Tradition Energy Helps E&P Company Save $1.5 Million in Annual Electricity Costs

Stamford, Connecticut, January 1, 2023 – Tradition Energy announces it has recently advised a private E&P company on an energy risk management strategy that resulted in a budget reduction of more than $1.5 million.

The E&P company, which holds the second largest land position in the Midland Basin with over 350,000 net acres under drilling management, sought Tradition Energy’s assistance just weeks before their existing power agreement was about to expire. This gave Tradition Energy professionals a tight timeline to gather and process account data for more than 1600 electricity meters and obtain pricing from the energy supplier marketplace.

Despite the time constraints, Tradition Energy’s pricing, client services, operations, and advisory teams worked diligently to prevent the client’s accounts from expiring, which would have led to a significant cost increase.

Contact

Scott Merrell, Senior Director, Marketing, 713-609-9922 Scott.Merrell@TraditionEnergy.com

About Tradition Energy

Tradition Energy is the nation’s largest independent energy risk management, procurement, and sustainability solutions advisor, serving over 1,300 commercial, industrial, and governmental clients ranging from Fortune 500 global companies to medium-sized businesses and local municipalities. Tradition Energy is part of the Tradition Group, ranked amongst the top 3 worldwide in financial products and commodities, with over 2,400 employees in 30 countries and publicly listed on the Swiss stock exchange (CFT). www.TraditionEnergy.com