When it comes to investing in the oil and gas industry, one important concept to understand is working interest. What is your Working Interest? Working interest refers to the percentage of ownership in an oil or gas well or leases that a person or...
Read MoreUpstream in the oil and gas industry refers to the exploration and production of natural resources, including oil and natural gas. This includes activities such as drilling, extracting, and transporting these resources to downstream processing and...
Read MoreThe crack spread, also known as the refining margin, is a key indicator of the profitability of the oil refining industry. It represents the difference between the price of crude oil and the price of refined products, such as gasoline and diesel...
Read MoreOil has been a major source of energy for centuries. However, not all oil is created equal. There are two main types of oil: conventional oil and shale oil. Definitions: Conventional oil is oil that is extracted from underground reservoirs using...
Read MoreSaving energy and reducing consumption in your home not only helps the environment but also saves you money on energy bills. By making simple changes to your daily habits and using energy-efficient products, you can significantly reduce your energy...
Read MoreThe oil and gas production process is a complex and multi-faceted endeavor that involves a variety of stages, from exploration to production. Understanding the oil and gas production timeline is essential for anyone looking to gain a deeper...
Read MoreFracking, also known as hydraulic fracturing, is a technique used to extract natural gas and oil from rock formations deep underground. This process involves injecting water, sand, and chemicals into the rock at high pressure to create fractures,...
Read More