About Riley Permian
Reducing the environmental impact of oil and natural gas discovery on the lands in which we operate is of the utmost importance to us. Riley Permian is invested and committed to its role as steward, achieving sustainability through careful resource conservation.
We employ a disciplined approach to financial management that involves proactive cost management, capital allocation and active commodity hedging that reduces exposure to price fluctuations, protects cash flows, and maintains liquidity.
By remaining financially and operationally flexible through commodity price cycles and maintaining conservative leverage, our capital structure is designed with sufficient liquidity to enable future growth funded primarily through operational cash flow.
Our management and technical teams tap into their experiences and insights to apply unconventional techniques that maximize returns. We combine forward-looking strategies with time-honored best practices to achieve effectiveness and efficiency.
Experience in the Permian Basin
Advanced Evaluation Techniques
Low Risk Inventory
About The Permian Basin
Located across parts of West Texas and Southeastern New Mexico, the Permian Basin is currently the most prolific oil-producing area in the United States.
Approximately 75 trillion cubic feet of natural gas and 30 billion barrels of oil have been produced in the region, currently pumping at a rate of 2 million barrels per day with 55% coming from the Central Basin Platform and Northwestern Shelf where Riley Permian operates.
Estimates of the remaining oil reserves range anywhere from 43 billion to as much as 2 trillion barrels.