With mercurial speed, Quicksilver Resources seeks to turn oil and gas finds into profits. The independent exploration and production company owns assets in Colorado, Montana, Texas, and Wyoming, and in Alberta, Canada. In 2010 Quicksilver Resources reported proved reserves (located primarily in Texas and Alberta) of 2.9 trillion cu. ft. of natural gas equivalent. The company is recognized as a leading developer and producer of unconventional natural gas reserves, including coal bed methane, shale gas, and tight sand gas and has about 660,000 net acres of developed acreage. Quicksilver Resources also owns 26% BreitBurn Energy Partners.
201 to 500 Employees
TypeCompany - Public (KWK)
Revenue$500 million to $1 billion (USD)
IndustryOil & Gas Exploration & Production
Competitors?Chesapeake Energy, Parallel Petroleum, Denbury Resources
Founded