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Politics : Peak Oil reality or Myth, of an out of Control System -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (772)

5/23/2012 9:54:33 AM

From: robert b furman

Read Replies (1) | Respond to of 1580

An update from Texas ruff neck,while drinking beers at a campfire:

Interesting conversation with a ruff neck driller (retired from Shell) but still working.

EMISSIONS HAVE BEEN IMPOSED ON DRILLING FOR SHALE OIL.

Only so much natural gas can be flared off while extracting the oil.

There is more oil to extract at a faster rate but the flaring equipment can only handle so much oil production (the result of excess gas).

If more oil was pulled from the well it would have to be purged and not flared - a bit appealing but EPA monitors and will create problems.

Bottom line is shale is much more lucrative as far as barrels per day production but a longer /slower extraction is persued to avoid gas flaring to the environment.

THE OTHER ALTERNATIVE IS TO BUILD INFRASTRUCURE THAT RECOVERS THE GAS.

This is a big effort and part of why natural gas keeps coming out, with such big volumes.

The other dirty little secret that people do NOT talk about is coring and the OTHER layers of shale below the shale being tapped now.There is a large long term source of energy in multiples below what is being talked about.

Lastly the drill bits with hydraulics behind them push and steer the bit to an amazing degree of accuracy.

They leiterally go where they are wanted to be - great technology.

A little feed back from Houston area - from a sure enough ruff neck

Bob

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To: dvdw© who wrote (772)	5/24/2012 9:06:41 AM
From: dvdw©	Respond to of 1580

state lines.....interesting how the innovators have pushed total depth to near 4 miles......all a part of profiling, and why The Bakken Systems total potential exceeds most everyones wildest expectations....... In Richland County, Brigham Oil & Gas completed two wells. The Storvik 7-6 1H (SE SE 7-26N-59E) has six laterals, ranging in depth from 13,380 feet to 18,960 feet into the Bakken Formation. The Storvik had an IP of 1,857 BOPD; 1,256 Thousand Cubic Feet of Gas Per Day (MCFPD) and 4,789 BWPD. Brigham’s Glenn 28-33 1-H (NE NE 28-25N-58E) has two Bakken laterals and an IP of 1,260 BOPD; 827 MCFPD and 3,963 BWPD. The Total Depth of the Glenn is 19,894 feet. In Richland County, Continental Resources finished the Peterson 1-18H (NW NE 18-26N-55E). The Peterson has four Bakken laterals, varying in depth from 14,185 feet to 17,440 feet. Continental reported the well had an IP of 220 BOPD; 246 MCFPD and 285 BWPD.