Crude & Condensate Marketing for Producers
VP Ventures buys crude oil, condensate and NGLs directly from producers and markets the barrel onward to domestic and international buyers. A producer's job ends at the wellhead. The barrel still has to be gathered, moved, priced against a market it may be a long way from, and sold to someone who wants that grade. One outlet handles the commercial terms, the transport and the price exposure instead of three.
One commercial outlet
Producer marketing combines the commercial terms, transportation, pricing basis, and buyer relationship in one arrangement. That can simplify a barrel that otherwise needs separate decisions for gathering, movement, market exposure, and final sale.
Domestic and international markets
VP Ventures markets eligible crude, condensate, and NGL production to domestic and international buyers. The right outlet depends on grade, volume, terminal access, transport economics, and the basis against which the barrel should be priced.