Callon Petroleum Company is an independent energy company that specializes in oil and natural gas acquisition, exploration, and development in West Texas' Permian Basin. By December 31, 2021, the company's estimated net proved reserves included 290.3 MMBbls of oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was established in 1950 and is headquartered in Houston, Texas.