U.S. Energy Corp. is an independent energy company engaged in the exploration, development, and production of oil and natural gas properties.
U.S. Energy Corp. operates as an independent energy company, specializing in the acquisition, exploration, and development of oil and natural gas properties across the continental United States. The company maintains a robust portfolio with significant interests in key regions including the Williston Basin in North Dakota, the Permian Basin in New Mexico, and various areas in Texas. As of December 31, 2021, U.S. Energy Corp. reported estimated proved reserves totaling 1,344,626 barrels of oil equivalent. The company's extensive oil and gas leases cover 89,846 gross acres and 5,757 net acres, supporting its exploration and development initiatives.
Founded in 1966 and headquartered in Houston, Texas, U.S. Energy Corp. has established a solid reputation for its strategic approach to resource development and operational efficiency. The company's portfolio includes 146 gross producing wells, highlighting its ongoing commitment to maximizing production and optimizing asset performance. U.S. Energy Corp. leverages its decades of industry experience and technical expertise to capitalize on opportunities in emerging and established oil and gas plays, ensuring sustainable growth and value creation.
Driven by a dedicated team of professionals, U.S. Energy Corp. continues to expand its footprint and enhance its operational capabilities in the dynamic energy sector. The company remains focused on leveraging technological advancements and innovative practices to enhance operational efficiencies and minimize environmental impact. With a steadfast commitment to prudent resource management and strategic growth initiatives, U.S. Energy Corp. is poised to navigate market fluctuations and capitalize on emerging opportunities in the evolving energy landscape.