Magellan E&P Holdings, Inc.
Oil and GasTexas, United States2-10 Employees
Magellan E&P Holdings, Inc. is an independent oil and gas company based in Houston, Texas. The firm concentrates on small to medium-sized onshore and offshore Gulf of Mexico prospects, leveraging experience in production areas with tight or high clay, low resistivity pay, and has acquired several leases in previously producing or lightly explored areas. Its focus includes targeting mature fields and reservoirs that large independents have developed, with an emphasis on improving recovery in regions that have been underexploited, particularly within the shelf and onshore plays. Magellan positions itself as a smaller independent operator seeking to maximize returns for investors and partners as commodity prices rise and demand forecasts grow for Gulf of Mexico resources. The company operates privately with a presence in the Galleria area of Houston and maintains a personnel footprint appropriate for its scale. A recent development is its continued pursuit of onshore and offshore opportunities in the Gulf of Mexico, applying its specialized production knowledge to identify promising sites in proven hydrocarbon plays.
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