Berry (NASDAQ:BRY) Petroleum Company is an independent oil and gas exploration and production firm with primary operations in the United States. The company focuses on the development, production and acquisition of crude oil, natural gas and natural gas liquids. Headquartered in Dallas, Texas, Berry concentrates its efforts on two core regions: California’s San Joaquin Basin and the Williston Basin in North Dakota.
In California, Berry’s flagship asset is the Midway-Sunset Field, one of the largest onshore oil fields in North America. There, the company employs a combination of traditional drilling and enhanced recovery techniques—such as steam-flood and water-flood—to optimize heavy oil extraction. In the Williston Basin, Berry pursues both conventional and unconventional resources, utilizing horizontal drilling and hydraulic fracturing to access oil and gas from tight formations.
Berry Petroleum emerged as a publicly traded entity in 2013 following a corporate spin-out and has since expanded its acreage and production through targeted acquisitions and development projects. In 2018, the company was acquired by Linn Energy, bringing together two complementary oil and gas portfolios to create a leading independent producer in California’s onshore market.
The company’s leadership team is headed by President and Chief Executive Officer Kevin R. Clerkin, who brings more than two decades of experience in exploration, production operations and reservoir management. Under this management group, Berry continues to refine its technical capabilities and pursue disciplined growth across its core resource basins.
