Market Position Sheridan Production Co. operates within the mid-sized segment of the U.S. oil and gas industry, with revenues estimated between 250 and 500 million dollars. This positions the company as a significant player with potential needs for energy infrastructure, operational technology upgrades, and process optimization solutions.
Operational Focus The company's strategy centers on acquiring and exploiting mature onshore properties, which may require specialized services such as enhanced oil recovery, reservoir management, and environmental compliance support.
Technology Stack Using a modern tech stack including PHP, Apache, and cloud email services suggests an openness to digital solutions. There may be opportunities to offer cloud-based management tools, data analytics, or cybersecurity solutions tailored for oil and gas operations.
Recent Restructuring A notable reduction of 116 employees in March 2020 indicates recent operational shifts or restructuring, highlighting a potential interest in cost management tools, efficiencies, or consultancy services to facilitate organizational change.
Growth Opportunities Being comparable in size to industry peers like Continental Resources and EQT suggests Sheridan Production may be exploring expansion, additional acquisitions, or technology upgrades. This provides avenues for sales of equipment, project management, and exploration support services.