Mewbourne Oil Co

Mewbourne Oil Co. is an oil and natural gas exploration and production company based in Tyler, Texas. Founded in 1965, the company has grown to employ 397 people and generate $267.1 million in annual revenue. Mewbourne Oil Co. focuses on developing oil and natural gas prospects, acquiring leasehold interests, and operating drilling, completion, and production activities. Their expertise lies in identifying and exploiting opportunities within the Anadarko and Permian Basins, primarily in Texas, Oklahoma, and New Mexico. The company's operations span multiple locations, including exploration offices in Amarillo and Midland, Texas, and Oklahoma City, Oklahoma, as well as operational offices in Perryton and Midland, Texas, Woodward, Oklahoma, and Hobbs, New Mexico. The company distinguishes itself through its conservative approach to business and comprehensive management of operations, overseeing projects from initial prospect identification to pipeline delivery. Mewbourne Oil Co. emphasizes establishing long-life natural gas reserves through medium-depth wells, typically ranging from 3,000 to 13,000 feet. They prioritize exploring contiguous areas with proven oil and natural gas reserves, utilizing a combination of field extensions, step-outs, trend plays, and anomaly identification. For inquiries, visit Mewbourne Oil Co.'s website at mewbourne.com.