South Texas Projects
A word from Greg Hillman:
I am your trusted resource for qualified oil and gas investing in the energy industry, having spent more than two decades representing individual private equity partners, family offices and private partner groups. I’ve assisted partners to discover and produce more than 15 million barrels of oil and 500 billion cubic feet of natural gas.
Through decades of significant industry and global changes regarding oil and gas investment strategies and technological changes that have altered the energy space, I am your eyes and ears at the forefront of the industry. I’m dedicated to helping qualified oil and gas investors play a role in achieving energy independence for the United States.
Connect with me to receive specialized oil and natural gas investment services, including:
- lease banking
- overriding royal interest acquisition
- acquiring producing properties
- developmental drilling programs
Operations
South Texas Partnerships
The South Texas Oil Boom partnership opportunities are now full. Check out the opportunities in Oklahoma.
While the history of oil in South Texas from the early 1900s to mid-1940s remains the most notable and transformative period in the region’s oil history, there was also a significant oil boom in South Texas during the 2000s. This more recent boom, often referred to as the “Eagle Ford Shale Boom,” brought about a resurgence in oil production and economic growth in the area. Here are some key points about the oil boom in South Texas during the 2000s:
1. Eagle Ford Shale Discovery:
The Eagle Ford Shale is a geological formation located in South Texas, spanning over 26 counties. The boom began around 2008 when advancements in drilling technology, specifically hydraulic fracturing (fracking), made it economically viable to extract oil and natural gas from the previously untapped shale reservoirs.
2. Rapid Growth and Production:
The discovery of the Eagle Ford Shale led to a rapid increase in oil and gas production. The region experienced a surge in drilling activity as energy companies invested in exploration and extraction operations. The high productivity of the shale formations resulted in a significant rise in oil and gas output.
3. Economic Impact:
Similar to the historic South Texas Oil Boom, the Eagle Ford Shale Boom brought substantial economic benefits to South Texas. It generated thousands of jobs, stimulated local economies, and attracted investment and infrastructure development. The increased oil and gas production also contributed to energy independence and reduced reliance on foreign oil.
4. Infrastructure Development:
To support the booming industry, extensive infrastructure development took place. New pipelines were constructed to transport the oil and gas from the production sites to refineries and distribution centers. The region saw the growth of oilfield service companies, housing projects, and other related industries to meet the demands of the expanding oil and gas sector.
5. Environmental and Community Impact:
The rapid expansion of oil and gas operations in South Texas during the 2000s also raised environmental and community concerns. Issues such as water usage, wastewater disposal, air pollution, and the impact on local communities and infrastructure came to the forefront. These concerns prompted regulatory measures and increased efforts to ensure responsible and sustainable practices in the industry.
6. Price Volatility and Industry Changes:
The oil industry is known for its price volatility, and the Eagle Ford Shale Boom was not immune to market fluctuations. The drop in oil prices in 2014-2016 led to a slowdown in drilling activity and affected the pace of development in the region. However, the industry has demonstrated resilience and adaptation, adjusting to market conditions and technological advancements.
7. Continued Importance:
Despite the challenges and fluctuations, the Eagle Ford Shale remains an active oil and gas producing region. The boom brought long-term investments and established South Texas as a significant energy-producing area in the United States. The region continues to play a vital role in domestic energy production and contributes to the local and national economy.
Conclusion:
While the historic South Texas Oil Boom of the early 1900s had a more profound and enduring impact, the oil boom in South Texas during the 2000s, particularly the Eagle Ford Shale Boom, marked another significant period of growth and development in the region’s oil industry.
WHY QUALIFIED INVESTORS CHOOSE OIL & GAS
A strong combination of investment advantages
Direct participation in oil and gas exploration is a tax-advantaged investment that can provide attractive long-term results while complementing a qualified and sophisticated investor’s existing portfolio.
UNPARALLELED TAX ADVANTAGES
Oil and gas investment tax preferences are among the best of any asset class – investing in real estate, stocks, and bonds simply do not provide the special and considerable tax advantages associated with direct investing in oil and gas exploration.
HIGH ROI POTENTIAL AND PASSIVE LONG-TERM MONTHLY INCOME
While oil and gas tax write-offs are great, DW focuses on financing projects that have the highest potential to deliver excellent cash returns and generate long-term passive monthly income streams for our qualified investors.
PORTFOLIO DIVERSIFICATION
For many qualified investors, oil and gas investing is a welcome complement to low-yielding fixed-return bonds, volatile stocks, or real estate and private equity investments that involve the use of leverage to achieve a desired return on equity.
FIRST YEAR DEDUCTION
Intangible Drilling Costs (IDC) and other first year expenses could comprise up to 90% of a qualified investor’s investment. For qualified investors, these expenses may be fully tax deductible in the year incurred.
DEPLETION ALLOWANCE SHELTER
Intangible Up to 15% of a well’s gross annual production may be tax free in perpetuity.
Only approved investors who satisfy the requirements for an exemption from registration of securities and applicable suitability factors will be considered for approval. The satisfaction of these requirements by a prospective investor does not necessarily mean that an investment in a partnership is a suitable investment for that investor. We reserve the right to reject in its sole discretion a potential investor’s subscription.
This website and the contents and links therein does not constitute an offer to sell or the solicitation of an offer to purchase to any person in any jurisdiction in which such an offer or solicitation is not authorized.
The securities presented hereby are not registered under the securities act or the securities laws of certain states and are offered and sold in reliance on exemptions from the registration requirements of the securities act and such laws. These securities are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the securities act of 1933, as amended, and applicable state securities laws, pursuant to registration or exemption therefrom. These securities are speculative and involve a high degree of risk. Investors should be aware that they will be required to bear financial risk for an indefinite period of time.
The contents of this website shall not be construed as legal, business or tax advice. Each person should consult his or her own attorney, business advisor, or tax adviser as to legal, business, tax, and related matters concerning the information on this website.
