Hangar Talk August 2025: Houston, Tempe, and the 2025 Oil & Gas Fund Explained

Tait Duryea and the Turbine Capital team break down key investor updates, starting with the fast-approaching August 15th subscription deadline for the Houston storage deal. Hear about Azara Tempe, a 56-unit multifamily near ASU with strong occupancy, solid returns, and significant depreciation benefits. Then meet Mark Fleming, Turbine Capital’s new oil and gas advisor, as he outlines the reduced risk, upfront cash flow, and 80–85% W-2 tax benefits of the upcoming 2025 Oil & Gas Fund. Mark Fleming is a petroleum engineer with over 20 years of experience at Chevron, Hess, and in the financial sector evaluating oil and gas portfolios. Specializing in unconventional assets, Mark has advised on drilling programs across major U.S. basins. Now serving on Turbine Capital’s advisory board, he ensures the firm’s oil and gas acquisitions meet rigorous technical and economic standards.Show notes:(0:00) Intro(1:33) Annual shareholder event details(4:41) Oil & gas deal timeline and intro to Mark Fleving(10:57) Expected cash flow ramp and well decline curves(13:25) How diversification across wells reduces risk(16:23) Why oil & gas offers rare W-2 tax offsets(19:12) How modern drilling tech lowers risk(21:27) Tax benefit ranges and conservatism(25:57) Well life expectancy and hold strategyHelpful Links:Annual Shareholder Event Registration Link: https://us02web.zoom.us/webinar/register/WN_UARDy1xgQI6m8irPBIBNKg#/registrationTurbine Capital Private Podcast:Spotify: https://open.spotify.com/show/0IWgXJwFJY1Xiw13SfuCnZ?si=87be61dfe5fb415dApple: https://podcasts.apple.com/us/podcast/turbine-capital-private-podcast/id1831346026Mark Fleming: https://www.linkedin.com/in/mark-e-fleming/Mark Fleming Oil and Gas Recommended Reading:Fossil Future – A.EpsteinThe Prize – Daniel YerginLiberty Energy Website – Bettering Human Lives (by Chris Wright, Secretary of Energy)Tax Benefits of Oil & Gas eBook:https://www.turbinecap.com/oil-and-gas-ebookNew upcoming deal Turbine Capital is about to launch - Azara: https://turbinecap.investnext.com/portal/offerings/8718/azara-tempe/Houston Storage:https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/Passive Income Pilots Episode 119 - Asset protection through LLC or Trustshttps://open.spotify.com/episode/3Ykx90A3PuDuUPAypw2LxG?si=c4328bcc484b4423https://podcasts.apple.com/us/podcast/passive-income-pilots/id1675913577?i=1000717765661Book a call Adam Knightly - https://nchinc.com/about-us/our-experts/adam-kintighIf you have any questions, please feel free to email [email protected] more about Turbine Capital: Website: https://www.turbinecap.comFacebook: https://www.facebook.com/turbinecapInstagram: https://instagram.com/turbinecapitalThe information discussed in this episode is for informational and educational purposes only and should not be considered investment, tax, or legal advice. Nothing discussed in this episode constitutes an offer to sell or a solicitation of an offer to buy any securities. Any opinions expressed are those of the participants at the time of recording and are subject to change without notice. Investments discussed may not be suitable for all investors and involve risk, including the potential loss of principal. Past performance is not indicative of future results. Prospective investors should review all applicable offering documents and consult with their own financial, tax, and legal advisors before making any investment decision.