QStar is a growing oil and gas company based in Houston, Texas. Drawing on deep technical and financial expertise, QStar identifies, acquires and exploits oil reserves from underdeveloped or bypassed reservoirs in U.S. onshore basins. Formed in 2013, QStar is led by an experienced management team and backed by significant private equity investment.
QStar focuses on opportunities in areas with stacked, multi-pay potential where oil has already been proven to exist in commercial quantities. This focus helps reduce economic risk and enhance the probability of commercial success.
QStar has a large equity commitment provided by EnCap Investments, LP and the QStar Team. The leading provider of private equity to independent oil and gas companies, EnCap has invested nearly $10 billion and successfully backed more than 200 companies in its upstream business.
We leverage our geoscience and engineering expertise to identify underdeveloped or bypassed pay potential in historically productive areas. Our data-intensive process enables us to prioritize the most prospective areas within a productive trend. We then apply advanced drilling and completion technologies to commercially recover oil and gas reserves.
We rigorously evaluate oil investment opportunities with a data-intensive approach that employs thorough risk and capital management practices. Project opportunities undergo an extensive technical evaluation of the physical attributes of the potential reservoirs that yields the optimal strategy for maximizing value.
QStar brings our extensive commercial experience to bear in securing attractive grass-roots lease acquisitions, supplemented by producing property acquisitions with demonstrated upside value.