GE – Vess Oil Acquire Woodbine & Eagle Ford Acreage From Enervest – $108 Million

Gains 13,000 Net Acres in Brazos, Grimes, and Madison Counties
Vess Oil Operations Map

Vess Oil Operations Map | Click to Enlarge

GE and Vess Oil have partnered to acquire 13,000 net acres in Brazos, Grimes, and Madison counties from EnerVest for $108 million.

The acreage is producing from the Woodbine and prospective for the Eagle Ford Shale.

This is the third partnership GE Energy Financial Services and Vess Oil have entered. Previous partnerships have acquired reserves in Brazos County, TX, and Kansas. A separate Vess Oil affiliate also operates Woodbine acreage in the Kurten Field adjacent to the assets acquired here.

Ronnie Nutt, COO of Vess Oil, stated, “I am eager to launch our program and look forward to expansion opportunities predicated on demonstrable results.”

Read the full release at

The following two tabs change content below.
R.T. Dukes

R.T. Dukes

Managing Editor at
R.T. is the managing editor of In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

Add a Comment