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.
Permian
2Q 2023 Performance
Below are a few highlights from our recent activity in the Permian.
40,000
Net BOED* average production in 2Q 2023
*barrels of oil equivalent per day
8
Gross company-operated wells to sales in 2Q 2023
Community
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.
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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.
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Speeches
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.
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Environment
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.
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