New Administration, New Policies—But Oil & Gas Remains Strong

Whenever a new administration comes in, there’s always uncertainty about what changes might come for energy policy. But here’s what we do know: U.S. policymakers continue to support domestic production, and Texas remains a top destination for investment-friendly regulations​.

One of the biggest policy shifts to watch is the creation of the National Energy Dominance Council, which aims to cut red tape and boost U.S. energy output​. That means fewer barriers for companies like Wheeler Resource Recovery and more opportunities for private investors to benefit from domestic production.

Oil Prices Are Stable—And That’s Great for Investors

Unlike the rollercoaster years we’ve seen in the past, 2025 is kicking off with some of the most stable oil prices in decades. In 2024, Brent crude oil prices stayed between $74 and $90 per barrel, and experts predict similar levels for 2025​. This kind of price stability is rare and makes for a solid investment environment.

Natural gas prices are rising, and with OPEC keeping production steady, prices are expected to remain strong​. That means steady returns for investors looking to get in now.

New Tech Is Making Oil & Gas Even More Profitable

The oil and gas industry isn’t sitting still—it’s evolving. New advancements in carbon capture, utilization, and storage (CCUS) are making oil production more efficient while also addressing environmental concerns​. That’s a win-win for companies and investors alike.

Projects like Quest in Canada and Northern Lights in Norway are proving that these technologies can reduce emissions while maintaining profitability​. As the industry embraces these innovations, long-term investment potential only gets stronger.

Tax Breaks Are Still Huge for Investors

One of the biggest reasons oil and gas investing is so attractive? The tax benefits. Here are just a few you’ll want to take advantage of in 2025:

• 100% deduction for Intangible Drilling Costs (IDCs) – These cover things like labor, fuel, and chemicals and usually make up 70-85% of the cost of a well. That’s an instant tax write-off​.
• Tangible Drilling Costs (TDCs) are depreciated over seven years, giving you long-term tax relief​.
• Depletion allowance shelters up to 15% of a well’s annual production from taxes, reducing your taxable income​.
• Lease operating expenses are fully deductible in the year they’re incurred​.

For accredited investors, these tax breaks can make a huge difference when it comes to lowering taxable income and boosting overall returns.

Why Now? Timing Is Everything

Everything is lining up to make 2025 a prime year for oil and gas investment:

• Strong demand: Oil and gas consumption continues to grow, and EV sales have leveled off, meaning fossil fuels are still a critical part of the global energy mix​.
• Private operators are thriving: Smaller, independent oil companies are seizing high-margin opportunities that major corporations often overlook​.
• Market stability: With oil prices holding steady and OPEC maintaining production levels, investors can expect reliable returns​.
• Tax incentives remain strong: Investing this year ensures you can still take advantage of existing tax benefits before any potential policy shifts​.

Final Thoughts: Don’t Wait Too Long

The oil and gas industry is in a sweet spot right now. Between strong prices, stable demand, new tech, and unbeatable tax advantages, 2025 is shaping up to be a great year for investors.

Interested in learning more? Click here or email us at info@wrsrc.com and we can connect about investment opportunities that are right for you.

The post <strong>2025 Outlook: Oil and Gas Industry</strong> appeared first on Wheeler Resource Recovery.

Reports indicate sales of electric vehicles may have plateaued for now, and lower interest rates will likely spur more auto purchases in 2025. Likewise, demand for natural gas is expected to grow. Ongoing conflicts in Ukraine continues and the Middle East will continue to disrupt supply and increase prices and demand.

Click here to learn more about the top 6 oil and gas tax benefits you’ll want to take advantage of for the 2024 tax year.

The post 6 REASONS TO INVEST IN OIL & GAS THIS 2024 TAX YEAR appeared first on Wheeler Resource Recovery.

Mike directs his team in the drilling of wells and leads production efforts. Each day Mike arrives
onsite, he and his team conduct testing to ensure all parts and machines for oil extraction are
properly functioning. This includes checking gauges, wheels and additional oil drilling parts.

Oil production can be a dangerous and difficult job. On a daily basis, Mike ensures that his team
closely follows safety protocols so that all team members return home safely from the field. Due
to the nature of Texas weather, his team is bound to be impacted by severe conditions, such as,
tornados, drought, flooding, heavy winds and more. Mike and his team are crucial to Wheeler’s
efforts of rebounding from these events and ensuring site operations can resume as soon as
possible.

To Mike, there is no greater reward than striking oil and working the team members you want to
spend time with. These are two of the main reasons he continues to enjoy his time with Wheeler
Resource Recovery! Mike Nash is a huge reason why the Madison County project continues to be a success and we look forward to seeing what he and his team accomplishes in the coming years.

Outside of his time in the field, Mike enjoys spending time with his kids and grandchildren.

The post Employee Spotlight: Mike Nash, Field Supervisor appeared first on Wheeler Resource Recovery.

As Controller, Shelby is key to managing our relationships with active investors. She is the go-to person for our investors– readily available to answer any questions about revenues and write-offs, which is especially crucial as investors look to reap the tax benefits of investing in oil and gas. Further, she oversees our direct communication to investors, including alerting our network to new investment opportunities as well as issuing updates from the field on our latest projects, like those in Madison County.

Shelby also assists with a wide range of tasks, from overseeing Wheeler’s accounting and financial functions to supporting marketing efforts throughout the year. In her role, she closely supports the Principal of Wheeler Resource Recovery, Kevin Thibeau. “For half a decade, Shelby has been the glue that holds our team together – she wears so many different hats and makes every effort to ensure our operations continue to run smoothly,” said Kevin Thibeau, Principal, Wheeler Resource Recovery.

Shelby specifically shared that she enjoys the dynamic nature of the field. “It’s always changing; our field members are always learning something new, and the industry is getting better and better every year,” she shared. Since she started working at Wheeler Resource Recovery, she has appreciated seeing how much the company continues to grow. The fast-paced energy is one of the main reasons that has kept her at Wheeler Resource Recovery.

Outside of the office, you can catch Shelby watching her favorite sport, hockey, and cheering on her Dallas Stars. She is also an avid competitive bowler and regularly competes in leagues and tournaments.

The post <strong>Employee Spotlight: Shelby Birdsong, Controller</strong> appeared first on Wheeler Resource Recovery.

In late 2023, Kevin’s expertise became the focal point of attention for radio stations spanning the United States. Reaching an audience of over 640,000 individuals, Kevin played a pivotal role in enlightening the market about low-risk, high reward investment opportunities in secondary oil recovery in proven oil fields.

Kevin shared his insights on industry trends, including current prices and future predictions for the oil and gas market, the tax benefits investors can reap in the year ahead, and what prospective investors should consider before diving into this domain.

If you missed Kevin’s insightful radio interviews (listen here), don’t worry! Below is a summary of the fantastic investment opportunities awaiting investors in the oil and gas sector and how you can take advantage of them.

High gas prices present a substantial ROI for investors

High gas prices in 2023 presented a substantial return on investment for Wheeler investors and that trend is set to continue. Despite reports that demand for oil and gas is slowing down, the industry remains strong. Electric vehicles and other alternative forms of energy are making waves, but the transition away from fossil fuels is one that is decades away.

Indeed, the end of the COVID-19 pandemic, the realities of winter, and robust summer travel season ahead will continue to drive demand. Meanwhile, the conflict in Ukraine continues and unrest in the Middle East will continue to disrupt supply. With demand expected to remain high and supply low, prices will continue to rise which oil and gas a timely investment.

A testimony to this ROI is Wheeler’s Madison County, Texas field development project. Unlike many companies constrained by governmental regulations, as a private entity on private land, we capitalized on high gas prices to unlock avenues for growth and success. The project is on track for a staggering $610M in revenue from our oil sales, underscoring our commitment to maximizing opportunities amidst market dynamics.

Tax benefits of oil and gas investments

In addition to ROI, smart investors should also consider the tax advantages linked to alternative investments, such as secondary oil recovery.

Here are six tax benefits awaiting investors in oil and gas:

1. 100% tax write-off for intangible drilling costs (IDCs) with a direct investment in oil and gas. IDCs are drilling expenses related to labor, fuel, chemicals, hauling, etc. and represent 70% to 85% of the cost of a well.
2. Tangible drilling costs (TDCs) – essentially, drilling equipment costs – are capitalized and depreciated over a seven-year period.
3. Intangible completion costs (ICCs) are deductible in the year they’re incurred. These include labor, completion materials, and more, and often amount to 15% of the total well cost and provide a great tax benefit.
4. Oil and gas assets are depreciated over a seven-year period. Equipment and tangible completion expenses generally account for 25% to 40% of the total well cost.
5. Oil and gas depletion allowance permits investors to shelter 15% of a well’s annual production from income tax. This deduction will typically shelter 15% of the well’s annual production from income tax – a significant tax saving.
6. Lease operating expenses are deductible in the year they’re incurred without alternative minimum tax consequences.

For a deeper dive into these tax benefits, check out this resource.

Tips for investors new to investing in oil and gas

Investing in an oil and gas project can be low risk and high reward. Of course, you should evaluate any investment carefully and approach any opportunity with caution. But now is an opportune time to invest in a tangible asset that offers many tax benefits, including tax write-offs, consistent cash flow, and a great ROI.

Indeed, secondary oil recovery stands out as a superior option compared to traditional investment vehicles like stocks, real estate, and cryptocurrency, which are more susceptible to market fluctuations. For example, despite a challenging political climate in 2023, Wheeler’s team celebrated an award-winning and successful year for our investors in which we continued to innovate and expand to generate even more opportunities.

In conclusion, the outlook for the oil and gas industry is incredibly optimistic. Nonetheless, it’s important to recognize that the tax advantages associated with any investments made this year may not persist into 2025. This underscored the importance of prioritizing oil and gas investment as a key part of your financial objectives this tax year.

To learn more or find out if investing in oil and gas is right for you, contact us now for a free consultation.

The post <strong>Wheeler Radio Tour Draws Huge Audience, Sheds Light on Tax Benefits in Oil & Gas Investments</strong> appeared first on Wheeler Resource Recovery.

2023 milestones

In 2023, several key business developments set the stage for our success. The addition of four successful drilling packages, including single well opportunities in tight and challenging locations, marked a noteworthy achievement. Our strategic collaboration with a highly responsive drilling company further enhanced our operational efficiency. Moreover, our long-term investments in the oil field, particularly through injections of the formation, ensured greater production volumes across both early wells and our most recent endeavors.

Amidst industry developments, the high gas prices in 2023 presented a substantial return on investment for our valued investors. Unlike many companies constrained by governmental regulations, we, as a private entity on private land, leveraged these favorable conditions to maximize opportunities for growth and success. To put that into perspective, projections from our Madison County, Texas field development project forecast a staggering $610M in revenue from our oil sales.

Our team’s resilience and dedication were evident in overcoming adversity throughout the year. Despite a challenging political climate, our superiority over traditional investment vehicles such as commercial real estate, stocks, bonds, cryptocurrencies, and precious metals was substantial. The team’s ability to adapt to extreme weather conditions, including scorching summer temperatures and an extended rainy season, showcased our commitment to delivering results for our investors.

Clear skies ahead 

Looking ahead to 2024, the outlook for the oil and gas industry is incredibly optimistic. The resurgence of demand for gasoline, driven by the realities of winter and escalating energy prices due to geopolitical factors, positions oil as a favorable haven for investment capital. The convergence of these circumstances creates a perfect storm, affirming our confidence in the prosperous path that lies ahead.

As we close out the year, we encourage accredited investors to consider the significant tax benefits associated with oil and gas investments. The time to capitalize on the promising opportunities of 2024 is now, as finalizing investments before December 31st –  which marks the end of the 2023 tax year – offers strategic advantages. Read more about the tax benefits here, and reach out if you’re interested in learning more. 

In closing, we extend our warm wishes for a prosperous year to our valued clients and wish a peaceful and Merry Christmas to all. Thank you for being part of our journey at Wheeler Resource Recovery, where success knows no bounds.

The post A SUCCESSFUL 2023 FOR WHEELER RESOURCE RECOVERY AND OUR INVESTORS appeared first on Wheeler Resource Recovery.

Kevin joined News-Talk 1380 WAOK, CBS News Radio affiliate, in Atlanta and NPR affiliate, Issues Radio Today, and to discuss this. Listen to Kevin’s radio interviews below or contact us to discuss if an oil and gas investment is right for you as the deadline approaches.

News-Talk 1380 WAOK with Juandolyn Stokes

Live from Atlanta, News-Talk 1380 WAOK with Kevin Thibeau brings you more on how accredited investors can reap benefits from the tax code ahead this season’s tax deadline. They dive into predictions for oil and gas in years to come and why an oil and gas investment might be right for you. Listen HERE. 

Issues Today Radio with Bob Gourley 

Wheeler’s Kevin Thibeau joins Bob Gourley to discuss current prices and predictions for the oil and gas market, as well as what accredited investors should look for when considering an investment. Issues Today Radio is a nationally syndicated radio station and airs in over 30 states across the United States. 

The post RADIO TOUR: TAX SEASON DEADLINE APPROACHES ON DECEMBER 31ST appeared first on Wheeler Resource Recovery.

BENBROOK, Texas – (Dec. 5, 2023)– Wheeler Resource Recovery, a leader in secondary oil recovery in proven oil fields with over 50 years of experience, announced the breaking of ground on its fifteenth two-well package in its historically successful water flood project in Madison County, Texas.

The drilling of Well #15 marks the 15th of 27 total two well packages in the entire Madison County project. This field project is projected to extract over 17.5 million barrels of cumulative oil from secondary recovery. Wheeler’s proven success using its unique five-spot water recovery process has not only brought low risk, high reward to investors, but substantial tax deductibles.

Investing in an oil and gas project can offer unique tax benefits, including:

• 100% tax write off of intangible drilling costs (IDC) with a direct investment in oil & gas
• Tangible drilling costs (TDCs) – capitalized and depreciated over a 7-year period
• Intangible completion costs (ICCs) – deductible in the year they are incurred
• Depreciation of oil and gas assets – depreciated over a 7-year period
• Oil and gas depletion allowance – shelter 15% of the well’s annual production from income tax
• Lease operating expense oil and gas – tax deductible in the year they are incurred without AMT consequences

“On average our investors are writing off 85%-90% of their total investment the first year against any income earned,” said Kevin Thibeau, president of Wheeler Resource Recovery. “Beyond the promising returns for investors, our field projects come with a suite of tax benefits that make investing in oil and gas particularly appealing. With the 2023 tax season deadline approaching on December 31st, there has never been a more opportune moment to invest.”

Wheeler Resource Recovery invites accredited investors to join them in its venture, with opportunities available for participation in the drilling of Well #16 and subsequent projects. Contact Wheeler Resource Recovery to learn more.

About Wheeler Resource Recovery

Wheeler Resource Recovery is a leader in secondary oil recovery and is based in Benbrook, Texas. Since 1932, Wheeler has used its five-spot water recovery process to extract oil at a lower cost and lower risk than primarily oil recovery. The principal of Wheeler Resource Recovery, Kevin K. Thibeau, and his team have over 50 years of oil and gas and financial experience and continue to operate successful oil recovery projects by partnering with accredited investors throughout the United States.

The post WHEELER RESOURCE RECOVERY BREAKS GROUND ON WELL #15 IN MADISON COUNTY, TEXAS appeared first on Wheeler Resource Recovery.

With demand expected to remain high and supply low, prices will continue to rise which will make for a timely investment before the year’s end. Investing in an oil and gas project can offer unique tax benefits, including significant tax write-offs, consistent cash flow, and a great ROI. 

Click here to learn more about the top 6 oil and gas tax benefits you’ll want to take advantage of for the 2023 tax year.

The post 6 REASONS TO INVEST IN OIL & GAS THIS 2023 TAX YEAR appeared first on Wheeler Resource Recovery.

This summer, Principal of Wheeler Resource Recovery, JP Bolton was invited to join five prominent radio networks in Texas, North Dakota, Florida, and Pennsylvania to share the company’s expertise on oil and gas industry trends and bring attention to this pressing oil and gas investment opportunity.

For more insights, check out part 2 of this blog series below. If looking to invest in secondary oil recovery, contact us to learn more. 

Wheeler’s summer travel season radio media tour wraps up!

Prairie Public Broadcasting with Dave Thompson

Don’t miss out on this thought-provoking conversation with Prairie Public Broadcasting, a National Public Radio affiliate station, as JP Bolton dives into the economic fluctuations impacting oil and gas prices and why summer travel typically forces an upturn in the oil and gas market. Listen HERE. 

Florida News Network with Melissa Foxx

Since 1978, FNN has been a leading radio network in Florida, trusted for its comprehensive coverage. In this interview airing on all iHeart Radio stations across FL, JP Bolton, Principal of Wheeler Resource Recovery, unravels the misconceptions surrounding the oil and gas market. Tune in HERE.

The post The Summer Travel Season’s Influence on Oil & Gas Investments (Part 2) appeared first on Wheeler Resource Recovery.