Based in Midland, Colgate Energy is a private, independent exploration and production company focused on acquiring and developing conventional and unconventional oil properties in the Permian Basin. Colgate was founded in 2015 by Will Hickey and James Walter and has since assembled a multidisciplined team of over 20 professionals with an extensive history and understanding of operating in the Permian Basin.
Colgate was originally capitalized in 2015 with a $75mm commitment from Pearl and NGP. Current equity commitments now stand at $200mm with flexibility to add additional funding as required.
Our high energy, entrepreneurial spirit allows us to be quick and flexible, pursuing advantageous deals of varying size and structure. We currently have operations in Reeves County, Texas, and Lea and Eddy counties in New Mexico.