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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 139 trillion cubic feet (equivalent) of natural gas resources in North America
  • 40,000 gross operated wells

Employees

  • Approximately 5,000 employees

Operating divisions

  • Fort Worth Division – Fort Worth, Texas
  • Eastern Division – Tyler, Texas
  • Permian Division – Midland, Texas
  • Western Division – Denver, Colorado
  • Mid-Continent Division – Oklahoma City, Oklahoma
  • Appalachia Division – Warrendale, Pennsylvania
  • Western Canada Division – Calgary, Alberta, Canada

2015 taxes paid

  • Severance taxes: $3410 million
  • Property taxes: $132.5 million
  • Sales and use tax: $143.6 million
  • State income and capital franchise taxes: $165 million

Community impact

  • In 2015, XTO and ExxonMobil invested $132 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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