A San Juan Basin Energy Venture

The San Juan Basin, located in southwest Colorado and northwest New Mexico, has yielded commercial gas for more than a century.  NueVida Resources — a name signifying “new life” — was formed in 2016 to evaluate and capture assets in the San Juan Basin. Utilizing its proprietary database of geologic, engineering and land information, NueVida has strategically assembled a core position of Mancos Shale dry gas leasehold.

Outline of the San Juan Basin

The NueVida team has been represented in the San Juan Basin for more than sixty years. The father of our CEO, John Beecherl, was the President of Tex-Star Oil & Gas who owned interests in leases and wells within our core block in the early 1960s. Our Chief Geologist, Glen Luebking, served as Geologic Manager for Black Hills Gas Resources, and our Chief Operating Officer, Dick Pate, managed assets in the basin for Mitchell Energy. Jim Bob Byrd, the NueVida V. P. – Asset Development, has worked on acquisitions and operations in the basin for Burlington Resources, Black Hills Gas Resources, and the Jicarilla Apache Energy Corporation.

Our Plan for the San Juan Basin

While the San Juan Basin has yielded natural gas production for more than a century, gross annual gas production from the basin has declined from a peak of 4.3 billion cubic feet per day (Bcfd) to less than 2.1 Bcfd over the past two decades. NueVida’s plan in La Plata County, Colorado represents a premium opportunity to reverse this natural production decline. The NueVida lease block is optimally located for operations to confirm, capture, transport and market the sizeable in-place Mancos resource which will help re-establish the San Juan Basin as the premier natural gas province in the Rocky Mountains.

San Juan Basin Production Decline

Our Core Principles

  • Responsibly develop its natural resource assets using collaborative, sustainable state-of-the-art drilling and completion technologies and environmental solutions.
  • Communicate openly and transparently about its operations and shall seek community input as to all public interest matters.
  • Exceed industry requirements for electrification of operations/facilities to minimize air emissions, re-use and recycling of water resources, reduction of operational emissions (“net zero”) and minimize surface use.
  • Represent all of its stakeholders — investors, neighbors, and community members — in building a sustainable culture of mutual success.