yanbu, Tag

Saudi Aramco has stated that it designs the well layouts and extraction patterns from its oil fields so that they effectively decline at a rate of 2% per year.* If one divides 100 by 2 it yields 50. If one subtracts 50...

The price of crude oil has been shown to have significant impact on the global economy, and in the current somewhat fragile state of the various parts of that economy the current lower prices help...