Texas Allied Petroleum – A Role Model for Other E&Ps
Writing the entire list of accomplishments that a company like Texas Allied Petroleum managed to pack in such a few years will easily take up the whole page because that is just how successful TAP had come to be. What is even more impressive, however, is the local support that it has garnered everywhere it goes. TAP may be headquartered in Austin, Texas but that hasn’t stopped the company from exploring other states for possible oil production. Indeed, they were able to make sizeable investments in states such as Louisiana, Oklahoma, Kansas, and Wyoming. All of those fields had begun producing oil and in extremely impressive rates at that. Yet what will make many of its competitors raise their eyebrows in incredulity is how locals seem to welcome the presence of TAP in their midst.
Throughout the history of energy industries here in the United States and abroad, oil E&P companies are often painted as the bad guys. People think of them frequently as villains because they are earning so much and yet giving back so little. If one is to look at the list of the most philanthropic companies in the past years, many of the donations are from IT and retail companies like Microsoft and Warren Buffet’s firm. Rarely will one find the name of an E&P company in the list. Yet slowly but surely, Texas Allied Petroleum is changing the way people see the industry it is in. While TAP certainly has no influence to exercise over its competitors, it can at least lead by example and prove to other E&P companies that they can still earn a profit without being extremely selfish and guarded about their interests.
Texas Allied Petroleum, for example, did its best to prevent its fields in Oklahoma from spoiling the natural landscape that surrounded them. Oklahoma is not the richest state in the world and much of its population depend greatly on agriculture or on livelihoods that required unspoiled natural resources. TAP is more than aware of this and does its best to prevent any of its operations from harming the livelihoods of locals. They also do their best to use their operations to provide both temporary and permanent job opportunities.
Lastly, humility is a value that one will rarely witness in other E&P companies but one that is practiced so well by TAP. At such a young age, TAP was able to accomplish so many things that not many older companies were able to achieve .Yet TAP has never been the type to toot its own horn, and its executive management is determined for TAP to stay that way. In their organizational culture, more focus is made on continuing to improve and never becoming complacent.
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