Oil and Gas

To help clarify the different resources and reserves definitions used in analyzing oil and gas companies, this page serves as a reference for understanding the relevant terminology. The Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG), the World Petroleum Council (WPC) and the Society of Petroleum Evaluation Engineers (SPEE) have agreed … Read more

Fracking, short for hydraulic fracturing, is a method used to extract oil and natural gas from deep underground rock formations, typically shale. It has become an increasingly important technique in the oil and gas industry, particularly in the United States, where it has significantly boosted domestic production of oil and natural gas. The fracking process … Read more

In the following table, you will find typical daily production ranges for oil and gas companies for both onshore and offshore production wells. This quote is taken from The Mining Valuation Handbook by Victor Rudenno, which is a valuable source of information on oil and gas flow rates and other aspects of investing in mining and … Read more

Investing in oil and gas companies can be very lucrative, especially when you have invested in an energy stock before they announce the discovery of a new resource. When oil and gas companies decide to explore a new potential structure for oil or gas, it is crucial to know how to estimate the potential recoverable … Read more

Oil and gas exploration companies play a crucial role within the energy sector as they focus on finding new structures of oil and gas in the earth’s crust. Since easily extractable oil and gas structures are becoming scarcer, companies must search for these resources in more remote locations where the necessary infrastructure is not yet … Read more