Diamondback Energy
Diamondback Energy is a fast-growing independent E&P company focused on the Permian Basin with a significant presence in the Houston energy community.
NYSE: REI
Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · Independent E&P
Ring Energy
Ring Energy is a Houston-area E&P company focused on oil and gas development in the Permian Basin of West Texas.
Ring Energy, Inc. is an independent oil and natural gas company headquartered in The Woodlands, Texas, focused on the acquisition, exploration, development, and production of oil and natural gas resources in the Permian Basin. The company operates in the Central Basin Platform and the Northwest Shelf of the Permian Basin, targeting conventional and unconventional formations.
Headquarters
The Woodlands, TX (Houston Metro)
Founded
2012
Employees
200+
Revenue
$700 million (2023)
CEO
Paul McKinney
Website
ringenergy.comRing Energy was founded in 2012 and has grown through a series of acquisitions in the Permian Basin. The company's strategy focuses on acquiring and developing oil-rich properties in proven areas of the Permian Basin, utilizing both conventional and horizontal drilling techniques to maximize production and reserves.
Ring Energy operates approximately 100,000 net acres in the Permian Basin, split between the Central Basin Platform and the Northwest Shelf. The company utilizes a combination of conventional vertical wells and horizontal wells to develop multiple productive formations across its acreage position.
The Woodlands, TX (Houston Metro)
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Diamondback Energy is a fast-growing independent E&P company focused on the Permian Basin with a significant presence in the Houston energy community.
Callon Petroleum was a Houston-based independent E&P company focused on the Permian Basin before its acquisition by APA Corporation in 2024.
Pioneer Natural Resources was the largest pure-play Permian Basin E&P company before being acquired by ExxonMobil in 2024.
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