FHE Pipeline & Development, Inc is a private energy firm engaged in acquisitions, exploration, development and production
of natural gas and crude oil as well as transportation and gathering. We work in development oil and gas fields mostly in North Texas and Eastern Tennessee. The Barnett
Shale or otherwise known as the Ft. Worth Basin is the primary area that we are actively involved in. This gigantic
gas field covers a little more than 5-7 counties including (Wise, Tarrant, Cooke, Johnson, Montague, Denton, and Parker).
We are also interested in the Chatanooga Shale formation located in the Cumberland Plateau, which our direct area of interest is Morgan County, and is one of the 3 largest producing counties in Tennessee. We focus on generating our investors
energy portfolios slowly and conservatively as possible. The goal for our company is steady revenue growth and lowering
tax liabilities. We feel we can do this off of credible oil and gas fields and consistent activity. We prospect areas
that should average 2-4 year payouts with over 2,000 successful wells in surrounding leases to collect data from.
Our leases average 10-20 years production
time.
The Company program wells are operated by
third party companies that have been
carefully selected for their field
experience, professionalism and integrity.
All of the Company's operators have a vested
working interest in program wells for added
assurance that the wells are operated
prudently. The Company is very efficient in
selecting, acquiring and developing oil and
gas properties. The combined production
expenses, drilling and completing costs, general administrative
and selling expenses are among the lowest in the Company's peer group of
small independent oil and gas exploration and production companies.