Founded in 1994, US Enercorp, LTD has grown and become Ageron Energy, LLC. Ageron Energy is an oil and gas exploration and production company active in generating and leasing organic prospects, drilling, and operating for the past 3 decades.
WHAT AND WHO WE STRIVE FOR
Ageron Energy strives to produce oil and gas at the lowest cost possible while maintaining both safety conscious operations and an eco-friendly environment.
Our skilled and experienced team uses the latest technology to find, acquire, and operate oil and gas properties as efficiently as possible resulting in higher returns for our investors.
AGERON ENERGY OVER THE YEARS
We have celebrated many milestones since our inception in 1994.
Bruce Gates forms US Enercorp, Ltd. and explores for conventional oil and gas prospects through leasing, drilling, and production operations.
US Enercorp embarks on a deep south Texas natural gas drilling program.
US Enercorp earns the title of largest natural gas producer in San Antonio, Texas, by developing and producing over 100 bcf of gas reserves.
Repeats the 2004 title of largest natural gas producer in San Antonio, Texas.
Again, US Enercorp retains the title of largest natural gas producer in San Antonio, Texas, producing over 100,000 mcfgpd.
Begins divesting natural gas assets to transition into oil weighted assets.
Natural gas divestiture is completed, and oil production is increased through horizontal drilling program in the Austin Chalk.
Starts a leasing program in the Bakken formation.
Sells a 100,000-acre Bakken position to a Fortune 500 company.
As a result of a paradigm shift within the industry, US Enercorp starts a new joint venture with a private equity company and changes its name to Ageron Energy, LLC.
Starts a drilling program in the Eagleford oil window.
Ageron Energy, LLC diversifies back into natural gas and begins developing organic leases in the dry gas window of the Eagleford attracting 2 new private equity partners.
Oil production reaches 6,000 bopd.
Ageron Energy forms a new joint venture with a public company to expand its natural gas acreage position.
Leasing program reaches over 14,000 net acres and begins production on its first two Austin Chalk wells, producing over 20,000 mcfgpd each.