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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

(World Oil) –The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous months number. RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. in February, 72.4%

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AI in Oil and Gas Exploration

Aresco

In this blog, we explore numerous ways that AI is transforming oil and gas exploration and positioning the industry for a more efficient and profitable future. Drilling a dry hole can cost hundreds of millions of dollars. Seismic Data Interpretation Seismic surveys are foundational to hydrocarbon exploration.

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Investing in Oil and Gas Royalties Explained

Aresco

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. They can provide valuable insights, help you evaluate investment opportunities, and navigate the complexities of the oil and gas sector.

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Crude Oil Investing: A Guide for Accredited Investors

Aresco

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.