Oil tycoon? how in the world...?

Question

does anyone know how that works? You own a land that has oil??? is that what it is or is there more to that?

Answer 1

An Oil tycoon is anyone who makes money from oil - either from land ownership, or owning/operating the equipment, or speculating on it.  My uncle is an oil tycoon, and all he does is know everything about the oil business - he is a consultant and makes millions.  The process is first, a "wildcat" oil drilling operation negotiates with a land owner for a percentage of profit if oil is discovered.  Then the wildcatter uses ground sonar scans and drills test wells to find the oil(that's all a wildcat driller does - locate oil deposits).  Then the wildcatter negotiates with a big operator such as Shell to have their crews and equipment pump it out and transport it.  Usually, the wildcatter negotiates everything in advance, but sometimes the wildcatter can be sneaky and buy the land before the owner knows what it's worth, after oil is located on it.

Answer 2

There is alot of ripoffs of the tycoon games. I have rock tour tycoon and it sucked so I figure this probably is boring as well

Answer 3

Ask Bush's friends in 'high places'.