Some people interested in investing in oil and gas wells shy away from actually doing it because their questions were never properly addressed. But here in oilinfo.org, we give you a dose of clarity to your most common questions which will hopefully help you decide whether oil investing is a suitable investment for you.
Lawton Oil & Gas
One of the most frequent questions with regards to oil & gas investing is how one can earn from it. It really depends upon the type of partnership you signed up with. For instance, if you sign up as a direct investor, you are actively participating in the exploration and drilling process of wells. When the wells turns out to be productive, you are then entitled for monthly paychecks coming from the sale of oil from these wells.
Risks of Investing in Oil Wells
Investors also frequently ask about the risks involved if they opt to directly invest in oil. Just like any other investment vehicle, oil and gas have their own inherent risks. One could strike a dry hole despite careful research. However, risks are significantly minimized if you opt to conduct business with a reputable company with excellent track record. That means they have the experience, expertise and knowledge to properly handle risks.
Get Expert Advice Before Investing
Potential investors should incessantly seek for answers especially if they believe that investing in oil and gas is a suitable move for them. Experts would warn against scamming brokers and fraudulent oil companies, but fortunately, there are a good number of duly licensed oil operators who can provide you with investment opportunities. What’s important is to keep enriching your knowledge about this niche so you can make better decisions in the future. Download our free insider’s guide to make sure that your Lawton Oil & Gas investing opportunity is on the level.
USA Oil Boom
America’s oil supply went record high when the oil boom took place. Today, US is poised to become energy-independent in less than a decade and may even surpass oil production levels of oil supernations like Russia and Saudi Arabia.
Oil in Lawton
In the United States, Texas has the largest oil contribution that it can very well be the country’s own Saudi Arabia with its shales reaching up towards Lawton, OK. Texas is able to churn out 5 million barrels of oil every day, accounting to one-third of the country’s daily oil supply.
North Dakota’s oil reserves have actively been pumping oil, specifically oil coming from the Bakken Formation. With an estimated 3.8 billion of oil reserves under the North Dakotan oil coming from new and existing proved oil reserves, this state proves to be one of the most valuable oil-producing states in the US.
While California follows stringent oil refinery policies, the state ranks third to the most oil produced in the country. The Californian underground is estimated to hold around 2.9 billion barrels of oil.
New Mexico experienced dry holes in 2000s but newer drilling technologies brought the state’s oil to life, and it is now one of the top-producing in the country. In little over a decade, New Mexico’s oil supply doubled in number.
What this data goes to prove is that US may soon become the global oil leader. Today, the country is estimated to produce 8.4 billion barrels of oil per day, and this number is predicted to increase in the future as more investors and drilling companies explore oil & gas formations like the ones near Lawton.