Posted on 07/18/2011 10:57:21 AM PDT by thackney
No! Evil! Fire BAD!
These dumbasses still don’t get it, do they? Obama and his Envirofascists will never, ever, EVER allow domestic drilling again until the cities go dark.
Perhaps you don’t get it. This is drilling going on right now.
There are numerous shallow fields where as I don't think people have bothered to look deeper.
The example was the Carlsbad Field (Tom Green county) in the early 80's. It was producing at 8K ft since the 50's until a independent came in 30 years latter and found another zone below at 10K ft of the same size and reserve.
About 60 completions were achieved and drilling moved elsewhere with out anyone looking for what was below that second zone.
The old Ranger Field has been worked to death at the 4-5K ft depth with little information of what's below that zone. Every few years one might see a lone thumper truck working a small lease but nothing on a larger scale.
The permian basin is pretty mature and probably a good place for small operators that can use poor boy type solutions. They can get by with used tubing courtesy of the majors and probably the operations folks get a percent which means they work 360 days a year for a big payout. More effecient that a big company with armies of technical experts that go around and around the bush and never make decisions.
I dont know what kind of flowrates they have from wells, but you got to have a good rate to pay for all that cutting edge Schlumberger logging. And a Baker centrilift will probably cost you 500K. Nice to see that they can justify those costs there based on deliverability.
Words are too limited to describe the one-track ignorance in some around here.
It reminds me of the Marcellus Shale and the flack we are getting from our very vital Fracking agenda.
I think a small lizard is going to hold this up.
The costs have come down dramatically because of it.
Permian Basin is seeing development into Woodford and Wolfcamp shale fields similar to the Bakken and Eagle Ford. The game is changing.
There are several of the bigger companies putting money into the Permian Basin at this time.
US Permian Basin hosts new rush for black gold
http://www.ft.com/cms/s/0/69c8c4c0-9db9-11e0-b30c-00144feabdc0.html#axzz1SU7EXCW1
PERMIAN BASIN DRILLING REPORT: WEEK OF JULY 17, 2011
http://www.oaoa.com/news/approved-68710-number-commission.html
I certainly hope so. I'm not an expert, nor claim to be. I was under the impression PB had played out years ago, but I am sure I am wrong about that. It's just costing more to get the stuff out of the ground.
US oil recovery: Permian Basin sees reversal of fortune
http://www.ft.com/intl/cms/s/0/0cdabaf6-a053-11e0-a115-00144feabdc0.html#axzz1SU7EXCW1
From the article;
[Operators have coined the term “Wolfberry” to denote the combined Spraberry and Wolfcamp target intervals of interbedded shales and carbonates encountered at depths ranging from 7,000 to 10,500 ft, Fig. 2.]
Is this close to the Ranger field you describe?
my son started work in the Permian Basin this spring, so drill baby drill!
Active Permian Basin Rig count as of about a week ago = 421
http://fuelfix.com/blog/2011/07/10/permian-basin-rig-count-710/
I the last year alone, I have seen and been a part of several new methods or procedures that have doubled our success and production/recovery rates.
A friend of mine was mentioning some movie his neighbor got at the library, and had a party to watch it. All about the evils of fracking and the “witches brew” of chemicals. And how Cheney got the EPA rules lifted for the chemicals. Interviews with sickly people from their now tainted water wells, etc.
It sounded like some liberal crap linked together with some stories. I really don’t have the time to pursue it, but any two-cent comments? When I worked in the oil field for a couple of summers in college, it was a big deal if you parked your truck outside the designated parking area for fear of environmental damage. Hard to believe that the rules would be relaxed so far as the movie claims.
Debunking GasLand (the movie)
http://www.energyindepth.org/2010/06/debunking-gasland/
This link cite specific false statements, where they occur in the movie, and documents how they are false.
Cornyn amendment would halt Permian Basin lizard listing
http://fuelfix.com/blog/2011/06/07/cornyn-amendment-would-halt-lizard-listing/
Jun 7, 2011
New Fish and Wildlife director agrees to review sand dune lizard listing
http://www.mywesttexas.com/local_newsroom/article_a96c66fb-0e39-5da3-84d5-a43f5e05be70.html
July 1, 2011
Thanks a bunch for the link - will send it along to my friend.
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