When it comes to harvesting oil and natural gas for the industry, there are only two options: onshore and offshore drilling. From environmentalists to economists everyone has an opinion on which practice is better for the oil and gas industry as a whole. So, if you are a facility manager looking for a new site to drill, take some of these advantages of each option before making your decision.
- While there are some economic benefits to offshore drilling, the hard facts are that it could take years for a site to actually get a drilling facility set up in the middle of the ocean. This alone takes a big cut out of facility budgets. With onshore drilling, shales are readily available, and equipment can easily be moved from site to site with the help of skids and other resources that make drilling sites mobile and flexible. This cuts down on the shipping and installation costs that would otherwise be much more for an offshore project.
- Aside from job possibilities, offshore drilling also diminishes the reliance on foreign resources for fuel. This helps drive down the cost of gas that the average consumer uses on a daily basis.
- The facts are that onshore production is a process that produces fabulous results for the oil and gas industry. The reason for this is that resources are just more abundant on land. Currently, seventy percent of the world’s oil and gas comes from onshore sites, with thirty percent being produced offshore. Even though offshore sites can be a source for fuel, there is clearly a method between the two that is more dependable.
David Goodnight, Austin says that our energy operations are primarily focused on using unique and unconventional discovery and development techniques for all onshore natural gas and oil field operations within the United States, Asia, and South America. We have directed a significant portion of our technological and leasehold acquisition expertise to identify, secure and commercialize new unconventional liquid-rich plays. Our oil and gas services include geology, geophysics, reservoir engineering, production engineering and drilling engineering.
The Goodnight Group is a privately owned company headquartered in Austin, Texas. Founded in 2001, The Goodnight Group outgrew rapidly its original focus of energy commodity trading. Since its inception, The Goodnight Group’s business endeavors have become very much diversified. Currently, oil field development, private and government aviation, early-stage capital, defense, midstream energy, and commercial real estate development have all become integral divisions of our business. The founder of The Goodnight Group is David Goodnight Austin Tx from Austin who is a relative of Charles Goodnight, one of the most well-known ranchers and Texas rangers in US History.
