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To: crusty old prospector

It did when I was in the business, a few decades ago. Maybe its different now.


103 posted on 08/06/2025 1:30:45 PM PDT by silent majority rising (When it is dark enough, men see the stars. Ralph Waldo Emerson)
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To: silent majority rising

It depends on the area and if there is a refinery that can use it. It usually fetches around 80% of the crude oil price. But nonetheless, it is more valuable than the worthless natural gas. The problem is that the deeper you go, the leaner the gas. We drilled a well a few years ago down around 16,000’. It made 20 MMCFG a day. 94% methane and 6% CO2.


105 posted on 08/06/2025 1:43:14 PM PDT by crusty old prospector
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