Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · Independent E&P
Earthstone Energy
Earthstone Energy was a Houston-area E&P company focused on the Permian Basin and Eagle Ford before its acquisition by Permian Resources in 2023.
Earthstone Energy, Inc. was a growth-oriented independent oil and natural gas company headquartered in The Woodlands, Texas. The company focused on the acquisition, development, and operation of oil and natural gas properties in the Permian Basin and Eagle Ford Shale. Earthstone was acquired by Permian Resources (formerly Centennial Resource Development) in 2023.
Headquarters
The Woodlands, TX (Houston Metro)
Founded
2014
Employees
400+
Revenue
$2.1 billion (2023)
Earthstone Energy was founded in 2014 and grew rapidly through a series of acquisitions in the Permian Basin and Eagle Ford Shale. Under CEO Robert Anderson, the company executed over 10 acquisitions to build a significant position before merging with Permian Resources in August 2023 in a deal valued at approximately $4.5 billion.
Earthstone operated approximately 220,000 net acres across the Permian Basin (Midland and Delaware sub-basins) and the Eagle Ford Shale in South Texas. The company was known for its acquisition-driven growth strategy and efficient integration of assets.
The Woodlands, TX (Houston Metro)
Amplify Energy
Independent E&P · Houston, TX
Callon Petroleum
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
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.
Callon Petroleum was a Houston-based independent E&P company focused on the Permian Basin before its acquisition by APA Corporation in 2024.
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.