Offshore Gulf of Mexico is a primary source
for our crude oil and condensate.
Our constant attention to crude oil markets allows
us to take advantage of industry-wide trade opportunities, offering producers
and refinery customers competitive prices.
Serving crude oil producers
and refiners is the foundation of our success. Crude oil purchasing, transportation and marketing throughout the United States are the foundation of Texon's business. They afford us the opportunity to provide a wide range of services to operators and non-operators alike. We purchase crude oil directly from the wellhead and arrange all transportation and marketing, allowing producers to minimize their risk and maximize value. Because we are proficient in arranging truck, barge, rail and pipeline transportation, we can offer producers competitive prices as well as reliable movement of their crude oil and condensate. Our market awareness and experience allow us to take advantage of industry-wide trade opportunities. Although Texon does not participate in speculative trading, in certain instances Texon does provide price hedging services for producers by utilizing the cash, futures and derivative markets. Not only do these arrangements work in the best financial interest of our producers, it gives them more time to devote to their business. Other time and money saving services we provide to producers include revenue distribution to interest owners and payment of taxes to the appropriate taxing authorities. In addition, Texon regularly provides market values to companies involved in acquisition or exploration programs. This service enables them to accurately project revenues for budgeting purposes. As a result, Texon has many long-term relationships based on solid performance, backed by trust.  Texon currently purchases crude oil in the states indicated above in blue as well as the Gulf of Mexico. I want to contact Texon about purchasing my Crude Oil. |