FUELING UTAH’S GROWTH AND PROSPERITY THE OFFICIAL PUBLICATION OF THE UTAH PETROLEUM ASSOCIATION A Complete Picture of the Oil & Gas Industry in Utah Pub. 7 2026 Issue 1
For 80 years, Savage has been a trusted partner in the energy industry. With the help of skilled front-line team members, our experience and infrastructure can be the difference maker. WHAT WE DO MATTERS. savageco.com 4371 3000 W Roosevelt, UT 84066
Mission Statement The Utah Petroleum Association (UPA) is a Utah-based, statewide petroleum trade association representing companies involved in all aspects of Utah’s oil and gas industry. We exist to serve our member companies and advance the responsible development of Utah’s natural resources and manufacture of fuels that drive Utah’s economy. Executive Committee Brad Shafer Marathon Petroleum (Chair) Dan Brooks Crescent Energy (Vice Chair, Upstream) Jeremy Price HF Sinclair (Vice Chair, Downstream) James Lebeck SM Energy Spencer Kimball FourPoint Resources Cameron Cuch Uinta Wax Drew McCallister Greylock Energy Stephen Jeffs Silver Eagle Refining Rocky Edelman Big West Oil Keelen Hauptman Anschutz Exploration Corporation (AEC) Nick Tunnell Scout Energy Josh Anders Savage Kristina Brown Chevron UPA Administrative Staff & Office Rikki Hrenko-Browning President Eden Newell Manager of Strategic Partnerships and Engagement Jennette King Administrative Assistant Marise Textor Air Policy Jon Ekstrom Communications Lead 3 UPDATE
Summary PRESIDENT’S MESSAGE 6 The Task at Hand By Rikki Hrenko-Browning, President, UPA 8 A Complete Picture of the Oil & Gas Industry in Utah 14 UPA’s 2026 Charity Pick: UBTech Investing in the Future of Utah’s Energy Workforce 16 UBTech and UPA Collaboration Safety-Driven Workforce Development in Action Pub. 7 2026 Issue 1 14 17 ©2026 Utah Petroleum Association (UPA) | Memberlink Solutions DBA The newsLINK Group LLC. All rights reserved. UPdate is published three times each year by The newsLINK Group LLC for the UPA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the UPA, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. UPdate is a collective work, and as such, some articles are submitted by authors who are independent of UPA. While UPdate encourages a first‑print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. 20 8 6 17 UPA Member Highlights 19 Membership Updates 20 2026 UPA Event Calendar A Year of Connection, Advocacy and Impact 22 Thank You, UPA Chairman’s Circle Members 4 UPDATE
Uinta Wax — Corporate O ce 6000 Western Place Ste. 1000 Fort Worth, TX 76107 • Investment in an expanded gas takeaway in the Uinta Basin to alleviate aring. • Employing 180 people in the Uinta Basin. • Wildcat Midstream LLP — Rail Terminal — Launched Phase I expansion to allow export of more than 100k Bbls/day to Gulf Coast reneries. • Wildcat Sand Plant — Locally sourced Frac Sand with an annual processing capacity of over 2 million tons. • Gross Production - Over 33K BOEPD. Safely focusing on meeting the world's energy and wax product needs Uinta Wax — Field O ce 978 N Crescent Rd. Roosevelt, UT 84066 Uinta Basin Footprint
PRESIDENT’S MESSAGE The Task By Rikki Hrenko-Browning President, UPA have crop insurance like our partners and friends in agriculture. We aren’t assured a rate of return like a regulated utility. Whatever decisions oil and gas companies make, all the risk and all the reward fall squarely on their shoulders, and success or failure carries real capital consequences. That’s why we have to focus on making the best possible decisions, using the best available information at the time. Ours is a business built on prudent economics. How do we operate judiciously, efficiently and economically, no matter the conditions? How do we innovate to meet the needs of our many, many stakeholders? How do we continue to responsibly develop the products that supply our refineries, which, by extension, provide gasoline, diesel, jet fuel, and thousands of products developed by petrochemicals we all rely on for our daily comforts? Our business is complex. Do the people we elect fully understand the nuances of our business and the breadth of implications their enacted policies will have on us? We don’t expect them to know every single aspect of our business; that would be unreasonable. Anyone who earns an elected office is going to The book “Chop Wood, Carry Water: How To Fall in Love With the Process of Becoming Great” by Joshua Medcalf is about a boy’s journey to achieve his lifelong goal of becoming a samurai warrior. When he arrives in Japan to pursue this dream, he is dismayed that his sensei instructs him to spend his morning — and many mornings after — chopping wood and carrying water to meet the community’s needs. “Chop Wood, Carry Water” reflects a Zen Buddhist work practice that emphasizes focusing on the task at hand and the present moment. It’s here that I think about the Uinta Basin. We can’t control the price of a globally traded commodity, nor can we control the global or national politics that influence industry activity writ large. On a local level, we cannot account for decisions made by our state elected leaders, although we work tirelessly to educate them about the unintended consequences and unseen impacts of those decisions. Whether they choose to listen or not is out of our hands. All we can control are the fundamentals of our business, and it’s worth noting that ours is an inherently risky endeavor. We don’t 6 UPDATE
have an incomplete understanding of any number of issues on which they will be expected to take public positions. As advocates for our industry, we can only hope they listen to our expertise and insights. Every day brings new challenges, often from places you wouldn’t immediately expect. As representatives of this industry in Utah, we address those challenges head-on. We work hard to cultivate relationships with a broad cross-section of stakeholders for just such occasions, so we can educate and inform about the unintended consequences and ripple effects of decisions made at the local, state or federal level. Rarely do policy choices solely affect just one subset of Utah, its businesses or its citizens. Even seemingly simple proposals can be fraught with peril. With that in mind, this issue features a range of pieces that examine and explain Utah’s unique oil and gas operating environment. We examine everything from refinery maintenance and exports to geographic challenges and how housing affects gas prices, and much more. There’s a lot to consider, so we’ve tried to cover our challenges comprehensively without being overwhelming. Meanwhile, while some of us convene in the halls of democracy to advocate for our industry, what do the folks on the ground do, the ones who keep refineries humming day after day? To put it bluntly: They chop wood. They carry water. Modern living requires a great deal of energy, and demand is increasing all the time. Our industry never has an offseason. Someone is always keeping this industry (and, by extension, society) running. You’ll find them in these pages, too, in stories about philanthropy, safety, collaboration and our many upcoming events. We don’t normally run an issue like this so close to the publication of the previous one, but we’re nothing if not responsive to changing circumstances, and we wanted to keep you updated on our efforts to educate and advocate on your behalf. We appreciate all that you do, and we hope you walk away from this edition of UPdate feeling more informed and enlightened. And next time you talk with someone who works in our industry, thank them for the wood, the water, and the oil and gas. Enjoy the issue. at Hand 7 UPDATE
A Complete Picture of the Oil & Gas Industry in Utah 8 UPDATE
Utah is blessed with a productive Uinta Basin that produces both oil and natural gas, and five oil refineries that serve the needs of our residents and those beyond our borders. As with any state or region, ours has unique benefits and challenges. How much do you know about what makes Utah a unique place to do business? In our first issue of 2026, we have taken it upon ourselves to explore that uniqueness and discuss it from a variety of angles. A Unique Product, Unique Geography During the American Revolution, Benjamin Franklin was asked, “What have we got, a republic or a monarchy?” He famously responded, “A republic, if you can keep it.” Regarding Utah, we have a basin poised for growth — if we can keep it. The biggest contributing factor to the overall health of the oil and gas industry is crude oil prices. Crude oil is a globally traded commodity subject to a multitude of factors, including geopolitics, natural phenomena, consumer behavior and much more. We’ve written about “the butterfly effect” before, which means Utah is subject to events far beyond our control. And in terms of crude prices, the Energy Information Administration is predicting $55 per barrel in 2026, which is below optimal levels for maximizing production in the Uinta Basin. Additionally, Utah has more federal lands than any other state but Nevada, as well as tribal jurisdictions, creating additional layers of regulatory complexity, risk and operating costs that other competing basins don’t face. When investors consider Utah, they compare it to other basins that don’t face these stacked costs. Investors don’t compare state tax vs. tribal tax; they look at the “all in” operating cost and risk. If Utah were to, for whatever reason, make wells more expensive, companies that operate across multiple basins would be forced to reconsider where they invest their dollars to maximize returns. If then production were to decline, the result would be less severance tax revenue, which, for one, would affect the state’s transportation budget. To see this in action, one need only look to last year, when the legislature added a new production tax on all oil and gas to support local roads. The Division of Oil, Gas & Mining is also currently making new rules to increase its bonding costs. Continuing to stack costs on these wells makes them more likely to be shut in and will drop production and severance tax revenues to the state. 9 UPDATE
Regarding the product itself, Utah’s waxy crude requires significantly more expensive logistics to handle and transport (e.g., heated tanks, insulated transport, steam-equipped rail cars), adding around $11/barrel in transportation costs compared to $1-5/barrel in competing basins. Compounding the issue is the reality of horizontal drilling. Horizontal wells exhibit very steep decline curves, peaking quickly with high production volumes, then often dropping 200% below initial production volumes within 30 months. Regular capital injections are needed to consistently drill new wells and maintain production, offsetting this decline curve. More on this ahead. This is why we say we have a growth basin — if we can keep it. The success of the basin relies on a bevy of factors, and any tweak to those factors will have ripple effects throughout the basin, the economy and the State of Utah’s budget. Speaking of Decline Curves … In early November 2025, the U.S. Energy Information Administration published an analysis showing that horizontal wells experience rapid declines, requiring more drilling to sustain production. 0 2 4 6 8 10 12 2010 2012 2014 2016 2018 2020 2022 2024 2010 2012 2014 2016 2018 2020 2022 2024 0 20 40 60 80 100 120 2010 2012 2014 2016 2018 2020 2022 2024 pre-2010 vintage wells 2010 2012 2014 2016 2018 2020 2022 2024 Lower 48 states crude oil and natural gas production by well vintage (2010–2024) crude oil natural gas million barrels per day billion cubic feet per day 2024 new well production and production decline from existing wells pre-2010 vintage wells For those unfamiliar with this type of analysis, the graphs show that newer wells initially produce more, seen in the upward trend. But then follow the wave down, and you can see the angle go from something horizontal to looking more like it’s dropping off a cliff. The analysis expands upon this: “Between 2010 and 2024, hydrocarbon production from new wells in the Lower 48 states (L48) generally offset and exceeded declining production from existing wells. Because production from oil and natural gas wells declines over time as reservoir pressure decreases, new wells are required to maintain the same production level. The increasing number of horizontal wells has contributed to this trend because horizontal wells exhibit higher decline rates than vertical wells.” Why does this matter? It is crucial to ensure a stable and supportive regulatory and cost environment to sustain consistent investment in new drilling and maintain current production levels. The Uinta Basin has plenty of inventory to sustain new wells and maintain production, but if we don’t keep drilling new wells, which, it bears mentioning, comes with a massive price tag, production falls off sharply and very quickly. That means state and municipal revenues are significantly at risk, including the severance tax. Why wouldn’t we continue to drill wells? Consider a recent legislative proposal to add significant new taxes on crude and natural gas production, replacing the gas tax, a stable, longstanding revenue source, with a new, unstable revenue source pegged to highly volatile commodity prices, and that would land squarely on the backs of the oil and gas industry, rather than road users. More on this ahead as well. Increasing the cost of drilling new wells in Utah makes the basin less competitive for investment dollars than other basins. We can’t move the oil and gas, but the dollars it takes to unlock it move quickly. This isn’t speculation; we have seen companies and 10 UPDATE
The success of the basin relies on a bevy of factors, and any tweak to those factors will have ripple effects throughout the basin, the economy and the State of Utah’s budget. 11 UPDATE
investment dollars move into and out of the basin for decades. We have finally “cracked the code” of the basin; we have doubled production in a few short years and are proud to say that we are one of only two growing basins in the U.S. It seems to us a rash policy decision to shift taxes from a broad group of users to a single industry, risking the backbone of the basin economy. Combine this with the steep decline curves associated with horizontal drilling, and the loss of production and risk to transportation (and severance) funding under this new proposal, and it becomes a double whammy. Not to mention the prospect of actually selling fewer products to other states. But why? What a New Tax Would Do To Exports Utah’s refineries produce more products than the residents of Utah need. Once local demand is met, our products are sold in other states, such as Idaho and Nevada. In the 2026 session, our legislature considered an export tax on fuel sold to those states with the stated goal of raising revenue to offset a proposed decrease in the gasoline tax. No other state does this because it violates the Commerce Clause of the United States Constitution. Putting aside the (il)legality of this proposal for a moment, here’s why this proposal is unlikely to raise the desired revenue. It’s basic free market economics. If fuel produced in Utah becomes more expensive, then Idaho, Nevada and other states will find other lower-cost sellers (like Montana, Colorado, Wyoming and Canada), which means less fuel sold by Utah refiners and ultimately less money for Utah. If Utah cannot cost-effectively export excess gasoline, it will have to reduce production, making significantly less jet and diesel fuel, tightening fuel supply in Utah and the region, and driving up prices at the pump and across the economy. The ripple effects would be real and extend further than many decision-makers have likely considered. Never mind that by attempting to place an export tax on fuel, the state of Utah risks needless, costly and ultimately unsuccessful lawsuits from other states. The Commerce Clause of the U.S. Constitution limits state authority; the most fundamental of these limits is the prohibition on state taxes that discriminate against interstate commerce. Later proposals looked at a new refinery production tax, which still has legal issues following a long line of judicial precedent that says a state may not do indirectly what it may not do directly. Washington State proposed a nearly identical export tax in 2022 to compensate for the environmental externalities of fuel production exported to other states. Pressure from Idaho, Oregon and Alaska, and the threat of legal action, led Washington to withdraw the proposal. A California Case Study California has aggressively sought to move on from fossil fuels by instituting draconian regulations, setting ambitious timelines to transition its electric grid entirely to renewable resources while phasing out sales of internal combustion engines in its transportation sector, and filing absurd lawsuits against oil and gas companies. None of this has benefited the people of California, who have faced increasingly expensive energy costs and reduced electricity reliability. So, what would happen if Utah followed in California’s footsteps and adopted additional taxes on our downstream sector? Increasing the cost of finished product exports risks the stability of Utah’s refineries and could ultimately increase costs for Utahns. All five of Utah’s refineries are considered “small refineries,” where economies of scale are a disadvantage, with higher costs spread over a smaller volume of production, challenging comparative costs in Utah. Utah’s refineries are continuing to maintain and expand capacity and run at near maximum capacity, as neighboring states reduce capacity. A tax on Utah refined product sales makes Utah refineries less competitive, risking their ability to continue to run at max capacity and expand. If Utah production declines, prices will go up. Fuel refining starts with the manufacture of gasoline, and from that, jet fuel and diesel are made. If we export less gasoline because of an unfavorable price, we will produce less gasoline. Less gasoline means less diesel and jet fuel, raising the costs for Hill Air Force Base, Delta Airlines and diesel users (homebuilders, agriculture, mining, etc.) as volumes decline. Refineries require major capital investments into yearly maintenance to operate efficiently and safely. Continued future profitability is critical in supporting those regular investment decisions. Refineries in California shut down because the state’s regulatory environment prevented them from justifying the necessary capital investments in ongoing operations. Many people move to Utah from California, and many of them want to leave behind the policies that made California less desirable to live in. It would be strange, in the name of raising money from exports, to adopt a policy that would do exactly the opposite. And what about all those people who move to Utah? Cost of Housing vs. Gas Prices A headline from the Salt Lake Tribune last summer reads: “Many Utahns ‘stuck’ with hourlong commutes amid housing crisis.” Interesting. Diving in a little deeper, here’s what the article says: “‘In today’s housing market, it’s clear some households commute long distances either out of necessity or preference,’ said economist Jim Wood. Utah is now tied with Idaho and Rhode Island for the seventh-most-expensive market in the nation, with a median listing price of $599,450, according to the Federal Reserve Bank of St. Louis. That’s behind Montana and just ahead of Colorado.” The article also includes a multitude of anecdotes from people who have chosen affordable housing far from their workplaces and about the length of their commutes. One woman shares that her “drive into Salt Lake City is about 50 minutes. With traffic, it can stretch to as long as two and a half hours.” Oddly, gas prices are never mentioned in this article. 12 UPDATE
Another one from less than a week later reads: “Why these Utahns are OK with their daily commutes.” Again, no mention of gas prices in this article. A lot goes into gas prices: the price of globally traded crude oil, Utah’s unique geographic and topographic position, the relatively small size of Utah’s refineries compared to those on the Gulf Coast — but one thing we’ve yet to touch on is simple supply and demand. If housing in Utah is expensive, pushing people further away from their jobs, it stands to reason that Utah motorists will need more gasoline. And in fact, Utah’s fuel demand has increased 5.2% since 2016, while the national average fuel demand has dropped 5.7% over the same period. Utah is a popular place to live, with thriving economic growth, and while growth is generally preferable to contraction, it also has its own challenges. Lots of people want to enjoy Utah for its abundant benefits and high quality of life. Where and how you fit all those people isn’t easily solved, and that central tension leads to ripple effects that contribute to issues like gas prices. And this problem isn’t going away. A recent article in the St. George News sports the headline: “Utah listed among two-thirds of states where home-buying is increasingly unattainable.” The article goes on to state: “In October, Redfin reported that home prices in Utah were up 4.8% compared to last year, selling for a median price of $578,500. Just five years ago, the average homebuyer here could purchase the average home on an $80,000 income, according to a 2020 report aired by KUTV-News. But a Bankrate.com study in 2024 found that a Utah homebuyer needed a $134,000 income to purchase the average home at a price of $525,000. Although national officials are loath to use exactly those terms, Utah residents are by no means alone in facing the U.S. affordability crisis.” Utah is an incredible place to live and do business, and we at the Utah Petroleum Association are fortunate to represent this industry. Our job is to work with stakeholders at all levels and of all types to ensure a productive, prosperous, and thriving oil and gas industry that benefits us all. We educate, we advocate, we collaborate. Our ultimate goal is to equip decision-makers with the information they need to make decisions. That’s why we thought it prudent to help you understand the unique challenges and opportunities ahead. The Utah oil and gas industry is a growth industry — if we can keep it. 13 UPDATE
UPA’s 2026 Charity Pick: UBTech Investing in the Future of Utah’s Energy Workforce 14 UPDATE
Upgrading this simulation equipment will enhance training quality, better prepare students for real-world operations, and align with the safety expectations of regional operators and service companies. Just as importantly, it will strengthen Utah’s energy economy by helping to ensure a steady supply of highly trained, safety-focused workers to support the long-term success of our industry. It is UPA’s charity events and member participation — including the Basin Shootout, our Topgolf Charity Mixer and other fundraising efforts — that enable us to give back in meaningful ways. By selecting the UBTech Drilling Simulator project as the focus of UPA’s 2026 charity efforts, we demonstrate our investment in the workforce pipeline that sustains Utah’s oil and natural gas industry. This initiative also reflects UPA’s broader commitment to safety, education and workforce development, and underscores the powerful role industry collaboration plays in preparing tomorrow’s energy professionals — right here in the Uinta Basin. The Utah Petroleum Association is proud to announce our 2026 Charity Pick, Uintah Basin Technical College (UBTech). We are focused on helping fund upgrades to UBTech’s Drilling Simulator program, a critical training tool for Utah’s next generation of energy professionals. UBTech delivers hands-on, industry-aligned instruction using the IADC WellSharp curriculum to ensure students are workforce-ready for today’s evolving energy sector. As drilling technology continues to advance, it is essential that training tools evolve alongside it. Modern drilling simulators provide the realism and operational complexity that students need to safely practice critical well-control scenarios, strengthen situational awareness and develop sound decision-making skills before entering the field. 15 UPDATE
UBTech and UPA Collaboration Safety-Driven Workforce Development in Action The Utah Petroleum Association (UPA) continues to strengthen its partnership with Uintah Basin Technical College (UBTech) to advance workforce development with a clear and consistent focus on safety. UBTech’s Oil & Gas training programs — including well control certification and safety-focused coursework tailored to employer needs — play a critical role in ensuring both new hires and experienced employees understand that safety is embedded in every operational task across our industry. This quarter, UPA is proud to spotlight a customized Oil & Gas Refresher Course initiated by UPA’s Upstream Safety Committee and spearheaded by Jake Stone of Greylock. Developed in collaboration with UBTech and basin producers, the course is designed to reinforce safety awareness, operational accountability and adherence to industry standards, ensuring employees at all levels remain vigilant, informed and prepared. By grounding real-world operations in consistent safety principles, this program strengthens jobsite confidence, reduces risk and exemplifies how education and industry collaboration directly support a safer, more resilient energy workforce. 16 UPDATE
UPA Member Highlights Anschutz Exploration Corporation We’re proud to feature Anschutz Exploration Corporation (AEC) as a standout member of the Utah Petroleum Association and an active force in the state’s oil and gas landscape. Based in Denver with assets in Colorado, Wyoming and Utah, AEC brings decades of exploration and operational experience to the Uinta Basin. The company’s seasoned team has drilled and completed hundreds of wells, leveraging advanced technologies and best practices to efficiently develop resources while maintaining high ethical and environmental standards. Anschutz is now part of our Chairman’s Circle and Executive Committee, reaffirming their commitment to leadership and strategic engagement within the Utah energy community. Their work in the Basin contributes reliable energy production that supports local economies, jobs and communities — all while championing industry collaboration and advocacy. Savage UPA is excited to recognize Savage, a long-standing leader in energy infrastructure services, which has recently upgraded to Chairman’s Circle status and joined the UPA Executive Committee. With roots in Utah dating back decades, Savage brings deep expertise in logistics, materials handling and integrated infrastructure solutions that are critical to oilfield operations and midstream connectivity. Savage’s team plays a pivotal role in enhancing operational efficiency for energy producers and service companies throughout the basin and the Intermountain West. Their commitment to excellence, safety and community engagement strengthens the broader energy ecosystem. UPA is honored to have them at the leadership table as we work together to advance Utah’s energy future. 17 UPDATE
Your customers are already here. Will you take the stage? Your Audience Is Waiting. SCAN THE QR CODE TO RESERVE YOUR SPACE. (801) 676-9722
MEMBERSHIP UPDATES The Utah Petroleum Association is proud to share continued momentum within our membership, including a significant upgrade and the welcome addition of several new member companies representing a wide range of expertise across Utah’s energy value chain. We’re thrilled to see UPA’s membership continue to grow and diversify, strengthening collaboration across Utah’s oil and natural gas industry. Welcome to our new members, and thank you to our upgraded and existing members for your continued engagement and support! Welcome to Our New Members SILVER MEMBERS SOGC LLC Formerly Sinclair Oil & Gas, SOGC is a privately held E&P company headquartered in Salt Lake City, with core-operated assets in the Williston and Permian Basins. BRONZE MEMBERS Maverik Logistics Maverik Logistics supports energy operations through reliable transportation and logistics services, helping keep supply chains moving efficiently and safely. Collins Engineers Collins Engineers delivers structural engineering, inspection and asset management services for the oil and gas industry, including land and underwater projects. The firm blends advanced technologies such as UAS, AI and reality modeling with hands-on expertise to provide innovative, practical solutions. Fabian Van Cott Van Cott is a full-service law firm providing trusted legal counsel to businesses across Utah, including clients operating in the energy sector. Thank You for Upgrading Your Support UPGRADED TO CHAIRMAN’S CIRCLE Savage We’re excited to welcome Savage to the Chairman’s Circle following its upgrade from Gold membership, demonstrating continued leadership and investment in UPA’s mission. Founded in 1946, Savage has played a long-standing role in Utah’s energy infrastructure, bringing decades of experience, operational excellence and deep industry knowledge to the association. Western Midstream Western Midstream owns, operates, develops and acquires midstream assets that support efficient and responsible energy production. Atlas Energy Solutions Atlas Energy Solutions supports energy development through integrated solutions focused on efficiency, reliability and operational excellence. Trinity Consultants Trinity Consultants is a leading global environmental consulting firm that helps industries navigate complex regulatory challenges. PROtect LLC PROtect provides specialized safety and protective solutions that help energy operators safeguard their workforce, assets and operations. Trihydro Established in 1984, Trihydro is a national engineering and environmental consulting firm with more than 600 employees nationwide, providing client-focused solutions across environmental, engineering, regulatory and technical disciplines. 19 UPDATE
2026 Events 2026 UPA Event Calendar A Year of Connection, Advocacy and Impact We’re thrilled to share the Utah Petroleum Association’s 2026 Event Calendar, featuring a full year of thoughtfully designed programming that supports our members, strengthens industry collaboration and advances Utah’s energy future. The 2026 calendar includes signature association events, such as the Annual Meeting and Oil & Gas Classic Golf Tournament, alongside a robust lineup of committee meetings, industry roundtables, workforce development initiatives, networking receptions, community outreach events and charitable fundraisers held throughout the year. Whether you’re looking to engage in advocacy, invest in workforce development, elevate your company’s visibility or build meaningful connections across Utah’s oil and natural gas value chain, there is an opportunity for every member to participate, lead and add value. Register today at utahpetroleum.org! MARCH 26 Q1 Young Professionals Networking Lunch 11:30 a.m.-1 p.m. Caffé Molise, Salt Lake City MAY 14 Stroke of Luck Charity Golf Mixer & Reverse Vendor Expo 9-11:30 a.m. | 11:30 a.m.-3:30 p.m. Network and give back at this Topgolf charity mixer — perfect for members, partners and clients. JUNE 18 Q2 Young Professionals Networking Lunch 11:30 a.m.-1 p.m. Swains, Roosevelt JULY 16 Fly Fishing Outing — Charity Fundraiser 7 a.m.-3 p.m. Enjoy a day on the river with guided fly-fishing, camaraderie and support for UPA’s chosen charity initiative. 20 UPDATE
AUGUST 5 Golf Evening Reception Dinner 6-8 p.m. Zermatt Resort, Midway An evening reception before Utah’s premier golf tournament — great for networking in a relaxed setting. AUGUST 6 Oil & Gas Classic Golf Tournament 7 a.m.-3 p.m. Soldier Hollow Golf Course, Midway One of UPA’s most anticipated annual events — join industry peers for a full day of golf, business building and community. AUGUST 24-SEPTEMBER 9 Shootout Hunger Food Drive Competition 8-10 a.m. A multi-day competition across the basin to support local food pantries and give back to the communities where we live and work. SEPTEMBER 10 UPA Basin Shootout A fun, spirited shooting competition that brings together members and friends of the industry — all skill levels welcome! SEPTEMBER 23-24 Uintah Basin Energy Summit All day Uintah Conference Center, Vernal SEPTEMBER 23 UB Energy Summit Reception, hosted by UPA 4-6:30 p.m. Uintah Conference Center, Vernal SEPTEMBER 24 Q3 Young Professionals Networking Lunch 11:30 a.m.-1 p.m. Vernal Brewery, Vernal SEPTEMBER (DATE TBD) Fall STEM Fest DECEMBER 3 Q4 Young Professionals Networking Lunch 11:30 a.m.-1 p.m. Brio Italian Grille, Salt Lake City 21 UPDATE
Based in Denver, Colorado, AEC is a private, independent oil and gas company with assets located in Wyoming, Colorado and Utah. AEC and its predecessors have participated in significant discoveries and the development of oil and gas resources worldwide. Big West Oil is committed to be a top-tier refiner, marketer and employer in the Rocky Mountain Region, focused on building lasting value through operational excellence, continuous improvement and pursuit of internal and external growth opportunities. Chevron’s success is driven by our people and their commitment to getting the results the right way — by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth. Crescent Energy is an independent energy company primarily engaged in exploring, developing and producing oil, natural gas and natural gas liquids in the Eagle Ford, Uinta and Barnett shales. Our mission is to create a sustainable, transparent and returns-driven company. FourPoint Resources is a private exploration and production company based in Denver, Colorado, managed by FourPoint Energy. They take a rigorous approach to geoscience and engineering, combining this approach with their operational expertise and innovation to expand the known limits of the most prolific parts of resource plays. Greylock’s leadership is an experienced team with decades in the energy industry and possessing a wealth of knowledge and unmatched expertise relating to operations, particularly in shale development. HF Sinclair, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high-value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HF Sinclair produces base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and exports products to more than 80 countries. Thank You, UPA Chairman’s Circle Members 22 UPDATE
Marathon Petroleum Company is in the business of creating value for our shareholders through the quality products and services we provide for our customers. As a result, we strive to always act responsibly with those who work for us, with those business partners who work with us, and in every community where we operate. Savage brings deep expertise in logistics, materials handling and integrated infrastructure solutions that are critical to oilfield operations and midstream connectivity. Savage’s team plays a pivotal role in enhancing operational efficiency for energy producers throughout the basin and the Intermountain West. Headquartered in Dallas, Texas, Scout EP is a private energy company focused on the acquisition, development, and production of oil and natural gas assets throughout the U.S. Rockies, including a growing footprint in Utah’s Uinta Basin. Silver Eagle endeavors to be a good corporate neighbor by assisting in positive ways with the Woods Cross and South Davis communities. Silver Eagle endeavors to work collaboratively with municipality governments, agencies and private groups to improve the quality of life within the immediate surroundings of our Woods Cross Refinery. SM Energy is an independent oil and gas exploration and production company with a long-standing, principled approach to doing business ethically and sustainably. Our purpose is to make people’s lives better by responsibly producing energy supplies, contributing to domestic energy security and prosperity, and having a positive impact in the communities where we live and work. Uinta Wax explores and produces oil and natural gas, including Utah Industrial Wax and other related products. With an experienced leadership team focusing on solid horizontal production results, Uinta Wax serves customers throughout the United States. 23 UPDATE
6905 S. 1300 E., #288 Cottonwood Heights, UT 84047 This magazine is designed and published by Memberlink Solutions DBA The newsLINK Group LLC | (855) 747-4003 TAKE US ANYWHERE! Stay up to date from your couch, office or even the moon! Place a 1” x 1” QR Code White on Black Here to the main website Scan to read the most recent publication.
www.thenewslinkgroup.orgRkJQdWJsaXNoZXIy ODQxMjUw