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class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-and-gas-investment-opportunities/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Projects</span></a></li><li id="menu-item-2126" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-2126 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/operations/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Areas of Interest</span></a></li><li id="menu-item-3132" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-3132 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" title="Texas Oil Well Photos & Videos" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Photos & Videos</span><i class="ubermenu-sub-indicator fas fa-angle-down"></i></a><ul class="ubermenu-submenu ubermenu-submenu-id-3132 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-8067" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-8067 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/life-cycle-of-an-oil-well/"><span class="ubermenu-target-title ubermenu-target-text">Life Cycle of an Oil Well</span></a></li><li id="menu-item-4654" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4654 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/3d-rig-tour/"><span class="ubermenu-target-title ubermenu-target-text">Oil Rig 3D Virtual Tour</span></a></li><li id="menu-item-7222" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-7222 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/what-is-a-blowout-preventer/"><span class="ubermenu-target-title ubermenu-target-text">What is a blowout preventer?</span></a></li><li id="menu-item-4652" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4652 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/multi-formation-vertical-well-drilling-animation/"><span class="ubermenu-target-title ubermenu-target-text">Multi Formation Vertical Well Drilling Animation</span></a></li><li id="menu-item-4655" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4655 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/well-log-animation/"><span class="ubermenu-target-title ubermenu-target-text">Well Logging Animation</span></a></li><li id="menu-item-4656" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4656 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/salt-water-disposal-animation/"><span class="ubermenu-target-title ubermenu-target-text">Saltwater Disposal Wells Video Animation</span></a></li><li id="menu-item-4663" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4663 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/drilling-haskell-east-1-haskell-county-tx/"><span class="ubermenu-target-title ubermenu-target-text">Drilling Haskell East # 1 well</span></a></li><li id="menu-item-4662" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4662 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/dexter-trinidad-drilling-rig-houston-county/"><span class="ubermenu-target-title ubermenu-target-text">Dexter Trinidad Drilling Rig</span></a></li><li id="menu-item-4842" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4842 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/drilling-the-noodle-canyon-1-in-jones-county-texas/"><span class="ubermenu-target-title ubermenu-target-text">Noodle Canyon #1</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fas fa-times"></i> Close</li></ul></li><li id="menu-item-2334" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-current-page-ancestor ubermenu-current-menu-ancestor ubermenu-current-menu-parent ubermenu-current-page-parent ubermenu-current_page_parent ubermenu-current_page_ancestor ubermenu-item-has-children ubermenu-item-2334 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Resources</span><i class="ubermenu-sub-indicator fas fa-angle-down"></i></a><ul class="ubermenu-submenu ubermenu-submenu-id-2334 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class="ubermenu-target-title ubermenu-target-text">Oil and Gas Facts – #QuickFacts</span></a></li><li id="menu-item-6343" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-6343 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/self-directed-iras/"><span class="ubermenu-target-title ubermenu-target-text">Self-Directed IRA Alternative Investments</span></a></li><li id="menu-item-4002" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4002 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/oil-and-gas-glossary/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Glossary of Terms</span></a></li><li id="menu-item-4003" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4003 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/common-abbreviations/"><span class="ubermenu-target-title ubermenu-target-text">Common Abbreviations</span></a></li><li id="menu-item-9982" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-current-menu-item ubermenu-page_item ubermenu-page-item-9777 ubermenu-current_page_item ubermenu-item-9982 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/oil-and-gas-industry-quiz/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Industry Quiz</span></a></li><li id="menu-item-24660" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-24660 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/what-is-a-qib/"><span class="ubermenu-target-title ubermenu-target-text">QIB Definition</span></a></li><li id="menu-item-27590" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-27590 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/tax-deduction-calculator/"><span class="ubermenu-target-title ubermenu-target-text">Tax Deduction Calculator</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fas fa-times"></i> Close</li></ul></li><li id="menu-item-5288" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-5288 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Consulting</span><i class="ubermenu-sub-indicator fas fa-angle-down"></i></a><ul class="ubermenu-submenu ubermenu-submenu-id-5288 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-5293" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5293 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/oil-and-gas-investment-evaluation/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Investment Evaluation</span></a></li><li id="menu-item-5292" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5292 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/geologic-field-appraisal/"><span class="ubermenu-target-title ubermenu-target-text">Geologic Field Appraisal</span></a></li><li id="menu-item-5291" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5291 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/field-revitalization/"><span class="ubermenu-target-title ubermenu-target-text">Field Revitalization – Rework Oil Wells</span></a></li><li id="menu-item-5289" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5289 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/submitting-an-investment-opportunity-evaluation-request/"><span class="ubermenu-target-title ubermenu-target-text">Investment Evaluation Request</span></a></li><li id="menu-item-5290" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5290 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/oil-gas-industry-consulting-services/submitting-a-prospect-review-request/"><span class="ubermenu-target-title ubermenu-target-text">Submit Prospect Review Request</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fas fa-times"></i> Close</li></ul></li><li id="menu-item-11034" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page 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<div class="row"> <div class="col-lg-12 col-md-12" style="margin-top:18px;"> <p>How much do you know about oil and gas? Test your knowledge with our oil and gas industry quiz. Answers are multiple choice (MCQS). Take a sheet of paper and write down your answers. When you have finished answering all the trivia questions, please Like, Share, or Tweet the post and share with others how you scored. Have fun and tell your industry friends about the quiz too!</p> <p><a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-52600427_s.jpg" data-rel="lightbox-image-0" data-rl_title="" data-rl_caption="" title=""><img class="aligncenter size-full wp-image-24470" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-52600427_s.jpg" alt="Oil and Gas Quiz" width="799" height="599" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-52600427_s.jpg 799w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-52600427_s-300x225.jpg 300w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-52600427_s-768x576.jpg 768w" sizes="(max-width: 799px) 100vw, 799px"/></a></p> <hr> <p>1. Fill in the blank:  ___________ is steel pipe that screws together and is lowered into the hole after drilling is complete. It is used to seal off fluids and keeps the hole from caving in.</p> <p style="padding-left: 30px;">a. Flow Line</p> <p style="padding-left: 30px;">b. Surface Pipe</p> <p style="padding-left: 30px;">c. Casing</p> <p style="padding-left: 30px;">d. Tubing</p> <p>2. On January 10, 1901, a gusher erupted in an oil well being drilled near Beaumont, Texas by mining engineer, Captain A. F. Lucas. This gusher spewed oil for nine days before it was brought under control. What was the name of the hill where this well was located?</p> <p style="padding-left: 30px;">a. Hill 937</p> <p style="padding-left: 30px;">b. Bakken</p> <p style="padding-left: 30px;">c. Spindletop</p> <p style="padding-left: 30px;">d. Eagle Ford</p> <p><a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/investing-in-oil-wells/"><img loading="lazy" class="aligncenter size-full wp-image-27507" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/now-is-the-time-to-invest-in-oil.jpg" alt="Learn Why Now Is the Time to Invest In Oil" width="728" height="40" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/now-is-the-time-to-invest-in-oil.jpg 728w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/now-is-the-time-to-invest-in-oil-300x16.jpg 300w" sizes="(max-width: 728px) 100vw, 728px"/></a><br/> 3. Who is the oil well firefighter made famous in the 1968 film Hellfighters starring John Wayne?</p> <p style="padding-left: 30px;">a. Red Buttons</p> <p style="padding-left: 30px;">b. “Boots” Hansen</p> <p style="padding-left: 30px;">c. “Coots” Matthews</p> <p style="padding-left: 30px;">d. Red Adair</p> <p><img loading="lazy" class="alignright wp-image-9788" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-4-300x265.jpg" alt="Oil and Gas Industry Quiz - Question 4" width="200" height="177" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-4-300x265.jpg 300w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-and-gas-quiz-4.jpg 500w" sizes="(max-width: 200px) 100vw, 200px"/>4. What is the name of the equipment pictured to the right?</p> <p style="padding-left: 30px;">a. Blowout Preventer</p> <p style="padding-left: 30px;">b. Gate Valve</p> <p style="padding-left: 30px;">c. Containment Dike</p> <p style="padding-left: 30px;">d. Flow Line</p> <p>5. What is the name of the formation that occupies approximately 200,000 square miles of the subsurface of the Williston Basin and is beneath parts of Montana, North Dakota, Saskatchewan, and Manitoba?</p> <p style="padding-left: 30px;">a. Big Valley</p> <p style="padding-left: 30px;">b. Bakken</p> <p style="padding-left: 30px;">c. Spearfish</p> <p style="padding-left: 30px;">d. Torquay</p> <p>6. What is the dominant component of natural gas?</p> <p style="padding-left: 30px;">a. Oxygen</p> <p style="padding-left: 30px;">b. Hydrogen</p> <p style="padding-left: 30px;">c. Methane</p> <p style="padding-left: 30px;">d. Nitrogen</p> <p><a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><img loading="lazy" class="aligncenter size-large wp-image-27520" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1-1024x416.jpg" alt="Tax Deductible Investments - Reduce Your Overall Tax Burden" width="1024" height="416" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1-1024x416.jpg 1024w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1-300x122.jpg 300w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1-768x312.jpg 768w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1-1536x624.jpg 1536w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/tax-deductible-investments-1.jpg 1567w" sizes="(max-width: 1024px) 100vw, 1024px"/></a></p> <p>7. What is the size of a standard barrel of oil in gallons?</p> <p style="padding-left: 30px;">a. 55</p> <p style="padding-left: 30px;">b. 42</p> <p style="padding-left: 30px;">c. 159</p> <p style="padding-left: 30px;">d. 26</p> <p>8. Which country is NOT currently a member of OPEC?</p> <p style="padding-left: 30px;">a. Saudi Arabia</p> <p style="padding-left: 30px;">b. Angola</p> <p style="padding-left: 30px;">c. Nigeria</p> <p style="padding-left: 30px;">d. Brazil</p> <p>9. What country was the top oil producing country in 2021?</p> <p style="padding-left: 30px;">a. Saudi Arabia</p> <p style="padding-left: 30px;">b. Russia</p> <p style="padding-left: 30px;">c. United States</p> <p style="padding-left: 30px;">d. China</p> <p>10. About how many gallons of gasoline are produced from one barrel of crude oil?</p> <p style="padding-left: 30px;">a. 55</p> <p style="padding-left: 30px;">b. 19</p> <p style="padding-left: 30px;">c. 42</p> <p style="padding-left: 30px;">d. 5</p> <p>11. What is the top oil-producing state in the United States as of May 2022?</p> <p style="padding-left: 30px;">a. Colorado</p> <p style="padding-left: 30px;">b. North Dakota</p> <p style="padding-left: 30px;">c. New Mexico</p> <p style="padding-left: 30px;">d. Texas</p> <p>12. As of March 2022, which state in the United States had the highest effective gasoline tax?</p> <p style="padding-left: 30px;">a. California</p> <p style="padding-left: 30px;">b. Illinois</p> <p style="padding-left: 30px;">c. New Jersey</p> <p style="padding-left: 30px;">d. Pennsylvania</p> <p>13. What is the date that drilling begins on a well known as? <script type="application/ld+json"> { "@context": "https://web.archive.org/web/20230921092728/https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is the date that drilling begins on a well known as?", "acceptedAnswer": { "@type": "Answer", "text": " The date that drilling begins on a well is called the spud date. " } } ] } </script> <p style="padding-left: 30px;">a. Start Date</p> <p style="padding-left: 30px;">b. Spud Date</p> <p style="padding-left: 30px;">c. Drill Date</p> <p style="padding-left: 30px;">d. Cap Date</p> <p>14. What is a well drilled in an area without previous oil or gas production known as?</p> <p style="padding-left: 30px;">a. Wildcat</p> <p style="padding-left: 30px;">b. Tomcat</p> <p style="padding-left: 30px;">c. Newbie</p> <p style="padding-left: 30px;">d. Offset Well</p> <p>15. What state in the United States has the most operating oil refineries as of 2022?</p> <p style="padding-left: 30px;">a. Louisiana</p> <p style="padding-left: 30px;">b. Texas</p> <p style="padding-left: 30px;">c. North Dakota</p> <p style="padding-left: 30px;">d. California</p> <p><a href="https://web.archive.org/web/20230921092728/https://www.txoilinvestments.com/" rel="attachment wp-att-9280"><img loading="lazy" class="aligncenter wp-image-9280 size-full" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></p> <h3><a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/wp-content/uploads/oil-quiz.png" data-rel="lightbox-image-1" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignright wp-image-9989 size-medium" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz-300x130.png" alt="Oil and Gas Quiz" width="300" height="130" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz-300x130.png 300w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz.png 600w" sizes="(max-width: 300px) 100vw, 300px"/></a>Oil and Gas Industry Quiz Answers</h3> <p>1. <strong>c</strong> – casing    <a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/oil-and-gas-glossary/" rel="noopener">Click here</a> for more info.</p> <p>2. <strong>c</strong> – Spindletop    <a href="https://web.archive.org/web/20230921092728/http://texasalmanac.com/topics/business/history-oil-discoveries-texas" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>3. <strong>d</strong> – Red Adair     <a href="https://web.archive.org/web/20230921092728/https://en.wikipedia.org/wiki/Hellfighters_%28film%29" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>4. <strong>a</strong> – Blowout Preventer     <a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/photos-videos/what-is-a-blowout-preventer/" rel="noopener">Click here</a> for more info.</p> <p>5. <strong>b</strong> – Bakken     <a href="https://web.archive.org/web/20230921092728/https://en.wikipedia.org/wiki/Bakken_Formation" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>6. <strong>c</strong> – Methane     <a href="https://web.archive.org/web/20230921092728/https://en.wikipedia.org/wiki/Natural_gas" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>7. <strong>b</strong> – 42     <a href="https://web.archive.org/web/20230921092728/https://sizes.com/units/barrel_petr.htm" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>8. <strong>d</strong> – Brazil     <a href="https://web.archive.org/web/20230921092728/https://en.wikipedia.org/wiki/OPEC" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>9. <strong>c</strong> – United States     <a href="https://web.archive.org/web/20230921092728/https://worldpopulationreview.com/country-rankings/oil-producing-countries" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>10. <strong>b</strong> – 19     <a href="https://web.archive.org/web/20230921092728/https://www.eia.gov/tools/faqs/faq.cfm?id=327&t=9" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>11. <strong>d</strong> – Texas     <a href="https://web.archive.org/web/20230921092728/https://worldpopulationreview.com/state-rankings/oil-production-by-state" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>12. <strong>a</strong> – California     <a href="https://web.archive.org/web/20230921092728/https://www.statista.com/statistics/509649/us-states-with-highest-gas-tax-and-prices/" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p>13. <strong>b</strong> – Spud Date     <a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/oil-and-gas-glossary/" rel="noopener">Click here</a> for more info.</p> <p>14. <strong>a</strong> – Wildcat     <a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/oil-and-gas-glossary/" rel="noopener">Click here</a> for more info.</p> <p>15. <strong>b</strong> – Texas     <a href="https://web.archive.org/web/20230921092728/https://en.wikipedia.org/wiki/Petroleum_refining_in_the_United_States" target="_blank" rel="noopener noreferrer">Click here</a> for more info.</p> <p><a href="https://web.archive.org/web/20230921092728/https://www.facebook.com/arescolp/" rel="noopener"><img loading="lazy" class="aligncenter wp-image-17060 size-full" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px"/></a></p> <hr> <h2>Check out more of our <a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/og-education-resources/">Oil & Gas Industry Resources</a></h2> <hr> <h4><a href="https://web.archive.org/web/20230921092728/https://www.arescotx.com/wp-content/uploads/oil-quiz-02.png" rel="attachment wp-att-10107" data-rel="lightbox-image-2" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignright size-full wp-image-10107" src="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz-02.png" alt="Oil and Gas Quiz" width="450" height="614" srcset="https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz-02.png 450w, https://web.archive.org/web/20230921092728im_/https://www.arescotx.com/wp-content/uploads/oil-quiz-02-220x300.png 220w" sizes="(max-width: 450px) 100vw, 450px"/></a>Oil and Gas Quiz Grades</h4> <p>Number of Correct Answers</p> <p>15 – A+ 100% – Oil and Gas Industry Expert</p> <p> </p> <p>14 – A 93%</p> <p> </p> <p>13 – B+ 87%</p> <p> </p> <p>12 – B 80%</p> <p> </p> <p>11 – C 73%</p> <p> </p> <p>10 – D 67%</p> <p> </p> <p>Below 10 – F</p> <p> </p> <p> </p> <span class="cp-load-after-post"></span> </div> </div> </div> <div id="footer"> <div class="container"> <div class="row" id="newdisclaimer"> <div class="col-md-12"> <p>This is not an offer to sell nor solicitation of an offer to buy any security. 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