our history
Harris Energy Group, LLC, is a fully-integrated oil production and management firm. The Harris family entered the oil and gas business almost 40 years ago when James L. Harris founded Grand Energy, Inc. in 1984. Grand Energy’s expertise in the areas of Geology, Engineering, Land, and Accounting were instrumental in the company’s development. The same skills are carried forward today by Harris Energy Group.
The Harris Energy Group management team has been part of operations in over 200 wells across the United States. The Harris family’s long-term relationships within the industry and strong financial principles of remaining debt-free are key to our company’s success.
OUR APPROACH
Harris Energy Group has chosen to focus its resources on developing proven undeveloped reserves in geographic areas with a high drilling success rate. Focusing on these productive oil and gas fields maximizes the potential for a successful venture, in addition to offering the significant tax benefits available to investors in oil and gas development programs.
Beginning with the investment documents and continuing throughout drilling and production operations, Harris Energy Group takes a comprehensive approach in all aspects of its investor correspondence and investor monthly production revenue statements.
TAX ADVANTAGES
When it comes to tax-advantaged investments for investors, oil and gas investments produce significant tax benefits with the backing of the U.S. Government. Domestic energy production offers a litany of tax benefits for investors who can offset “ordinary” or “passive” income sources.
The SEC requires investors for many oil and gas partnerships to be accredited, which means they must meet certain income and net worth requirements. For those who qualify, participation in an independent oil and gas project can give them just what they’re looking for.