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Energy XXI is an independent oil and natural gas development and production company which has historically focused on development drilling on our core properties to enhance production and ultimate recovery of reserves, supplemented by strategic acquisitions from time to time. Our acquisition strategy has historically been to target mature, oil producing properties on the Gulf of Mexico Shelf and the U.S. Gulf Coast that have not been thoroughly exploited by prior operators. The Company`s properties are located on the U.S. Gulf Coast or on the Gulf of Mexico Shelf and we currently operate 91% of our proved reserves. Our geographic concentration on the Gulf of Mexico Shelf enables us to manage our operated fields efficiently and our high number of wellbore locations provides diversification of our production and reserves. By having operations in a geographically concentrated area, we can optimize and more efficiently service our operations. At March 31, 2017 our total proved reserves were 109.4 MMBOE of which 80% were crude oil and 71% were classified as proved developed reserves. We operated or had an interest in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. We believe operating our assets is a key to our success and approximately 91% of our proved reserves are on properties operated by us.
RiVA geotechnical computing platform and cloud computing services for oil and gas companies. RiVA is the most powerful platform in the E&P industry.
Castoleum Corp is a Mount Vernon, NY-based company in the Energy and Utilities sector.
Turnaround Management Co is a Houston, TX-based company in the Energy and Utilities sector.
EnLink Midstream formed in 2014 when Devon Energy agreed to combine substantially all of its midstream assets with Crosstex Energy to form a leading integrated midstream company with enhanced size and scale in core operating regions. This strategic combination generates strong unitholder value, fuels innovative customer solutions and drives robust growth. We are competitively positioned with a geographically diverse portfolio of midstream assets located in the most prolific oil and gas regions in the United States. EnLink Midstream owns and operates approximately 7,300 miles of gathering and transportation pipelines, 12 processing plants with 3.3 billion cubic feet of net processing capacity, and six fractionators with 180,000 barrels per day of net fractionation capacity, as well as barge and rail terminals, product storage facilities, brine disposal wells, an extensive crude-oil trucking fleet and equity investments in certain private midstream companies. Headquartered in Dallas, Texas, we are well positioned for stable, long-term growth, enabling us to capitalize on the significant opportunities we see in the midstream industry.