OGJ Top 10 Independents-No. 10: Houston Exploration expands business through low-cost operations

Houston Exploration Co. intends to focus on production and reserves growth, which it plans to control through its capital spending programs.The Houston-based independent plans to develop its existing properties and add more reserves through the drillbit while also maintaining its fairly successful strategy of acquiring properties that will help it with production and reserves growth, said William Hargett, the company's new president and CEO.At the moment, those acquired properties will likely fall within the company's core areas, although the company has used acquisitions to establish new core areas in a few instances, such as in South Texas and the Arkoma basin, Hargett said. The...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected