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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Important Events That Have Taken Place In History on March 8th: 1910 – French aviator Raymonde de Laroche becomes the 1st woman to receive a pilot’s license. 1917 – International Women’s Day protests in Petrograd, Russia, marking the beginning of the Women’s Revolution. 1917 – The United States Senate votes to limit filibusters by adopting the cloture rule. 1921 –…