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Oil drilling is a complex process that involves the drilling and pumping of oil from underground wells. Modern oil geologists examine surface rocks and terrain, with the help of satellite images. They also use a variety of other methods to find oil. They can use sensitive gravity meters to measure tiny changes in the Earth's gravitational field that could indicate flowing oil, as well as sensitive magnetometers to measure tiny changes in the Earth's magnetic field caused by flowing oil. They can detect the smell of hydrocarbons using sensitive electronic noses called sniffers. Finally, and most commonly, they use seismology, creating shock waves that pass through hidden rock layers and interpreting the waves that are reflected back to the surface.
Crude oil and other liquids produced from fossil fuels are refined into petroleum products that people use for many different purposes. Biofuels, such as ethanol and biodiesel, are also used as petroleum products, mainly in mixtures with gasoline and diesel fuel. The United States consumes more energy from petroleum than from any other energy source. In 2015, total U.S. petroleum consumption was about 19 million barrels per day (b/d), In 2015, nearly three-fourths of total U.S. petroleum consumption was in the transportation sector.
The Annual Energy Outlook 2016 established by The U.S. Energy Information Administration projects that U.S. consumption of petroleum and other liquids will average around 20 million b/d through 2040. Petroleum and other liquids continue as the main fuels for the transportation sector. Consumption of petroleum and other liquids are projected to increase in the commercial and industrial sectors and decrease in the residential and transportation sectors.
The future and energy independence of our country requires abundant flow of Fuel that Renewables will not be able to supply before 2100 according to the EIA.
L6NRG, LLC. is an independent Oil & Gas company, Montana based corporation that is acquiring assets in the continental USA with an emphasis on the Rockies: Colorado, Utah, Montana, North Dakota and Wyoming. L6NRG acquired about 200 royalty & working interests in wells located in the continental USA. L6NRG has also a portfolio of Land located in the Rockies.
L6NRG was organized by management and Libra6 Management, Corp
Libra6 Management is a family Office investing in Alternative Technology, Chemicals, O&G among other investments. Libra6 Management is controlled by Management of L6NRG.
L6NRG is an independent energy company currently concentrating on US based Oil & Gas from the Rockies.
L6NRG, multi-cultural management team has over 50 years of successful experience in the Chemical and Petroleum industry.
L6NRG is self-funding its operations and acquisitions and also used partnerships.