Coterra Energy

Website

Address

840 Gessner Road, Suite 1400
Houston, TX 77024

Phone

281.589.4600

Company Description

Coterra’s assets are primarily located in the Anadarko Basin, where it holds an acreage position of 182,000 net acres and in the Permian core acreage position includes 234,000 net acres.

Coterra Energy ranks #15 in wells drilled in 2023 with 191 wells drilled in the US

Recent News

Coterra Energy has completed the $3.9 billion acquisition of assets from Franklin Mountain Energy and Avant Natural Resources, adding 49,000 net acres and 400-550 drilling locations in Lea County, New Mexico, primarily targeting Bone Spring formations. The acquisitions enhance Coterra’s portfolio, with additional upside potential. The company plans to release its 2025 guidance and a three-year outlook in February alongside its year-end 2024 earnings.

Operations

Coterra Energy

Permian Basin

Culberson County, TX ranks #11 in the state for BOE produced in the most recent month (Jul 2022).

Reeves County, TX ranks #2 in the state for BOE produced in the most recent month (Jul 2022).

Lea County, NM ranks #1 in the state for BOE produced in the most recent month (Jul 2022).

Eddy County, NM ranks #2 in the state for BOE produced in the most recent month (Jul 2022).

Anadarko Basin

Canadian County, OK ranks #2 in the state for BOE produced in the most recent month (Jun 2022).

Marcellus Shale

Susquehanna County, PA ranks #1 in the state for BOE produced in the most recent month (Dec 2022).