A conventional, producing oilfield in New Mexico's San Juan Basin — developed with modern horizontal drilling, USCIS-approved, and structured around real assets.
Project Overview
A proven, producing oilfield
The Gallup Oilfield is an established field in New Mexico's San Juan Basin, where oil has been produced since 1958. Unlike exploration projects, the presence of oil here is already confirmed — the field is actively producing. The development applies modern horizontal drilling to recover reserves that older vertical wells were unable to reach.
128 wells have been drilled on this field since 1958, and 40 are active today. This EB-5 project develops 28 of them, in phases. Beyond this program, the deep Paradox formation could accommodate roughly 58 further horizontal wells.
128
Existing Wells
40
Active Wells Today
28
Wells In This EB-5 Project
41.79M
Barrels Recoverable
In plain terms: The single biggest risk in oil investing is "what if there's no oil?" Here, that question is largely answered — the field is already producing. Our work is to recover the oil that older wells left behind, using modern horizontal drilling.
Project Strengths
What sets this project apart
Proven reserves
A field producing since 1958 with substantial remaining reserves — development targets known oil rather than unproven ground.
Efficient development
Each well is a short-cycle job — roughly four weeks, using horizontal drilling with geosteering to stay inside the oil-bearing rock. About $2.5 million a well.
Strong job creation
Modelled at 14 qualifying jobs per investor against the 10 the EB-5 program requires — a 40% cushion. Prepared by Evans, Carroll & Associates, Inc. using the U.S. Bureau of Economic Analysis RIMS II model.
Approved & compliant
USCIS I-956F approved and operated under a designated regional center, with professional oversight throughout.
Targeted Employment Area
A TEA-qualified project
A Targeted Employment Area (TEA) is a location the U.S. government has identified as needing jobs and investment. This project sits in a high-unemployment TEA — Census Tract 9428.01, where unemployment runs at 15.9% against a national average of 5.2%. That carries two meaningful advantages for EB-5 investors.
Reduced investment threshold
TEA projects qualify for the lower US$800,000 minimum investment.
Reserved visa allocation
A portion of EB-5 visas is set aside each year for TEA projects.
Investment Structure
How the project is structured
The project is structured as a loan. Investors subscribe to Greenland Global LP, which lends the pooled capital to the field operator to restore and complete wells. You hold a limited partnership interest — not shares, and not an interest in any individual well.
Phase One — open now
Phase One funds 9 wells and is open for subscription now. Work begins as capital arrives; nothing waits for a later phase to close.
Later phases
Further phases follow, adding more restored wells and, later, new deep wells — each supported by production already underway.
Loan-Based Structure
Repayment comes from oil produced and sold, not from selling the field or refinancing it. No senior bank loan ranks ahead of the EB-5 capital. Quarterly statements begin once production begins.
Oversight & Transparency
Managed with professional oversight
Segregated capital
Investor funds are held in a separate account used exclusively for EB-5 capital, sponsored by a USCIS-designated regional center.
Third-party fund administration
A third-party fund administrator co-signs the partnership's bank account and oversees disbursements, as required by the 2022 EB-5 Reform and Integrity Act.
Regular reporting
Investors receive quarterly and annual financial statements plus updates on project progress.
Responsible Development
Developed responsibly
Local hiring priority
No wastewater or flaring; EPA compliant
Land reserved for future carbon capture (CCS)
Economic support & training for local Native communities
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Our team can walk you through the full project details, step by step.