Merit Energy Company

Merit Energy Company is one of the largest privately held US-based oil and gas companies by production volume, with some $1 billion in net income on $2.1 billion in revenue. 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 Energy Company is one of the largest privately held US-based oil and gas companies by production volume, with some $1 billion in net income on $2.1 billion in revenue. 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.
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