Founded in 1988, Hilcorp Energy is a privately held corporation engaged in the acquisition and exploitation of oil and gas-producing properties. The company has worked with more than 300 acquisitions. It generally seeks to acquire properties that possess significant profit potential and have been deemed non-strategic by larger oil and gas companies. Hilcorp Energy also owns gas processing and gas gathering facilities. The company s producing properties are concentrated in the Gulf Coast areas of Texas and Louisiana, the Powder Rim Basin in Wyoming, and the Denver Inlesberg Basin in Colorado. Because the company has historically targeted mature fields, the properties it has acquired tend to have sizeable cumulative production histories and offer long-lived producing capabilities. Hillcorp Energy is headquartered in Houston.
Categories
Oil ProducersOil & Gas Exploration & DevelopmentPetroleum Oils