Amplify Energy
Amplify Energy is a Houston-based independent E&P company with operations in Oklahoma, the Rockies, and offshore California.
Upstream companies focus on exploration and production (E&P) of crude oil and natural gas. Houston hosts the headquarters of many of the world's largest independent E&P companies.
Amplify Energy is a Houston-based independent E&P company with operations in Oklahoma, the Rockies, and offshore California.
Callon Petroleum was a Houston-based independent E&P company focused on the Permian Basin before its acquisition by APA Corporation in 2024.
Centennial Resource Development is a Houston-based independent oil and natural gas company focused on the development of unconventional resources in the Permian Basin.
Comstock Resources is one of the largest independent natural gas producers in the United States, focused on the Haynesville and Bossier shale formations.
ConocoPhillips is the world's largest independent exploration and production company, headquartered in Houston, Texas.
Coterra Energy is a Houston-based E&P company with premier assets in the Permian Basin, Marcellus Shale, and Anadarko Basin.
Denbury is a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery (EOR) company with significant operations in the Gulf Coast region.
Devon Energy is a leading independent E&P company with significant Houston-area operations and major Permian Basin assets.
Diamondback Energy is a fast-growing independent E&P company focused on the Permian Basin with a significant presence in the Houston energy community.
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.
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.
Epsilon Energy is a Houston-based natural gas producer with upstream and midstream assets in the Marcellus Shale and other North American basins.
Gran Tierra Energy is a Houston-based international E&P company focused on oil and gas exploration and production in Colombia and Ecuador.
Harbour Energy is the largest London-listed independent oil and gas company, with significant operations and technical staff in Houston.
Hess Corporation is a leading global independent E&P company with a world-class asset in Guyana and significant operations managed from Houston.
HighPeak Energy is a Houston-based E&P company focused on the development of unconventional oil and gas reserves in the Midland Basin of the Permian.
International Petroleum Corporation is an oil and gas exploration and production company with operations in Canada, Malaysia, and France.
Kosmos Energy is a deepwater exploration and production company with significant Houston-area operations and a world-class gas discovery offshore Mauritania and Senegal.
Magnolia Oil & Gas is a Houston-based independent E&P company with high-quality assets in South Texas's Eagle Ford and Austin Chalk formations.
Marathon Oil is a Houston-based independent exploration and production company with operations in key US shale basins.
Matador Resources is an independent E&P company focused on oil and natural gas development in the Permian Basin's Delaware Basin.
Murphy Oil Corporation is an independent exploration and production company with operations in the United States, Canada, and the Gulf of Mexico.
Natural Gas Partners is one of the largest energy-focused private equity firms in the world, investing in oil and gas, midstream, and energy transition companies.
Ovintiv is a leading multi-basin E&P company with significant Houston operations and major assets in the Permian Basin, Montney, and Anadarko Basin.
PDC Energy is an independent exploration and production company focused on the DJ Basin in Colorado and the Permian Basin in West Texas.
Permian Basin Royalty Trust is a passive oil and gas trust that receives overriding royalty interests from the Waddell Ranch properties in West Texas.
Permian Resources is a leading independent E&P company focused on the Delaware Basin of the Permian Basin, with strong ties to Houston's energy community.
Pioneer Natural Resources was the largest pure-play Permian Basin E&P company before being acquired by ExxonMobil in 2024.
Ranger Oil was a Houston-based E&P company focused on the Eagle Ford Shale before its acquisition by Baytex Energy in 2023.
Ring Energy is a Houston-area E&P company focused on oil and gas development in the Permian Basin of West Texas.
SilverBow Resources was a Houston-based E&P company focused on the Eagle Ford Shale and Austin Chalk before its acquisition by Crescent Energy in 2024.
Talos Energy is a Houston-based E&P company focused on the US Gulf of Mexico and carbon capture and storage projects.
VAALCO Energy is a Houston-based independent E&P company focused on oil and gas production in West Africa and other international regions.
Vital Energy, formerly Laredo Petroleum, is an independent E&P company focused on oil and natural gas development in the Permian Basin.
W&T Offshore is a Houston-based independent E&P company focused on oil and natural gas production in the Gulf of Mexico.
W&T Offshore is an independent oil and natural gas company focused on exploration, development, and acquisition of properties in the Gulf of Mexico.
Upstream — also known as exploration and production (E&P) — is the highest-risk, highest-reward segment of the oil and gas industry. These companies spend billions on seismic surveys, exploratory drilling, and well completions, often years before any revenue is generated.
Houston is the undisputed headquarters of the independent E&P industry. ConocoPhillips, the world's largest independent E&P company, is based here, along with dozens of others including EOG Resources, Pioneer Natural Resources (now part of ExxonMobil), Devon Energy's Houston office, and Diamondback Energy.
The Permian Basin in West Texas and the Eagle Ford Shale in South Texas are the two most productive oil fields managed from Houston. Together they account for over 7 million barrels per day of oil production — more than most OPEC nations.
There are 36 upstream oil and gas companies headquartered in the Houston, Texas metropolitan area, making it the largest concentration of upstream companies in the world.
The largest upstream companies in Houston include Amplify Energy, Callon Petroleum, Centennial Resource Development, Comstock Resources, ConocoPhillips. These companies range from Fortune 500 corporations to specialized independents.
Houston's proximity to the Gulf of Mexico, Permian Basin, and Eagle Ford Shale, combined with its deep talent pool, established infrastructure, and favorable business climate, makes it the ideal headquarters for upstream companies.
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