About Djr energy, llc
DJR Energy, LLC: A Premier Upstream Oil and Gas Company
DJR Energy, LLC is a private upstream oil and gas company that has established itself as a premier operator in the San Juan Basin, New Mexico. With its technical expertise and strong financial partnerships, DJR Energy has built an impressive portfolio of assets that includes over 100,000 net acres of leasehold in the San Juan Basin.
The company's focus on operational excellence has enabled it to achieve consistent production growth while maintaining a low cost structure. DJR Energy's success is driven by its commitment to safety, environmental stewardship, and community engagement.
History
DJR Energy was founded in 2012 by David R. Johnson with the goal of building a premier operated position in the San Juan Basin. Mr. Johnson had previously served as President and CEO of Burlington Resources Inc., where he oversaw the company's growth from $1 billion to $20 billion in market capitalization.
Under Mr. Johnson's leadership, DJR Energy quickly established itself as a leading player in the San Juan Basin through strategic acquisitions and organic growth. Today, DJR Energy is recognized for its technical expertise and operational excellence.
Operations
DJR Energy operates primarily in the San Juan Basin located in northwestern New Mexico. The basin covers approximately 7,500 square miles across four counties: Rio Arriba County, Sandoval County, San Juan County, and McKinley County.
The basin contains significant reserves of natural gas and oil that are trapped within tight sandstone formations at depths ranging from 5,000 to 15,000 feet below ground level. These formations require advanced drilling techniques such as horizontal drilling combined with hydraulic fracturing (fracking) to extract hydrocarbons economically.
DJR Energy employs state-of-the-art technology to maximize production while minimizing environmental impact. The company uses closed-loop systems for drilling operations that reduce water usage by up to 90% compared to traditional methods.
In addition to its core operations in the San Juan Basin, DJR Energy also holds interests in other producing basins across North America including Texas' Permian Basin; Oklahoma's Anadarko Basin; Louisiana's Haynesville Shale; Wyoming's Powder River Basin; Colorado’s Denver-Julesburg (D-J) basin; Montana’s Williston basin; North Dakota’s Bakken shale play among others.
Financial Partnerships
One key factor behind DJR Energy's success is its strong financial partnerships with leading institutional investors such as Warburg Pincus LLC., Quantum Partners LP (a fund managed by Soros Fund Management), Blackstone Group Inc., Kayne Anderson Capital Advisors LP among others who have provided significant capital commitments enabling it grow rapidly over time..
These partnerships have allowed DJR energy access capital needed for exploration activities which can be expensive due high costs associated with drilling wells deep into earth crusts where hydrocarbons are found.
Community Engagement
At DJR energy we believe our social license-to-operate comes from being good neighbors who respect local communities’ values while providing economic benefits through job creation opportunities or tax revenues generated from our operations..
We work closely with local stakeholders including landowners , tribal governments , non-governmental organizations (NGOs), regulators among others ensuring we operate responsibly while minimizing any negative impacts on environment or communities around us.
Conclusion
In conclusion,DJR energy stands out amongst other upstream oil & gas companies due their technical expertise coupled with strong financial backing which enables them execute their strategy effectively.. Their commitment towards safety ,environmental stewardship & community engagement sets them apart from competition making them an attractive partner for investors looking invest long-term basis..