The Anschutz Company

What The Anschutz Company does

Anschutz Exploration Corporation (AEC), the operating energy subsidiary associated with The Anschutz Company, is a private, independent oil and gas exploration and production company headquartered in Denver, Colorado at 555 17th Street, Suite 2400. Founded within The Anschutz Company's 1958-vintage corporate family, AEC and its predecessors have historically participated in significant oil and gas discoveries and developments worldwide; current operations are concentrated in the US Rocky Mountain region, specifically the Powder River Basin in Wyoming, the Piceance Basin in Colorado, and the Uinta Basin in Utah. The company employs an experienced operations team that has drilled and completed hundreds of wells using basin-specific drilling and completion technologies.

AEC's core offering is oil and gas exploration, drilling, completion, and production across its multi-basin Rockies asset base. The company manages the full lifecycle from property acquisition through production, generating revenue primarily from the sale of oil and gas produced from operated wells. A dedicated owner relations function handles division orders, monthly revenue distribution, address/name updates, and estate/probate transitions for the company's mineral interest owners and working interest owners. Supporting infrastructure includes a MineralAnswers.com-powered owner portal and a state-privacy-law-compliant (e.g., CCPA-style) online data request form, reflecting modest back-office digitization.

Commercially, AEC runs an enterprise B2B field sales and owner-relations motion — there is no consumer-facing product and no public pricing schedule. Revenue accrues as a transaction-fee/royalty-type stream tied to volumes produced and disposed; the customer base is structurally fragmented across hundreds of mineral and working interest counterparties. The portfolio is actively rebalanced through opportunistic acquisitions of new projects and divestitures of non-strategic assets, financed as a private entity without public market reporting obligations.

Name

The Anschutz Company

Legal name

Anschutz Exploration Corporation

Website

https://anschutzexploration.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

101–250 employees

Short description

Anschutz Exploration Corporation is a private, Denver-based independent oil and gas company that explores, drills, and produces hydrocarbons across the Powder River, Piceance, and Uinta basins, serving mineral and working interest owners via dedicated owner-relations and royalty distribution services.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration and Production

NAICS

Oil and Gas Extraction (2111), Oil and Gas Extraction (211), Crude Petroleum Extraction (21112), Natural Gas Extraction (211130)

SIC

Crude Petroleum & Natural Gas (1311), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Unconventional Resources Development (Shale/Tight, CBM) (EUALAAAH)

akta.pro secondary industries

Mineral Rights, Leasing & Land Management (EUALAAAB), Drilling & Well Construction (E&P Operator-led) (EUALAAAD)

Keywords

• Oil and gas exploration
• Upstream oil production
• Mineral rights management
• Royalty payment services
• Well drilling operations

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Oil and Gas Production Revenue: Revenue generated from oil and gas production through operated wells in the Powder River Basin (Wyoming), Piceance Basin (Colorado), and Uinta Basin (Utah). Company participates in discoveries and development of oil and gas resources, distributing royalties to mineral interest owners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Anschutz Exploration Corporation is a private, independent oil and gas company focused on the exploration, drilling, and production of oil and gas resources in the US Rockies. Operations span the Powder River Basin (Wyoming), Piceance Basin (Colorado), and Uinta Basin (Utah), with the company's operations team drilling and completing wells and managing full-cycle upstream activity. The offering is complemented by mineral owner relations services that administer division orders, royalty distributions, ownership updates, and estate transfers.

Product overview

Anschutz Exploration Corporation is a private, independent oil and gas company offering exploration, drilling, and production services. The company's core offering is oil and gas exploration and development in the US Rockies, with current operations focused on the Powder River Basin (Wyoming), Piceance Basin (Colorado), and Uinta Basin (Utah). Supporting services include mineral owner relations management (handling division orders, revenue distributions, and ownership transfers) and a data request portal for owner privacy rights. The portfolio is actively managed through project additions, new area exploration, and strategic divestitures.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Exploration and Production End-to-end upstream oil and gas exploration, drilling, completion, and production services operated by AEC across the Powder River Basin (Wyoming), Piceance Basin (Colorado), and Uinta Basin (Utah), serving mineral and working interest owners in those geographies.
• Mineral Owner Relations Services Administrative services for mineral interest and working interest owners, including division order preparation, monthly revenue distribution, ownership and address updates, name changes, and estate (probate) transfers for deceased interest owners.
• Data Request Services Online submission and processing of state-law data access, correction, deletion, opt-out, and processing-limit requests, with identity verification and email follow-up, handled via [email protected].

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Civitas Resources: Civitas Resources is an independent E&P focused primarily on the DJ Basin (Colorado) and Permian Basin, with comparable upstream oil and gas operations and similar mineral owner management infrastructure in the US Rockies.
• SM Energy: SM Energy is an independent upstream operator with significant acreage in the Permian Basin and previously the Eagle Ford and Powder River Basin — directly comparable as a mid-cap unconventional E&P with Rockies overlap.
• Continental Resources: Continental Resources is a major independent unconventional E&P operator with primary operations in the Bakken and STACK plays, comparable as a private-leaning upstream operator focused on tight oil development similar to AEC's Rockies unconventional focus.
• Northern Oil and Gas: Northern Oil and Gas is a non-operator mineral and working interest acquirer focused primarily on US shale plays, closely comparable to AEC's working interest and mineral rights ownership model across US basins.
• Sitio Royalties Corp. Sitio Royalties is a publicly traded mineral and royalty rights company focused on US unconventional basins, directly comparable to AEC's mineral rights management and royalty distribution business model.
• Black Stone Minerals: Black Stone Minerals is one of the largest US mineral and royalty owners, operating across major basins including the Rockies, directly comparable to AEC's mineral rights ownership, leasing, and royalty payment operations.

Broad incumbents

• EOG Resources: EOG Resources is one of the largest US independent E&P operators across multiple unconventional basins, comparable as a broad incumbent operating in the same upstream oil and gas space as AEC with multi-basin development.
• Devon Energy: Devon Energy is a major independent E&P operator with multi-basin unconventional production in the Delaware Basin, Anadarko Basin, and Powder River Basin — comparable as a broad incumbent active in the same Rockies unconventional fairway.
• Chesapeake Energy (Expand Energy): Expand Energy (formerly Chesapeake Energy) is a major US natural gas producer with significant Haynesville and Marcellus operations, comparable as a broad incumbent independent in the upstream oil and gas space with unconventional production focus.

Emerging players

• Crescent Energy: Crescent Energy is an emerging upstream operator consolidating interests across multiple US basins, comparable to AEC as a similarly structured independent pursuing unconventional oil and gas development with mineral rights exposure.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat3 records

Key risks1 record

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/anschutz-exploration-corporation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Anschutz Company