Top 10 Oil Wells Drilled In Western Canada - Consider Adding These Oil Stocks To Your Portfolio [View article]
Gas produced to date is in metric units. We agree the boe equivalent ratio on gas to boe of 6:1 is not reflected in the current pricing market however, it is the industry standard and is used for reporting purposes by all public companies.
We have highlighted oil wells but want investors to be careful as there are other wells (not contained on this list) which they are told are oil wells but are actually gas wells and thus the related rate of returns are substantially less given the current pricing environment where gas is trading on a 40:1 basis rather than the industry standard 6:1 basis.
If you would like access to all the data including gas wells, the data is available for a fee.
Top 10 Oil Wells Drilled In Western Canada - Consider Adding These Oil Stocks To Your Portfolio [View article]
We have highlighted oil wells but want investors to be careful as there are other wells (not contained on this list) which they are told are oil wells but are actually gas wells and thus the related rate of returns are substantially less given the current pricing environment where gas is trading on a 40:1 basis rather than the industry standard 6:1 basis.
If you would like access to all the data including gas wells, the data is available for a fee.