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From its working interests in 7000 wells and 5600 operated wells across Northern Michigan , Riverside ’ s daily gross sales in Michigan exceed 130 Mmcf natural gas
Energy , Oil & Gas recently sat down with Rob Gerhard , Founder and Chief Executive Officer at Riverside , and Jim Schramski , Chief Operating Officer , to learn more about the company ’ s operations past , present and future .
“ Riverside was founded in 2010 by Rob Gerhard and his partners to expand their successful mining investments business into the oil and gas space ,” Jim begins . “ Riverside began with exploration – leasing , shooting seismic and wildcat drilling . Later , in 2012 , it acquired El Paso ’ s natural gas wells and substantial property acreage in Indiana . In
2016 , with the support of private equity firm White Deer , Riverside purchased Chevron ’ s Michigan asset portfolio and immediately became the largest upstream natural gas production company in Michigan , with over 1800 operated wells and a non-operated working interest in 1000 more , principally in Michigan ’ s Antrim Shale natural gas play . “ With nine other acquisitions after the initial purchase from Chevron in 2016 , also mainly in the Antrim Shale , Riverside has grown to produce over 55 percent of Michigan ’ s local natural gas supply and , more importantly , breathed decades of future life
Your One-Stop Solution for Michigan ’ s Energy Industry !
From drilling with our five advanced rigs to hauling , site construction , and casing crew services , we offer everything you need to power your projects forward . Our services include cementing , torque turn , conductor casing up to 30 ” diameter , rig anchor setting , and drill bit distribution as an authorized Baker Hughes supplier . Trust us to deliver quality and efficiency on every job .
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CALL TODAY : 989 775 6608
OVER 150 YEARS OF COMBINED EXPERIENCE
OIL & GAS DRILLERS SINCE 1996
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