Oil Industry News (03/15/2023)

March 15, 2023 [00:00:00.490] – Kurt MireToday is March 15, 2023. Let’s review some oil industry news. In the United States. West Texas Intermediate Oil is selling for $68.60 a barrel. It’s down significantly from yesterday. US. Natural gas is $2.47 per mmb. Two, it’s down slightly, but over the last few months, it’s downContinue reading “Oil Industry News (03/15/2023)”

Now Is The Best Time To Invest In Oil & Gas

Despite this being the worst economic climate for the oil & gas sector, there has never been a better time to invest. Listen to our lead engineer, Kurt Mire’s examples of previous petroleum market downturns that ended up being success stories! It’s not about what’s going on around you, it’s what’s going on in yourContinue reading “Now Is The Best Time To Invest In Oil & Gas”

Petroleum Economics: Understanding Internal Rate of Return and Net Present Value

Link To PowerPoint What is IRR or the Internal Rate of Return? IRR is the interest rate at which the net present value of a project’s cash flow equals zero. IRR is used to evaluate the attractiveness of a project or investment. The Pros & Cons Of IRR IRR makes it easy to rank projectsContinue reading “Petroleum Economics: Understanding Internal Rate of Return and Net Present Value”

Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals

Today we’re covering the top 3 mistakes you must avoid when making an investment in an oil & gas property. This does not cover any investment tips for investing in a publicly traded petroleum company, oil & gas stocks, or any form of financial securities. The tips are for individuals looking to invest in anyContinue reading “Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals”

3 Brief, Yet Crucial Oil And Gas Investment Tips You Need To Know Before Starting Your Next Project

Principle Engineer at Mire Petroleum Consultants (Kurt Mire) uses his 35+ years of experience in various international oil & gas projects to give us 3 brief, yet important oil & gas investment tips for anyone looking to finance their next prospect.