Republic Resources
Oil & Energy - , Texas, United States
Republic Resources Employees
Republic Resources Details
Republic Resources, LLC is an independent energy company engaged in oil and natural gas exploration, development and production. In addition to demonstrating an instinct and aptitude for correctly assessing new prospect opportunities– and quickly moving on them, Republic Resources' sustained growth is attributed to a solid business philosophy – one which is squarely focused on maximizing margins by minimizing both risk and operating costs.We have historically minimized risk by investing heavily in 2D and 3D seismic technology. To point, 90% of our targeted projects from the past have utilized 3D seismic, and we are in the process of acquiring more 3D seismic data to generate new promising prospects in addition to our scheduled horizontal drilling plans for the future.Republic Resources has built a staff of dedicated experts that is capable of handling every phase of the exploration, development, and production cycle. This allows us to maintain tight control over operating costs by operating all of our own wells internally. We can maintain careful control of all timing issues, expenses, negotiations with suppliers, and administration costs. As a small independent company we maintain certain advantages over massive exploration companies. In addition to sustaining a much lower overhead, we possess the edge of speed and flexibility. After careful analysis of a prospect, we make an immediate decision to put the wheels in motion and get our landman to the courthouse. Our agility not only allows us to capitalize on new opportunities, it becomes a valuable asset throughout the entire life-cycle.Republic Resources enjoys the best of both worlds. We garner all the advantages of being a small company, yet we can take on large deals through our partnership programs. We see no limits on the opportunities and successes we can pursue.
Republic Resources Technologies
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