Oil And Gas This Week Podcast

Welcome back to another episode! This week’s episode is our First Friday Q&A for January. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: Torchlight Energy was awarded a New Field Discovery designation from the USGS for the Orogrande Basin in West Texas. They have about 150,000 acres out there, and have both oil and gas to the surface. Sounds like they are negotiating with several of the majors, Has there been anything comparable done in recent history? Their geologist is the same geologist that discovered the Wolfbone play, and has described this as a billion barrel find. What could this be compared to, in terms of modern discoveries? I’m from Guyana, South America. We’ve made 10 discoveries in the last three years and we’re ranked among countries with the most dis