DIRECT INVESTMENTS

Well Completion Funding for Oil & Gas Operators

Leveraging over 25 years of oil and gas finance experience, we provide asset-level, well completion funding to enable oil and gas operators to increase their profitability and balance sheet strength.

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Well Completion Funding

Accelerates the conversion of non-producing wells into production:

 

  • Conveyance of a perpetual, adjustable overriding royalty interest (ORRI) carved out of subject wells

  • $2-10 million per six-month project phases

  • To be used for well return to production, recompletions and completions

Trade Components

Use of customary industry trade concepts and documentation allows for timely execution:

 

  • Operator conveys ORRI carved out of wells, subject to an agreed development plan

  • Enstream ORRI receives the majority of net revenue interest percentage until a target economic payout, reducing to a smaller percentage of the net revenue interest percentage thereafter; Operator receives residual cash flow and substantial back-in

  • Operator retains working interests, prospect control and leasehold inventory

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Workers at Gas Plant

Operator Benefits

  • Timely execution of project funding
  • Accelerated well conversion into production
  • Retention of capital structure and governance
  • Retention of producing reserves and upside
  • Retention of operating control

Target Prospects

Short-cycle projects which provide a high economic return to the operator:

  • Existing wellbores with PDSI, PDNP reserves

  • Located in mature fields with established infrastructure

  • Multi-phase project opportunities

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Contact us to discuss how we can help you . . .