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 specializes in acquiring, developing, and producing unconventional oil and gas resources in the Eagle Ford Shale of South Texas. The company strategically invests in assets to enhance its operational capabilities and utilizes modern technology to improve efficiency and production outcomes. Through its focus on disciplined investment and effective resource development, Ensign Natural Resources aims to strengthen its position in the competitive energy sector.
PayRock Energy
Acquisition in 2016
PayRock Energy, LLC, based in Oklahoma City, is a company specializing in the acquisition and development of oil and natural gas resources. It focuses primarily on the STACK play in Oklahoma, as well as the Mississippian play in both Oklahoma and Kansas. Funded by EnCap Investments, L.P., PayRock Energy is led by a management team with a strong record of value creation and extensive experience in the oil and gas industry, particularly with major independent operators in the region. The company's operations encompass both exploration and production activities within its targeted resource areas.
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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