Our mission is to find, lease, and drill the highest quality assets in the Permian Basin. We strive to create strong financial returns by using innovative and cost-efficient operations alongside thorough planning and safe practice.
About
Who We Are
Our Values
Intellectual Bandwidth
At Amtex Energy, we pride ourselves on an exceptional amount of experience and intellect which helps us overcome challenges and achieve our goals.
Health, Safety, and Environmental
Our top priority is the safety and wellbeing of our employees, customers and the communities in which we are engaged.
Professional
At Amtex Energy, we follow through on completing the job at the highest level of quality and transparency to maintain positive relationships with our stakeholders.
Strategic
We are tactical in setting goals and exploring every angle before determining the best return on investment through research and due diligence.
Problem Solving
When issues arise, we are quick to identify the root of the problem, find creative solutions, and implement processes where necessary to minimize the risk for the future.
Proactive
At Amtex Energy, we encourage our employees to be passionate, creative, and strive to improve themselves both professionally and personally through education, training, and work-life balance.
Responsible
We promote a culture of organization, accountability, and ownership in one’s work in order to operate at the highest level of efficiency.
Leadership
Team
After graduating from Texas A&M University in 1980 with a degree in Mechanical Engineering, Mr. Savage began work for Amoco Production Company as a petroleum engineer in Odessa, Texas. He was transferred to Houston, Texas in 1984. In 1987, after seven and a half years with Amoco, Mr. Savage founded Amtex Energy, Inc. as a privately owned, independent oil and gas company that operates oil and gas wells in Texas and New Mexico. Shortly after founding the company, Mr. Savage moved back to Midland, Texas in 1988. After years of growth in oil and gas, Mr. Savage diversified into the real estate industry as well. Today, Mr. Savage serves as manager and CEO of the Savage Group, which has multiple companies that are partnerships in land and energy. The corporate office is currently located in Fort Worth, Texas.
Tate F. Savage, Vice President, graduated from the University of Tulsa’s Collins College of Business with a degree in Energy Management in 2012. Tate began his career as a Landman in 2012 when he accepted a position with ConocoPhillips Company in Midland, and then Houston, TX. In 2016 Tate joined Amtex Energy, Inc. as the Land Manager, and has since moved into the position of Vice President. Tate specializes in negotiating acquisitions and divestitures and has played a key role negotiating and closing deals collectively valued over $150MM during his career. Tate lives in Fort Worth, TX with his wife and three kids.
Our History
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1987
Amtex Energy Inc. was formed as an operational drilling company in Midland, Texas by William J. Savage.
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2000
After the oil bust in 1998, Amtex Energy sold its first major drilling partnership to Pogo Producing Company after drilling nine consecutive successful gas wells in a new field.
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2008
Amtex Energy sought out and acquired numerous Permian leases, which later became known as the Southeast Hat Mesa project.
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2017
Amtex Energy sold the Southeast Hat Mesa project to Advance Energy Services, and it continues to lease and drill new assets today.
