Company Profile
Management at Nortex continues to effectively oversee the companies leasehold and mineral interests, actively seeking drilling partnerships and leasing opportunities with industry collaborators to enhance our existing assets.
Nortex Corporation and its affiliated companies are pursuing non-operated producing property packages through both negotiated sales and competitive bidding processes.
Nortex’s currently holds interests in over 2,000 domestic producing properties, primarily situated in Texas, New Mexico, Oklahoma, Louisiana, California, Ohio and the Rocky Mountain Region, spanning across 688,000 gross (45,400 net) acres. Nortex’s reserves mix is 70% Oil and 30% Gas, contributing to a net daily production of 6 MMCFD and 1100 BOPD.
Over the past five years, Nortex has engaged in more than 100 non operating working interest wells across the Delaware and Permian Basin regions of New Mexico and Texas. This strategic involvement has enabled Nortex to organically expand its asset base. Collaborations with industry giants such as Chevron, OXY, Mewbourne, Devon and other significant independent companies have been instrumental in these endeavors. With numerous holdings, held by production, including stacked pay zones, Nortex is poised to accommodate many more well locations and development for the foreseeable future.