The upstream gas unit is organized around seven functional areas of expertise:
- Health, Safety and Environment
- Land
- Geosciences
- Engineering
- Operations
- Business development
- Finance
Facilities and infrastructure ownership in all of the Upstream Gas unit’s key operating areas allow for control of production expenses, and focused asset ownership in nine core properties represent approximately 90% of production, cash flow and reserves value.
Since 2007, Upstream has doubled production and is continuing to seek further investments both within existing assets and strategic acquisition opportunities.
Gas production facts
- Over 4600 producing wells
- Daily production volume of 170 mmcfe
(million cubic feet equivalent) per day
- Annual production volumes of 59 Bcfe
(in full – billion cubic feet equivalent)
- Reserves (proven plus probable) 600 BCFe
with a reserves life index of 10 years
- Our portfolio has significant development
potential with 382,000 net acres of
undeveloped land
Wes Morningstar
Senior Vice President, Upstream Gas
Wes.Morningstar@directenergy.com
As Senior Vice President, Wes is responsible for growing and evolving Direct Energy’s upstream business. He has more than 22 years of experience in the oil and gas industry, including exploration and development, exploitation, geology and capital investment strategy.
Before joining Direct Energy, Wes was Vice President, Exploration and Development, as well as Vice President of Exploitation at Ketch, Acclaim and Canetic Resources. Prior to that, he was Vice President, Exploration and Development at Magin Energy, Inc.
Wes holds a bachelor's degree in Geology from Brandon University. He is a member of CSPG, APPEGA and APEGS.
