Piedra Resources, LLC Email Format

Oil and GasTexas, United States11-50 Employees

Piedra Resources, LLC operates in the oil and gas sector with a focus on the exploration, development, and acquisition of crude oil and natural gas reserves. Its strategy centers on the Permian Basin, seeking to create value by pursuing resource plays that balance risk with growth potential and scale through operational execution. The company emphasizes drilling proficiency and efficient field operations as core capabilities.

Headquartered in Midland, Texas, Piedra Resources was founded in 2004 by energy executives Robert Beecherl and Chip Smith, in partnership with EnCap Investments L.P. The firm positions itself as a developer and acquirer of oil and gas assets, aiming to unlock value from opportunities in its chosen plays within the oil and gas industry. With a small-to-mid-sized team, the company concentrates its activities regionally, leveraging its experience to drive asset-level value creation.

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