5605 N. MacArthur Blvd., Suite #860
Irving, Texas 75038
(972) 550-4822
(214) 616-3832
(214) 614-4764
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Why Oil and Gas?

Oil and natural gas, the source of more than 65% or our nation’s energy supply, has a significant effect on almost everything we do.  It heats our homes, fuels our cars, and cooks our food.  We Americans consume 20.68 million barrels of oil and 653 billion cubic meters of natural gas every day, by far the world’s leader.

Fortunately, we have the ability and resources to produce it.  Unfortunately, it’s not that easy.  Recognizing the inherent risks, our government grants extremely favorable tax deductions for operators and investors including intangible drilling costs (100% of which can be deducted in the year the well is drilled, which is typicall up to 85% of the total drilling costs), tangible drilling costs (the balance of the drilling costs depreciated over a 7-year period), and depletion allowances. 

It is the best tax advantaged investment in the market today.

Why Now?

In 1970, the annual average domestic crude oil price was $3.39 a barrel.  In 1985, it averaged $26.92.  In 2000, it hit $27.39.  Last year, it reached an all-time high of $91.48.
 
While the U.S. consumes 20.68 million barrels of oil a day, we only produce 8.5 million barrels.  In fact, 2007 marked the first year in history that world-wide oil supply undershot worldwide demand (by 5%).  Many analysts predict that trend will continue which means even higher oil prices in the future.  Some have even suggested that by 2025, there will be as much as a 25 billion barrel a day shortfall between demand and supply.

In addition, advances in geological and geophysical testing and analysis in combination with oil field technology advances and efficiency makes drilling for oil less risky and more profitable than ever.

Why Couch?

It’s not enough to recognize the need and desirability to drill for oil, you have to possess the expertise and experience to make it happen.

Couch Oil & Gas is a proven, experienced, innovative, hands-on oil and gas exploration company who has not only been highly successful in the past but has ambitious plans for even greater results in the future.

Low drilling and operating costs - Long-term, high producing fields - Experienced and expert management - Proven track record - Outstanding character  State-of-the-industry geological and geophysical analysis - Visionary exploration strategy