Oil and Natural Gas
From the period of Jan 1, 2001 through Dec 2006, the US
Department of Energy reported that U.S. wellhead prices of natural gas and oil to have
increased 59% and 154%, respectively.
Globalstaine is a privately held oil and gas exploration and development corporation and independent operator.
Working in tandem with host governments,
Globalstaine employs the latest technologies to locate, identify, and drill wells. Today’s 3-D seismic and
spectral decomposition technologies have changed the way oil and natural gas companies determine where to drill, if the prospect is economically feasible, and how deep to drill.
Petroleum industry technological advances and readily available technologies mirror other industries...40 years ago the X-ray was the
best technology to see inside of the human body...today the MRI, CAT, and PET scan are medical industry standards...20 years ago,
computers were expensive, slow, and there were few "off-the-shelf software applications...today relatively
inexpensive computers and software applications abound.
Globalstaine works aggressively to deliver financial returns to its stakeholders, develop oil and natural
gas fields for domestic consumption and export, revitalize and develop
the host country's infrastructure, and deliver
ecological solutions directly to the local and global community.
Productive wells generate monthly revenues that are paid directly to investors, for the entire
life of the well.
Globalstaine is uniquely positioned to share the oil and gas production with our stakeholding
partners because we do not have many of the overhead costs
incurred by the major corporations.
Our exploration and development
projects are funded by private placement joint ventures with
investing partners, rather than through public stock sales.
Our
stakeholders
include individual investors, industry partners, companies, and
governments.
Hundreds of oil and natural gas wells drilled each year across the United States are done so with select investing
partners.
Links
Crude Oil Refining
Oil & Gas Journal
Petroleum Place
WorldOil.com
American Petroleum Institute
Society of Petroleum Engineers
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