Merit Energy
Merit Energy, headquartered in Dallas, TX, is a leading private oil and gas operator in the United States with over three decades of experience. The company is committed to environmental sustainability, community outreach, and providing a supportive work environment.
Services
Merit Energy focuses on acquiring, operating, and developing high-quality, mature oil and gas assets. The company offers direct energy investment opportunities for pension plans, hospitals, endowments, family offices, and foundations. Merit Energy also utilizes advanced data analytics and machine learning to optimize oil and gas production and reduce operational costs. Additionally, the company provides a comprehensive employee wellness program, competitive compensation and benefits, and flexible working hours to ensure a balanced work-life environment.
History
With over three decades of experience in oil and gas investments, Merit Energy has established itself as a significant player in the oil and gas industry. The company has a disciplined acquisition approach, including an ongoing divestiture program. Over the years, Merit Energy has adapted to the continuously changing environments of the oil and gas industry, emphasizing operational efficiency and environmental responsibility. The company is headquartered in Dallas, Texas, and operates across multiple states, including Arkansas, Colorado, Kansas, Oklahoma, Texas, and Wyoming.
Environmental Initiatives
Merit Energy is committed to reducing methane emissions by replacing high bleed pneumatic controllers with low-bleed, zero-bleed, or instrument air units. The company has expanded its LDAR program by increasing the use of optical gas imaging to reduce emissions. Additionally, Merit Energy does not flare natural gas as part of standard operating procedures and has pioneered the use of a Sulfide Reduction System for surface discharge of fresh water. The company also participates with The Environmental Partnership to improve the industry's environmental performance and engages in biodiversity activities to protect natural habitats.
Community Engagement
Merit Energy is actively involved in community outreach programs and has a dedicated Merit Volunteer Program for raising awareness and funds for various causes. The company focuses on STEM education by providing scholarships and mentorship opportunities to students interested in pursuing careers in the energy sector. Merit Energy’s community engagements also include initiatives related to critical species conservation, such as wildlife corridors in Wyoming.
Work Culture and Employee Benefits
Merit Energy has been recognized on the DFW Top Places to Work List for 11 consecutive years by the Dallas Morning News. The company offers competitive compensation, a collaborative work environment, and ample growth opportunities. Employee benefits include a dollar-for-dollar match up to 10% on pre-tax and after-tax 401k contributions. Merit Energy also provides flexible working hours and 'work where you work best' Fridays, fostering a healthy work-life balance. Furthermore, the company has implemented a comprehensive employee wellness program, including mental health resources, fitness challenges, and nutrition workshops.
