Veteran Oil Partners is currently focused on operating onshore conventional oil and gas prospects. Our current drilling inventory and leasing activities target vertical drilling prospects that offer multiple oil and gas reservoir potential as a means to offset risk and maximize the ultimate economic potential of the wellbore. Watch this quick educational animation to learn more about the nature of our prospects!
Drilling and completing an oil and gas well a mile or more into the Earth’s subsurface is a complicated, multi-phased, and often very expensive undertaking; as much as or maybe even more so than constructing a 50+ story skyscraper. From the beginning steps of preparing the location all the way to producing oil to the tanks and evaluating a new discovery for field development, watch our quick educational animation that illustrates and explains the process step by step!
Millions of dollars can be spent during the drilling phase of an oil and gas well so it is very important to gather as much information as possible at every stage to determine if it makes good business sense to continue drilling and ultimately complete the well, a procedure that often totals 40% or more of the total well cost. Electric Logging is one of the most effective ways that oil and gas companies gather detailed information about the different layers of rock that were drilled through. This gives greater certainty about whether or not hydrocarbons are present, and present in commercial quantities. Watch our quick educational animation on well logging to discover more about the process and technologies in play!
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