Does anyone on this forum have any experience with buying and operating their own oil wells?
I'm working in Alberta, Canada's oil capital as an engineer. In my business I deal with water in the big SAGD plants up north but I also know how to operate a regular well and keep that running.
There's tons of stories going around about people who get their money and buy a few wells here and there that aren't profitable for big oil companies but to the average joe with minimal overhead they make money.
You could own 3-4 wells and make well over $750,000 a year in mostly passive income. I have some mentors who are willing to introduce me people who have been successful in this so I will try my best to partner up with them.
I'm 24 and make a high salary and work half the year. I save a lot of cash every month and even if I lost it all it wouldn't be the end of the world because I still live at home and have zero bills. This seems like a good fast lane plan.
I know this is a relatively high risk game but the rewards are way higher than anything else. So does anyone have experience in this field or knowledge? Thoughts?
I'm working in Alberta, Canada's oil capital as an engineer. In my business I deal with water in the big SAGD plants up north but I also know how to operate a regular well and keep that running.
There's tons of stories going around about people who get their money and buy a few wells here and there that aren't profitable for big oil companies but to the average joe with minimal overhead they make money.
You could own 3-4 wells and make well over $750,000 a year in mostly passive income. I have some mentors who are willing to introduce me people who have been successful in this so I will try my best to partner up with them.
I'm 24 and make a high salary and work half the year. I save a lot of cash every month and even if I lost it all it wouldn't be the end of the world because I still live at home and have zero bills. This seems like a good fast lane plan.
I know this is a relatively high risk game but the rewards are way higher than anything else. So does anyone have experience in this field or knowledge? Thoughts?
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