Bryce Erickson, ASA, MRICS, senior vice president, was quoted in the D CEO Magazine article, “Eureka! A New Energy Boom is taking Hold in Texas, From the Permian Basin to Dallas’ Crescent Court.” The article provides a macro overview of how the Permian Basin has energized the Dallas Fort-Worth area.
North Texas is home to 21 of the country’s 132 publicly traded oil and gas companies, several of these companies are on the leading edge of innovation. Pioneer Natural Resources, located in Fort Worth, is one of many of local players that developed well enhancements to improve fracking efficiency in the Permian. Bryce comments on these modern-day innovators:
“What you see in hydraulic fracturing is that the craft continues to improve…” says Erickson, “whether it’s the ‘zipper’ or the ‘Texas two-step,’ what you see are different frack combinations to increase efficiency.”
Bryce Erickson has been involved with hundreds of valuation and related engagements since his entry into the valuation profession in 1998. These engagements have been conducted for the purposes of mergers and acquisitions, buyouts, buy-sell agreements, financial reporting, estate and gift taxes, allocation of purchase price, litigation support, financing, and business planning.
Mercer Capital covers the Permian Basin, along with the Bakken, Eagle Ford, and Marcellus and Utica on our blog Energy Valuation Insights. In addition, our quarterly newsletter provides an overview of the oil and gas industry through commodity pricing, a regional focus, and public market performance.
