Texas & Oklahoma Oil & Gas Completions – April/May 2025

by Marcus Liu - Business Editor
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Pantera and Berexco Drive Texas Oil and Gas Activity

Recent drilling and completion reports indicate continued activity in the Texas Panhandle, with Pantera Energy Company and Berexco LLC leading development efforts. Data from February 2026 reveals details on new wells and ongoing production, highlighting the region’s sustained importance in the U.S. Energy landscape.

Pantera Energy’s Dooley #3 Well

Pantera Energy Company completed its #3 Dooley well, located approximately 22.9 miles southeast of Stratford, Texas, in November 2025. Testing conducted on February 3, 2026, showed a potential production rate of 54 thousand cubic feet of natural gas per day (mcf). The well, situated in Section 67, Block 37 of the T&NO RR Survey (A-440), has a total vertical depth (TVD) and pay depth (PBD) of 3285 feet. The Canadian Record reports the well’s API number as 42-421-31266.

Berexco LLC’s Activity in Moore County

Berexco LLC has been actively involved in multiple projects in Moore County, Texas, including completions and recompletions. According to reports, Berexco completed the #7432 Masterson G well in April 2025, with a TVD of 2429 feet and an API number of 42-341-33774. The company too has shut-in producers, including the #7431 Masterson G (API 42-341-33772) and the #106 Masterson Estate (API 42-341-33773), both completed in April 2025. Berexco has a recompletion project underway at the #7316 Masterson G well (API 42-375-31944).

Berexco LLC: A Regional Operator

Berexco LLC has a substantial operational footprint across several states, including Colorado, Kansas, Montana, Nebraska, Oklahoma, and Texas. ShaleXP data indicates the company has been producing oil and gas since January 1980, with cumulative production totaling over 97.6 million barrels of oil and 159.2 million Mcf of natural gas through February 2026. Current estimates suggest daily production of approximately 5,880 barrels of oil, 3,356 Mcf of gas, and 25,493 barrels of water. Berexco currently operates 1,102 producing wells.

Pantera Energy Company Overview

Pantera Energy Company focuses on operations requiring specialized knowledge in facility management, water handling, wellhead compression, and monitoring. The company’s assets are primarily located in areas demanding this expertise.

Ownership of Berexco LLC

Adam E. Beren serves as the Chairman and President of Berexco LLC, representing the fourth generation of the Beren family involved in the oil and gas industry. Berexco’s website details Mr. Beren’s educational background, including degrees from Harvard College and the J.L. Kellogg School of Management at Northwestern University.

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