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Largest privately owned Contract Compression company in the USA. Providing superior equipment and service to the Oil and Gas Market
Energy XXI is an independent oil and natural gas development and production company which has historically focused on development drilling on our core properties to enhance production and ultimate recovery of reserves, supplemented by strategic acquisitions from time to time. Our acquisition strategy has historically been to target mature, oil producing properties on the Gulf of Mexico Shelf and the U.S. Gulf Coast that have not been thoroughly exploited by prior operators. The Company`s properties are located on the U.S. Gulf Coast or on the Gulf of Mexico Shelf and we currently operate 91% of our proved reserves. Our geographic concentration on the Gulf of Mexico Shelf enables us to manage our operated fields efficiently and our high number of wellbore locations provides diversification of our production and reserves. By having operations in a geographically concentrated area, we can optimize and more efficiently service our operations. At March 31, 2017 our total proved reserves were 109.4 MMBOE of which 80% were crude oil and 71% were classified as proved developed reserves. We operated or had an interest in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. We believe operating our assets is a key to our success and approximately 91% of our proved reserves are on properties operated by us.
NorthStar Energy companies provide critical fuel and lubricants to residents, fishery, mining and construction customers in Alaska and Hawaii each year. NorthStar Energy companies include Delta Western Petroleum a lubricant distributor in Alaska, Northern Oilfield Services serving the North Slope of Alaska and Hawaii Petroleum, the leading independent fuel marketer on Maui and the Big Island of Hawaii.
Callon Petroleum is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of West and South Texas. Our portfolio of highly productive acreage offers both a low risk profile and robust margins from a deep inventory of delineated, high-return drilling locations. This is what drives our differentiated performance in the oil and gas industry. Our people are our greatest resource. We strive to foster an entrepreneurial environment where we empower our people to be leaders and innovators. Mutual respect, collaboration, and drive are the hallmarks of the Callon culture.
Arc Energy Equipment is a company that buys, sells, and trades all types of oil and gas processing equipment.