Sunday, August 07, 2022 7:45:39 PM
United Energy embraces comprehensive engineering and production practices that protect the environment and reduce costs. As we carry on our tradition of commitment and responsibility to our people, we are no less invested in their safety, the environment, and sustainability.
Lean exploration and production of natural gas and oil is driven by a national effort toward an independent and self-sustaining society. The very components that make an enterprise successful are the same principles that will make our country prosperous – a high level of personal and business ethics, unity, resilience, individuality, determination, and practicing sound financial decisions.
EXPLORATION & PRODUCTION
As a result of the pandemic, we divested of lesser performing non-core assets and marginal oil producing leases in order to position our company for success in the Williston Basin in North Dakota and Montana.
United Energy has invested heavily in cleaner, more reliable forms of energy production with its Natural Gas asset base in Oklahoma. United Energy is also a minority interest owner in a 6.9M barrel oil storage facility being developed 14 miles from the Gulf of Mexico.
By providing reliable, accessible, and affordable energy within our borders and beyond, we are sowing now to reap an abundant reward of energy in the future.
TECHNOLOGY
As energy demands grow worldwide, United Energy’s offering exemplifies future potential oil and natural gas production for decades to come.
United Energy has also invested in and acquired the license to a micronizing technology that could revolutionize Oil Shale development.
Advances in technology legitimatized tapping unclaimed resources more economically and safely than ever before. Escalating recovery of leasehold acreage results in cost efficiency and enhanced production capabilities.
RESERVE STORAGE
With an increased capacity to access oil and natural gas reservoirs, the United States is well able to reduce our dependency on foreign supply. As the pandemic clearly exposed, we are not yet independent enough from a reliance on oil and gas from outside our own country, or even our own continent.
The well-developed oil-storage industry allows companies to purchase and receive oil when the price is low and store it until the price is higher.
United Energy owns a minority interest in a planned oil storage terminal facility in Louisiana with 6.8M barrel of oil initial storage capacity 14 miles from the Gulf Coast.
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