
Oil & Gas: The Dirty Details
The WealthAbility Show with Tom Wheelwright, CPA
How to Drill a Well in an Organic Rich Rock Formation
The first thing you want to do as a company, when you're in the exploration phase is to top all of your land by drilling a well on it. Once you drill one well, that timeline is off because you have drilled, you can wait to drill the other wells. So these types of plays are not all equal. Different companies have better acreage positions. Same thing if it's in West Texas or the Bakken or the Eagle Fert or any of these plays, you're going to have your sweet spots that you drill in.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.