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Introduction to Mineral Rights

Introduction to Mineral Rights

According to a report by IBISWorld, a leading business intelligence firm, the total revenues for the oil and gas drilling sector came to $2 trillion in 2017. This sector is composed of companies that explore for, develop, and operate oil and gas fields. Since the 2017 estimates for worldwide gross domestic product range between $75 trillion and $87.5 trillion, the oil and gas drilling sector currently make up something between 2% and 3% of the global economy.