Turn High Tax Liabilities Into Direct Income From Proven Texas Oil Fields
Wheeler Resource Recovery gives accredited investors direct working interest in secondary waterflood projects—delivering up to 80%+ first-year tax write-offs while eliminating exploratory “wildcat” drilling risks.
Your Experienced Partner in Oil & Gas Investment
Wheeler Resource Recovery gives private investors direct working interest in Secondary Oil Recovery, providing a safer, tax-advantaged path to real energy production:
Eliminate Wildcat Risk: We bypass expensive exploration by re-entering established Texas reservoirs with decades of proven production log history.
Shield Income from Taxes: Direct participation unlocks immediate, major federal write-offs—allowing you to offset up to 80%+ of your investment against ordinary active income in Year 1.
Generate Monthly Commodity Cash Flow: Repressurizing proven formations extracts trapped crude at lower operational costs, passing regular income and long-term oil sales directly to working interest owners.
Why Invest?
Proven Geology Over Speculation
Rather than guessing where oil might be, we select depleted reservoirs with proven log histories. Natural pressure has dropped, but up to 50% or more of the original oil remains trapped underground.
The 5-Spot Water Recovery Process
We drill a grid of production wells flanked by injection wells. Pumping clean water into the injection wells re-pressurizes the formation, sweeping trapped crude directly into the production wells.
The 2-Well Package Advantage
Instead of forcing you to fund an entire field development, Wheeler Resource Recovery breaks multi-well developments into financially independent 2-Well Packages (1 Producer + 1 Injector).
Featured Project
Madison County, TX Project
We’re conducting a 54 well field development in Madison County, Texas. To facilitate investment participation and reduce risk, the project has been structured in two well increments which are financially independent.
An investor has the option of participating in as many, or as few, of the two well projects as he chooses. Returns from any two well project will likely determine the exercise of the option to participate in subsequent packages.
Field Scope
54 Total Wells (27 Producers / 27 Injectors)
Target Recovery
17,500,000+ Barrels Cumulative Secondary Extraction
Estimated Revenue Potential
$610M to $900M+ (Based on $35 to $50+/bbl spot price projections)
Overall Field Budget
~$100,000,000
(Paid incrementally out of production as well packages come online)
Target Formation
Lewisville Sands (~130′ net thickness) with Dexter water drive source
Institutional Experience. 90+ Years of Texas Energy Heritage.
The Partnership
Wheeler Resource Recovery acts as your direct capital and investor relations gateway, while field operations are executed by Wheeler Operating Corporation—a Texas operator with roots dating back to 1932.
Engineering Leadership
Led by registered professional petroleum engineer George Jackson, PE (former Amoco and Great Western Drilling engineer), who specializes in secondary recovery flow characteristics.
Proven Field Deliveries
George Jackson and the Wheeler team have put over 29,000,000 barrels of oil in the tank across major Texas waterflood projects, including:
Leeper-Glorieta Field:
13,000,000 BarrelsD-L-S San Andres Field:
6,800,000 BarrelsSuniland Field Unit:
2,000,000 Barrels