“To provide long-term growth and financial performance for the benefit of the Southern Ute Indian Tribal Membership by maintaining and growing our annual earnings and oil & gas reserves, while continually improving our business performance and engaging in excellent partner, vendor, and community relationships.”
Not just any energy company
Red Willow Production Company is a private oil and gas exploration and production company owned by the Southern Ute Indian Tribe and headquartered in Ignacio, Colorado. Founded in 1992, it operates on the Southern Ute Indian Reservation as Red Willow Production Company. Off the reservation, it operates under several LLCs, most notably Red Willow Offshore, LLC, and Red Willow Production, LLC. It has grown significantly since inception and is now one of the top 25 largest privately owned oil and gas companies in the US.
Red Willow holds an interest in over 1,800 operated and non-operated wells with net production in excess of 70 billion cubic feet of gas equivalent per year. Although Red Willow has expanded operations significantly off the reservation, the San Juan Basin remains the backbone of the company’s operations. The company also has a significant interest in a number of projects in the Deepwater Gulf of Mexico and is actively developing assets in the Delaware basin in West Texas and other onshore regions.