamp and Bone Spring shales

Our Values

Over the years, the VTX management team has relied on a core set of guiding principles to deliver superior operating results and returns.

Manage our business to grow and maximize equity value as a long term owner

Allocate capital based on the deep knowledge of our technical staff and data driven solutions, in partnership with our operating and financial partners

Encourage a culture where our team members are valued, challenged and encouraged to creatively problem solve

Use sustainable business and environmental practices that reflect our operating philosophy as a long term owner

Support local initiatives and organizations to positively impact communities where we live and work