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.
PayRock Energy, LLC is an Oklahoma City-based company funded by EnCap Investments, L.P. focused on the acquisition and development of resources in the STACK play of Oklahoma. Payrock Energy's Management Team has an extensive track record of value creation together with experiences from Oklahoma City’s most prominent large independent operators.
Globex Energy, Inc
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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