Flywheel Energy

Flywheel Energy is a private exploration and production company formed to acquire and operate large, producing onshore U.S. oil and gas assets with an emphasis on the Rockies and Mid-Continent. Flywheel Energy began as Valorem Energy in early 2017 with backing from the Kayne Private Energy Income Fund. In 2017, Valorem acquired interests in the Williston Basin for $285 million, and subsequently sold those interests to Northern Oil & Gas in 2019. In December 2018, Flywheel acquired Southwestern Energy's upstream and midstream businesses in Arkansas' Fayetteville Shale for $1.865 billion. Flywheel entities have made over $2.1 billion of acquisitions since 2017.