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The pumpjack, such as this one located south of Midland, is a common sight in West Texas. An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface.
PT Bumi Resources Tbk is one of the largest mining companies in Indonesia and is structured as a holding company. [3] In the 2012 Forbes Global 2000, Bumi Resources was ranked as the 1898th-largest public company in the world. [4] It is the biggest producer of thermal coal in Indonesia and is majority owned by the Bakrie Group. [5]