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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]
NGC was purchased by Noble Affiliates, Inc. and Apache Corporation, independent oil and gas exploration and production companies, for a reported $50 million in 1989. [11] In 1993, LG&E Energy Corporation took a stake in NGC, which by then was the largest independent natural gas marketing firm in the United States and had revenues of more than ...
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]
Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, [1] and one of California's largest oil and natural gas producers, with an approximate 2015 revenues of over $2 billion. Aera is operated as a stand-alone company through its board of managers.
The company was founded in 2003 by Michael C. Linn. [2]In 2006, the company became a public company via an initial public offering that raised over $200 million. [3]In 2007, the company doubled its holdings by acquiring many of the oil and gas assets of Hogshead Spouter and Dominion Energy, mainly in Oklahoma, for $2.05 billion.
Northern Natural Gas Company (Omaha) - acquired from Dynegy in 2002 for $928 million. [13] BYD Company (19.92% interest) [3] NV Energy - electricity and natural gas in most of Nevada; Metalogic Inspections Services - Oil and Gas, Electricity generation, Fabrication, Pipeline, Services - acquired in 2013 for $5.4 billion. [14]
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.
In 1995, the company acquired Dekalb Energy Canada, marking the company's return to Canada, in a $285 million stock transaction. [14] In 1995, the company also acquired 315 oil and gas fields in the Permian Basin, the Texas-Louisiana Gulf Coast, western Oklahoma, East Texas, the Rocky Mountains and the Gulf of Mexico from Texaco. [15]