BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 3.Feb.2025) — US Energy Development Corporation (USEDC) plans to deploy up to $1bn during 2025, primarily in the Permian Basin on operated and non-operated oil and gas projects.
USEDC expects the Permian will remain the primary focus of its investment in 2025 largely owing to the economics of drilling and operating wells in the basin, the company said 3 Feb. 2025 in an official statement.
“We have built a strong track record of sourcing and transacting on high-quality opportunities, and our ability to deploy capital efficiently continues to drive strong results,” USEDC chairman and CEO Jordan Jayson said in the statement.
“Our approach remains the same — we will continue to evaluate opportunities that align with our disciplined investment strategy and deliver value to our partners. With a strong foundation and a targeted approach, we are well-positioned to build on our momentum entering 2025,” said Jayson.
Jayson said USEDC’s long-term acquisition and production strategies continue to generate solid performance across a portfolio of over 2,000 wells.
Record-breaking 2024 for USEDC
In 2024, USEDC deployed nearly $800mn into operated and non-operated projects. During 2024, USEDC evaluated more than 220 opportunities and completed 29 transactions, both increases compared to 2023 totals.
USEDC improved cost efficiency, seeing reductions in cost per lateral foot while maintaining strong productivity. In 2023, USEDC closed 19 transactions and deployed nearly $600mn, most in the Permian, with other projects in the Barnett, Haynesville, and Powder River basins, the company said in the statement.
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By Steve Stewart reporting from Baton Rouge. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
