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E&P Company Saves $1.5 Million in Annual Electricity Costs With Tradition Energy

Stamford, Connecticut, May 20, 2021 – 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. With over 350,000 net acres under drilling management, the firm holds the second largest land position in the Midland Basin.

Hired by the oil and gas producer just weeks before their existing power agreement was set to expire, Tradition professionals had to work quickly to gather and process account data for more than 1600 electricity meters and solicit pricing from the energy supplier marketplace.

“The Tradition Energy pricing, client services, operations, and advisory team put forth a herculean effort of speed and efficiency to prevent the client’s accounts from expiring and dramatically increasing their costs,” said Alan Kurzer, CEO, Tradition Energy. “We pride ourselves on delivering a premier client experience, and all of these results delivered on that promise.”

Contact

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

About Tradition Energy
Tradition Energy is the nation’s largest and most experienced independent energy risk management and procurement advisor, serving more than 1,300 commercial, industrial, and governmental clients ranging from Fortune 500 global companies to medium-sized businesses to local municipalities. Tradition Energy is part of the Tradition Group, a leading global institutional broker of financial and commodity products. Tradition employs over 2,300 people in 30 countries around the world and is publicly listed on the Swiss stock exchange (CFT). www.TraditionEnergy.com