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Texas Oil Boom: Investing in Active Oil Wells in the Permian Basin

Texas Oil BOOM INVESTING IN ACTIVE OIL WELLS IN THE PERMIAN BASIN WHY NOW? TRENDS IN GROWTH 10.9 MILLION BARRELS OF OIL PRODUCED PER DAY 7% increase in production this year · 11.4 MILLION BARRELS OF OIL PREDICTED PRODUCTION FOR 2013 • 18.7 MILLION 45% OF WHICH IS IMPORTED BARRELS CONSUMED EACH DAY PERMIAN BASIN 30 BILLION BARRELS IN NEW OIL DISCOVERIES 155,000 ACTIVE WELLS THAT'S 2 WELLS IN EVERY 1 SQUARE MILE! 14 PERCENT OF CURRENT U.S. PRODUCTION IS WITHIN THE PERMIAN BASIN This is more than all other Texas fields combined. 50 YEARS PREDICTED PRODUCTION LIFESPAN Investing Interest Public shares in drilling companies Partnership shares in oil well companies Oil and gas futures markets High Unpredictable Rapid based on weekly supply data Risk Low Low Return Low THigh Steady based on production and price Fluctuation Unstable based on stock market • Diversify portfolio • 100% tax deductible • Hedge against inflation • Long-term income Advantages and disad - • Reduced chance of high returns • Risk of price shock due to extreme vantages volatility INFOGRAPHIC PROVIDED BY: AEGIS www.AEGISOILINVESTMENTS.COM SOURCES HTTP://NEWS.YAHOO.COM/US-MAY-SOON-BECOME-WORLDS-TOP-OIL-PRODUCER-113753430--FINANCE.HTML HTTP://WwW.DALLASNEWS.COM/BUSINESS/ENERGY/20120225-TEXAS-OIL-PRODUCTION-IS-MAKING-A-COMEBACK.ECE HTTP://www.CHRON.COM/NEWS/EOUSTON-TEXAS/ARTICLE/WEST-TEXAS-TAKING-INTELLIGENT-APPROACH-TO-OIL-3783095.PHP HTTPI//WWw.NYTIMES.COM/2012/07/13/US/WEST-TEXAS-OIL-BOOM-CREATES-HOUSING-SHORTAGE-AND-OTHER-ISSUES.HTML HTTP://www.MARKETPLACE.ORG/TOPICS/BUSINESS/US-BECOME-WORLDS-TOP-OIL-PRODUCER

Texas Oil Boom: Investing in Active Oil Wells in the Permian Basin

shared by BrittSE on Jan 08
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In the 1990s, the average price for a barrel of oil was $21. Today, the average price is $107. This infographic from Aegis Oil shows you why now is the time to start making investments in active oil w...

Publisher

Aegis Oil

Category

Economy
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