HighPeak Energy
HighPeak Energy is an independent oil and natural gas company based in Fort Worth, Texas, primarily operating in the Midland Basin with a focus on unconventional reserves and a strong commitment to ESG practices.
Services
HighPeak Energy specializes in the acquisition, development, and production of oil, natural gas, and NGL reserves. The company primarily focuses on unconventional oil and natural gas reserves, leveraging its expertise to operate efficiently within its service areas. HighPeak Energy’s operations are aimed at maximizing the output of oil while ensuring the responsible management and development of its resources. Additionally, HighPeak has implemented practices to minimize GHG emissions, the use of potable water, surface disturbances, and safety-related incidents.
History
HighPeak Energy was formed in 2020 through the combination of HighPeak Energy and Pure Acquisition Corporation. This merger brought together significant expertise and resources, positioning the new entity to excel in the oil and natural gas sector. Since its establishment, HighPeak Energy has focused on developing its operations primarily in the Midlands Basin, an area renowned for its high oil-in-place content and substantial existing infrastructure.
Headquarters and Locations
HighPeak Energy is headquartered in Fort Worth, Texas. The company's main offices are located at 421 W. 3rd Street, Suite 1000, Fort Worth, Texas 76102. Additionally, HighPeak Energy maintains an office in Midland, Texas, located at 303 W. Wall Street, Suite 2202. These strategic locations support the company’s operations in Howard County, Texas, within the oil-rich northeastern part of the Midland Basin.
Environmental, Social, and Governance (ESG) Initiatives
HighPeak Energy has established an ESG Committee to oversee its environmental, safety, and corporate responsibility program. The company aims to minimize GHG emissions, potable water usage, surface disturbances, and safety-related incidents. HighPeak actively participates in industry partnerships and affiliations, such as the Environmental Partnership, to promote best practices and foster a strong ESG culture.
Operational Areas
HighPeak Energy’s operations are concentrated in Howard County, Texas, within the northeastern part of the Midland Basin. The company holds over 100,000 net acres of land, with more than 90% of these areas being operated by HighPeak. The company's operational focus leverages the Midland Basin’s high oil-in-place content, stacked pay zones, and substantial existing infrastructure to produce oil and natural gas efficiently.