Top 10 Mid-Size Oil and Gas Exploration & Production Companies in North America in 2021 by Reserves

Peyto Exploration & Development Corp, Callon Petroleum Co, Gulfport Energy Corp, SM Energy Co, and Crescent Point Energy Corp are the top 5 mid-size oil & gas exploration & production companies in North America in 2021 by reserves. In aggregate, the top 10 mid-size oil & gas exploration & production companies had reserves of 3,878 million barrels of oil equivalent (MMboe), where Peyto Exploration & Development Corp Ltd had the highest reserves (495 MMboe) and NuVista Energy Ltd had the lowest (300 MMboe). In terms of the geographic split, 4 out of 10 of North America’s top mid-size oil & gas exploration & production companies are based in the United States of America, while the remaining 6 are based in Canada. They employed a total of 2,820 people in 2021. The Canada-based Peyto Exploration & Development Corp is the leading mid-size oil & gas exploration & production company in North America (by reserves). The company reported revenues of $670 million for the fiscal year ending December 2021 (FY2021). Peyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that is involved in the exploration and development of natural gas. The company acquires, explores, develops, and produces crude oil and unconventional natural gas reserves. In FY2021, the company’s operating margin was 52.7%, compared to an operating margin of 4.9% in FY2020. The United States of America-based Callon Petroleum Co is one of the leading mid-size oil & gas exploration & production companies in North America (by reserves). Its product portfolio includes Crude oil and natural gas. The company reported revenues of (US Dollars) US$2,045 million for the fiscal year ended December 2021 (FY2021). It had a reserve of 476 million barrels of oil equivalent in 2021.