Overview
Rockcliff Energy is a privately funded oil and natural gas exploration and production company based in Houston, Texas. Established in January 2015, the company has carved a significant niche within the Haynesville Shale play in East Texas. Rockcliff Energy is dedicated to safety, operational excellence, and sustainable practices, underlined by its investments in reducing methane emissions. The company leverages proven technologies to optimize asset value and maintains a strong community engagement record.
Recent Developments
In December 2023, Tokyo Gas, through its subsidiary TG Natural Resources, announced the acquisition of Rockcliff Energy II for $2.7 billion. This acquisition is set to significantly boost Tokyo Gas’s natural gas production capacity by quadrupling its volumes from the Haynesville Shale. This move aligns with Tokyo Gas's Management Vision, Compass 2030, aiming to triple overseas profits, and highlights their commitment to securing clean energy sources. The transaction is expected to conclude by the end of 2023, pending regulatory approvals.
Leadership Team
- Sheldon Burleson
President & Chief Executive Officer
- Over 25 years in the energy sector
- Guides company growth and strategic direction
- Chairman of the Texas Oil and Gas Association
- Michael Marziani
Chief Financial Officer
- Former EVP and CFO at Tall City Exploration
- Manages financial health and strategic financial planning
- Mitch New
Senior Vice President - Development
- Formerly with ConocoPhillips' Applied Geoscience Technology Group
- Leads technical and developmental strategies
- Wakeford Thompson
Vice President - Business Development
- Joined in 2024
- Heads business development and industry relationships
- Jeff O’Bryant
Vice President - Operations
- Oversees drilling, completion, and production engineering
- Ryan Papetti
Vice President - Marketing
- Joined in July 2024
- Directs marketing initiatives to enhance market presence
- Trice Hufford
Vice President - Land
- Manages land assets and operational reach
Strategic Focus and Achievements
Rockcliff Energy operates roughly 200,000 net acres in the Haynesville Shale, producing 1.3 Bcf/D of gross operated natural gas. The company has displayed strong growth, expanding production from 100 MMcf/D in 2017 to its current levels. Collaboration with Quantum Capital Group enhances its financial and operational structure.
Contact Information
- Headquarters:
700 Milam Street, Suite 2000
Houston, Texas 77002
- General Inquiries:
Phone: (713) 351-0500
Email: info@rockcliffenergy.com
Rockcliff's experienced leadership and strategic execution underscore its potential in the competitive energy sector. The acquisition by Tokyo Gas enhances its market position in line with global shifts towards cleaner energy sources.
Competitor Profiling
Rockcliff Energy competes robustly in the oil and gas sector, with a strong presence in oil and gas exploration and services. Headquartered in Houston, TX, the company reports estimated annual revenues of $41.8 million and employs approximately 155 people. Emphasizing operational excellence, safety, and environmental compliance, the company faces competition from major industry players.
Key Competitors
- Propell Oilfield Equipment
- Based in Granbury, Texas
- Focuses on modular proppant handling services
- Reports revenues of $54.4 million with 156 employees
- Cox Oil
- Operates in the Gulf of Mexico
- Reports revenues of approximately $60.6 million with 225 employees
- JMD Oilfield and Rig Service LLC
- Based in Odessa, TX
- Provides oilfield services including welding and gas compressor services
Operational Focus
Rockcliff Energy's strategic focus on the Ark-La-Tex and Permian Basin regions is supported by capital investment and long-term partnerships with mineral rights owners. The company employs 155 people and recently adjusted its workforce by a 3% reduction to align with operational goals.
Strategic Values and Commitments
The company prioritizes its employees as its most important asset and maintains high expectations from service providers in honesty, integrity, transparency, collaboration, and hard work. Committed to operational excellence and superior environmental compliance, Rockcliff Energy's proactive approach positions it competitively in the energy sector, striving for market leadership in its core regions.
