By operators who think like owners, and owners who understand the asset. Ninety-six years, without leaving the business.
Play extent and generalised shale thickness, after published regional studies. Western Haynesville hatched; Shelby Trough development area with Black Stone Minerals shaded. Hover any parish or county.
Boundaries: U.S. Census Bureau. Play definition: U.S. EIA. Thickness generalised; not proprietary data.Over successive funds we deployed more than $15 billion of equity and development capital, growing the platform into one of the largest private natural gas producers in the United States, at its peak supplying a meaningful share of domestic production.
We did not stop at production. We built the marketing, trading, and infrastructure businesses around it, the verticals that turn a collection of assets into a durable enterprise.
And we understood that building well is only half of the discipline. Bringing a leading strategic partner into our core Haynesville assets was not an exit. It was the realization of a thesis executed over years, at the moment of our choosing, and proof of the judgment that separates a great operator from a great investor.
We remain invested in the business we built, alongside our partners. We did not walk away from the asset; we chose who to build it with. That judgment, and the team behind it, is what we bring to what comes next.