Several decades ago, companies were only interested in drilling for oil. The price of natural gas was so low that companies would actually lose money if they tried to produce it. If they found natural gas, they would just burn it off. Now, with natural gas prices at anywhere from $2 to $15 per thousand cubic feet over the last…
Over the past several years, oil prices had been averaging between $80 – $110 per barrel. The higher oil prices led to increased exploration and development efforts, which then lead to an oversupply in the market. The oversupply in the market caused prices to drop. The recent lower price range of between $45 – $60 per barrel has led to…
Google AdSense Advertising Blending: Many successful Google AdSense publishers will tell you that their websites and/or blogs generated more income when they took the time to blend their units into their pages. Google AdSense advertisement blending is somewhat of an art. The vast majority of internet users have conditioned themselves not to click on anything that resembles obvious Google AdSense…
Helpful Oil & Gas Industry Terms: Boomtown: A town that has grown very rapidly as a result of sudden economic development, such as the establishment of oil fields Drilling rig: A machine that creates holes in the ground Gusher: An oil well with a strong flow of oil Natural Resources: Materials in the environment that are useful to people Prospector:…
Every single person in the world knows what oil is. Around the world they use different names for oil but everyone knows what oil is. The world needs oil so badly. Oil is as good as money in many places in the world. Smart investors are looking into oil and gas investing because oil and gas investing can be so…
Oil is considered to be the most useful and valuable non edible commodity in the world. Oil has short-term and long-term investment options. Oil is used to transport more people and products than any other fuel. Oil is used in more products than any other commodity in the world. Opportunities don’t get any bigger than the one in oil right…
Right now, quality oil opportunities are selling for a massive discount compared to their true value and it’s creating tremendous investment opportunities for long-term value investors. Long-term buy and hold investors are likely to reap substantial rewards from buying in right now. The ability to buy into oil projects with proven partners, in proven fields, at massive discounts compared to…
The oil and gas industry utilizes several different strategies to access potential reserves underneath the ground. Here’s a list of each project type, ranked in descending order from the highest to the lowest risk. Project Type Definitions: Wildcat – The process of drilling for oil and/or natural gas in an unproven area. Develocat – The process of drilling for oil…