• Who We Are

About Wheeler Resource Recovery

  • Wheeler Resource Recovery gives accredited investors direct access to producing oil and gas projects operated by Wheeler Operating Corporation, a Texas operator with roots dating back to 1932. We aren’t a broker-dealer or a capital-raising firm handing the fieldwork to someone else. Every project we bring to our investors is developed and operated by the same team that’s been doing this work, hands-on, for more than 90 years.

  • Nearly a Century in the Field

    In 1932, W. Ridley Wheeler began building what became a long-standing independent oil and gas operation in Texas, the roots of what is known today as Wheeler Operating Corporation. Over the decades that followed, the Wheeler organization built deep, hands-on experience in drilling, production, reservoir management, and secondary recovery.

    In 1974, the company evolved into Wheeler Operating Corporation and sharpened its focus on secondary recovery: waterflooding proven fields rather than chasing speculative exploration. That focus has paid off: over the decades, Wheeler has recovered more than 29 million additional barrels of oil from fields other operators had already written off.

    In 2008, the Wheeler family sold the operating company to George Jackson, its longtime Head Petroleum Engineer, ensuring the operation’s leadership and philosophy carried forward rather than starting over under new ownership. George had already been part of the Wheeler team since 1976, and today he continues to lead field development with the same hands-on approach that’s defined the company since its earliest years.

    Wheeler Resource Recovery, LLC was formed in 2014 to open that operating experience up to accredited investors. Rather than raising capital for projects run by someone else, WRR gives investors a direct line to projects operated by Wheeler Operating: the same team, the same fields, and the same track record, now available as an investment.

  • A Real Operator, Not Just a Sponsor

    Many investment sponsors raise money and hand the actual fieldwork to a third-party operator. Wheeler Resource Recovery doesn’t work that way. Every project we bring to investors is developed and operated by Wheeler Operating Corporation, giving investors direct access to decades of reservoir engineering, secondary recovery expertise, and hands-on field management, not a layer of management standing between them and the work.

    We focus on developing proven, already-producing fields through secondary recovery rather than higher-risk exploratory drilling, and we invest our own capital in every project alongside our investors. If we’re not willing to put our own money into a project, we won’t ask anyone else to either.
    Our current projects apply a proven five-spot waterflood pattern to recover oil that primary drilling leaves behind. You can find the full breakdown of how that process works on our Why Invest page.

Leadership

  • Kevin K. Thibeau, President
    Wheeler Resource Recovery Author
    Kevin K. Thibeau leads investor relations, capital formation, and business development at Wheeler Resource Recovery, bringing more than 25 years of sales and management experience, including over 20 years focused specifically on oil and gas investments. Since 2004, he has worked on drilling and producing projects across Texas, Oklahoma, Louisiana, and West Virginia, helping accredited investors participate in opportunities backed by Wheeler Operating Corporation’s 90-plus years of operating history. Kevin holds a Bachelor of Arts in Business Management from Assumption College in Worcester, Massachusetts. A native of Maine, he now lives in Fort Worth, Texas, with his wife, Debbi Jo.
  • George Jackson, P.E., Wheeler Operating Corporation

    George Jackson is a registered professional petroleum engineer who joined the Wheeler organization in 1976 and has spent nearly five decades in the field ever since. During his tenure, Wheeler has drilled approximately 450 producing and injection wells and recovered more than 29 million barrels of oil through secondary recovery projects, including the Leeper-Glorieta Field (roughly 13 million barrels produced), the D-L-S San Andres Field (roughly 6.8 million barrels of reserves added), and the Suniland Field (roughly 2 million barrels of reserves added). In 2008, George took ownership of Wheeler Operating Corporation, carrying the company’s operating philosophy forward as both engineer and owner.

How We’re Built

  • Wheeler Resource Recovery, LLC manages investor relations, capital formation, and project administration. Wheeler Operating Corporation is responsible for field development and day-to-day oil and gas operations. The two companies are connected at the ownership level, too: Kevin Thibeau, President of Wheeler Resource Recovery, is also a part owner of Wheeler Oil Company, LLC, the general partner of Wheeler Operating Corporation. When you see us reference operating experience dating back to 1932, that history belongs to Wheeler Operating, Wheeler Oil Company, and their predecessor entities: the team behind every project we bring to our investors.

  • What You Can Expect From Us

    We’re a small company with a long track record, and we like it that way: it means direct access to the people actually running your investment, not a call center. Every relationship starts with a real conversation, continues with clear reporting (production updates, revenue statements, K-1s), and is built on the belief that trust is earned by being transparent, responsive, and honest, including about what we don’t know yet.

  • Ready to Learn More?

    Get in touch with our investor relations team to talk about current investment opportunities.