AL

Alta Mar Energy, Llc

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Alta Mar Energy LLC - Company Research Report



Company Overview



Name, Mission of the Company


  • Name: Alta Mar Energy, LLC

  • Mission: Alta Mar Energy is a full-cycle, upstream company focused on non-operated investments in the U.S. Gulf of Mexico, partnering with best-in-class offshore operators in exploration, development, and production projects.


Foundation


  • Founded By: No information is available

  • Founded Date: No information is available


Key People


  • Will Sims: Chief Executive Officer

  • Ben Heller: Chief Financial Officer

  • Rowland Burno: Senior Vice President, Engineering

  • Thomas Kastner: Senior Vice President, Geoscience

  • Richard Clark: Advisory Board

  • Richard L. (Rich) Smith: Advisory Board

  • R. Paul Buie, Jr.: Advisory Board


Headquarters


  • Location: TotalEnergies Tower, 1201 Louisiana Street, Suite 730, Houston, TX 77002-5600, U.S.A.


Number of Employees


  • No information available


Revenue


  • No information available


Specialization


  • Focus: Non-operated investments in the U.S. Gulf of Mexico and partnering with top offshore operators.


Products



Product Offerings


  • Product Name: Non-Operated Investments

  • High-Level Description: Alta Mar Energy focuses on making strategic investments in exploration, development, and production projects in the U.S. Gulf of Mexico.

  • Key Features:

  • Collaborations with best-in-class offshore operators.

  • Investments in exploration and development projects.

  • Focus on technical and economic evaluations, reserve reporting, development planning, and reservoir modeling.


Recent Developments



New Products Launched


  • Winterfell Development Investment

  • Date: January 10, 2024

  • Overview: Alta Mar invested in the Winterfell discovery operated by Beacon Offshore Energy LLC. The field, discovered in 2021, will be developed as a low emissions subsea tieback and is anticipated to deliver initial production of approximately 22,000 barrels of oil equivalent per day (boepd).


New Features Added to Existing Products


  • No specific new features added to existing products are listed.


Partnerships


  • Alta Mar Energy and Carnelian Energy Capital Management, L.P. Partnership

  • Announcement Date: July 11, 2023

  • Details: Alta Mar Energy announced the closing of an equity commitment from investment funds managed by Carnelian Energy Capital Management, L.P. This partnership aims to leverage Alta Mar's offshore expertise to invest in exploration, development, and production activities in the Gulf of Mexico.


Achievements


  • First Oil Production at Winterfell

  • Date: July 3, 2024

  • Details: Kosmos Energy Ltd. announced the successful start-up of oil production at the Winterfell development. Alta Mar holds a 7.55% working interest in this project. This is a phased development with the initial two production wells online and ramping up, with a third well expected to be online by the end of Q3 2024.


Contact Information


  • Office Address: TotalEnergies Tower, 1201 Louisiana Street, Suite 730, Houston, TX 77002-5600, U.S.A.

  • Email: info@altamarenergy.com


© 2024 Alta Mar Energy, LLC | All Rights Reserved.

This report has been compiled based on publicly available information. For more details, please visit [Alta Mar Energy's website](https://www.altamarenergy.com).