About Yates

Yates Petroleum Corporation is a privately owned, independent exploration and production company. Headquartered in Artesia, New Mexico, YPC has a rich acreage position across the western United States in proven, horizontal resource plays. The Company’s focus areas in the Permian Basin and Powder River Basins are stacked oil plays with low-risk, multi-zone opportunities. Yates has a valuable resource in its employees, who possess a deep technical knowledge across all of our areas of operation. YPC employs more than 350 professionals with a combined 4,800 total years of industry experience.

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The History of Yates

The Illinois State #3 was the first commercial oil well drilled in Southeast New Mexico and the first well on state-owned lands in New Mexico. The operators of the original well were Flynn, Welch, and Yates. The #1 well was dry, the #2 discovered a large, unwanted volume of natural gas (in a time of limited natural gas markets), so the #3 had to be successful, and at 1,947 feet, it was…

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