Weatherl Energy Investments, L.P. (WEI) is a private, Midland, Texas-based prospect origination and oil & gas investment company.
Founded in 2010, by Steven E. Weatherl, WEI identifies and assembles drilling and producing property acquisition opportunities predicated on proven geologic techniques. All of WEI’s investments are rate-of-return focused and are designed to maximize returns while minimizing risked financial exposure.
WEI targets opportunities that leverage technical advances in the energy industry, such as enhanced completion technology and unconventional reservoirs.
WEI is a vested stakeholder in all the projects we originate.
Steven Weatherl is the president and founder of Weatherl Energy Investments, L.P. Previously, Mr. Weatherl was Vice President and General Manager as well as exploration manager of EOG Resources' West Texas Division located in the Permian Basin. There he directed a staff of over 170 employees and contractors and employed up to 10 drilling rigs at any one time. He was directly responsible for over $513 million in investments from 2004 to 2007. He has been directly involved in identification and exploitation of "resource plays" in the Permian Basin, assembling for the companies at which he was employed over a quarter of a million net acres in various plays.
Mr. Weatherl also served as Exploration Vice President, USA and Division Vice Present for the Gulf Coast Division of Pioneer National Resources as well as Vice President of Exploration of Mayne & Mertz, Inc. While at Mayne & Mertz, Mr. Weatherl mapped and initiated a Wolfcamp Horizontal play in the southern Midland Basin. Roughly 50,000 acres were assembled in Irion, Crockett and Reagan Counties and sold to EOG Resources and Devon Energy. Over 200 producing horizontal oil wells in two pay zones had been drilled as of 2016. These were among the first economically successful Horizontal Wolfcamp wells in the Midland Basin. The play has expanded to encompass well over 100,000 acres. He started his career with Exxon Company U.S.A. in 1980.
Mr. Weatherl received a BS degree in Geology from Texas Tech University. He is active in the local community, serving as an elder at Stonegate Fellowship Church as well as on the advisory board of Midland Classical Academy. He and his wife Debra have four adult children and one daughter-in-law.
Annel Lopez is the Office Manager for Weatherl Energy Investments, L.P. where her responsibilities include managing the daily office operations along with working on company accounting and maintenance of records. Before joining the Weatherl Energy Investments team in 2014, Mrs. Lopez retired from EOG Resources, Inc. after 37 years with the company. She began her career with EOG Resources in the accounting and cash management departments before becoming the Executive Assistant to the Exploration Manager and Executive Vice President & General Manager of EOG’s West Texas Division.
Mrs. Lopez and her husband David have one daughter and son-in-law.
Weatherl Energy Investments, LP
217 N. Main St.
Midland, TX 79701
Weatherl Energy Investments, LP
P. O. Box 11332
Midland, TX 79702