HomeAbout UsProspectsTechnologyInvestorsNews Room
 
   
   
   

Eldorado Exploration was formed to take advantage of the (PIP) process that will improve the success rates of finding oil and gas.  Not every method is fool proof, but the (PIP) process used in conjunction with the other established technologies for oil and gas exploration should help identify large potential fields that will make a company successful.

The (PIP) process can also help in eliminating potential targets that would not have sufficient reserves to be a commercial discovery.  There are

many structures that may be a geologic success but be an economic disaster. By circumventing small accumulations our company avoids expenditures by not drilling on lesser prospects.  This progressive philosophy allows Eldorado Exploration to drill more wells with favorable potential. We swing for successful home runs. Drilling for low risk, low return wells are for other companies. With the shortages of energy and favorable drilling economics, the time to hit a major discovery is now!

   
   

The North American natural gas situation:
North America's demand for natural gas is growing, yet production in the lower 48 of the United States is decreasing. The resulting gap between demand and supply can only be met with either Canadian imports gas from Alaska or LNG. At this time, Canadian imports nearly fill the entire gap (15 percent of total consumption).

But now, Canada's gas production rate also appears to be declining. Canadian imports will decrease as production declines and Canadians use more of their gas resources to satisfy their domestic demand requirements.
(source of 15% - Pipeline & Gas Journal)



The U.S. Energy Information Administration (EIA) says that natural gas demand will increase by 26 percent in the next 10 years.

   
   

 

   
 
  Album Creative Studios  
Album Creative Studios