Thursday, February 19th, 2015 and is filed under Oil and Gas Current Events, Permian Basin Oil News
Bradley G. Winton joins Aresco LP, a privately held oil and gas exploration and production company, as Vice President of Exploration
(Dallas, Texas) –– Aresco LP, a Dallas-based energy exploration and production company, today announced Bradley G. Winton has joined the company as Vice President of Exploration. Winton will lead the company’s domestic acquisition and divestiture efforts, providing complete prospect appraisals, including geologic modeling, log analysis, seismic interpretation and economic analysis, to help identify and evaluate prospect opportunities. In addition, Mr. Winton will oversee Aresco’s growing portfolio of producing assets in the Permian Basin, Eagle Ford Shale, Anadarko Basin, and Woodbine/Eaglebine section of east Texas.
“Having access to in-depth and accurate geologic analysis is critical to making smart decisions in the oilfield. The addition of Brad brings a host of analytic capabilities in-house, making our company more competitive and responsive to opportunities,” said Brandon Laxton, President and CEO of Aresco LP. “Going forward, Bradley will play a key part in helping expand our operations into profitable project opportunities across the Southwest.”
Prior to joining Aresco, Winton worked for Denbury Resources, developing CO2 EOR properties within several Gulf Coast fields, and for Jura-Search Inc., exploring Jurassic Age sediments of the Gulf Coast. One project of note was improving production in a 1,700-well prospect in the historic Conroe Field in southeast Texas. With a budget of $6 Million, Winton and his team developed and implemented a rework and secondary recovery strategy that delivered increased production, resulting in a $40 Million profit.
Winton cultivated his passion for geology, geophysics, petroleum engineering, and the E&P industry while pursuing a Bachelor of Science in Geology from Millsaps College in Jackson, Mississippi. Winton attended Millsaps on a Presidential Scholarship and graduated magna cum laude with honors. He holds a Master of Science in Geosciences from the University of Texas at Dallas, where he graduated summa cum laude at the top of his class. Winton is currently completing his Master of Business Administration degree with a focus in Energy Leadership from Texas A&M University (at Texarkana).
About Aresco LP
Aresco LP is a privately held Dallas-based exploration and production company actively engaged in developmental drilling, mineral leasing, and production acquisitions in conventional and unconventional oil plays throughout Texas, Oklahoma, and New Mexico. The company specializes in production-driven projects designed to provide income stability and strong growth potential. Aresco’s asset portfolio provides a strong balance of ownership positions in rapidly developing conventional formations and development projects in proven oilfields with decades of active drilling and production. To learn more, please visit www.arescotx.com.
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