Growing in a new play

About the Play

Permian

Establishing a growing business.

We have been operating in the Northern Delaware basin, which is located within the greater Permian area, since closing on two major acquisitions in 2017.

Our focus has been to strategically advance our position, progress early delineation and development of our acreage, improve our cost structure and secure midstream solutions. We have the majority of our acreage in Eddy and Lea counties primarily in the Wolfcamp and Bone Spring New Mexico plays.

A Clear Approach
Our strategy is focused on lower cost, higher margin U.S. resource plays. With operations in four of the best oil-rich basins in the U.S., we are positioned for long term growth.

Recent Performance

Permian

4Q 2022 Performance

Below are a few highlights from our recent activity in the Permian.

33,000

Net BOED* average production in 4Q 2022

*barrels of oil equivalent per day

6

Gross company-operated wells to sales in 4Q 2022

Explore More

Energize for Safety Coalition Produces Results

An “energized” effort to boost safety awareness within communities along a busy thoroughfare in Oklahoma’s STACK play is already a success.

Water Management

Making it Easier to Reuse Produced Water

We spearheaded a law that removes barriers to using millions of barrels of produced water in the New Mexico Permian Basin.

2019 Carlsbad Mayor's Energy Summit

Our on-the-ground workforce is extremely important to running our business. At the 2019 Carlsbad Mayor's Energy Summit, we highlighted opportunities in the industry.

Pecos Watershed Conservation Initiative

MRO proudly supports the Pecos Watershed Conservation Initiative, cutting-edge research on critical species and the implementation of proven conservation strategies.