PXP Email Format

Facilities ServicesTexas, United States501-1000 Employees

PXP is an independent oil and gas company, formed as a Delaware corporation in 2002. It acquires, develops, explores, and produces oil and gas properties, with operations concentrated in onshore California, offshore California, the Gulf Coast region, the Gulf of Mexico, the Mid-Continent Region, and the Rocky Mountains, and it also has an interest in an exploration block offshore Vietnam. The asset mix includes mature properties with long-lived reserves and significant development opportunities, as well as newer properties with growth potential. The company notes a strategy featuring a balanced portfolio, an ongoing hedging program, and deleveraging transactions completed in 2009 to position itself for current and future opportunities. PXP is based in Houston, Texas, at 700 Milam Suite 3100, and it employs 501-1000 people; reported revenue is between $100 million and $250 million.

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