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Investing in
America’s Future
Presented by Penneco Oil Company
What Does Penneco Do?
• Penneco invests in the nation’s future by providing
Americans with the crude oil and natural gas o...
Why Drill?
• We Need Oil & Gas:
• The U.S. consumed 6.87 billion barrels of oil and
24.38 trillion cubic feet of natural g...
Drilling 101
• Producers such as Penneco invest in the latest technologies and
practices to safely find and bring crude oi...
Shale and Horizontal Drilling
• Shale formations such as the Marcellus, the Utica and the
Bakken promise to make America e...
Investing Forward
• Penneco believes that investments in domestically
produced oil and gas provide a path forward for a
re...
Contact Us
• Our Website: www.penneco.com
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Penneco, Investing in America's Future

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A slideshow created by the Penneco Oil Company that showcases how Penneco is investing in America's future through oil well drilling. It gives a background about the drilling process and how beneficial it is to invest in the oil and gas industry.

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Penneco, Investing in America's Future

  1. 1. Investing in America’s Future Presented by Penneco Oil Company
  2. 2. What Does Penneco Do? • Penneco invests in the nation’s future by providing Americans with the crude oil and natural gas on which our modern society depends. • By drilling for and producing oil and gas, Penneco is investing in local landowners, businesses, communities and our children.
  3. 3. Why Drill? • We Need Oil & Gas: • The U.S. consumed 6.87 billion barrels of oil and 24.38 trillion cubic feet of natural gas in 2011. • Oil and gas are used for thousands of items other than fueling our vehicles and heating our homes. • Pesticides, ballet tights, shoes, earrings, telephones, computers, footballs, headphones, aspirin, lipstick and more! • Without investment in oil and gas, our society could not function.
  4. 4. Drilling 101 • Producers such as Penneco invest in the latest technologies and practices to safely find and bring crude oil and natural gas from sandstone and shale formations that are sometimes thousands of feet below the surface. • The drilling and completion process can last up to six months depending on the type of well. Afterward, the site is reclaimed and only a small amount of production equipment remains to bring oil or gas to the surface for many years.
  5. 5. Shale and Horizontal Drilling • Shale formations such as the Marcellus, the Utica and the Bakken promise to make America energy-independent within a decade or two. • Producing oil and gas from these formations requires a larger investment, but Penneco and its energy industry partners understand the importance of shale to our nation and are readily meeting the challenge.
  6. 6. Investing Forward • Penneco believes that investments in domestically produced oil and gas provide a path forward for a revitalization of America’s economy and a secure future for our nation.
  7. 7. Contact Us • Our Website: www.penneco.com

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