With more than 750 multinational E&P businesses employing our solutions, we currently have the gold standard instruments for oil analysis in the upstream oil and gas industry. From local independents to multinational super majors, our clientele spans the whole spectrum of oil and gas firms that are actively exploring nearly every basin on Earth.
Every business owner aims to earn a high return on investment when they put a lot of money at stake. However, when it comes to investing in oil and gas, this is the strongest reason for everyone to buy an interest in this industry. For your information, oil and gas have a huge potential for profit, which is why it is a compelling choice. However, it is slightly riskier than the other industries because of the varying prices of oil and gas.
Apart from earning higher returns to the investors, the profit growth spreads over a long time. Most of the options will earn you profit for several years. This means, once you invest in oil and gas, you will be entitled to a passive income for several years. Therefore, now is the perfect time to put faith in this sector and give it a go.
A profitable investment in any part of this industry is equivalent to owning your annuity that provides you with a consistent cash flow. Bear in mind, with most of the financial annuities, you will have to pay a premium amount for several years before you can receive a payment. Put this on the other side and compare it with a profitable oil or gas project. This means you will only have to wait for a few months for the first payment to arrive. Most people are skeptical about investing in the oil and gas industry because they doubt the time of receiving their first payment.
One of the biggest reasons why investors chant the benefits of investing in this industry is because it buys them large tax breaks. With this benefit, you can receive up to an 80% discount on your yearly taxes. This means you could be earning up to 80 percent of your investment in the first year of your investment. Similarly, If you continue to pay the taxes on time, you could be writing off the total amount in a period of 5 years. Additionally, you will also receive a 155 depletion allowance, which is rare in other industries if you invest.
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