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Oil stocks will under perform crude oil and the oil etf for the next several years - but Energy Juniors will outperform both. The market is now setting up for a great entry point into junior oil Stocks!

Hi Dr. Schmidt, thanks for taking the time out of your busy day! I know the GasGun® is in high demand these days, would you mind telling our readers a little bit about your company?

It is my pleasure to speak with you today!

J Integral Engineering was formed in 1992. In 1994, we won a Small Business Innovation Research grant from the Department of Energy to develop, test, optimize, and commercialize the use of progressively burning solid propellants for the economical stimulation of oil and gas wells. The concept, initially conceived from a research study I helped conduct at Sandia National Laboratories in the early 1970's, was field-tested and a practical design was optimized.

The upstream oil sector is an international market, with investment and operational decisions increasingly determined against world norms, heavily influenced by both the current world oil price and anticipated price for its impact on new field developments.

The volatility of the oil price has led to changes in the structure of the oil sector, encompassing both the oil companies and their various contractors. In particular there has been consolidation both horizontally and vertically in the traditional contracting supply chain.

Classification of Oil

The oil and gas industry classifies "crude" oil by were it was produced of its origin and often by its relative weight (API gravity or viscosity ("light", "intermediate" or "heavy"); in addition it may also be reffered to as "sweet" ( it contains relatively little sulfur), or as "sour" (it contains substantial amounts of sulfur) and requires more refining in order to meet current petroleum specifications. This article gives a brief list of the reference barrels.

Once exploration wells have confirmed commercially reservoirs of natural gas or petroleum deposits, it is economical to build a permanent offshore production platform from which well completion and oil and gas production can be made. These permanent platforms are often very expensive and generally require large deposits of hydrocarbons to be economical to develop. Some of todays largest offshore platforms are located in the North Sea, where large structures able to withstand high winds and large waves are necessary. There are a number of different types of permanent offshore production platforms, each useful for a particular depth range. This article will give an overview of the most common.
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