Acquisitions

Any basin. Any operator. Any interest type.

Terravon acquires royalty interests, non-operated working interests and — selectively — operated assets throughout the Lower 48, across both conventional and unconventional production.

Royalty Interests

No capital obligations, no exposure to operating costs and no field overhead, in any basin and beneath any operator. The primary focus of the firm's acquisition program.

  • Producing royalty interests — RI, ORRI and NPRI
  • Single-tract through multi-basin packages
  • Inherited and fractional royalty interests
  • Estate, trust and partnership positions

Passive interests in detail →

Non-Operated Working Interests

Positions held alongside established operators that extend the firm's exposure to basins, reservoirs and development programs it does not intend to operate directly.

  • Producing non-operated working interests
  • Small and fractional working interests
  • Interests subject to elective capital or AFEs
  • Legacy positions in active programs

Passive interests in detail →

Operated Interests Selective

Terravon assumes operatorship where its engineering and field organization generate the return — mature conventional production with identified optimization upside. The firm currently operates in the Permian Basin.

  • Mature conventional oil and gas leases
  • Waterflood and water-drive reservoirs
  • Shut-in and underperforming wellbores
  • Operatorship transfers and full-field packages

How we operate →

Why sell to us?

As experienced operators, we understand the lifecycle of an asset. Terravon brings more than capital — the people who evaluate your package are the people who have run wells like it.

Acquisition Criteria

What we look for

  • Royalty and non-operated interests of any size — from a single fractional tract upward. These interests are the primary focus of the firm's acquisition program.
  • Producing assets in any Lower 48 basin — Permian, Mid-Continent, Gulf Coast, East Texas, Ark-La-Tex, Rockies, Appalachia and elsewhere.
  • Conventional and unconventional production — shallow heavy oil through horizontal development, oil- or gas-weighted.
  • Any operator — major, large independent or private. Each asset is evaluated on its own merits.
  • Operated packages with identified upside — idle wellbores, artificial lift optimization, secondary recovery response or recompletion potential, where Terravon's field execution is the principal driver of return.
  • Sellers requiring certainty of close — estates, retiring operators, partnership dissolutions and non-core divestitures.

If an opportunity falls outside these parameters, we would still encourage you to submit it. Every package presented to the firm is reviewed.

Underwriting

Evaluated in-house

Every package is worked by our own people, from the rock upward: log analysis and correlation through the section, then production history, decline behavior and cash flow to economic limit.

Semi-log decline plot showing oil, gas and NGL production streams with fitted forecast segments and economic limit markers.
Decline analysis — oil, gas and NGL streams with fitted forecast segments and economic limit. Well identifiers and dates omitted.

Process

From initial contact to closing

Step 01

Initial Contact

Provide the information available — a lease schedule, recent revenue statements or check detail, and any production data. A brief conversation is sufficient to begin.

Step 02

Evaluation

Our engineers develop the reserve and cash flow analysis in-house. No third-party consultants and no waiting in an outside queue.

Step 03

Offer & Diligence

We present terms and structure the transaction around your timeline. Title and records diligence proceeds in parallel.

Step 04

Closing

Funding, assignment and — where Terravon is assuming operations — an orderly operatorship transfer with minimal disruption in the field.