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Onshore Oil is a type of oil production that takes place on land, as opposed to offshore oil production which takes place in the ocean. Onshore oil production is typically done through drilling, which involves the use of a drill bit to penetrate the earth and extract oil from the ground. This type of oil production is often used in areas where offshore production is not feasible due to environmental or economic reasons. Onshore oil production is also used to access oil reserves that are located in remote areas.
Onshore oil production is a major part of the global oil industry, and is used to meet the world's energy needs. It is also used to produce a variety of products, such as gasoline, diesel, and jet fuel. Onshore oil production is often subject to regulations and environmental standards, as it can have a significant impact on the environment.
Some of the major companies in the onshore oil market include ExxonMobil, Chevron, BP, Royal Dutch Shell, and Total. Show Less Read more