Having reliable information sources to turn to when you need information is so important, not only in the world of oil and gas, but in all areas of life. The following websites are the best sources in each important area of the oil and gas industry. “An investment in knowledge pays the best interest.” Benjamin Franklin Top U.S. Data and…
Tag: Oil and Gas Business
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 of people work in, invest…
30 Little Known Oil & Gas Industry Definitions and Phrases
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…