Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Vastar Resources history
Vastar Resources company history timeline
Vastar produced the equivalent of 963 million cubic feet per day in 1993 and posted profits right out of the gate.
Although commodity prices fell in 1994, Vastar's results improved thanks to increased production and unit production costs which fell by more than 25 percent.
The company started new drilling in 60 percent of its fields in 1995 as development continued in earnest.
In 1995, Vastar began operating the Grand Chenier gas processing plant.
Vastar sold about three billion cubic feet equivalent of natural gas per day in 1996, most of it from other producers.
In September 1997, Southern Company Energy Marketing (SCEM), a joint venture with giant $10-billion-a-year electric utility Southern Co., began its bid to be one of the country's top electricity and natural gas marketers with the coming of deregulation.
In May 1998, the company announced plans to invest at least $700 million to support its growth, a record level of investment.
The company planned to participate in four or five deepwater wells in 1998.
Rate Vastar Resources' efforts to communicate its history to employees.
Vastar Resources jobs
Do you work at Vastar Resources?
Does Vastar Resources communicate its history to new hires?
Vastar Resources history FAQs
Zippia gives an in-depth look into the details of Vastar Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vastar Resources. The employee data is based on information from people who have self-reported their past or current employments at Vastar Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Vastar Resources. The data presented on this page does not represent the view of Vastar Resources and its employees or that of Zippia.
Vastar Resources may also be known as or be related to Vastar Resources and Vastar Resources Inc.