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Coastal Corporation was a diversified ener … Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza (Coastal Tower) in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.oyees and annual revenues of $8.2 billion.
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Acquired byEl Paso Corporation
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1955
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2001
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Acquired by El Paso Corporation
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1955
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, Houston, Texas
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The Coastal Corporation
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Coastal Corporation was a diversified ener … Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza (Coastal Tower) in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.oyees and annual revenues of $8.2 billion.
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Coastal Corporation
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