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class="primary margin-15" style="transform: none;"><div class="row" style="transform: none;"> <div id="borderlinestyle" style="margin-top: 0px !important;"> <img style="width: 100%;" src="https://www.energytechreview.com/images/line.png"> </div> <div class="col-md-9 col-sm-9" style="float: left;"> <div class="row"> <div class="post-author-info cmde"> <a><h1 style="padding-left: 5px;font-size: 1.75rem;">Pedernales Petroleum: The Epitome of Low Cost, Full- Service Contract Operators</h1></a> <div id="innovation" style="/*margin-left: 280px;" class="col-md-6"> <table width="592" border="0" style="border-bottom:0px; border-left:0px; border-right:0px; border-top:0px;display: block;"><tbody><tr><td valign="top" align="left" style="border-bottom:0px; border-left:0px; border-right:0px; border-top:0px;display: inline-flex;"> <div id="conference" style="width:71px;margin-top: 20px;"> <a href="https://twitter.com/share?text=Pedernales Petroleum: The Epitome of Low...-The company is a full-service 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}(document, 'script', 'facebook-jssdk')); </script> <div id="conference"> <div id="attend"> <div class="fb-share-button" data-href="" data-type="button"></div> </div> </div> </div> <div id="conference" style="width: 100px;"> <div id="conference"> <div id="attend"> <div class="g-plusone" data-annotation="none"></div> </div> </div> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://apis.google.com/js/platform.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(po, s); })(); </script> </div> </td> </tr></tbody></table> </div> </div></div></div> <div class="col-md-3 col-sm3" style="float:left;"> <div id="hindu21" style="margin-top: 25px;"> <a target="_blank" href="https://pedernalespetroleum.com/" rel="nofollow"> <img width="222" height="72" alt="Pedernales Petroleum | Energy Tech Review | Top Energy Asset Management Solutions Companies" title="Pedernales Petroleum | Energy Tech Review | Top Energy Asset Management Solutions Companies" style="border:0px none; padding-right:10px;margin-bottom: 15px;" class="Arial12" src="/company_logos/7v5zspedernale.jpg"> </a> </div> </div> <div id="borderlinestyle" style="margin-top: 0px !important;"><img style="width: 100%;" src="https://www.energytechreview.com/images/line.png"></div> </div><div class="col-md-9" id="ven_desc" style="float:left;"><article class="section_margin"><div class="post-content"><div class="single-content animate-box fadeInUp animated-fast"><div class="dropcap column-2 animate-box fadeInUp animated-fast">Pedernales Petroleum is an oil and gas asset owner, operator of record, and contract operator with rich experience in managing properties across North America. The company holds extensive experience in the North American energy market—from unconventional horizontal drilling to renewable solar energy. <br /> <br /> <img src="https://www.energytechreview.com/graph_image/d6efh1.jpg"><br /> <br /> Pedernales Petroleum leverages proprietary technology and processes that integrate the multi-faceted aspects of oil and gas operations. Its technology platform combines financial, production, subsurface, and equipment data for in-depth analysis, well-by-well. Most important, the information is presented to every stakeholder and categorized by assets and investors. <br /> <br /> “We place the right information in the right people’s hands quickly and routinely, so they can make the right decisions to keep operations running efficiently,” says David Grevelle, CEO, Pedernales Petroleum. <br /> <br /> In addition to basing field operations on data-driven forecast capabilities that enable field personnel to act on informed decisions rather than assumptions, the company employs a knowledgeable engineering team to make sense of the data and revamp field operations. In parallel, it generates financial insights from field operations and expenses vs. the sales side. <br /> <br>The level of granularity in its field and operational data makes Pedernales Petroleum a sought-after player in its niche. It unlocks superior levels of proactive insights. For instance, when the oil prices fell to a historical low in the recent past, the company could easily predict and shut down the well operations that cost more than the returns on production daily. They were also able to make real-time decisions on making process changes to increase savings. On the other hand, in scenarios when oil prices rise erratically—as the industry has been witnessing in the last several months—the company can identify avenues for process improvement. <br /> <br /> Pedernales Petroleum is also a complete in-house accounting services provider, delivering on aspects such as joint interest billing, audit management, royalty, and vendor payments. <br /> <div class="streak grey lighten-3" id="rightquote2" style="padding: 10px;background: white;box-shadow: inset 0 0 30px rgba(125,125,125,0.8);margin-top: 16px;"> <div class="flex-center" style="padding-top: 10px;padding-bottom: 10px;"> <ul class="mb-0 list-unstyled"> <li> <h2 class="h2-responsive" style="font-weight: normal;font-size: 24px;font-family: "Roboto",sans-serif;text-align: center;line-height: 1.2;color: #212529;"><i class="fa fa-quote-left" aria-hidden="true" style="padding-right: 25px;font-size:24px;color: #212529;"></i> We place the right information in the right people’s hands quickly and routinely, so they can make the right decisions to keep operations running efficiently <i class="fa fa-quote-right" aria-hidden="true" style="padding-left: 12px;font-size:24px;color: #212529;"></i></h2> </li> </ul> </div> </div> <br /> Other competencies of Pedernales Petroleum include its adeptness in lease operations (entailing reservoir, production and geological engineering, workover and exploration analysis, and vendor management), reviewing and negotiating transportation and marketing agreements, and maintaining marketing relationships for the best pricing. On the lease and land services front, the company undertakes title review and due diligence, contract and lease analysis, owner relations management, and land broker services. In addition to serving as the operator of a record, the company’s regulatory services include state or federal production reporting, filing and obtaining permits for, say, drilling, and full health, safety and environmental (HSE) services and reporting. <br /> <br /> “Instead of being a company that merely tries to get a rate per hour, we look at how to make assets perform best, because we’ve done it as owner-operators,” states Grevelle. <br /> <br /> In the wake of the oil and gas space witnessing massive consolidation efforts, the multi-pronged field operator benefits Pedernales Petroleum brings to the table are of immense value proposition today and in the future.<br /> </div></div></div></article> </div><style>#magz .owl-prev { float: left; background-color: #ddd; padding-left: 0; padding-right: 0; padding-bottom: 0;}#magz .owl-next { float: right; background-color: #ddd; padding-left: 0; padding-right: 0; padding-bottom: 0;}.arrow-prev, .arrow-next{top: 30px;}@media screen and (min-width: 320px) and (max-width: 380px){#techhhd{font-size: 14px;}}@media screen and (min-width: 768px) and (max-width: 1199px){#techhhd{font-size: 12px;}#techhhd1{line-height: 13px;}}.vddt{ margin-bottom: 15px;margin-top: 10px;padding-left:1px}.vddt1{ border: 1px solid rgb(221, 221, 221); margin-left: 0px; padding: 4px; margin-bottom: 20px; text-align: left;}.vddt2{ margin-bottom: 6px;font-weight: 600;font-size: 14px;}.vddt3{ font-size: 14px;color: #000;}.vddt4{ line-height: 20px;font-weight: 400;}.vddt5{ font-weight:400;color: #4387c3;}.vddt6{ margin-bottom: 6px;font-weight: 600;font-size: 14px;}.vddt7{ line-height: 17px; margin-bottom: 6px;font-weight: 600;font-size: 14px;}.vddt8{ font-size: 14px;color: #000;}.vddt9{ line-height: 20px;font-weight: 400;}</style> <aside class="col-md-3 sidebar_right" style="float:left;"> <div class="sidebar-widget animate-box"> <div class="latest_style_2"> <div class="latest_style_2_item_first" id=""> <figure class="alith_post_thumb_big"> <a href="https://asset-management.energytechreview.com/vendors/top-energy-asset-management-solution-companies-2022.html"><img src="https://www.energytechreview.com/uploaded_images/6foqnPedernales-Petroleum-Logo.jpg" alt="Top 10 Energy Asset Management Solutions Companies - 2022" title="Pedernales Petroleum | Top Energy Asset Management Solutions Companies-2022"></a> </figure> </div> </div> </div><div class="col-md-12 col-sm-12 vddt"> <div class="vddt1"><p class="vddt2"><span class="vddt3">Company </span> <br><span class="vddt4"></span><a id="boost-profile-id" href="https://pedernalespetroleum.com/" target="_blank" class="vddt5">Pedernales Petroleum</a></p> <p class="vddt7"><span class="vddt8">Management </span><br> <span class="vddt9" >David Grevelle, CEO</span> </p> <p class="vddt7"><span class="vddt8" >Description </span><br> <span class="vddt9"> The company is a full-service contract operator with rich experience in managing properties across North America</span> </p> </div> </div> <div class="container-fluid" id="magz" style="padding:0;"><div class="container animate-box" data-animate-effect="fadeIn"><div class="row"> <div class="alith_post_content_big animate-box"><a href="https://www.energytechreview.com/magazines/October2022/Energy_Asset_Management/" target="_blank"><figure class="alith_post_thumb_big" style="z-index: 999;"><img style="width:100%;" src="https://www.energytechreview.com/uploaded_images/magazine_img/ygwehUntitled-1.webp" alt="Asset Management | Energy Tech Review" title="Asset Management | Energy Tech Review" /></figure> </a></div></div></div></div> </aside></div> </div> </div> </div> </div> <div></div> </div> <div class="container-fluid"> <div class="container animate-box"> <div class="bottom margin-15"> </div> </div> </div> <div class="container-fluid alith_footer_right_reserved"><div class="container"><div class="row"> <span style="float: right;margin-left: 15px;"> <a href="https://www.linkedin.com/company/energy-tech-review/" target="_blank"><img alt="follow on linkedin" src="/profile_files/linkedin_cirr.png" title="Linkedin" style="width: 30px;margin-top: 4px; 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