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Part 2 - Upstream Sector of Oil and Gas known as Exploration and Production or E&P.
Oil and Gas companies typically fall into 3 segments.
Upstream is also known as Exploration and Production or E&P.
Here you will find all the activities related to searching for, recovering and producing crude oil and natural gas.
The services side of the industry has also been considered the upstream. In my view, these specialty companies are the unsung heroes of getting the wells designed, drilled and fracked using best practices to maximize production. Typically, you can find about 20-30 different services companies involved in the finding to drilling and completion of a well.
Of the 3 segments, the upstream can be the highest risk. That is why we own income producing mineral property.
I want to share with you what 20 years in the oil and gas space has taught me.
If you are evaluating a drilling or re-work deal, feel free to give me a call.
Watch this video to learn more. Then...
Give us a call.
Visit our website.
https://mineralroyaltiesgroup.com/
Listen, Like and Subscribe to this channel.
Thank you.
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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