25-Miami Real Estate-Gas station industry
An important Factor in Miami Real Estate is always knowing about what you are purchasing.
Gas station industry
What is an independent?
The basic definition of independents is a non-integrated company which receives nearly all of its revenues from production at the wellhead. They are exclusively in the exploration and production segment of the industry, with no marketing or refining within their operations.
America has thousands of independent oil and natural gas producers. Service companies operate in 33 states and the coastal waters offshore. Independent companies derive their income primarily from the sale of oil and natural gas they discover and produce in their operations. This is commonly called the “upstream segment” of the industry. Independent producers develop 90 percent of domestic oil and gas wells, produce 68 percent of domestic oil and produce 82 percent of domestic natural gas.
To Continue Reading this Article in spanish Click the following: Industria de Gasolinera
A recent analysis has shown that independent producers are investing 150 percent of their domestic cash flow back into domestic oil and natural gas development, borrowing funds to enhance their already aggressive efforts to find and produce more energy.
Independent producers range in sizes from large publicly traded companies to small family businesses that drill a few wells each year. Most independents have fewer than 20 employees. Yet, collectively, independent producers are the key to future domestic energy exploration and production.
