Earthstone Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. Its asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2019, the company operated 103 gross Eagle Ford wells; and 13 gross Austin Chalk wells, as well as had 94,336 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 31,521 MBOE of proved developed reserves and 62,815 MBOE of proved undeveloped reserves. Earthstone Energy, Inc. was founded in 1969 and is headquartered in The Woodlands, Texas.
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