Where are Celero Energy's offices and operational hubs located?
Celero operates three regional hubs across Texas and Louisiana:
• Operating HQ: 400 W Illinois Ste 1300, Midland, TX 79701 (Subsurface engineering, drilling, field routing, wellhead supervision).
• Operations Office: 137 Northpark BLVD, Covington, LA, 70433 (Regional pipeline logistics, regulatory filings, environmental coordination).
• Fund Manager HQ: 301 Commerce Street, Suite 2001, Fort Worth, TX 76102 (Capital management, accounting, LP relations).
Our primary field assets span Winkler, Ward, Crane, Andrews, and Ector Counties in the Permian Basin.
• Operating HQ: 400 W Illinois Ste 1300, Midland, TX 79701 (Subsurface engineering, drilling, field routing, wellhead supervision).
• Operations Office: 137 Northpark BLVD, Covington, LA, 70433 (Regional pipeline logistics, regulatory filings, environmental coordination).
• Fund Manager HQ: 301 Commerce Street, Suite 2001, Fort Worth, TX 76102 (Capital management, accounting, LP relations).
Our primary field assets span Winkler, Ward, Crane, Andrews, and Ector Counties in the Permian Basin.
How can I contact Celero Energy directly for general inquiries?
You can reach our main switchboard directly at +1 (432) 695-4878 during regular business hours (8:00 AM – 5:00 PM CST), or submit an inquiry through our Contact Portal.
What does Celero's Pipeline Network comprise?
Our pipeline operations include over 480 miles of steel crude gathering lines, 310 miles of low-pressure natural gas gathering lines, 190 miles of high-pressure produced water disposal and recycling distribution loops, and a proprietary 18.1-mile, 2,150 psi supercritical CO2 trunkline connecting the McCamey regional hub directly to our San Andres EOR flood units.
What role does the Covington, LA Operations Office serve?
Our Covington, LA office (137 Northpark BLVD, Covington, LA, 70433) manages regional midstream logistics, interstate pipeline coordination, downstream refinery interconnection agreements with Gulf Coast terminals, and regulatory compliance filings under PHMSA, FERC, and Louisiana DEQ.
How does Celero monitor pipeline integrity and prevent leaks?
Celero employs a multi-tiered pipeline safety management system (API 1173 compliant):
• 24/7/365 SCADA Telemetry: Real-time automated leak detection using high-frequency pressure wave and mass-balance algorithms.
• Remote Actuation: 100% of pipeline mainline block valves are equipped with automated emergency shutdown (ESD) actuators closing in under 45 seconds.
• Inline Inspection (ILI): Regular ultrasonic and magnetic flux leakage (MFL) "smart pig" runs to detect corrosion or metal loss before wall thickness is compromised.
• Aerial & Ground Patrols: Bi-weekly visual inspections and high-resolution LiDAR drone sweeps along rights-of-way.
• 24/7/365 SCADA Telemetry: Real-time automated leak detection using high-frequency pressure wave and mass-balance algorithms.
• Remote Actuation: 100% of pipeline mainline block valves are equipped with automated emergency shutdown (ESD) actuators closing in under 45 seconds.
• Inline Inspection (ILI): Regular ultrasonic and magnetic flux leakage (MFL) "smart pig" runs to detect corrosion or metal loss before wall thickness is compromised.
• Aerial & Ground Patrols: Bi-weekly visual inspections and high-resolution LiDAR drone sweeps along rights-of-way.
What is the size and vintage of the Celero Energy fund?
Celero Energy is a $1B institutional private equity fund established in 2006, focusing on Real Assets and Natural Resources in the upstream, EOR, and midstream infrastructure sectors.
How can I access the LP Benchmark reports and K-1 tax forms?
Authorized institutional partners can access quarterly reporting, capital call notices, distribution notices, and Schedule K-1 tax packages via the Secure LP Portal on the Investors page using their account credentials and two-factor authentication.
Who conducts Celero's independent engineering reserves audits?
All reserve estimates and evaluations are audited independently by Netherland, Sewell & Associates, Inc. (NSAI), adhering to the highest standards of the Society of Petroleum Engineers Petroleum Resources Management System (SPE-PRMS) and SEC guidelines. As of our latest audit, Celero manages 94.2M BOE in proved reserves.
How can mineral royalty owners contact the revenue department?
Royalty owner inquiries can be submitted via the contact form on our website, by phone at +1 (432) 695-4878, or by writing directly to our Midland office:
Celero Energy, L.P.
Attn: Division Order / Revenue Accounting
400 W Illinois Ste 1300
Midland, TX 79701
Celero Energy, L.P.
Attn: Division Order / Revenue Accounting
400 W Illinois Ste 1300
Midland, TX 79701
When are royalty checks distributed each month?
Royalty payments are processed and issued on or before the 20th of each month, provided your account balance meets or exceeds the minimum statutory distribution threshold of $100 (or annually if below this threshold).
What documentation is required for change of ownership or address?
• Address Change: A signed, written request or completed Change of Address form containing your Owner Number, Social Security / Tax ID number, old address, and new address.
• Change of Ownership: A recorded copy of the conveyance document (deed, assignment, or probate decree) filed in the county where the producing acreage is situated, along with a completed W-9 form.
• Change of Ownership: A recorded copy of the conveyance document (deed, assignment, or probate decree) filed in the county where the producing acreage is situated, along with a completed W-9 form.
How do I sign up for Direct Deposit (ACH)?
To enroll in electronic direct deposit, contact our revenue accounting department to receive our standard ACH Authorization Form. Enclose a voided check and submit it via secure upload or certified mail to our Midland operating address.
How does Celero Energy manage secondary and tertiary recovery?
Through disciplined waterflood pattern management and targeted CO2 injection infrastructure across our legacy Central Basin Platform carbonate fields. By lowering oil viscosity and restoring reservoir pressures, we sustain economic production for decades with low decline rates and reduced environmental footprint.
What are your ESG and environmental safety protocols?
We enforce a zero-harm workplace mandate, strictly comply with OSHA and Texas Railroad Commission regulations, utilize 100% closed-loop fluid separation systems for spill prevention, and recycle over 98.4% of all produced water through our centralized West Texas facilities.
What is Celero's current safety track record?
Celero has achieved over 1,200,000 consecutive employee work-hours without a Lost Time Incident (LTI) and maintains a Total Recordable Incident Rate (TRIR) of 0.28, well below the national upstream energy industry average.