Bud Brigham founded Brigham Exploration Company in 1990 and served as its President, Chief Executive Officer and Chairman of the Board until its sale to Statoil ASA in December 2011. As founder and CEO, Bud managed Brigham Exploration Company’s rapid growth as a private company from an initial investment of $25,000 in 1990 to its initial public offering in 1997. After 1997, Brigham Exploration continued to achieve low finding costs while achieving significant growth in reserves, production and cash flow. Brigham Exploration was a leading innovator in the Williston Basin Bakken and Three Forks oil resource plays and was the first operator in the basin to drill a long lateral high frac stage well substantially expanding the play. The Company accumulated 375,000 net acres in the Williston Basin and had drilled approximately 100 long lateral high frac stage wells with an average initial production rate of approximately 2,800 barrels of oil equivalent per day prior to its sale in December 2011 for $4.5 billion. Bud Brigham subsequently founded Anthem Ventures as their family enterprise, Brigham Development for its real estate ventures, and Anthem Productions for its movie ventures. Bud teamed with others to found Brigham Resources and Brigham Minerals for oil and gas investments primarily targeting horizontal drilling and fraccing in domestic unconventional reservoirs.
Prior to Brigham Exploration, Bud served for six years as an exploration geophysicist with Rosewood Resources, an independent oil and gas exploration and production company. Bud began his career in Houston as a seismic data processing geophysicist for Western Geophysical, a provider of 3-D seismic services, after earning his B.S. in Geophysics from the University of Texas. Bud is a member of the National Petroleum Council, the American Association of Petroleum Geologists (AAPG), the Society of Exploration Geophysicists (SEG), the Independent Producers Association of America (IPAA), the Society of Independent Professional Earth Scientists (SIPES), and The Bureau of Economic Geology Visiting Committee. He was inducted into the All American Wildcatters in April 2012, and in April, 2015 Bud accepted and joined the University of Texas Chancellor’s Council Executive Committee.
Chief Executive Officer
Gene Shepherd has been the Chief Executive Officer of Brigham Resources since April, 2013. Before joining Brigham Resources, he served as the Chief Financial Officer of Brigham Exploration from June, 2002 until the sale to Norway based Statoil ASA in December, 2011. Prior to joining Brigham Exploration, Gene had approximately 20 years of financial and operational experience in the energy industry. Gene served as Integrated Energy Managing Director for the investment banking division of ABN AMRO Bank, where he executed merger and acquisition advisory and capital markets transactions for energy companies. Mr. Shepherd had a similar focus in his role at Prudential Securities Incorporated, Stephens Inc. and Merrill Lynch Capital Markets. Prior to his stint in the financial services industry, Mr. Shepherd worked for over four years as a petroleum engineer for both Amoco Production Company and the Railroad Commission of Texas.
Gene serves on the boards of KIPP Austin Public Schools and the Capital Area Council of the Boy Scouts of America. He has a B.S. in Petroleum Engineering and a MBA, both from the University of Texas at Austin. Gene is also a member of the Engineering Advisory Board of the University of Texas Cockrell School of Engineering.
Chief Financial Officer
J Silva has over 19 years of experience providing investment banking, auditing and consulting services in the energy industry. Prior to joining Brigham Resources in May 2012, Mr. Silva was Vice President and Chief Financial Officer for Rivington Holdings, LLC, an independent investment banking firm, where he spent over 9 years providing capital raising, M&A advisory and contract CFO services to small and mid-cap energy companies. Prior to Rivington, J was an audit manager for Arthur Andersen, LLP and spent over nine years in their audit energy group. J graduated from the University of Texas at Austin in 1993 with Bachelor’s and Master’s degrees in Accounting and he has his CPA license in the State of Colorado.
Executive Vice President Exploration
Pat Medlock is our EVP of Exploration and has over 30 years of industry experience. He plays a critical role in leading the team of explorationists at both Brigham Resources and Brigham Minerals. He is integral in working with the team on prospect generation, operational geology and mineral evaluation.
Pat started at Brigham Exploration Company in 1997 as an exploration geologist. As a proven oil finder and with experience in most onshore domestic producing provinces; he helped led Brigham Exploration’s early geologic entry into the Williston Basin’s Bakken and Three Forks plays in 2006.
Previously, Pat worked as an exploration geologist for Newfield, Jones Energy and ERICO/MASERA. Pat has a BS from The University of Kansas and a MS from Oklahoma State University. Pat is a member of the AAPG, Rocky Mountain Association of Geologists, Tulsa Geological Society and Oklahoma City Geological Society.
Executive Vice President Operations
Erik Hoover recently joined the Brigham Resources team as Executive Vice President of Operations. Erik joins Brigham Resources after a one-year role as Director of Operations for Statoil’s Bakken Business Unit. In addition to overseeing all operational aspects of the Bakken Business Unit, with a $1.5 billion budget for 2012, Erik was instrumental in transitioning operations from Brigham Exploration Company to Statoil. During the last year, Erik managed up 18 rigs in the Williston Basin and 35 employees. Under his direction, Statoil grew production to 49 Mboe per day in November 2012. Furthermore, Erik managed the conversion of Statoil’s drilling fleet to walking systems and fully implemented multi-well drilling pad operations.
Prior to the acquisition of Brigham Exploration Company by Statoil in December 2011, Erik served in a multitude of roles for Brigham for 14 years, most recently as Operations Manager. During that period Erik drilled wells in the over-pressured Vicksburg, Anadarko Basin, offshore Louisiana and in the Williston Basin.
In the Williston Basin, Erik played a critical role in de-coding the optimal drilling and completion formula that opened up the Williston Basin to economic drilling west of the Nesson Anticline. The Brigham operational team drilled the first long lateral high frac stage well, which is now the standard drilling and completion design imitated by almost every operator in the Williston Basin. At the time of the sale to Statoil, Brigham had drilled over 100 long lateral high frac stage wells with an average initial production rate of 2,800 boepd. Erik was also integral in the development of Brigham’s midstream infrastructure system, which help to more efficiently and effectively take away and deliver oil, natural gas, fresh water and disposal fluids to and from drilling locations.
Prior to joining Brigham Exploration in 1997, Erik worked nine years for Mewbourne Oil Company in various roles (including District Manager) and locations including Texas, Oklahoma and New Mexico.
Erik received a Bachelor of Science in Petroleum Engineering from Texas A&M University.
Executive Vice President Land
Ken Treaccar recently joined the Brigham Resources team as Executive Vice President of Land and Brigham Minerals as Chief Executive Officer. Ken joins Brigham Resources after a one-year role as Director of Land for Statoil’s Bakken Business unit in Austin, Texas. Prior to the acquisition of Brigham Exploration in December, 2011 by Statoil, Ken had been Director of Land and an Area Land Manager for Brigham for 15 years. Before Brigham, Ken held Landman positions with Hunt Oil Company, Pacific Enterprises Oil Company and Sabine Corporation actively working a number of US Onshore Basins since 1980. This included mineral and royalty acquisition efforts and management at Sabine Corporation and Brigham Exploration. Ken is a Certified Professional Landman with a BBA in Petroleum Land Management from the University of Texas in Austin.
VP Delaware Basin
Ed Parma is a geologist with over 33 years of Permian Basin experience and currently serves as the Vice President of the Delaware Basin for Brigham Resources. Ed began his career as a Geological Engineer with Tenneco Oil Company and after five years, he and three of his colleagues left to form a successful independent oil company in Midland, Texas. Ed was responsible for prospect generation that led to the discovery and development of significant oil and gas reserves in the Permian Basin and he continued his role in the company until joining Brigham Resources in 2013. Ed graduated in 1983 with a B.S. in Geology from Texas A&M University.
VP New Ventures
Ricky Cox has 34 years of experience as a petroleum geoscientist. Prior to joining Brigham Resources, he spent seven years at Concho Resources. His final role at Concho was as Lead Geologist for both the Midland Basin asset and Southern Delaware Basin asset. He previously worked as an exploration geologist for Latigo Petroleum, Great Western Drilling, and Marathon Oil. Ricky has a BS and MS degree in Geosciences from Texas Tech University. He is a member of American Association Petroleum Geologist, West Texas Geological Society, and the Roswell Geological Society.
Reservoir Engineering Manager
Matt Weber joined the Brigham Resources team in 2013 and serves as the Reservoir Engineering Manager. Prior to joining Brigham, Mr. Weber spent six years at EXCO Resources as a reservoir and completions engineer. While at EXCO, Matt served as Completions Supervisor for its Haynesville Shale development, where his engineering team was responsible for completions in conjunction with a 22-rig horizontal drilling program. He began his career at Anadarko Petroleum Corp., and served as a production and completions engineer on assets ranging from coalbed methane development in the Rockies to HPHT tight gas in North Louisiana.
Mr. Weber graduated from the University of Texas at Austin in 2004 with a Bachelor’s degree in Petroleum Engineering.