Crescent Energy Company is an independent exploration and production firm engaged in the development, acquisition and exploitation of oil and natural gas assets. The company’s operations are principally focused on the upstream segment of the energy sector, encompassing geological surveying, drilling, completion and production activities. Crescent Energy’s portfolio is weighted toward liquids-rich reservoirs, and it seeks to optimize recovery through advanced drilling techniques, water-based fracture stimulation and reservoir management practices.
Headquartered in Houston, Texas, Crescent Energy maintains its core asset base in the Williston Basin of North Dakota and Montana. Since its formation, the company has assembled a contiguous acreage position, securing long-lived drilling locations and infrastructure take-points that facilitate efficient transportation of oil, natural gas and natural gas liquids to regional processing hubs and pipeline systems. Crescent Energy also holds strategic interests in midstream pipelines and storage facilities, enabling it to capture value across the hydrocarbon value chain and manage takeaway constraints.
Crescent Energy Company was established in the early 2020s by seasoned industry investors and operating executives with the goal of building a pure-play E&P platform. The management team combines decades of upstream experience, drawing on technical expertise in reservoir engineering, geology and production optimization. Under the leadership of a board of directors comprised of former oilfield services and exploration executives, Crescent Energy emphasizes capital discipline, operational efficiency and environmental stewardship as it pursues sustainable growth in the U.S. onshore market.
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