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XTO Energy operations overview

XTO is a leading natural gas and oil producer in the United States with expertise in developing tight gas, shale gas, coal bed methane and unconventional oil resources. XTO has operations in all major U.S. producing regions, and holds more than 11 million acres.

Overview

  • Leading natural gas and oil producer in North America and Western Canada, with expertise in developing tight gas, shale gas, coal bed methane and unconventional oil resources
  • Provides operational support for unconventional resource development in Argentina 
  • Operations in 14 states in the United States, with holdings in every major shale play
  • Headquarters in Fort Worth, Texas
  • A subsidiary of ExxonMobil since 2010

Portfolio

  • 11 million acres with 150 trillion cubic feet (equivalent) of natural gas resources in North America
  • More than 55,000 gross operated wells

Employees

  • Approximately 4,700 employees

Operating divisions

  • Central Division – Fort Worth, Texas
  • Delaware Basin Division - Midland, Texas
  • Eastern Division – Tyler, Texas
  • Mid-Continent Division – Oklahoma City, Oklahoma
  • Permian Division – Midland, Texas
  • Western Canada Division – Calgary, Alberta, Canada
  • Argentina Division - Fort Worth, Texas

2016 taxes paid

  • Severance taxes: $216 million
  • Property taxes: $120 million
  • Sales and use tax: $85.8 million

Community impact

  • In 2016, XTO and ExxonMobil invested $113 million in higher education, medical care, environmental research, and arts and civic organizations.
  • XTO employees, retirees and their families have volunteered countless hours of their personal time to a wide variety of community organizations.

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