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The Oil & Gas industry often classifies property in Tiers, Tier 1, 2, 3 and 4.
Similar to Commercial Real Estate that are classified as Class A, B or C.
https://bit.ly/3OkMBQJ
Tier 1 property is considered to be the best property.
To paraphrase the article linked below; “Tier-1 acreage (can) yield more oil or gas per foot of interval…This means … Tier-1 wells have the potential to see a much better return on their investment in a shorter period of time, and for longer…”
https://bit.ly/3RbLsvy
This simply means that an oil or gas well in a Tier 1 property can start making more money quicker, see a return quicker and produce for longer.
If you would like to learn how to be part of the solution to the world's energy crisis and know how you can take advantage of a Royalty Income from a producing Mineral property, be sure to contact us at your convenience. Just visit our website for the contact information.
#recession #inflation #stagflation #hyperinflation #energy
We offer FREE reviews if you are evaluating an oil well drilling or re-work deal.
Give us a call or send us an email.
Visit our website. https://mineralroyaltiesgroup.com/
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.
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