EXPERIENCED MANAGEMENT
With over 75 years of combined experience in both onshore and offshore drilling, our key management has a proven track record of increasing reserves and production while lowering costs.
GOAL FOCUSED
MRC Development Partners is committed to securing superior oil and gas assets that generate prolific monthly cash flow and substantial tax write-offs for us and our Partners.
RESULTS ORIENTED
Our management has identified over 25 million barrels of oil and distributed over $100 million dollars in oil and gas revenue.
SCREENING CRITERION
We focus exclusively on conventional oil plays that we believe are much more cost effective to produce, yielding greater profits. We believe that by limiting our finding costs, our programs can achieve profit in the ever-fluctuating energy market.
ENRICHED AREAS
We focus solely on high-volume oil production basins. The Gulf Coast Region is considered a world petroleum mega-province, currently producing almost 60% of America’s entire annual energy output along with the majority of the U.S. refining capacity.
INNOVATIVE PROJECTS
Salt Domes, the most prolific oil producing structures in the world.
TECHNOLOGY BASED
Our prospects are generated using state-of-the-art technology.
UNIQUE PRICING
We create value by limiting overhead costs to pass along savings to our partners. We believe the more our Partners own, for each dollar invested, the greater the potential returns they can reap.
ASSET CONTROL
Our Partners maintain 100% control over their producing assets to ensure cost management.
DEVELOPMENT
We continually search for overlooked and underdeveloped prospects for the future. We view this as a low-risk approach to value creation by maximizing already discovered resources rather than the high-risk nature of searching for the “next big play”. The best place to find oil is in an already existing oilfield.
ACQUISITION
Precision, experience, and skill allow us to find unrealized or underestimated value in the properties we pursue. Our business development team has extensive knowledge and experience in the acquisitions marketplace, which enables us to source primarily private deals that are not available on the open market and close them successfully.
COMPREHENSIVE REPORTING
We keep our Partners informed every step of the way - from daily drilling reports, monthly statements, lease operating expense details, conference calls and year end K-1 tax information.
CONFERENCE CALLS
We do ongoing conference calls for all our ventures. We have found this to be a great way to keep everyone informed and involved in the management of our projects.
TURNKEY INITIAL OPERATIONS
All our programs are offered turnkey to protect investors from potential cost overruns during the drilling and completion phase due to an unforeseen event. An AFE (Authorization for Expenditure) is provided on all projects outlining budgeted costs for both drilling and completion. Once a well goes into production, any ongoing expenses are performed on a pro-rata basis based on direct ownership.
CAPTIVE OPERATIONS
We operate 100% of our assets to ensure cost effectiveness and profitability through all production phases and economic cycles. MRC Development Partners (through its operating arm, Triangle Three Resources) understands all aspects of operations, from initial prospecting through the decommissioning of a field. Our partners, mineral interest owners, surface owners and vendors know they can count on us to get the job done.
OPERATIONAL EFFICIENCY
As an efficient producer, we continue to generate economic returns throughout the cycle of production, fluctuating energy prices, and prevailing market conditions.
STRATEGIC ALLIANCES
Our strategic alliances with well-established industry partners allow us to create unique opportunities that we believe will reap long-term rewards. A few of the benefits include Deal Flow, Funding and Divestiture.
SUPERIOR APPRAISALS
Periodically we obtain engineered reserve studies on our properties to determine the value for possible future property sales. In these cases, we only employ name-recognized firms like world renowned, Degolyer and MacNaughton, the industry recognized Gold Standard of Excellence.
MRC Development Partners
17177 Preston Rd., Suite #370N Dallas, TX 75248
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