By understanding the client’s goals, capabilities, vendor relationships, systems, organization and the particular property(s) NTG Auburn is able to provide an effective customized partnering solution by bringing the right expertise on an on-call, as-needed basis, combining this expertise with the right tools and processes to meet the client’s financial, operational, safety and ESG goals. Our customized programs are generally structured with the client being the operator of record, but we do have experience being the operator of record in certain customizable instances.
Large E&P’s
- Confidential operations to enhance your competitive advantage and reduce risks
- Expertise in drilling appraisal wells while your drilling department is busy on development wells
- Carbon Capture Test Wells
- Geothermal Test Wells
Private Equity Startups
- Begin projects without being required to hire necessary staff
- Supply chain advantages, including previously negotiated master service agreements
- Bring functions in-house based on a transition schedule that optimizes the client organization
- Continue to outsource certain functions that do not require full-time employees
Companies without Operating Teams
- Begin projects without being required to hire required staff
- Supply chain advantages, including previously negotiated master service agreements
- Bring functions in-house based on a transition schedule that optimizes the client organization
- Continue to outsource certain functions that do not require full-time employees
Restructuring & Bankruptcy
- Strategic risk assessment of assets and value range
- Recommend assets to pursue and which to leave
- Provide technical management and advisory team upon change in management
- Provide engineering, geology, land, regulatory and HSE support
Case Summary
Midland Basin
Private equity client with management staff of 2 signed a PSA to purchase 500 wells with 21,000 BOE/day with no current legal operating entity and 90 days to close and take over operations. NTG Auburn and Environmental provided the team, tools and solutions to legally set up the operator of record entity, execute ~200 MSA’s and contracts, develop ESG and safety policies, institute HR, payroll and accounting systems, develop a 12-month plan and begin the employment of over 30 field personnel and associated equipment. NTG Auburn and Environmental continue to optimize our services during transition to reduce stress and costs to our clients.
East Texas
Financial client notified NTG Auburn on a Friday that they had to take over a mid-sized company on the next Wednesday from a defaulted customer. NTG Auburn introduced the necessary resources to operationally accomplish this sudden change in ownership without a disruption in operations. Within the next 6 months, the financial client was then able to market the larger portion of the assets. NTG Auburn contract operated the smaller portion for 2 years until the financial client was able to successfully sell those remaining assets during high natural gas prices in 2022. NTG Auburn’s solutions allow financial clients to timely manage their defaulted assets for maximum recovery.
Project Management
Project management involves planning, coordinating, and overseeing the operations to ensure successful completion of energy projects.
Technical & Commercial Advisory
NTG Auburn’s staff and network of upstream subject-matter-experts provide on-call expertise and tools to address our clients’ problems
Project Management
Project management involves planning, coordinating, and overseeing the operations to ensure successful completion of energy projects.
Technical & Commercial Advisory
NTG Auburn’s staff and network of upstream subject-matter-experts provide on-call expertise and tools to address our clients’ problems