Trinity Mineral Partners (TMP) is a 6-person LLC headquartered in Pittsburgh, Pennsylvania. We own and operate 100+ oil and gas wells across 1,000+ acres in Warren County, Pennsylvania.
We are an operator focused on “creating energy” – not just through the production of oil and gas from our existing wells, but by developing prosperous joint ventures and limited partnerships to drill new wells.
To briefly introduce the team… Two of our LLC partners – our Field Manager and our Pumper – live in the community and work the leases. While each are less than 45 years old, they have a combined 40+ years of experience in the energy and logging industries. Two other partners have a combined 34+ years’ experience in leasing and brokering the sale of OGMs (oil, gas, and mineral rights), and are partners in a sister company named ClientFirst Minerals. The final two partners are a businesswoman/investor from the legal profession and a former corporate Operations VP and serial entrepreneur. Collectively, the team brings decades of knowledge and experience to the task of operating a successful business, forming investor relationships, drilling new wells, and producing and selling large quantities of oil and gas.
Our decisions and actions are guided by an uncompromising set of principles that are applied to every relationship we form or inherit, including investors, landowners, customers, and contractors. We are on excellent terms with the Pennsylvania Department of Environmental Protection (DEP) and have personal, longstanding relationships with experienced surveyors and geologists.
Growth and success in the oil and gas industry results from optimizing production on leases that are already owned and by continually drilling new wells. This is an ideal moment in time to begin new drilling operations. Oil and gas prices are at good levels and enthusiasm for new exploration and production is high - especially given the administration’s emphasis on increased domestic oil and gas production (Drill, Baby, Drill.). The new focus on streamlining government regulations could result in accelerated processes for well permitting and transfers and could resolve several of the industry’s environmental and regulatory compliance challenges. Persistent inflation and overall economic concerns are leading many landowners to sell their OGMs to both new and established operators interested in drilling new wells, with the landowners profiting handsomely through royalty interests from production.
TMP is soliciting investors who wish to partner in the drilling of new oil and gas wells. While an experienced oil and gas investor is desirable, past familiarity is not required, as TMP has both the expertise and relationships in place to plot, drill, frack, and operate new wells*
A legal Joint Venture Agreement provides the committed investor with an ongoing Working Interest (WI) in the production from each well. Expressed as a percentage, the WI is used to calculate the investor’s monthly income from production.
Tax benefits can be substantial, beginning with federal tax write-offs for intangible drilling costs that usually represent 70% to 85% of the cost of a well and can be deducted 100% against taxable income in the first year – before drilling has even begun. Tangible drilling costs represent the balance of 15% to 30% and can be taken as a 100% deduction over the course of seven years. And finally, a depletion allowance equal to 15% of gross income from production can be sheltered every year.
An Investor’s funding is secured by their Working Interest (ownership interest) in the well. Effectively, the Investor is “buying” the well (in proportion to their share of the Working Interest). The investment provides for the contracted labor (for site prep, drilling, fracking, etc.) and the physical equipment – both above and below the surface – required to construct the well.
*This information is intended solely for accredited investors, as defined by applicable securities regulations, who have the financial sophistication and capacity to evaluate the risks associated with private investments. No offer to sell securities is being made to any person who is not an accredited investor.