Tel Offshore Trust

919 Congress Ave
Austin, TX, 78701-2102  United States
(512) 236-6599
Company Type: Public Independent

TEL Offshore Trust tells it like it is. There is money in oil and gas. The trust is a passive entity formed to distribute revenues received from TEL Offshore Trust Partnership. The partnership has interests in four major properties in the Gulf of Mexico. Chevron, the managing general partner, operates most of the properties. TEL Offshore Trust's properties have proved reserves of about 137,500 barrels of oil and more than 869 million cu. ft. of natural gas. The trust is set to close down when estimated future revenues from partnership properties fall below $2 million.

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  •  SALES (MIL USD) 1.88
  • Incorporated 1983

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