Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · Independent E&P
Callon Petroleum
Callon Petroleum was a Houston-based independent E&P company focused on the Permian Basin before its acquisition by APA Corporation in 2024.
Callon Petroleum Company was an independent oil and natural gas company headquartered in Houston, Texas, with primary operations in the Permian Basin of West Texas. The company was known for its multi-zone development approach and strong operational execution. APA Corporation (formerly Apache) completed its acquisition of Callon Petroleum in early 2024.
Headquarters
Houston, TX
Founded
1950
Employees
600+
Revenue
$2.5 billion (2023)
Callon Petroleum was founded in 1950 and spent decades operating in the Gulf of Mexico before pivoting to the Permian Basin in 2016. The company rapidly grew its Permian position through several acquisitions, building a contiguous acreage position in the Delaware Basin and Midland Basin. APA Corporation acquired Callon Petroleum in 2024 for approximately $4.5 billion.
Callon operated approximately 170,000 net acres in the Permian Basin, split between the Delaware Basin (Reeves and Ward counties) and the Midland Basin (Howard and Midland counties). The company was known for multi-zone co-development and capital-efficient operations.
Houston, TX
Amplify Energy
Independent E&P · Houston, TX
Centennial Resource Development
Permian Basin E&P · Houston, TX
Comstock Resources
Natural Gas E&P · Frisco, TX (Houston Operations)
ConocoPhillips
Independent E&P · Houston, TX
Coterra Energy
Independent E&P · Houston, TX
Denbury Inc.
Carbon Capture & EOR · Plano, TX (Houston Operations)
Diamondback Energy is a fast-growing independent E&P company focused on the Permian Basin with a significant presence in the Houston energy community.
Pioneer Natural Resources was the largest pure-play Permian Basin E&P company before being acquired by ExxonMobil in 2024.
Devon Energy is a leading independent E&P company with significant Houston-area operations and major Permian Basin assets.
EOG Resources is one of the largest independent E&P companies in the US, known for its technical innovation and premium drilling locations, headquartered in Houston.
We value your privacy
We use cookies to enhance your browsing experience, serve personalized ads, and analyze site traffic. By clicking "Accept All", you consent to our use of cookies.