The main aspect of our business is Crude Oil Purchasing, Marketing Services, Refinery Supply and Consulting. Not only do we purchase crude oil or condensate at the well head and arrange the necessary transportation and make revenue payments for the operators, but we offer the following services:
Contract Reviews & Recommendations
Risk Management (Hedging)
Division Orders for Royalty Payments
Gas Revenue Distributions
Scheduling & Balancing of refinery supply
- CRUDE OIL PURCHASING
Purchase oil or condensate at the well head, arrange transportation, assist in preparation of the Authorizations to Transport Forms (P4), generate Run Statement Reports, prepare and send out Division of Interest for revenue disbursements, pay severance taxes, maintain related data base records.
Build and send bid packages, pricing analysis, market research, special project consultation, identify improvement areas and netback opportunities, manage customer account pricing, issues, logistics and operations. Validate ticket information, verify price and volume, dispute volume discrepancies, and generate Run Statement Reviews.
- REFINERY SUPPLY
Manage supply requirements for special refinery slates as needed. Assist in pricing and delivery options. Maintain inventory status and forecasting. Prepare and develop contingency plans for supply disruptions. Maintain supply records as well as prepare and distribute monthly nominations. Monitor industry trends and culture changes.
Evaluate supply, market trends and numerous other variables for expansion in new areas. Use our extensive industry knowledge and relationships to target new industry opportunities. Develop logistical alternatives and options for supply or storage.