Cimarex Energy

Cimarex Energy Co.
IndustryPetroleum industry
Founded2002; 22 years ago (2002)
DefunctOctober 1, 2021; 2 years ago (2021-10-01)
FateAcquired by Coterra
HeadquartersDenver, Colorado, U.S.
Key people
Thomas E. Jorden, Chairman & CEO
G. Mark Burford, CFO
Production output
252.5 thousand barrels of oil equivalent (1,545,000 GJ) per day
RevenueDecrease US$1.558 billion (2020)
Decrease -US$1.967 billion (2020)
Total assetsDecrease US$4.621 billion (2020)
Total equityDecrease US$1.553 billion (2020)
Number of employees
747 (2020)
Footnotes / references
[1]

Cimarex Energy Co. was a company engaged in hydrocarbon exploration, particularly shale oil and gas drilling. It was organized in Delaware and headquartered in Denver, Colorado, with operations primarily in Texas, Oklahoma, and New Mexico.[1]

As of December 31, 2020, the company had 531 million barrels of oil equivalent (3.25×109 GJ) of estimated proved reserves, of which 43% was natural gas, 27% was petroleum, and 30% was natural gas liquids.[1]

In 2020, production averaged 252.5 thousand barrels of oil equivalent (1,545,000 GJ) per day, 69% of which came from the Permian Basin and 31% of which came from the Mid-Continent oil province, particularly the Cana–Woodford in western Oklahoma.[1]

  1. ^ a b c d "Cimarex Energy 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.