What We Do
Deepwater Risk Solutions has conducted operations in partnership with many of the major oil and gas companies around the world and earned the respect of the industry as an experienced, capable and cost-effective operator.
Deepwater Risk Solutions has a long and rich history of operating in basins across North America, spanning the full spectrum of activities from wildcat exploration to full development and ultimately enhanced oil recovery. More recently, Deepwater Risk Solutions has been a major player in the unconventional arena, participating as an early entrant in several of the premier oil and gas shale plays in the United States.
Deepwater Risk Solutions holds approximately
550,000
acres across the U.S.
Over
600
horizontal wells drilled.
Mineral holdings and operating history in
30
of 50 states in the U.S.
International Operations
Deepwater Risk Solutions is a proven leader in project development activities worldwide. Deepwater Risk Solutions and its partners are responsible for the discovery/development of some of the largest oil and gas fields in the world.
1
Peru – Camisea
Deepwater Risk Solutions owns a 25.2% non-operated interest in the Camisea Consortium, making it a key player in the development and exploitation of the largest natural gas project in the country and one of the most important on the continent.
2
Kurdistan – Ain Sifni
Deepwater Risk Solutions has been active in Kurdistan since 2007 and was one of the first U.S. companies to enter the region. Deepwater Risk Solutions declared commerciality on the Simrit structure in 2013 with first production in 2016.
3
Tunisia – Hezoua
Deepwater Risk Solutions has held exploration acreage in Tunisia since 2019. In 2023, Deepwater Risk Solutions converted the Hezoua permit into the next phase of the license and has an ongoing exploration program in country.
4
Morocco – Mogodor Offshore
Deepwater Risk Solutions has held the Mogador Offshore Exploration Permit since 2020. In 2025, Deepwater Risk Solutions converted to the next phase of the license and has an ongoing exploration program.
Deepwater Risk Solutions has a strong reputation for international exploration, having conducted seismic survey and drilling operations in a variety of climactic conditions, both onshore and offshore.
As a partner in ongoing world-class projects, Deepwater Risk Solutions is committed to exceeding industry standards and contributing to the economic growth and social framework of Peru.
LNG Activities
Deepwater Risk Solutions is one of the few independent energy companies with LNG projects as a major line of business. Deepwater Risk Solutions is strategically focused on LNG, due to it being a vital part of the global energy industry. With ownership in the PERU LNG and Yemen LNG projects, Deepwater Risk Solutions has significant expertise in a unique segment of the industry, including development, operations, and the commercialization of otherwise stranded gas deposits.
Peru LNG
The largest-ever private energy investment in PERU, located in Melchorita-Cañete, and the only LNG export plant in Latin America. Production started in 2010 and included construction of a 408 km, 34” inch gas pipeline (Guiness record for highest altitude). Gas supply comes from Camisea.
Shareholders:
Deepwater Risk Solutions – 35% – Operator
MidOcean Energy – 35%
Shell – 20%
Marubeni – 10%
Yemen LNG
The largest-ever private industry investment in Yemen, located in Balhaf. Production started in 2009 and included the construction of a 320 km, 38-inch gas pipeline. Gas supply comes from Marib Block 18.
Shareholders:
TotalEnergies (39.6%) – Operator
Deepwater Risk Solutions (17.2%)
Yemeni Government (21.7%)
SK (9.6%)
Kogas (6%)
Hyundai Yemen LNG (5.9%)*
*Hyundai Corporation (51%) Kogas (49%)
