“Here’s something I’ll bet you haven’t thought about in the last few days: Drilling Mud.
Actually, it’s the simple things that we take for granted. Our $100 billion oil and gas shale revolution couldn’t exist…..without MUD. It’s the single component that lubricates, cools, cleans, balances and even communicates what’s going on down the hole, thousands of feet below the earth’s surface. And most people don’t realize how much it costs, either. It can reach upwards of $300 a barrel, and amount to 25-percent of the cost of a new oil and gas well.”
Continue listening to the Podcast here or you can visit Crude.com to read the full transcript:http://www.crude.com/media/OGIR-Drill...
For more Podcasts filled with industry insider news discussing oil and gas investing visit our website: http://www.crude.com/podcasts/
Actually, it’s the simple things that we take for granted. Our $100 billion oil and gas shale revolution couldn’t exist…..without MUD. It’s the single component that lubricates, cools, cleans, balances and even communicates what’s going on down the hole, thousands of feet below the earth’s surface. And most people don’t realize how much it costs, either. It can reach upwards of $300 a barrel, and amount to 25-percent of the cost of a new oil and gas well.”
Continue listening to the Podcast here or you can visit Crude.com to read the full transcript:http://www.crude.com/media/OGIR-Drill...
For more Podcasts filled with industry insider news discussing oil and gas investing visit our website: http://www.crude.com/podcasts/
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