Upstream Activities
Torch Energy Advisors, Inc. (TEAI) maintains or manages the interests of third parties’ interests in a variety of oil and gas producing properties, natural gas pipelines and hydrocarbon treating and processing facilities. Torch, through its wholly-owned subsidiary of TEAI, manages the day to day operations of these assets, provides financial and regulatory reporting services and oversees the strategic and business planning associated with oil and gas assets. Torch currently services TEAI and its affiliates and partners, the Torch Royalty Trust and unaffiliated third parties.
Operations managed by the staff include the planning, evaluation and execution of oil and gas exploitation and exploration strategies as well as the technical and on-site management of natural gas gathering, treating and processing operations. We manage projects from the earliest stages through depletion. On staff industry experts include multi-disciplined engineers, field supervisors and lease and pipeline operators. These seasoned professionals conduct drilling activities, workover operations, and production and pipeline operations. In addition, Torch professionals continually work to identify re-completion and enhancement opportunities in the portfolio of properties under management.
Torch additionally provides the oil and gas accounting, financial reporting and tax planning services required to successfully manage oil and gas assets. Through the use of a third party, Torch also provides basic land administration, oil and gas accounting and regulatory reporting information. Seasoned Torch accounting and finance staff supplement and enhance the services provided by the third party to provide financial accounting and tax oversight and work with operations staff to provide accurate, timely and comprehensive financial reports for owners, partners and financial institutions.
Torch is always seeking to grow its portfolio of assets under management both through TEAI’s growth and by providing services to third parties.
Contact:
Ken Michie
Vice President – Exploitation
713-753-1448