Oil & Gas 360º

APRIL 7, 2025

RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. This compares to 841 total new drills in February, including 682 oil wells, 142 gas wells and 17 dry holes. Compared to March 2024, last months activity was 20.3% in March 2024.

Dry Hole 130

Dry Hole Oil Basin Gas 130

Aresco

APRIL 23, 2025

Drilling a dry hole can cost hundreds of millions of dollars. This helps teams assess risk more quantitatively. Deepwater Exploration Assistance Deepwater and ultra-deepwater environments are among the most complex and expensive areas to explore.

Exploration and Production 104

Exploration and Production Gas Oil Dry Hole 104

Aresco

JULY 17, 2024

Since royalty owners do not bear the operating risks associated with drilling and production, they are insulated from potential cost overruns, dry holes, or operational issues that may arise. Why invest in crude oil and natural gas? Be sure and follow Aresco on Facebook ! What is the Value of Mineral Rights in Texas?

Royalty 52

Royalty Gas Oil Exploration and Production 52

Aresco

DECEMBER 17, 2024

Crude oil is one of the most vital commodities in the world, powering industries, transportation, and economies globally. What Are Direct Oil and Gas Exploration Investments? Crude Oil Investing Opportunities – Click image to request more info. Tax Advantages: The U.S.

Crude Oil 52

Crude Oil Exploration and Production Oil Natural Gas 52