Devon Energy is a US-based petroleum company that was formed in 1971 and is headquartered in Devon Energy Center, Oklahoma City, United States. It specializes in petroleum, natural gas, and natural gas liquids. The company was seated as the 216th company on the Fortune 500 list in 2023. Devon Energy was established by John Nichols and his son, J. Larry Nichols. The company went public in 1988, and by 2012, it had completed the construction of its headquarters in Oklahoma City.? In 2015, Dave Hager was announced as the president and chief executive of Devon Energy Corporation. In 2016, the company laid off around 1,000 employees. In 2023, it reserved about 1,817 million barrels of oil equivalent.
Continental Resources, Inc. is a US-based company formed in 1967 by Harold Hamm and headquartered in Oklahoma City, Oklahoma, United States. Its founder started this company as Shelly Dean Oil Company, which was reformed as Continental Resources in 1990. Its primary products include petroleum and natural gas.? The history of this company starts in 1967, and in 2003, it drilled its first wells. Continental Resources went public in 2007, and after one year, it became the first company to finish a complex horizontal well. Finally, it started the ECO-Pad drilling technique in 2010 and soon shifted its headquarters to Oklahoma City.?
Chesapeake Energy is a US-based company formed in 1989 by Aubrey McClendon and Tom L. Ward. It is headquartered in Oklahoma City, Oklahoma, United States. The company is the leading production company and is involved in producing oil and natural gas. Chesapeake Energy went public in 1993 and focused on building the highest position in Texas.? In 2009, the company collaborated with Orange County Choppers to form the first chopper. In 2014, it sold much of its oil and gas assets to Southwestern Energy. In 2015, Chesapeake laid off many people in Oklahoma City. In 2021, it acquired Vine Energy in Haynesville Shale. In 2024, Chesapeake Energy acquired Southwestern Energy. Now, the company is known as Expand Energy Corporation.?
Diamondback Energy is a US-based petroleum industry company that was formed in 2007 and is headquartered in Midland, Texas, United States. It provides three main products: petroleum, natural gas, and natural gas liquids. The history of this company started in 2007 when the company owned property in the Permian Basin. Diamondback went public in 2012 and purchased assets from Brigham Resources in 2017 and Ajax Resources in 2018. After one year, it acquired Energen, a leading energy company. In 2021, the company owned QEP Resources. Diamondback was recognized by the Bloomberg news story as one of the largest contributors to the flaring of gas in the Permian oil field.
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