Oil and Gas
Our small group of oil and gas professionals has nearly 400 combined years of experience in our related fields of expertise:
Land – Negotiation and Administration
Technical – Geology and Geophysics, Prospect Generation
Support – Accounting, Data Management, GIS Applications
We perform the following functions:
- Manage and maximize the value of the oil and gas rights owned by Weyerhaeuser in over 7 million net mineral acres in the United States. We currently have over 1,000 producing oil and gas wells across our ownership.
- Evaluate mineral potential with our extensive technical database, including 2D and 3D seismic and geologic data sets.
- Market exploration and development opportunities to targeted customers.
- Lease operating rights to qualified oil and gas companies. We negotiate and structure win-win deals. And we administer the oil and gas leases and agreements.
- Consider equity participation depending on risk.
- Maintain GIS databases across our ownership.
- Account for production, revenue and expenses related to oil and gas wells and leases.