How do you get money to drill an oil & gas well?

How do you get money to drill an oil & gas well?

3 Responses to “How do you get money to drill an oil & gas well?”

  1. TotalSolipsist Says:

    Generally you would get that money by being a company whose business it is to produce oil and (natural) gas. If you own land that happens to have oil/gas beneath it, talk to a company and they will pay you to build a well(s). Assuming that it would be worth the effort.

  2. scoutma53 Says:

    You have to be a real good talker and go meet with Banks and people with loads of money and talk them into it. Also some kind of Surveyor’s report to show them would be a good idea. Plus have a realistic estimate of how much it would cost so you know how much to ask for.

  3. jeff410 Says:

    Form a limited partnership and find high net worth/income individuals who need a tax write-off.