PrimeEnergy Resources Corporation is an independent oil and gas company based in Houston, Texas. The company was originally incorporated in 1973 (initially as PrimeEnergy Corporation) and in December 2018 changed its name to PrimeEnergy Resources Corporation.
Its core business involves the acquisition, development, and production of crude oil, natural gas, and natural gas liquids (NGLs). PrimeEnergy holds leasehold, mineral, and royalty interests (both producing and nonproducing) and also provides supporting services such as well servicing, site preparation, construction, and drilling / reworking operations to other operators. It maintains operations in states including Texas, Oklahoma, and West Virginia.
What distinguishes PrimeEnergy is its hybrid structure combining upstream operations with contracting and service support capabilities. It operates over 500 active wells directly and holds nonoperated or royalty interests in many more wells (several hundred) through joint ventures or leases. As a relatively lean company, it leverages partnerships with third-party operators while maintaining core capital and operating flexibility.