How an Oil & Gas Exploration & Production Company Operates
Publisher: Oil Patch Press
How an Oil & Gas Exploration & Production Company Operates explains in detail how a petroleum company acquires and manages oil and gas leases. It also explains how an oil company decides where to buy or acquire oil and gas leases. Popular ways that petroleum companies reduce their risk in drilling wells are provided. This book explains in plain terms the contracts commonly used for making deals. Best of all, it shares how all of this affects the mineral rights or royalty owner and their profits. Contains extensive glossary. 37,828 words total.