Marathon Oil is an independent oil and gas exploration and production company headquartered in Texas. The company specializes in the development of unconventional resources within the United States. As of the end of 2023, Marathon Oil reported net proved reserves of 1.1 billion barrels of oil equivalent, with an average net production of 405 thousand barrels of oil equivalent per day. This production comprises approximately 70% oil and natural gas liquids, and 30% natural gas. Marathon Oil emphasizes safe and responsible production practices while prioritizing environmental, social, and governance (ESG) considerations. The company’s strategic focus is on maintaining a strong financial position and delivering value to its investors through a diverse oil and gas portfolio.
Ensign Natural Resources is an exploration and production company that operates primarily in the Eagle Ford Shale region of South Texas. The company specializes in acquiring, developing, and producing unconventional resources within the United States. Emphasizing disciplined investments, Ensign Natural Resources leverages modern technology to enhance its operations and improve efficiency in oil and gas production. Through strategic asset acquisitions and development initiatives, the company aims to expand its footprint in the industry while maintaining a focus on effective resource management.
PayRock Energy
Acquisition in 2016
PayRock Energy, LLC is an Oklahoma City-based company engaged in the exploration and production of oil and natural gas. It specializes in the acquisition and development of resources in the STACK play of Oklahoma and the Mississippian play in Oklahoma and Kansas. The management team at PayRock Energy possesses a strong track record of value creation, drawing from extensive experience with some of Oklahoma City’s leading independent operators.
Globex Energy
Acquisition in 2002
Globex Energy, Inc explores and produces oil and gas from projects outside of the United States.
Pennaco Energy
Acquisition in 2001
Pennaco Energy, Inc. operates as an independent energy company that focuses on the exploration, development, acquisition, and production of natural gas from coal bed methane properties located in the Powder River Basin of northeastern Wyoming and southeastern Montana.
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