[MaxMax]

Gulf oil were drilling wells all over OK and TX from the 80's well into
the 90's. Many people working those fields told me outright that the wells
were being found and capped for no apparent reason and they didn't understand it.
Most were frustrated by it also because of the assumed hyperboyle of the so called
fossil fuel myth.

In case you don't know, Fossil Fuel was a disinformation
campaign propagated
by the very same people against Coal whereas the oil was derived from
Dinosaurs and would run out. The exact opposite is true and oil does replenish itself.
How long earth pressures take to create said oil is not yet known
but it has been simulated and recreated.

[Gill]

its called abiotic oil ,a never ending replenishing supply the Russians came out with the theory years ago, but was never widely accepted in us.

[ckilmer]

Gulf oil were drilling wells all over OK and TX from the 80’s well into
the 90’s. Many people working those fields told me outright that the wells
were being found and capped for no apparent reason
............
its always economics. Oil prices collapsed in the late 80’s and 90’s. The price was too low and the technology wasn’t good enough.

Now the price is great the technology is much much better.

You can believe those same wells are being turned on now.

[Dusty Road]

“Gulf oil were drilling wells all over OK and TX from the 80’s well into
the 90’s. Many people working those fields told me outright that the wells
were being found and capped for no apparent reason and they didn’t understand it.”

Horse Spit!
Gulf was one of my biggest customers back then.