Posts by John_david

    Every
    oil /gas well is different when it comes to decline curves. Granted,
    those that are in the same field, have the same characteristics will be
    similar. Secondly, oil and gas owners enjoy interesting tax benefits; check out
    the tax calculator on our web page, comparing real estate tax burdens and/or
    benefits and oil and gas tax benefits. Oil and gas offer an automatic 15% depletion
    of the gross revenues. Castlel Oil and Gas highly recommends to dicuss the tax
    rules and regulations with a licensed CPA.

    Just wanna share the information that might be useful to you, These
    are installations on land and usually close to the sea which receive oil and
    gas from offshore installations via pipeline (or in the case of oil sometimes
    by tanker). These installations prepare the liquid products for further
    refining - but they are not the refineries. They also take the natural gas and
    make it suitable for piping into the National Grid. At some installations gas
    liquids are processed...