For load that moves with the rig schedule, on a meter portfolio that never sits still.
Your load moves with the work. Rigs, pumps, and service equipment draw power at sites that change as projects start and finish, so your meter portfolio is never the same twice. A contract built for a fixed facility misreads load that relocates and scales with the drilling schedule.
We build procurement and hedging around project-based load that moves, and manage the meter portfolio as it changes underneath you.
Run procurement across a shifting, project-based meter portfolio
Structure hedging around variable, schedule-driven load
Recover sales-and-use tax exemptions on qualifying operational load
Add and retire meters as projects start and finish
Manage demand charges on drilling and service equipment
How do oilfield services companies manage energy costs across changing job sites? Service and drilling load relocates as projects begin and end, so the meter portfolio is never fixed. The best approach runs procurement across the full portfolio and adds or retires meters as the work moves. 5 handles it as one advisory relationship rather than a contract per site.
Why does project-based load need a different energy strategy? Load that scales and relocates with the drilling schedule doesn't fit a contract built for a fixed facility. Procurement and hedging built around a moving, variable portfolio fit it better. 5 builds the strategy around how your work actually schedules.
Can drilling and service operations qualify for tax exemptions? In many states, electricity and gas used directly in qualifying operations are exempt from sales-and-use tax, subject to state rules and how the load is metered. 5 reviews your load and recovers the exemption where you're eligible.
Does 5 handle both electricity and natural gas for oilfield operations? Yes. 5 runs procurement for both electricity and natural gas, and builds a combined strategy where you carry meaningful load in each.