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Berry Corporation, based in Dallas, Texas, is an independent upstream energy company specializing in the development and production of conventional oil reserves primarily situated in the western United States. The company operates through two core segments: Development and Production, and Well Servicing and Abandonment. Berry Corporation's assets are strategically located in key basins including the San Joaquin and Ventura basins in California, and the Uinta basin in Utah, contributing to its robust portfolio of oil-producing properties.
As of December 31, 2021, Berry Corporation managed a total of 3,417 net productive wells, underscoring its operational expertise and significant presence in the regional oil and gas sector. Originally founded in 1909 as Berry Petroleum Corporation, the company rebranded to Berry Corporation in February 2020 to reflect its expanded focus and strategic vision within the energy industry.
With a longstanding commitment to responsible resource management and operational excellence, Berry Corporation continues to leverage advanced technologies and best practices to optimize production efficiency and maximize shareholder value. The company's rich heritage combined with its forward-looking approach positions it as a resilient player in the competitive upstream energy market, dedicated to sustainable growth and value creation.
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