Client Successes

Seminars and Corporate Training

“The education seminar Natural Gas 101 was enlightening and covered the basis for our new employees who had not previously worked in natural gas. They came away with a better understanding of the nature of our business. With so little time and too few people, we could not have given them the same in-depth look at our industry that Steve can do with a one-day seminar.”
— Sonja Langlee, Lumen Midstream

“Steve’s knowledge and experience in gas marketing and gas processing—particularly gas processing economics—are an extremely valuable resource to smaller independent producers in the Mid-Continent. Steve’s advice and information have provided a basis of understanding that has allowed me to enter into effective negotiations with gas gathering companies.”
— Steve Dillard, Pickrell Drilling

“Steve led a seminar on Wellhead Gas Marketing for the Desk and Derrick Club of Oklahoma City. It was straight forward, full of good information, and received excellent feedback from those in attendance.”
— Linda Whittington, Corner Energy

Energy Marketing Services

Spot Gas Sales

Mid-Continent: 600 mcfpd renegotiated on OGT for additional $0.05 or $11,000 annual increase.
Texas Panhandle: 500 mcfpd renegotiated on ANR for additional $0.14 or $25,000 annual increase.
South Louisiana: 5,000 mcfpd renegotiated in South Louisiana for additional $0.06 or $108,000 annual increase.

“Reese Energy Consulting not only uncovered substantial gas revenue but also negotiated our crude oil contracts which significantly increased our price per barrel. Steve Reese’s reputation and industry contacts alone are beneficial to any producer. We highly recommend his services.”
— Pam Ibbetson, Oxley Petroleum

Gas Processing and Term Renegotiations

South Texas: 3,800 mcfpd renegotiated on GPM for additional $0.08 or $110,000 annual increase.
Permian Basin: 3,500 MCFPD renegotiated on Duke for an additional $0.70/mcf or $800,000 annual increase.
Texas Panhandle: 800 mcfpd renegotiated on Oneok for an additional $0.60/mcf or $180,000 annual increase.
Permian Basin: 850 mcfpd renegotiated on Dynegy for additional $0.30 or $93,000 annual increase.
Permian Basin: 1,000 mcfpd renegotiated on BP for an additional $1.33 or $480,000 annual increase.
Mid-Continent: 1,500 mcfpd renegotiated on Duke for an additional $0.40 or $216,000 annual increase.
Mid-Continent: 500 mcfpd renegotiated on Texaco for additional $0.08 or $15,000 annual increase.

“Through the services of Reese Energy Consulting, I can increase values at the wellhead. Steve’s experience and contacts have been applied to increase my bottom line. I not only endorse Reese Energy Consulting, I highly recommend it.”
— Foy Streetman, ABPS Energy

Crude Oil Renegotiations

Oklahoma: 400 barrels per day renegotiated for an additional $0.80 per barrel or $116,000 annual increase.

“Reese Energy Consulting renegotiated contracts for us that resulted in a bottom line increase of at least $0.25 per mcf at the wellhead on four of our wells. Steve only charged us a fee on wells where he increased the gas price. Excellent service.”
— Pat Wilsey, Maxim Energy

From the Mid-Continent and the Permian Basin, to Louisiana, south Texas, the Rockies and
California, Reese Energy Consulting gives oil and gas producers and end-users an independent advantage in today’s energy market.