Promethean Energy
Portfolio Control Tower
4 active task orders · 1 startup · BSEE Gulf of Mexico · $67.6M tracked · Updated May 31, 2026
2026 risked revenue
of $67.6M portfolio · 68 wells across 8 projects
Decom Forecast
Portfolio margin (forecast)
≈20%
TO-7: 2 views disagreeby project below · bid 17–18% · 1 project in conflict
Financial Outlooks
Billing this period
GI 22 R $800K + GI 22 P $637K milestones · CO6 $579K approved (TO-6)
Milestones
Open exceptions
7
2 high · 4 medium · 1 low · spanning 3 projects
1 new
Reconciliation
Min cash position (2026)
+$2.1M
tightest point ~Aug · driven by milestone-payment timing
Cash-flow model
What needs attention
Risks and decisions, ordered by business impact
HIGH·Cash & BillingTO-6
$579K approved (CO6) not yet invoiced — cash on the table
Decision: Assemble the billing pack and invoice; the close-out milestone evidence is still pending.
F-01·Owner: Project / Finance·
$579K
to bill
·
HIGH·MarginTO-7
TO-7 margin is unverified — two views differ by ~4 pts (~$1.5M revenue)
Decision: Declare the number of record before it goes to the board or BSEE.
F-02·Owner: CFO / Finance·
~$1.5M
rev gap
·
HIGH·Bid & CommercialTO-8
TO-8 bid pricing is built on a broken rate card
Decision: Validate the rate card before the next award — risk of mispricing ~$10M of work.
F-03·Owner: S. Louis / Commercial·
$10.2M
bid at risk
·
MEDIUM·Bid & CommercialTO-7
BSEE is adding a well to TO-7 (RFQ pending)
Decision: Confirm the pricing, schedule and budget impact of the added scope.
F-04·Owner: Commercial / PM·
+1 well
new scope
·
MEDIUM·Schedule → CashTO-7
Cash-flow forecast is keyed to an out-of-date schedule
Decision: Refresh the model's schedule — milestone-payment timing (the cash chart) is currently wrong.
F-05·Owner: Danny Turner / Ops·
cash timing
·
F-06Data trust· Tower auto-flagged · Owner: Bolo / Brian
6 reconciliation issues caught and being kept honest
Active portfolio
Projects, status & money — one line each
Committed $44.3M·Pipeline $23.4M·Tracked $67.6M·Risked into 2026 $25.5M
ProjectPhaseLatest update (from DPR)AFEMargin (current / bid)Attention
Pipeline — pursuing (not yet awarded)
Exxon (ST & GI)
Pursuing · 17 wells
Bid submitted
future revenue · not in 2026 risked
$14.6M
—
—
Chevron (WD29 C,H,J)
Pursuing · 10 wells
Pre-bid
future revenue · not in 2026 risked
$8.54M
—
—
Crescent MC268A
Pursuing · 1 plat wells
Scoping
future revenue · not in 2026 risked
$294K
—
—
Latest update is live for TO-7; others are placeholders until their DPRs are connected. Only TO-7 has live actuals; other margins are bid/forecast until their financial outlooks are connected.
red = a decision is waiting· amber = monitor·no dot = on track