Whether you are building a new restaurant, Church, or gas station, they all have one thing in common: Mutual Vicinity. A common location or close proximity to proven well (PRODUCTION) is a key factor driving our decisions for success. I prefer the term “Closlogy” when I apply this to finding another lucrative, profitable oil well to drill.
The oil and gas sector is teeming with complicated terminology that can overwhelm newcomers to the space. With a basic understanding of this terminology and the oil and gas business in general, can help the novice understand the fundamentals of oil and gas projects.... read more