Zachary Hart, senior vice president of A&D and reservoir engineering at Indigo Natural Resources, is today’s featured Forty Under 40 honoree.
When Hart joined Indigo in 2009, the company was producing about 25 MMcf/d from shallow, vertical wells in North Louisiana. Starting with Indigo’s first Haynesville acquisition in 2016, he has helped lead the company through multiple acquisitions and subsequent development to grow its total production to over 1 Bcfe/d.
“In just three short years, we accomplished two major milestones: We grew our net rate from approximately 150 MMcf/d to over 1 Bcf/d, making us one of the largest private natural gas producers in the U.S., and we entered into a 50:50 midstream joint venture [JV], which was built, filled with Indigo’s gas and subsequently sold for $2.65 billion,” he said.
Prior to joining Indigo, Hart served in various reservoir engineering, acquisition and divestiture and operational engineering roles for El Paso E&P (now EP Energy) in both Houston and Denver.
Click here for Zachary Hart’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
SM Energy Adds Brookman to Board, Promotes Lebeck to Executive VP
2024-02-23 - Barton R. Brookman previously served as President and CEO of PDC Energy and James B. Lebeck served as senior vice president and general counsel since January 2023.
Crescent Point Energy to Rebrand as Veren Inc.
2024-03-21 - The company will seek shareholder approval for the change at its upcoming annual and special meeting of shareholders on May 10.
CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave
2024-02-26 - Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
2024-04-04 - The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
U.S. Shale-catters to IPO Australian Shale Explorer on NYSE
2024-05-04 - Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.