US Emerald Energy
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How To Invest In Oil
One of the first questions that investors looking into how to invest in oil have is how risky is the investment. Investing in developmental drilling is not as risky as many people think. Advances in technology and choosing the right area to drill plays a huge role in reducing the risks associated with oil investing.
Newer, 3D seismic technology helps companies to find areas that may be successful when it comes to drilling for oil. This technology combined with new analysis software helps reduce the risk investors may face with oil by increasing the chances of finding a successful area.
In addition to the software/technology that is used, risks can be reduced by choosing to drill in known, successful areas. It is best to avoid drilling in unknown areas, called wildcat wells, because there is only a 10% chance of success. Instead, choose companies that choose to drill a developmental PUD well as the chances for success increase to up to 80%.
People who are looking into how to invest in oil should understand that this type of investment does have risks, but there are ways to reduce those risks. Contact us at U.S. Emerald Energy, Inc. to learn how risks can be minimized when investors wish to invest in oil.
General information
Standard industrial classification code: | 1382 | |
City / suburb: | Houston, TX | |
County: | Harris |
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