Midland Chamber of Commerce’s Post

A word from our 2024 Star-Spangled Salute Cool Zone Sponsor, Henry Resources: Over the past 50+ years, the Henry name has become integral to the storied history of oil & gas development in the Permian Basin. Beginning as a Spraberry expert in 1969, Jim Henry built a technically focused organization that would ultimately be one of the first movers in recognizing and exploiting the Wolfberry play in the early 2000s. Guided by a rich corporate history and the stellar example of our founders Paula and Jim Henry, the Company strives to maintain its position as a leader in both the Permian Basin oil & gas industry and the Midland community.   Henry has been in business and located in Midland, Texas, since its founding in 1969. Until 2008, the Company focused primarily on investing in operated oil and gas assets. With several significant liquidity events in 2008 and 2010, the Henry family diversified its investments into a broader portfolio.   As a result, the Henry organization expanded into a diversified family office comprised of two sides: oil & gas and investments.   From 2008 to 2023, Henry’s oil & gas segment focused investment into operated assets. In November 2023, Henry divested virtually all its remaining operated oil & gas assets to Vital Energy. After the sale, the Company decided to pivot away from operations.   Though Henry’s business model may have changed, our values and commitment to Midland and the Permian Basin have not. Under the leadership of Paula Henry, the Henry organization intends to stay active in oil & gas as a non-op investor and carry on the legacy of integrity and excellence so important to our founder, Jim Henry.

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