citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . march 2014 learn how and when to remove this template message merit energy company type private industry oil and gas founded 1989 1 founder william gayden headquarters dallas texas key people william gayden chairman revenue us 2.1 billion 2008 1 number of employees 679 website http www.meritenergy.com merit energy company is one of the largest privately held us based oil and gas companies by production volume 2 with some 1 billion in net income on 2.1 billion in revenue . 1 the company was formed in 1989 by william k. gayden formerly of eds and petrus oil and gas l.p. which was founded by h. ross perot . merit is involved in operations in 12 states throughout the united states with daily production of 65 000 boepd . operations are divided among two divisions north and south . 3 merit specializes in purchasing high quality producing oil and gas assets and making them more efficient . the company owns and operates over 11 000 wells in the united states . 4 over 5.9 billion in assets have been purchased since 1989 . 4 references edit a b c about merit energy company . meritenergy.com . retrieved 6 july 2015 . mikaila adams . private company update . ogfj.com . retrieved 6 july 2015 . operations map merit energy company . meritenergy.com . retrieved 6 july 2015 . a b acquisitions merit energy company . meritenergy.com . retrieved 6 july 2015 . external links edit official website retrieved from https en.wikipedia.org w index.php title merit energy company & oldid 743419428 categories oil companies of the united statesnatural gas companies of the united statescompanies based in dallasnon renewable resource companies established in 19891989 establishments in texasprivately held companies based in texashidden categories articles needing additional references from march 2014all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 15 35 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view