Basics:

Fracking Basics Part 1

Hydraulic fracturing has become perhaps the best-known – but least understood – part of the process of extracting crude oil and natural gas from the ground over the past decade or so. The procedure, which…

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Completion Basics

Completion is the phase in the life cycle of an oil and gas well which takes place after drilling. After the well has been drilled, the oil and gas company makes a decision based on…

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Drilling Basics

Your land has been leased and now the oil and gas company will drill a well. In some respects drilling hasn’t changed much over the years, but technology continues to advance, making things such as…

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Petroleum Geology 101

Why does an oil and gas company take an interest in leasing and drilling in a particular area? The answer is it all starts with geology. Geology dictates where oil and gas companies will lease…

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Life Cycle of an Oil & Gas Well

If you own oil and gas mineral rights and are either considering leasing your land or have already done so, it is important that you have a basic understanding of the process of exploring for…

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THE LEASE BONUS

The bonus is the cash payment made by the lessee (the oil and gas company) to the lessor (the mineral owner) to obtain the oil and gas lease. The bonus is a negotiable term between…

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