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BATL - Battalion Oil Corporation


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BATL Profile

Battalion Oil Corporation logo

Battalion Oil Corporation is an independent energy firm specializing in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. The company is focused on leveraging its substantial holdings in key energy-producing regions to drive growth and operational efficiency.

As of December 31, 2021, Battalion Oil held interests in approximately 40,400 net acres within the Delaware Basin, spanning the counties of Pecos, Reeves, Ward, and Winkler in Texas. This strategic position in one of the most prolific oil and gas regions in the country underpins the company's exploration and production activities.

Battalion Oil's estimated proved reserves total around 95.9 million barrels of oil equivalent. This includes approximately 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. These reserves represent a significant resource base, supporting the company's long-term production and development objectives.

Originally founded in 1987 under the name Halcón Resources Corporation, the company rebranded as Battalion Oil Corporation in January 2020. Headquartered in Houston, Texas, Battalion Oil continues to build on its extensive industry experience and asset base, positioning itself as a key player in the U.S. oil and gas sector.

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