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XTO Energy operations overview
XTO Energy is a leading oil and natural gas producer in the United States with expertise in developing tight gas, shale gas and unconventional oil resources. XTO or its affiliates operate in all major U.S. unconventional producing regions and Western Canada. XTO also provides support and technical services to ExxonMobil’s operations in Argentina.
Article
XTO Energy operations overview
Overview
- Leading natural gas and oil producer in North America and Western Canada, with expertise in developing tight gas, shale gas and unconventional oil resources
- Provides operational support for unconventional resource development in Argentina
- Operations in 14 states in the United States, with holdings in every major shale play
- Headquarters in Houston, Texas
- A subsidiary of ExxonMobil since 2010
Portfolio
- 11 million acres with a total resource base of about 33 billion oil equivalent barrels
- More than 50,000 gross operated wells
Employees
- Approximately 4,700 employees
Operating divisions
- Central Division – Fort Worth, Texas
- Delaware Basin Division - Midland, Texas
- Eastern Division – Tyler, Texas
- Mid-Continent Division – Oklahoma City, Oklahoma
- Permian Division – Midland, Texas
- Western Canada Division – Calgary, Alberta, Canada
- Argentina Division - Fort Worth, Texas
2016 taxes paid
- Severance taxes: $216 million
- Property taxes: $120 million
- Sales and use tax: $85.8 million
Community impact
- In 2016, XTO and ExxonMobil invested $113 million in higher education, medical care, environmental research, and arts and civic organizations.
- XTO employees, retirees and their families have volunteered countless hours of their personal time to a wide variety of community organizations.
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