Amplify Energy Corp. is an independent oil and gas exploration and production company headquartered in Houston, Texas. The company focuses on developing onshore conventional and unconventional hydrocarbon resources across key U.S. basins, including the Permian Basin in West Texas, the Anadarko Basin in Oklahoma, and select Rocky Mountain formations. Amplify Energy employs horizontal drilling and multi-stage hydraulic fracturing techniques to unlock oil- and gas-bearing reservoirs, aiming to enhance production efficiency and lower operating costs.
Founded in 2007 as Midcontinent Oil & Gas, the company rebranded as Amplify Energy in 2018 to reflect its expanded geographic footprint and growing asset base. Over the years, Amplify Energy has added acreage through strategic lease acquisitions and targeted bolt-on transactions, building a diverse portfolio of development and exploration opportunities. Key historical milestones include the acquisition of assets in the Midland Basin’s Middle Spraberry and Canyon formations and the establishment of infrastructure to support centralized gathering, processing and water management operations.
Amplify Energy’s core activities encompass well planning, drilling, completions, facility construction and production optimization. The company markets its crude oil and natural gas volumes under prevailing benchmark indexes and enters into midstream service agreements to ensure timely transport and delivery to downstream purchasers. Emphasis on cost control, operational safety and environmental compliance has led Amplify Energy to invest in real-time monitoring technologies, advanced reservoir modeling and best-in-class well integrity practices.
Serving primarily North American markets, Amplify Energy maintains a corporate office in Houston and field operations teams in each basin it operates. Under the leadership of Chief Executive Officer Paul Marshall and a management team with decades of upstream experience, the company pursues disciplined capital allocation and prudent project execution. Amplify Energy’s board and executive team draw upon deep technical, financial and commercial expertise to support long-term value creation for its shareholders.
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