Although the first image that most people have of oil and natural gas development is a drilling rig, the actual process includes many additional steps involving dozens of scientist, engineers and technicians over as long as a decade.
Although the first image that most people have of oil and natural gas development is a drilling rig, the actual process includes many additional steps involving dozens of scientist, engineers and technicians over as long as a decade. The steps can be summarized into:
- Finding the right geology.
- Leasing.
- Geologic evaluation.
- Complying with regulatory requirements.
- Drilling.
- Completing the well, which may include hydraulic fracturing.
- Getting the product to market.