WRI Permian 1
The Permian Development Portfolio — A Non-Operated Working-Interest Venture
A private placement offering direct working-interest participation across five institutionally operated development projects in the Midland and Delaware Basins — without the burden of operating a single well.
Why Non-Operated
Own the Upside. Skip the Operations.
Working-interest participation, structured for investors who want direct exposure to Permian production economics — without running field operations themselves.
Institutional Access Without Operating a Well
You participate directly in working-interest economics alongside major operators — with none of the field staffing, permitting, or day-to-day operating burden.
Independent Engineering Underwriting
Every well is underwritten using the MIDAS methodology — an independent reservoir-engineering standard that grounds projections in production data, not promotional estimates.
Diversified Across Five Projects, Four Operators
Your capital is spread across five development projects run by four different institutional operators — reducing single-well and single-operator concentration risk.
"Direct working-interest exposure, underwritten to institutional standards — without ever touching an operating decision."
Dalton J. Ortiz — Founder & Managing Partner, Warrior Race Investments
Why WRI
What a Typical Non-Op Sponsor Doesn't Show You
Across the non-operated working-interest category, fee terms, engineering, and track records are often left vague. WRI is built to be checked, not just trusted.
Where We Drill
Midland & Delaware Basins, Texas
WRI Permian 1 concentrates capital in proven development counties across two of the most active basins in North America — operated by five of the industry's most disciplined institutional operators.
Midland & Delaware Basins — Loving, Reeves, and Glasscock counties, Texas. Operated by ConocoPhillips, Mewbourne, Exxon (XTO)/Pioneer, and SM Energy/Civitas.
Tax-Advantaged Structure
Structured for Meaningful Tax Efficiency
Estimated first-year offset of 70–90% of invested capital. WRI is not a tax advisor; consult your own tax professional regarding your specific circumstances.
Managing Venturer
Dalton J. Ortiz is Founder & Managing Partner of Warrior Race Investments, directing strategy, deal selection, and capital formation. He has helped raise $100M+ across 1,000+ wells, sourcing non-operated working-interest opportunities in the Permian and DJ Basins.
Deal Structure
Offering Mechanics
Confidential · Accredited Investors Only
Request the Investment Deck
Full underwriting detail, project-level economics, and offering documents are available to accredited investors upon request.