3 ms·
> Much of that has to do with owning/having access to fleets of ships that are capable of bring you and your equipment to/from the right location on time. That
by anamax 16y ago
> Much of that has to do with owning/having access to fleets of ships that are capable of bring you and your equipment to/from the right location on time.
That's not the only way to build an oil company.
There are lots of folks who rent an on-shore drilling rig.
If you hit reasonable amounts of oil, transportation appears. Sometimes it's in the form of a guy who builds a pipeline from said small field to a place with better transportation.
Those are two of the many ways that folks have built oil companies without fleets of ships and the like. (It's not just "dirty work" - there are many tech opportunities in oil-relevant data analysis.)
For example, the only US billionare who died this year started his oil company with $10k and a pickup.