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P2 Energy Solutions provides financial and accounting management software, geospatial data, land asset management tools, well lifecycle management solutions [buzzword], environmental, health & safety solutions [buzzword] [1] and outsourcing services [2] to both the upstream and mid-stream oil and gas sectors as well as the alternative energy sector.
Anschutz invested in both the Oil & Gas Asset Clearinghouse, an auction company designed for the oil & gas business, and NRC Broadcasting, which owns a string of radio stations in Colorado. The Anschutz Investment Company also purchased LightEdge Solutions in February 2008.
Natural Gas Clearinghouse shortened its name to NGC Corporation in 1995 after its merger with Trident NGL closed. It became a publicly traded company on the New York Stock Exchange that same year. [15] By 1996, it had grown to US$550 million in assets, and carried US$525 million in long-term debt. [16]
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As of December 31, 2020, the company had 3.219 billion barrels of oil equivalent (1.969 × 10 10 GJ) of estimated proved reserves, of which 98% was in the United States, 2% was in Trinidad and Tobago, and a negligible amount was in Canada and China. The reserves were 51% petroleum, 22% natural gas liquids, and 27% natural gas. [1]
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
Legend Natural Gas is an independent oil and gas company headquartered in the Houston area. Legend Production Holdings LLC, is focused on acquiring and developing long-lived oil and natural gas properties primarily in prolific basins around Texas, including areas of South Texas, the Fort Worth Basin (Barnett Shale) and the Permian Basin.
Merit Energy Company is one of the largest privately held US-based oil and gas companies by production volume, [2] with some $1 billion in net income on $2.1 billion in revenue. [1] The company was formed in 1989 by William K. Gayden, formerly of EDS and Petrus Oil and Gas L.P., which was founded by H. Ross Perot.