Top Numbers in Oil and Gas Production by State

While it’s no surprise that Texas is the number one state in both oil and gas production, the other states that top the lists for crude oil and natural gas might surprise you. For example, North Dakota’s production of crude oil increased by 251{335c974e2d9974e4ac278ecec6a6684801c17d5ab958c4405bc55dcadc20c6a8} from 2010 to 2014 and is now the second largest state… Read more »

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Working Interest Oil and Gas: Explained!

“[Working interests are] by far the riskiest and most involved way to participate in an oil and gas investment,” according to an article on Investopedia. Yes, a working interest in oil and gas can be a risky endeavor but as any successful investor will tell you, with great risk comes great reward. But what is… Read more »

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What is Upstream Oil and Gas Production?

The massive petroleum industry is divided into three distinct sectors: upstream, midstream and downstream. Each area focuses on key aspects of oil and gas processing: from exploration and drilling to transportation, production and sales. The first link in the chain is upstream oil and gas production. What is Upstream Oil and Gas Production? Before you can… Read more »

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How Falling Oil Prices Affect Overriding Royalty Interest

Falling oil prices are being felt across the country and overseas. In addition to oil and gas discovery, production and refinement workers, investors and landowners are feeling the dry spell too. Overriding royalty interest (ORRI) payments, or the royalty payments made above and beyond standard royalty payments to investors, are dwindling alongside quickly declining oil… Read more »

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