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Battalion Oil Corporation, based in Houston, Texas, is an independent energy company specializing in the acquisition, production, exploration, and development of onshore oil and natural gas resources across the United States. Originally known as Halcón Resources Corporation and rebranded as Battalion Oil Corporation in January 2020, the company has a rich history dating back to its founding in 1987. Battalion Oil focuses its operations primarily in the prolific Delaware Basin, where it holds interests in approximately 40,400 net acres spread across Pecos, Reeves, Ward, and Winkler counties in Texas.
As of December 31, 2021, Battalion Oil Corporation reported estimated proved reserves totaling approximately 95.9 million barrels of oil equivalent (BOE). These reserves comprise 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids (NGLs), and 125.0 billion cubic feet of natural gas. The company's strategic acreage and substantial reserve base position it strategically to capitalize on the robust production potential of the Delaware Basin, leveraging advanced drilling and extraction technologies to maximize resource recovery and operational efficiency.
Committed to sustainable growth and operational excellence, Battalion Oil Corporation continues to expand its footprint in key energy-producing regions while maintaining a focus on responsible resource management and environmental stewardship. Through strategic investments in technology and infrastructure, the company remains dedicated to optimizing production rates and enhancing shareholder value in a dynamic energy market landscape.
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