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Action Oilfield Services Inc is a White Castle, LA-based company in the Energy and Utilities sector.
America`s energy outlook is more promising than ever. Natural gas produced from shale is transforming the energy landscape for the better, driving economic prosperity, reducing utility bills for consumers and helping America to achieve the goal of energy independence. Shale gas is also shaping the future of National Fuel Gas Company. Through our program to develop the Marcellus Shale, we are in the midst of a transformation that will drive our growth and produce lasting benefits for National Fuel shareholders, employees and the communities that we serve. National Fuel is a diversified energy with more than 2,000 employees that operates an integrated collection of natural gas and oil assets across five business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. National Fuel is a leader in practicing the highest standards of responsibility in all aspects of our business. We are committed to providing safe and reliable natural gas delivery, excellent customer service, and responsible environmental stewardship. Developing great assets begins with great people, and National Fuel takes pride in hiring, training, motivating and retaining excellent employees. Our employees play an equally important role in the communities we serve, continuing the longstanding tradition at National Fuel of donating time, talent and financial resources to hundreds of organizations each year.
Weve been proudly serving our community for 169 years, delivering natural gas safely and reliably to more than two million homes and businesses across Ontario.
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.
Flatirons Field Services and its subsidiaries Flatirons Midstream and Flatirons Chemicals are the expert partners you need for your oil and gas projects.