Experts in the Art of Oil Finding

In these times when all the “easy oil” has been found, the mature oilfields of the Gulf of Mexico—a reliable source of oil and gas for decades—serve as an ideal arena for the talent and technology that set us apart.

Recent challenging times have driven many companies away from the Gulf of Mexico Shelf. Yet even after more than 12 billion barrels of oil have been produced in this basin, it remains rich with opportunity for those that persevere. High production rates provide fast returns on investment.

Our expertise at Arena Energy is finding and exploiting the drilling opportunities that remain in the Gulf after 50 years of development by the major oil companies. To develop these less obvious and more challenging Gulf prospects, we need the oil finders of the 21st century. So we focus on hiring and equipping the top talent in the industry, seeking those who understand the opportunities that exist today on the Gulf shelf—and have the skill and creativity to recognize them.

How Arena Finds Oil

Singular Focus

Throughout our history, we have never wavered from our focus on the Gulf shelf—nor our fundamental business plan.

Deep Experience

Our founders and all key technical personnel have worked nearly their entire careers on Gulf development projects. We know this basin.

Optimistic Perspective

Since our founding, we have continued to believe the mature producing areas of the shallow-water Gulf still hold vast potential. Our results reinforce that belief. Over the last three years, the inventory of drilling prospects we have built is the largest and highest quality in our company’s history.

Detailed Technical Approach

Our integrated geological, geophysical and engineering evaluations are essential to identifying subtle targets with limited seismic responses often associated with oil prospects.

Technology Investment

Today’s advanced imaging technology is especially effective on the Gulf Shelf. Three-dimensional seismic data is used reliably for geological interpretations to remap and uncover missed oil accumulations in a hydrocarbon basin where oil accounts for nearly one-third of production.

Independent Company's Mindset

Arena Energy was built on the success of many smaller discoveries. Today, we maintain that same entrepreneurial spirit and opportunistic approach—and continue to view smaller-reserve-size projects as attractive.

Our Edge in a Uniquely Attractive Basin

There are tremendous advantages to operating in the shallow waters of the Gulf of Mexico, and Arena Energy has a competitive edge in this unique basin.

Our Strategic Advantages

Oil Finding Expertise

Talent can truly set a company apart in the Gulf shelf. Most oil produced here comes from conventional fields with complicated geology, where little prospecting has occurred since oil reached $80 per barrel. That makes oil finding expertise critical for success in the shallow-water Gulf—unlike the manufacturing-type resource plays of North America’s major onshore basins.

“Drill Bit” Growth Strategy

We grow the company by drilling new wells, generating high rates of return through organic value creation. This strategy is ideally suited to a private company with a long-term focus. It also differs significantly from the “asset consolidator” approach of most companies in the Gulf shelf.

Team Approach

Our multidisciplinary team is built to exploit the less obvious and more challenging opportunities that remain in the Gulf. This approach is essential to identifying subtle oil prospects with limited seismic response.

Partnership with Arena Offshore

Arena Energy’s affiliated operating company is one of the most active and respected operators in the Gulf.