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Oil and gas company: Earthstone Energy (ESTE)

Earthstone Energy, Inc. (NYSE:ESTE) was founded in 1969 and is headquartered in Woodlands, Texas, USA, with 58 full-time employees. It is an oil and gas development and production company that is located in the upper reaches of the industrial chain.

Earthstone Energy

Earthstone Energy (ESTE):

Earthstone Energy is a growth-oriented independent energy company dedicated to the development and operation of oil and gas assets. The company’s main assets are located in the Midland Basin in western Texas and the Eagle Ford shale area in southern Texas.

As of December 31, 2017, Earthstone Energy operated 91 oil wells in Eagle Eagle; 12 oil wells in Austin Chalk. The company’s total proven reserves are 79,976 thousand barrels of oil equivalent (MBOE), of which 19,961 MBOE has been developed or under development, and 60,015 MBOE has not been developed.

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