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 major U.S. unconventional producing regions. XTO also provides support and technical services to ExxonMobil’s operations in Argentina.

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XTO Energy operations overview

Overview

  • Leading natural gas and oil producer in North America, 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
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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
  • 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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West Virginia

With 38 employees, XTO Energy operates in 9 counties and holds more than 140,000 acres in West Virginia.

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Utah

With 65 employees, XTO Energy operates in 2 counties and holds more than 305,000 acres in Utah.

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North Dakota

With more than 140 employees, XTO Energy operates in 8 counties and holds more than 479,000 acres in North Dakota.

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Montana

With 66 employees, XTO Energy operates in 2 counties and holds more than 188,000 acres in Montana.

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New Mexico

With 149 employees, XTO Energy operates in 2 counties and holds more than 887,000 acres in New Mexico.

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Oklahoma

With 274 employees, XTO Energy operates in 26 counties and holds more than 1.1 million acres in Oklahoma.

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