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February 10, 2016 8:43 AM ET

Professional Services

Company Overview of Priority Power Management, LLC

Company Overview

Priority Power Management, LLC provides energy management and consulting services to large commercial, industrial, and government customers in the United States. The company offers energy management services in the areas of energy information, supply and risk management, demand-side management, and energy infrastructure solutions. It primarily manages the power requirements of oil and gas producers in Texas; and national pipeline companies. The company was founded in 2001 and is based in Midland, Texas with additional offices in Grand Prairie, Dallas/Fort Worth, Houston, and Abilene. As of May 25, 2006, Priority Power Management, LLC operates as a subsidiary of NEMA Properties, LLC.

310 West Wall Street

Suite 500

Midland, TX 79701

United States

Founded in 2001

Phone:

432-620-9100

Fax:

432-620-9145

Key Executives for Priority Power Management, LLC

Founder and Principal
Age: 55
Managing Principal
Age: 48
Director of Operations
Managing Director
Managing Director of Houston Region
Compensation as of Fiscal Year 2015.

Priority Power Management, LLC Key Developments

Priority Power Management, LLC Secures Electrical Infrastructure and Services Agreement with Lucid Energy WesTex, LLC

Priority Power Management, LLC (PPM) has entered into an agreement with Lucid Energy WesTex, LLC to build, own, operate and maintain a 1.4-mile 138 kV transmission line and a 138 kV/25 kV 66//122 MVA high voltage substation and lease the Project Facility to Lucid for its exclusive use. PPM Project Facility provides the electrical capacity needed to meet Lucid initial and future electrical demands at its new 200 million cubic feet per day (MMcf/d) cryogenic processing plant located 10 miles southeast of the town of Big Lake, Reagan County, Texas, in the heart of the Permian Midland Basin. The Project Facility was completed and commercial operations began May 1, 2015. Under the terms of the agreement, PPM was responsible for the design, engineering, equipment procurement, construction, testing and commissioning of the Project Facility, as well as ongoing operations and maintenance. PPM also interfaced with the electric utility company and coordinated the 138 kV interconnection of the Project facility.

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