U.S. Energy Development
- Company typePrivate
- Founded1980
- HeadquartersFort Worth, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What U.S. Energy Development does
U.S. Energy Development Corporation (USEDC), founded in 1980 and headquartered in Fort Worth, Texas, is a privately held exploration and production (E&P) operating firm that develops oil and gas projects for itself and its partners across major US basins. The company operates 20,000+ BOEPD of gross production across approximately 300,000 gross acres held by production, with active positions in the Permian (Delaware and Midland), Eagle Ford, Powder River, and DJ basins, and has been involved in more than 4,000 wells across 13 US states and Canada since inception. Its technical platform combines horizontal drilling and hydraulic fracturing operations with a proprietary "big-data" investment decision framework used to evaluate over 220 opportunities annually, supported by an enterprise technology stack with AWS-certified personnel and ISO 14001 / ISO 26000-aligned environmental and social governance systems.
USEDC's business model couples operating cash flow with capital markets activity, raising capital from individual accredited investors, financial professionals (Broker-Dealers, RIAs, Registered Reps), family offices, and institutional investors through a family of limited partnerships — including Genesis Drilling Funds, Strategic Income Funds, Opportunity Zone Funds, 1031 Exchange Funds, Institutional Energy Partners, and Private Capital Funds. Distribution is conducted via direct sales to accredited investors through an investor portal, an affiliated Managing Broker-Dealer (Westmoreland Capital Corporation), an internal wholesaling team, and dedicated outreach to oil & gas professionals via 35+ joint venture partners across joint development, wellbore-only, and farm-in/drill-to-earn structures. Approximately $1 billion was deployed in 2025, including the largest single acquisition in the company's history ($390 million for ~20,000 net acres in Reeves and Ward Counties, Texas), with up to $1 billion planned for 2026.
The company is founder-family-influenced (Joseph and Judy Jayson founded it; Jordan Jayson is second-generation CEO and Chairman since 2014) with a majority-independent Board of Directors. Capital is supplemented by a $300 million syndicated revolving credit facility (maximum $500 million) led by Citibank, N.A., plus affiliated real estate activity through U.S. Property Development LLC.
U.S. Energy Development firmographics
Firmographics- Name
- U.S. Energy Development
- Legal name
- U.S. Energy Development Corporation
- Website
- https://usedc.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
U.S. Energy Development industry classification
Industry- Product category
- Oil & Gas Exploration and Production / Direct Energy Investments
- NAICS
- Natural Gas Extraction (21113)
- SIC
- Crude Petroleum & Natural Gas (1311), Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)
- akta.pro secondary industries
- Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Renewable Energy Infrastructure (FSAAAKAG)
Keywords
Where U.S. Energy Development is headquartered
LocationHeadquarters
- HQ city
- Fort Worth
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
U.S. Energy Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Drilling Fund & Investment Vehicle Capital Raises: Capital is raised from individual accredited investors, financial professionals (broker-dealers, RIAs, registered reps), and institutional investors through limited partnerships (Drilling Funds, Strategic Income Funds, Genesis Drilling Funds, Opportunity Zone Funds, Institutional Energy Partners). Each fund deploys investor capital into specific oil & gas projects with customizable deal terms.
- Operated Oil & Gas Production Revenue: Operates production of over 20,000 barrels of oil equivalent per day (BOEPD) gross operated production across approximately 300,000 gross acres held by production. Generates revenue from sale of crude oil and natural gas produced from operated wells.
- Broker-Dealer Commissions (Westmoreland Capital Corporation): U.S. Energy's affiliated Managing Broker-Dealer, Westmoreland Capital Corporation, generates commission revenue from the sale of USEDC investment offerings. Matthew Iak serves as CEO and President of Westmoreland Capital Corporation.
- Joint Venture & Asset Acquisition Fees: Generates value from joint venture partnerships with over 35 JV partners; structures include joint development, wellbore only, and farm-in/drill-to-earn structures deployed across multiple projects ($5M-$20M+ typical project size).
- Real Estate Income (Affiliate): Affiliate U.S. Property Development manages the historic Armour Building in the Fort Worth Stockyards and invests in industrial, self-storage, and commercial properties. Leader track record of over $50 million in real estate projects over the past 18 months.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Accredited investor limited partnerships (multiple fund types) |
| Other | Multi-year contract | Institutional project investments with customizable deal terms |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
U.S. Energy Development product offering
Product offeringCore offering
U.S. Energy Development Corporation is a privately held exploration and production (E&P) operating company that acquires, develops, and operates oil and gas properties across major U.S. basins including the Permian, Powder River, and Eagle Ford. The company also structures and distributes direct energy investment funds (Drilling Funds, Strategic Income Funds, Genesis Drilling Funds, Opportunity Zone Funds, Institutional Energy Partners, and Private Capital Funds) for accredited individual investors, financial professionals, and institutional partners.
Differentiator
Problem solved
Functional benefit
Brands
- Genesis Drilling Funds (I through IX): A series of named drilling fund offerings marketed to investors through USEDC.
- Strategic Income Funds (I through V)
- Opportunity Zone Funds (I, II, III)
- Institutional Drilling Funds (I, II) and Institutional Energy Partners (I, II, III, 2023)
- Private Capital Funds (II, III)
- Westmoreland Capital Corporation
- U.S. Property Development LLC
Products and services
- Drilling Funds
- Strategic Income Funds
- Opportunity Zone Funds
- Energy 1031 Exchange Funds
- Institutional Energy Partners
- Private Capital Acquisition Funds
- Institutional Project Investments
- Joint Venture Operating Partnerships
- Operated Oil and Gas Production
- Landowner Leasing Services
Quantifiable outcome
- $1 billion deployed in 2025, including the largest single transaction in firm history ($390 million Permian Basin acquisition of ~20,000 net acres)
- +6 more outcomes
Companies that use U.S. Energy Development
Customer profileNamed customers2 records
Ideal customer profiles5 records
U.S. Energy Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability1 record
Feature5 records
U.S. Energy Development partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and flagship.
- Whiting-Turner Contracting CompanycoreGeneral contractor for the comprehensive remodel and restoration of USEDC's headquarters — the historic Armour Building in the Fort Worth Stockyards. Restoration project recognized with Historic Fort Worth Inc. Preservation Project Award in October 2025.
- Bennett PartnerscoreArchitect and interior designer for the comprehensive remodel and restoration of USEDC's historic Armour Building headquarters in the Fort Worth Stockyards.
- Willkie Farr & Gallagher LLPcoreLegal counsel to USEDC on the $390 million Permian Basin asset acquisition of ~20,000 net acres in Reeves and Ward Counties, Texas — the largest single acquisition in USEDC's 45-year history.
- Sidley Austin LLPcoreLegal counsel to USEDC on its syndicated revolving credit facility led by Citibank, N.A. (upsized from $165M to $300M with max $500M).
- RBC Richardson BarrcoreAdvisor on the $390 million Permian Basin asset acquisition process for USEDC.
- U.S. Property Development LLCcoreAffiliate of USEDC launched by USEDC's leadership team. A private real estate investment firm focused on industrial, self-storage, and commercial properties across the United States. Independent from USEDC's oil and gas operations but leverages shared operational infrastructure. U.S. Property Development was retained to consult on the Armour Building restoration and now actively manages the property. Leadership team has track record of over $50 million in real estate projects over the past 18 months.
- Shell Oil CompanycoreOperated the Columbia Project in Loving County, West Texas. USEDC acquired an $8.5 million interest in three horizontal Wolfcamp wells targeting oil-producing zones in the Permian Basin. Total development cost was $24.1 million.
- Westmoreland Capital CorporationflagshipUSEDC's affiliated Managing Broker-Dealer; Matthew Iak serves as CEO and President. Westmoreland Capital Corporation distributes USEDC investment offerings to broker-dealers, RIAs, and other financial professionals. A core part of USEDC's capital-markets distribution infrastructure.
Scale indicators13 records
Recent moves8 records
Expansion highlights5 records
U.S. Energy Development competitors and assessment
Company assessmentDirect peers
- Black Stone Minerals: Master limited partnership that owns mineral and royalty interests across US basins; comparable to USEDC's direct-investor angle and multi-basin asset ownership model, although Black Stone is purely a minerals/royalty owner rather than an operator.
- Kimbell Royalty Partners: MLP that acquires mineral and royalty interests in US oil and gas basins and offers direct public-market exposure to upstream production — closely comparable to USEDC's individual-investor-facing, multi-basin direct energy investment model.
- Dorchester Minerals: Publicly traded MLP holding mineral, royalty, overriding royalty and net profits interests in US oil and gas properties — operates a similar direct-investor model and multi-basin portfolio strategy to USEDC's fund structures.
- Vital Energy (formerly Laredo Petroleum): Mid-cap Permian-focused upstream operator with diversified Midland Basin and Delaware Basin position — comparable in scale (tens of thousands of BOEPD) and Permian-centric strategy, though publicly traded rather than private/family-controlled.
- Civitas Resources: Independent upstream operator focused on the Permian, DJ and Powder River basins with significant Rocky Mountain exposure — overlaps with USEDC's Permian, DJ and Powder River Basin footprint and similar independent-operator positioning.
- Earthstone Energy: Permian (Delaware and Midland Basin) focused upstream operator of similar size and asset profile to USEDC — relevant comparable for basin mix, scale, and operational benchmarking, though structured as a public E&P.
- Panhandle Oil and Gas: Publicly traded minerals and royalty company with assets across multiple US basins; comparable in its direct-investor exposure model and multi-basin mineral/royalty strategy to USEDC's fund vehicles.
- Ring Energy: Permian-focused (Delaware and Central Basin Platform) upstream operator with similar operating model and target basins to USEDC — relevant comparable on asset mix and operational strategy, though Ring is a public E&P without the direct-investor fund layer.
Broad incumbents
- Diamondback Energy: Large publicly traded pure-play Permian Basin E&P operator with ~300,000 net acres and substantially larger production than USEDC; a relevant comparable for basin exposure and operational benchmarking even though it does not offer direct-investor funds.
- Tortoise Capital Advisors: Asset manager specializing in energy and energy-infrastructure listed equities and private investments; comparable to USEDC's direct-energy-investment fund platform from the distribution side, though Tortoise is an investment manager rather than an operator.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat8 records
Key risks6 records
Key highlights7 records
Customer concentration
U.S. Energy Development social profiles
Digital presenceU.S. Energy Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
U.S. Energy Development leadership team
Management profileNumber of profiles
Profiles16 records
U.S. Energy Development subsidiaries and ownership
Company hierarchySubsidiaries2 records
U.S. Energy Development funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
U.S. Energy Development M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about U.S. Energy Development
What does U.S. Energy Development do?
U.S. Energy Development Corporation is a privately held exploration and production (E&P) operating company that acquires, develops, and operates oil and gas properties across major U.S. basins including the Permian, Powder River, and Eagle Ford. The company also structures and distributes direct energy investment funds (Drilling Funds, Strategic Income Funds, Genesis Drilling Funds, Opportunity Zone Funds, Institutional Energy Partners, and Private Capital Funds) for accredited individual investors, financial professionals, and institutional partners.
Is U.S. Energy Development a public or private company?
U.S. Energy Development is a private company. It is classified as family owned and is currently operating.
When was U.S. Energy Development founded?
U.S. Energy Development was founded in 1980. It employs 101 to 250 people.
Where is U.S. Energy Development based?
U.S. Energy Development is headquartered in Fort Worth, United States, in the North America region.
How does U.S. Energy Development make money?
Five revenue lines are on record. Drilling Fund & Investment Vehicle Capital Raises are the primary driver. The others are operated Oil & Gas Production Revenue, broker-Dealer Commissions (Westmoreland Capital Corporation), joint Venture & Asset Acquisition Fees and real Estate Income (Affiliate).
Who are U.S. Energy Development's main competitors?
Direct peers on record are Black Stone Minerals, Kimbell Royalty Partners, Dorchester Minerals, Vital Energy (formerly Laredo Petroleum), Civitas Resources, Earthstone Energy, Panhandle Oil and Gas and Ring Energy. Broad incumbents are Diamondback Energy and Tortoise Capital Advisors.
Does U.S. Energy Development have an API?
No public API is recorded for U.S. Energy Development.
What industry is U.S. Energy Development in?
U.S. Energy Development's product category is Oil & Gas Exploration and Production / Direct Energy Investments. Its primary akta.pro industry code is EUAMAGAJ, Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence), with a secondary code of EUAMAAAF, Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build). Its NAICS code is 21113 and its SIC code is 1311.