Energy procurement for upstream and exploration operators

Procurement and hedging built for scattered wellsite load, variable production, and qualifying tax exemptions.

Upstream load is spread across dozens or hundreds of wellsites, pumping and artificial lift running continuously, meters scattered across a basin. Production varies, prices vary, and the electricity feeding your pumps rides the same market you're selling into. A single blanket contract rarely fits load that's this distributed.

5 runs procurement across the whole meter count and prices hedging around how your production and the market actually move. Where your consumed load qualifies for tax exemption, we recover it.

How we help

• Run competitive procurement across high-meter-count wellsite portfolios

• Structure hedging around production variability and price swings

• Recover sales-and-use tax exemptions on qualifying production load

• Add and price load for new wells and field expansion

• Manage demand charges on pumping and artificial lift
  
  

Frequently asked questions

How do oil and gas producers manage electricity costs across many wellsites? Distributed wellsite load means hundreds of meters under one operator, each drawing continuous power for pumping and lift. The most effective approach is competitive procurement across the full meter portfolio rather than site by site, paired with demand-charge management. 5 runs this as a single portfolio.

Can upstream production load qualify for tax exemption? Often, yes. Many states exempt electricity and gas consumed directly in production from sales-and-use tax, though the rules and metering requirements vary. 5 reviews qualifying wellsite load and recovers the exemption where an operation is eligible.

Why does production variability matter for an energy contract? When output and consumption swing, a contract priced on a flat assumption can leave you over- or under-committed. Hedging structured around real production patterns manages that exposure. 5 builds the structure around how your field actually produces.

Does 5 work across the markets where we operate? 5 operates across deregulated markets including ERCOT (Texas), PJM (Mid-Atlantic), NYISO (New York), ISO-NE (New England), MISO (Midwest), CAISO (California), and SPP (Central). Where your wellsites buy power or gas in a deregulated market, competitive procurement is available.