Oil well continues to be a hot investment sector, owing to the growth of
the developing countries like China and India. One of the most important
aspects to be taken care of while making oil field investments is to
know what you own. It is important to know the process and the
individuals who undertake it. Usually there are two types of oil
drilling methods: Wildcats & Developmental Deals. Wildcats are the
aggressive types of drilling programs where oil has not been found
within 1 mile of the drilling location, but there is possibility of the
area having oil reserves, as per geologists. Developmental Wells are
wells within 1 mile of known oil production. The former involves lesser
risks than the latter. 

Usually oil reserves are found in abundant underground oil reservoirs
called Oil Fields. *'Oil Field Investments'
(http://www.worldenergyresearch.com/ServiceandContact.aspx?id=1)* have
gone up in recent times, owing to its rising prices and decreasing
supply.


-- 
KLENKE11
------------------------------------------------------------------------
KLENKE11's Profile: http://forums.slimdevices.com/member.php?userid=39379
View this thread: http://forums.slimdevices.com/showthread.php?t=80597

_______________________________________________
discuss mailing list
[email protected]
http://lists.slimdevices.com/mailman/listinfo/discuss

Reply via email to