A Salute To Oilfield Workers Everything humans use that isn’t consumable, comes from mining or drilling. Everything we use is a commodity. To get coal we mine it. To get gold they mine it. To get water they drill for it. To get oil they drill for it. Oil is a worldwide commodity that is crucial to everyday life. Millions…
30 Little Known Oil & Gas Industry Definitions and Phrases: 1. Developmental wells can be referred to as infield wells 2. Step outs: wells in close proximity to proven producers 3. Dry holes: dusties or dusters 4. Book value: the value of a well, field, rig/equipment 5. Bunk house: portable housing on a well site for the crew to live…
How To Pick An Oil & Gas Company To Invest With: 1. Find out how long the company you’re considering working with has been in business. you are going to invest with has been in business. If the company you want to invest with has no proven track record why would you invest your hard earned money with them? If…
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