Piedra Resources, LLC
Chip Smith has extensive experience in the oil and gas industry. Chip was the Founding Member and CEO of Piedra Resources, LLC, where they secured over $800 million in equity commitments and focused on developing oil reserves in the Midland and Delaware Basins. Chip also founded Rock River Minerals, LP and Charter Royalty Company, both of which invested in oil and gas mineral and royalty acquisitions. In addition, Chip was a Founding Partner of Arroyo Resources, LTD, managing over $300 million of assets in multiple producing basins. Chip was also a Founding Partner of Vecta Technology and Vecta Exploration, where they collaborated with the University of Texas on research initiatives related to 4D seismic technology.
Chip Smith attended Clovis High School for an unspecified duration. After completing high school, Chip enrolled at The University of Texas at Austin, where they obtained a Bachelor of Arts degree in Economics. Additionally, Chip attended Harvard Business School, but no specific details about the duration or degree earned are provided.
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Piedra Resources, LLC
Piedra Resources provider of oil and gas exploration and production services. Founded in 2004 by Energy Executives Robert Beecherl and Chip Smith in partnership with EnCap Investments L.P. With a focus on the Permian Basin, Piedra strives to create value through exploration, development and acquisition of natural gas and oil reserves. With theexpertise and experience that Piedra was built upon, they pursue the exploration and development of lower-risk resource plays with scalability and upside. Their team has a proven track record of drilling and operational excellence.