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Mineral property ownership has a direct benefit from technology advances
There is this little company called Black Stone Minerals, a multi-billion-dollar publicly traded oil and gas mineral property company.
https://investor.blackstoneminerals.com/presentations/
(Click “Credit Suisse 2020 Mineral Conference” and scroll to page 5)
One of my favorite advantages of owning mineral properties is probably the least understood.
They say in one of their investor presentations that owning minerals gives the mineral property owner
“Direct benefit from technology advances to enhance well recovery and well economics.”
What does that mean?
I remember reading from the website AAPG.org ,that is the American Association of Petroleum Geologists, the fracking of shale allowed the recovery of less than 10% of the oil and gas in place.
This means if there was a million barrels of oil down in the ground they could only get 100,000 barrels out.
Not long ago I read that the recovery is now closer to the 30% or so.
So now that can get 300,000 barrels out.
All this and it doesn’t cost you a dime!
If you would like to know more on how you can take advantage of a Royalty income from a producing Mineral property, be sure to contact us at your convenience. Just visit our website link below for the contact information.
We offer FREE reviews if you are evaluating an oil well drilling or re-work deal.
Give us a call or send us an email.
Visit our website. https://mineralroyaltiesgroup.com/
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.
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