Conventional properties often anchor a portfolio with stable production and significant remaining opportunity—but only if they are managed with discipline. Legacy wells, mixed vintages of facilities, and evolving regulatory expectations can strain internal teams. NTG Auburn helps owners of conventional assets protect the base, uncover incremental value, and plan for eventual decommissioning with a clear, data-driven roadmap.
We support clients across the full spectrum of conventional fields, from legacy PDP assets and mature gathering systems to mixed primary and secondary recovery projects.
Operational Discipline for Legacy Fields
NTG Auburn’s approach to conventional properties focuses on:
- Protecting production and cash flow through consistent surveillance and maintenance.
- Reducing LOE with targeted workovers, facilities optimization, and vendor management.
- Addressing integrity and regulatory risk before it becomes a barrier to operations or divestiture.
- Planning for the full life cycle, including recompletions, conversions, and eventual P&A.
Where NTG Auburn Adds Value
1. Field Surveillance & Production Optimization
- Implement structured routines for monitoring wells, facilities, and key performance indicators.
- Identify under-performing wells and patterns using production and cost data.
- Prioritize low-risk, high-impact optimization and maintenance activities.
2. Workovers, Recompletions & Well Integrity
- Evaluate workover and recompletion opportunities with clear economic framing.
- Oversee execution of mechanical repairs, lift changes, and zone changes.
- Address well integrity issues in coordination with long-term P&A planning.
3. Facilities, Gathering Systems & LOE Control
- Assess surface facilities, compression, and gathering systems for reliability and efficiency.
- Rationalize tank batteries, disposal, and measurement points where appropriate.
- Drive LOE reduction initiatives without compromising safety or environmental performance.
4. Regulatory, ESG & End-of-Life Planning
- Coordinate regulatory filings, inspections, and compliance programs in concert with NTG Environmental.
- Develop practical plans for managing idle wells, inactive facilities, and P&A obligations.
- Support ESG reporting needs tied to emissions, spills, and surface footprint.
5. Transition, Restructuring & Receivership Support
- Stand up as operator of record or contract operator during ownership transitions and restructurings.
- Stabilize operations for lenders, receivers, or new owners while long-term plans are developed.
- Provide transparent reporting and communication across legal, financial, and technical stakeholders.
Typical Situations We Support
- Financial sponsors acquiring conventional PDP-heavy portfolios without full internal operating teams.
- Restructuring and bankruptcy scenarios where operational continuity is critical.
- Companies rationalizing staff but needing to maintain or improve performance on legacy fields.
- Owners preparing conventional assets for divestiture and needing to reduce operational and regulatory risk.
With NTG Auburn acting as contract operator, asset manager, or technical steward, conventional asset owners gain a partner focused on the fundamentals: safe operations, predictable performance, and thoughtful end-of-life planning.