Empire Petroleum Corporation is a U.S. onshore oil and natural gas company based in Tulsa, Oklahoma. The company was originally incorporated in 1983 (later domesticated in Delaware) and over its history has grown through asset acquisitions and consolidations of mature producing properties.
Its operations are concentrated in mature, conventional hydrocarbon fields across multiple U.S. basins, with producing assets in states including New Mexico, North Dakota / Montana (Bakken), Texas, Louisiana, and sometimes in Gulf Coast regions. Rather than aggressive exploratory drilling, Empire focuses more on optimizing developed production, applying field management techniques, maintenance, recompletions, and modest selective drilling when accretive.
A distinguishing feature of Empire is its emphasis on low-decline, long-life assets and operational efficiency. The company aims to maintain capital discipline by favoring enhancements to existing wells and carefully targeted acquisitions of proved developed properties that align with its existing geographic footprint, rather than large-scale exploration in new basins.