About Approach Resources, Inc.
Approach Resources Inc. was a United States–based independent oil and natural gas exploration and production company focused on the acquisition, development, and production of unconventional oil and natural gas reserves. The company's operations were concentrated primarily in the Permian Basin of West Texas, where it developed horizontal drilling and hydraulic fracturing projects targeting the Wolfcamp formation. Approach Resources managed activities including acreage acquisition, drilling, production, and reserve development, supplying crude oil, natural gas, and natural gas liquids to the energy market. The company was founded in 2002 and was headquartered in Fort Worth, Texas, United States. In 2019, Approach Resources Inc. filed for Chapter 11 bankruptcy protection and subsequently emerged as a privately held company before its assets were acquired by Laredo Petroleum, Inc. in 2021.