Website Offers A One Stop Shop Experience For The Rebounding Oil and Gas Industry

ProductionBrokers.com has set a major precedent as being a useful tool for every segment of the oil and gas industry.
 
 
Photo Credit: REUTERS
Photo Credit: REUTERS
 
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Tags:
Oil And Gas
Technology
Finance

Industry:
Energy

Location:
Oklahoma City - Oklahoma - US

Subject:
Features

OKLAHOMA CITY - May 1, 2018 - PRLog -- As oil market prices have stabilized, a healthy number of oil producers, midstream service companies, investors, and independent owners of oil production related assets, are beginning to see an increase in cash flow. The cost of well completion, extraction, transport, maintenance, and refining has remained of the garden-variety, leaving those with active wells, starting to profit once again.

The million-dollar question in which analysts are trying to hypothesize on are: When will oil prices increase further and what will the average cost of oil park at when the market balances out even further. With most companies taking a bearish outlook on the future answer to these questions, an abnormally large amount of companies, investors, and individuals have decided to acquire: active production, royalties, mineral rights, core leases within major shale plays and well service equipment to recapitalize operations.

The oil and gas investment sector, which is typically known as a buyer's market, has rapidly transformed into a seller's market for non-traditional investors seeking a long term lucrative investment at a discounted price. Website and mobile investing services such as ScottTrade and eTrade have traditionally transformed everyday people into stock market investors and portfolio managers. Up and coming oil and gas asset listing sites are becoming a similar trend among amateur investors looking for a long-term payoff in oil production, royalties, or leases.

Productionbrokers.com, is an Oklahoma City based website, that handles listings, auctions, and negotiated sales of: oil production, mineral rights, royalties, and oil & gas leases along with all equipment needed to drill, maintain, and service active oil production operations. The site started seeing a large spike in traffic when oil market pricing declined rapidly in winter of 2014 and is currently helping the same companies who were selling off assets to get by, repurchasing similar equipment and assets to resume operations. 2018 is already off to a great start, as companies are running major advertising campaigns with the website and utilizing all services offered, such as auctions, listings, classifieds, and the only interactive oil and gas service company directory on the internet.

With oil and gas activity trending, ProductionBrokers.com will look to have a major year becoming one of the most sought-after resources for the oil and gas industry.

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Tags:Oil And Gas, Technology, Finance
Industry:Energy
Location:Oklahoma City - Oklahoma - United States
Subject:Features
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