Our growth is driven by a disciplined investment criterion that capitalizes on production potential while minimizing risk.
Our Working Interest asset portfolio features fractional ownership in existing wells in proven-producing fields as well as controlling ownership in oil and gas plays with untapped reserves. This balanced blend of assets in various phases of production life works to promote current and future performance potential.
Unlike most other companies that rely on complex geology, our oil and gas portfolio is based on the data collected from many wells in each geographical location. This model is the foundation of our ability to analyze the risk, cash flow and total expected recovery.
In addition, we maintain strategic relationships with large and medium-sized independent oil and gas companies. We believe it is wise to work with organizations that have a large ownership stake in the properties they develop because they have a greater incentive to do well as their own money is at risk.
We focus on acquiring properties that offer immediate cash flow potential from existing wells. Then, we seek to enhance the value of these properties by applying proven, cost-conscious geological and mechanical rework and recompletion strategies.
Our developmental drilling projects are concentrated in fields that have documented histories of oil and gas production. The majority of our prospects directly offset known producing wells. These activities are designed to open up new areas of opportunity and counter natural production declines in existing properties.
There’s more to the energy business than just selling what can be produced. By challenging our thinking about how we can deliver value, we’ve made a positive impact on our overall bottom line.
R2Q is the licensed operator of oil and gas assets in Wichita, Rusk, Gregg, and Upsher counties and has operated over 1,000+ wells in Texas & Oklahoma. Our Operations staff consists of a Land Department, RRC Compliance department, Production Superintendents, Pumpers, Echo Meter Technicians, and Roustabout crews.
Texas Energy Operating Services supports R2Q North Texas Field Development.. TE Operating Services has active fleet of drilling and service rigs, tank hauling trucks, dozers, pump trucks, graders, and winch trucks to name a few. Our Services staff consists of Rig Operators, CLD Operators, Electricians and Mechanics.
Features a 10-acre lot with 6,000 sq. ft. of warehouse space in Wichita County, TX. The company is intended to support the supply operations of TE subsidiary companies.