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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by good40on Jan 28, 2021 11:57am
130 Views
Post# 32409904

RE:RE:O&G companies take note

RE:RE:O&G companies take noteThanks Alkhor, so injecting propane and other gases directly into the reservoir, makes it easier
to recover the stranded oil. To your knowledge,  does the injection also increase the percent gas
mixture recovered, as well as the oil ?

I've noticed that production is talked about by using bbls/day, or boe/d (which is gas production converted to barrels of oil).

The acquistion notes that current production is 1400 bbls/day. To be absolutely clear, oil production would be noted at 1400 bopd. (barrels oil per day). They won't be selling produced gas, but they will be buying their propane.






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