Driving around the oil fields of North Dakota outside of Minot, you’re struck by the fact that you are surrounded by thousands of square miles of rich, expansive farmland—green fields as far as the eye can see. But it’s what lies beneath North Dakota’s canola crop that kicked off a statewide celebration this week. The state achieved a notable milestone:
ExxonMobil (ticker: XOM) is the largest publicly traded international oil and gas company, with an estimated 25.2 billion BOE of reserves in its 2013 year-end report. The company has a market cap of approximately $441 billion and is the world’s largest refiner and marketer of petroleum products. ExxonMobil’s stock price opened at $104.25 per share on June 24, 2014 – a company
Petróleos Mexicanos, or Pemex, is Mexico’s sole producer of crude oil, natural gas and refined products. The company provides Mexico with one-third of government income and was the ninth largest oil producer in the world in 2012. The oil and gas industry in Mexico has been nationalized since 1938, but production has declined every year since 2004 (24% overall). In
VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil. VAALCO places high emphasis on international opportunities and holds acreage in Gabon, Angola and Equatorial Guinea in West Africa. A total of 2,500,000 gross acres (884,000 net) are in EGY’s portfolio, with the majority (roughly 89%) located offshore.
Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania – however, the company expects its Eagle Ford (EF) operations to fuel its growth and transition to oil thru 2015. PVA’s 2014 plans include
ExxonMobil (ticker: XOM), the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. ExxonMobil ‘s fiscal 2013 production averaged 4.0 MMBOEPD,
Unit Corporation (ticker: UNT) is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. The company celebrated its 50th Anniversary in 2013. Unit
Petróleo Brasileiro S.A., or Petrobras (ticker: PBR), is the state-run oil company of Brazil and has operations in 24 countries across five continents. It is the largest producer in South America and participates in E&P, refining, trade, transportation, petrochemicals, oil distribution, electricity, biofuels, and sources of renewable energy. PBR celebrated its 60th anniversary on October 3, 2013. Petrobras’ proven reserves
Magnum Hunter Resources Corp (ticker: MHR) is an oil and natural gas exploration and production company active in five unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, Eagle Ford Shale, Pearsall Shale and Williston Basin/Bakken Shale. With approximately 631,300 net acres spread across these five plays – needless to say, Magnum Hunter Resources has established a
Resolute Energy Corp (ticker: REN) is an independent oil and gas company focused on the acquisition, exploration, exploitation and development of oil and gas properties primarily in the Aneth Field in the Paradox Basin of Utah, the Powder River Basin of Wyoming, the Permian Basin of Texas and the Bakken trend in the Williston Basin of North Dakota. Resolute’s primary
