Hilcorp is a prominent privately held energy exploration and production company based in Texas, founded in 1989. It is the largest privately owned oil and natural gas producer in the United States, operating in nine states with a significant presence in Alaska. The company employs around 3,200 people globally, with about 1,500 in Alaska. Hilcorp focuses on acquiring and revitalizing mature oil and gas assets through innovative operational strategies, aiming to enhance production efficiency while minimizing environmental impact.

The company manages nearly 5,000 producing wells in Texas, generating approximately 325,000 barrels of oil equivalent per day. Hilcorp holds over 2 billion barrels of proved oil and gas reserves and invests around $750 million annually to sustain and grow its production. Known for its unique employee incentive programs, Hilcorp fosters a culture of innovation and ownership among its workforce. The company also actively engages with the community, contributing nearly $4 million to Texas charities and awarding over $1.5 million in scholarships to students since 2010.