Citation Oil & Gas Corp. | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Citation Oil & Gas Corp.
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Founded in 1981 by Forrest E. Harrell, Sr., Citation Oil & Gas Corp. is a privately-held independent oil and gas company headquartered in Houston, Texas. The company specializes in the acquisition, development, and production of mature, long-life oil and gas properties, and has built a substantial portfolio with interests in approximately 13,000 to 15,000 wells spanning over 430 to 480 fields, boasting a high oil content range of 82-91%.
With a focus on onshore assets across key U.S. regions such as the Mid-Continent, Permian Basin, Illinois Basin, and Rocky Mountains, Citation employs advanced recovery techniques to optimize production and extend field longevity. Nearly 87% of its property value is operated directly, supporting efficiency and cost control. The company also markets crude oil through its subsidiary, Citation Crude Marketing, Inc., and maintains regional offices in Midland, Texas; Oklahoma City, Oklahoma; and Gillette, Wyoming.
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