Indepth Exploration was founded on solid principles and the application of the latest state-of-the-art drilling and product technologies. This is a fundamental part of our business philosophy and daily operations.
However in recent times, with the advancement of new technologies, drilling and oil extractions have been made quite cheaper and easier without employing more energy intensive processes. Oil prices are likely to remain around $110.10 a barrel and thus, investors now have exceptional opportunity to drive more advantages of such circumstances like higher oil prices, cheaper extraction techniques etc.
Although oil and gas wells deplete gradually, their properties turn out to be more valuable with the age. New technologies and production techniques will surely enhance field production over the years. Moreover shallow productive zones can always be redeveloped.
The oil and gas industry might have to deal with overlapping regulatory challenges and regimes at all the levels of government body. Ultimately, 2013-14 is probably to define the federal government’s functions in regulating hydraulic fracturing and ecological impacts associated with shale development.
Heavy oil producers are usually higher beta energy investment options; they strike the moves within the energy fields on the whole, but in an exaggerated manner. Moreover, such producers can normally survive in low-margin situations for the reason that they’ve historically offset low margins by minimizing development costs.
Investment in oil and gas industries can yield huge profits. It’s considered as one of the best investment opportunities worldwide. In the last few years, there has been a tremendous rise in oil and gas investments. The major reason might be a tragic flux in the share markets across the world; which has led many investors to look for another interesting option.
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