What makes a product or process a good return on investment (ROI)? And do those same principles apply to the ROI of an oil well?
The answer depends on many factors, but there’s no question that the lifetime energy production of an oil well far outpaces the time invested in the initial drilling and hydraulic fracturing processes. The infographic below, created by the American Petroleum Institute highlights how “weeks of work” can create “decades of energy.”
At TechTAC®, we’re grateful for the production companies, operators, rig crews and service companies that support America’s oil and gas industry.
