A pumpjack on open range under a wide sky

Houston, Texas

Welcome toCobblestone Energy LLC

Cobblestone Energy LLC is a 2020 start up looking to do new projects and ventures in Texas and New Mexico with a focus on the Permian Basin.

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At Cobblestone, we follow a philosophy of disciplined development results in predictable earnings and profitable growth. We specialize in joint venture project work where we put technology and people together with the right assets and the right partners.

We are happy to operate or participate depending on what makes the most sense.

Cobblestone's West Texas drilling location: a rig and pad on flat scrubland
West Texas

Our Focus

  1. New and reconfigured waterfloods and infill drilling projects. Unconventional or Conventional horizontal drilling and EOR projects.

    A drilling rig silhouetted at dusk beside open water
  2. Operated and/or OBO interests with top operators in lower 48 top play areas. Help to accelerate the best projects.

    Pumpjacks silhouetted against a low sun
  3. The end game for each of our projects will likely involve CO2 sequestration. Deploy low carbon footprint technologies early where practical in each investment or project.

    A forested mountain ridge under cloud
  4. Cobblestone management has the skills and network to create great projects for the right groups of investors and partners. Our IOR backgrounds allows us to look ahead to capture full property potential.

    A processing plant lit up at night beside a pumpjack

What we are looking for

  • Ideal Deal Size

    Assets/projects with 5 to 500 million dollars of cash outlay for base production and upside development, ideally split 50/50.

  • Lower 48 US Focus

    Unconventional and conventional IOR projects involving horizontal wells and waterfloods. Material base production.

How We Work

We look at multiple projects on an ongoing basis to select the right ones to approach current owners as well as our funders.

We are not interested in being promoted or paying finders fees for projects we can identify and do ourselves. We are looking for operators that would like new technology applied to their assets to enhance the value of their properties. We are also looking for Joint Venture partners and sponsors wanting to create value with us.

We use a high level of sweat equity in our deals where we get paid out of successful outcomes. This concept aligns us with existing operators, our sponsors, and joint venture participants.

Our Expertise

Our associate team of geologists, engineers, and technicians has extensive experience in all aspects of oil and gas exploration, including seismic surveying, drilling, and production. We use the latest technology and techniques to ensure the success of our projects to maximize recovery.

About Us
Pumpjacks silhouetted against a cloudy evening sky

Management Team

The management team has the skills and network that fit crafting effective development drilling JVs and successful IOR projects. When and where necessary, for each project, we will bring onboard the right team of associates to deliver expected outcomes and results in the time and cost required.

  1. Ed Behm, PE

    President, Managing Partner

    40+ Years

    Director, Asset Development, Technology, and Operations Management

    Profitable JV IOR Deals, Altura Acquisition, Exploitation US & Int'l

  2. Lisa B. Brown

    Legal and Land

    30+ Years

    Board Certified in Oil, Gas and Mineral Law, Texas Board Of Legal Spec

    Negotiating Agreements, Land, Risk Management, Supply Chain

  3. Joe Fleming

    Operations, Drilling, Completions, Facilities

    40+ Years

    Broad Drilling, Completion, Facilities and Operations Management

    Executing Play Leading Drilling Programs, Manage Low Cost Operations

Associates: FFP

Network of operations, technical and commercial support. Associate talent vary by project and scope of work and change regularly.

Drop us a line!

email@cobblestone.energy

Cobblestone Energy LLC

625 E 10 1/2 St
Houston, Texas 77008
United States

Hours

09:00 am to 05:00 pm