Burlington Resources, NYSE: BR) is an American oil and gas company. Their headquarters are in Houston, Texas.

Burlington Resources has operations in North America (Canada, USA, San Juan basin), Algeria, China, Northwest Europe (North Sea and East Irish Sea) and Latin America (Colombia, Ecuador, Peru and Argentina).

Based in Houston, Texas, BR has major offices located in Calgary, London, Farmington, Midland and Fort Worth.

History

• 1988: Burlington Resources is formed as a stand-alone resource company to manage Burlington Northern Railroad Company's resource assets (formerly including companies such as Milestone Petroleum, El Paso Company and Meridian Oil Inc, as well as land holdings and mineral rights granted in 1864 by Abraham Lincoln). BR stock is offered to the public (NYSE: BR).
• 1994: Non strategic properties were divested, eliminating half of BR's wells.
• 1997: BR merges with Louisiana Land & Exploration, gaining interest in properties in the Gulf Of Mexico.
• 1998: International expansion in Algeria.
• 1999: BR acquired Poco Petroleums, gaining properties in the canadian western sedimentary basin.
• 2001: BR acquired Canadian Hunter Exploration, expanding it's base in Canada.
• 2002: BR acquired production properties in Ecuador and has a gas sales deal with China.
• 2006: BR acquired by ConocoPhillips in a deal worth about US$35.6 billion. After Burlington Resources's purchase, Google entered the S&P 500 in the vacated position.