Posted on 02/23/2021 10:49:30 PM PST by nickcarraway
Not even that’s right, most of us have several wells on one line before we hit the meter. I’ve got 13 wells on one meter in the back of the ranch. I don’t have one well with it’s own single meter, all tie into a common meter and that’s right before they feed into the gathering line. Each lease has it’s own meter.
Yes on multi hole wells this is correct but take my 6 wells on my property which are not multi hole and are spaced out over as much as a half a mile. Each have a pay meter.
In your case, most likely, they are producing Fromme the same zone and produce one type of crude. Mine produce from different strata so take two for instance, one produce drip and ng while the other produces medium crude and gas
All fields are different and you cannot base all your data on the Permian Basin or Eagleford
Of course you don’t mix zones, that’s no different than mixing lease’s, Railroad Commission takes a dim view of that.. Mixing a high 20 gravity with a 40 gravity is rather stupid and a money losing proposition, same goes with gas. With low grade oil H2s is usually it’s companion most of your gas companies won’t even take it anymore and it has to be flared off. None of this changes the fact that it only get’s graded at the first meter or before it gets hauled off by a truck. So have you quit trying to sell me on the idea that the Chinese would be capable of keeping their gas and oil separate from everybody else’s? I’ve drilled and put into production wells in 14 stats and two countries. I’m getting old and taking it easy now, I operate 72 wells on a 42 square mile ranch but I still have a fair knowledge about how the oil business functions.
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