Permitting Activity
August 24,2018 : Bluestone Natural Resources II LLC Permitted the GONZALEZ, L. 4 Vertical well in Starr,TX : August 01,2018 : Bluestone Natural Resources II LLC Permitted the REEVES AW FEE 5H Horizontal well in Reeves,TX : Permian Basin,Delaware BasinJuly 30,2018 : Bluestone Natural Resources II LLC Permitted the REEVES AW FEE 4H Horizontal well in Reeves,TX : Permian Basin,Delaware BasinJuly 02,2018 : Bluestone Natural Resources II LLC Permitted the PRICE RANCH 2 Vertical well in Pecos,TX : Permian Basin,Delaware BasinMay 03,2018 : Bluestone Natural Resources II LLC Permitted the HAL LOPENO 5 Vertical well in Zapata,TX : Click here for More Permits ActivityCompletion Activity / Well Results
August 26,2019 : Bluestone Natural Resources II LLC completed the HAL LOPENO 2 well in Zapata,TX with 0 Million lbs of proppant . The Well flowed 4 boe/d which consists of 4 Oil BOPD .January 22,2019 : Bluestone Natural Resources II LLC completed the HUCKLEBERRY 1H well in Pecos,TX with 14 Million lbs of proppant using Slick Water Frac. The Well flowed 683 boe/d which consists of 657 Oil BOPD and 148 Mcf of gas on a 6,062 foot lateral .October 15,2018 : Bluestone Natural Resources II LLC completed the HAL LOPENO 3 well in Zapata,TX with 0 Million lbs of proppant . The Well flowed 8 boe/d which consists of 8 Oil BOPD .February 15,2018 : Bluestone Natural Resources II LLC completed the PRICE RANCH 5H well in Pecos,TX with 11 Million lbs of proppant using Slick Water Frac. The Well flowed 610 boe/d which consists of 456 Oil BOPD and 895 Mcf of gas on a 5,642 foot lateral .February 14,2018 : Bluestone Natural Resources II LLC completed the HAL LOPENO 1 well in Zapata,TX . The Well flowed 68 boe/d which consists of 46 Oil BOPD and 0.125 MMcf of gas . Click here for More Completion ActivityLatest News & Activity
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Crestwood, BlueStone Ink Long-Term Gas Processing DealApril 07,2016
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Bluestone Acquires Quicksilver Resources Assets January 29,2016
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Quicksilver Auctions Barnett, Delaware Basin AssetsJanuary 25,2016
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Eaglebine Shale Operator To Drill Eight WellsJanuary 01,2013
Deals - Bluestone Natural Resources II LLC Acquisitions
Announce Date | Price($MM) | Region/Basin | Headline | |
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Jan-29-2016 | Permian,Mid-Continent | Bluestone Acquires Quicksilver Assets; Barnett & Permian | ||
Dec-26-2012 | Bluestone Natural Resources Lists Recent Acquisitions | |||
Total |
About
Headquartered in Tulsa, Okla., BlueStone Natural Resources II is a private, upstream oil and natural gas acquisition and development company. Starting with property analysis, our efficiency and honesty in evaluating acquisitions and building relationships with landowners sets us apart.
Our 160 employees and more than 500 industry partners contribute to a business with more than 2,000 operations, plus active wells. Growth has been steady and carefully orchestrated. AXIO Natural Resources was the first company formed in the BlueStone franchise. AXIO sold to Chesapeake Energy in 2006 for $145 million, ultimately achieving an 8.7x gross ROI.
In 2006, fresh off the sale of AXIO, most of the AXIO team joined BlueStone Natural Resources. BlueStone deployed $89 million of equity capital from management and Natural Gas Partners Fund VIII to complete more than 60 proprietary acquisitions and develop a portfolio of long-lived oil and gas assets in South Texas and East Texas. BlueStone generated more than a 3.3x gross ROI for its investors after it exited in 2012.
In 2012, the BlueStone team created BlueStone Natural Resources II with a $115 million commitment from management and Natural Gas Partners Fund X. From 2012-2015, BlueStone II completed more than 40 transactions, amassing ownership in more than 1,000 wells located in South Texas and the Barnett Shale plays. In 2016, BlueStone II raised an additional $331 MM from NGP Funds X and XI to fund the acquisition of Quicksilver Resources Inc. US oil and gas assets. BlueStone is continually adding to its portfolio with further acquisitions in its core areas.
Suite 200
Tulsa TX 74114
Basin |
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DELAWARE BASIN |
FORT WORTH BASIN |
GULF COAST BASIN |
Personnel (2 people)
Director, Business Development
- Phone : -
Vice President - Land
- Phone : -
Frist Name | Last Name | Title | Phone | |
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Bill | McLaughlin | Director Business Development | bmclaughlin@bluestone-nr.co | 918-392-9200 |
Ken | Gibson | Vice President - Land | kgibson@bluestone-nr.com | 918-392-9200 |
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- Crestwood, BlueStone Ink Barnett Gas Processing Deal
Quicksilver Auctions Barnett, Delaware Basin Assets
- BlueStone Natural Resources Stays Focus on Eaglebine in 2013
Company Acquisitions
Announce Date | Seller | $MM | Type | Play/Location | Details |
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Jan-29-2016 | Property | Barnett Shale,Permian Basin | |||
Dec-26-2012 | Property | Barnett Shale |