Logan: Devon Energy Production Co. LP; Friend 3-19N-4W No. 1WH Well; SW1/4 SW1/4 SW1/4 SW1/4 of 03-19N-04W; 78 barrels oil per day, 167,000 cu-ft gas per day; TD 11,231.
Logan: Slawson Exploration Co. Inc.; Finch No. 1-22H Well; NW1/4 NE1/4 NE1/4 NW1/4 of 27-17N-03W; 76 barrels oil per day, 174,000 cu-ft gas per day; TD 11,135.
Slawson Exploration Co. Inc.; Flamingo No. 1-12H Well; NW1/4 NW1/4 NW1/4 NW1/4 of 13-18N-04W; 162 barrels oil per day, 267,000 cu-ft gas per day; TD 10,383 Well.
Liz Are you going just to watch a hearing or for a hearing on a special tract ?
Ron, Any production figures on Penn 32-19N-3W, Devon? Thanks
Kaye, I had lunch with a guy who once worked for PetroLogistics in Houston and we discussed the Koch’s buying PetroLogistics on 6/3/2104 to develop propane fracking gel which will replace hydraulic fracking. Oil and Gas is where the Koch’s started and they are still right in the middle of it. You just can’t always see them. Flint hills is the name of their company that bought PetroLogistics.
http://www.bizjournals.com/wichita/blog/2014/06/petrologistics-inve…
Also, less than 2% of all wells drilled today are dry holes. Back in the 80’s an 85% success rate was considered to be highly successful. Most of my report postings are long hard reading, but this one is mostly pictures and it’s amazing. Enjoy
Martha, Thank you! I read something before about the fracking gel, but thought it said, something about being too costly. I’ll have to read the other a little later since, I’ve been reading all day long and my eyes just won’t stay open any longer! Lol
Anyone want to go to a OCC hearing with me? If you do email me. Thanks
Kaye, DOW chemical and other major chem companies are also building and converting facilities to produce all kinds of new ‘gas assist’ chemicals and gels. I didn’t post all the articles, because it’s overwhelming. The applications are endless. The US is going to use dry and liquid gas for everything imaginable. My friend, who is an advisor for a large financial institution, did the math on Koch’s purchase and found they did not pay a premium for PetroLogistic.
Kaye, Gel propane…'despite being used around 1000 times in Canada and the US since first being tested three years ago, little data on the application of the technology has been made publicly available. In such a highly competitive industry, producers do not want to disclose its potential benefits. One perceived drawback of fracking by propane-based LPG is that initially it can cost 20-40 per cent more than water fracking. ‘In reality the costs are comparable when the life cost of the well is considered,’ says Mr LeBlanc. 'Fracturing with water also yields an ongoing cost for water handling and water disposal. ’ (I don’t know what the new EPA rules and regs will be on water frac, but they could make the gel look cheap.)
http://www.rsc.org/chemistryworld/News/2011/November/15111102.asp
alas, Liz, I would love to but school has all of me tied up in music and sound production right now. Until August. However, if they ever hold one in El Paso, where I could also get the very best steak I have ever had anywhere, at the Cattlemen’s Steak House, I would cancel out school in a minute. LOL
It is going to be interesting to see if the ban on fracking in Beverly Hills, California picks up steam. I do not see how any administration either Oklahoma or US can even think of being the number one producer of oil and natural gas without fracking? But I am not going to owrry about the politics of it because I am busy printing up my VOTE FOR SUSAN RICE FOR PRESIDENT signs for the next NE.
Liz, when’s the hearing? I’ll be in OK June 18 - 21.
“Increases in U.S crude oil production comes from light, sweet crude from tight formations.” (2011 - 2014 data -2015 projections data)
Rosemary Jan. was 11,716 MCF of gas and 6,147 BO
“owrry” , it is Bedenkohe jibberish meaning worry too much…
Ron, I noticed the test data indicated a flowing well and not pumped or artificially lifted. Does that usually indicate a more productive well?
WSJ reports 6/10/2014 -“The market for large crude oil tankers is booming after four years of decline with owners scrambling to add new ships to their fleets on low construction prices and as talk in the U.S. intensifies to reverse a ban on crude oil exports for the first time since 1975.”
http://live.wsj.com/video/fleets-scramble-to-add-crude-oil-tankers/…!71F7B61D-C7E0-4EA5-A53A-DDEB12E64271
Martha, thanks, I was hearing that super tankers have already been pooped out of shipyards all over the world for months now. I guess we can’t be happy with just fracking Oklahoma, we gotta start fracking the Oceans now. Oh woe is us.
Surface owners should pay close attention to soil farming on your land. The OCC allows O/G companies to dispose (from dump trucks) drilling fines in designated soil farm areas, then cover the drilling fines with top soil, so there are OCC & EPA rules and regs on soil farming. However, the black shales in our area have a high uranium content and oil, so the fines have to be buried deeper and covered with much more top soil than is required in areas where the shale is not as uranium and oil rich. I was told a dump truck carrying drilling fines spilled on Peach Road in W Payne Co and it contained more than the 2% waste oil allowable and very black shale fines. The spill was reported to the drilling company and the OCC, but the company quickly scooped up the spill, so no environmental test was completed on the spill. If you have a Payne Co soil farm on your land or own land adjacent to such a farm Contact OCC Payne County Field Inspector Stanley Longan @ 918-605-9840. If you own land in other counties contact the OCC @ 918-367-3396 for the OCC Field Inspector for your County. You may want to report all spills to your OCC field inspector for testing before it is cleaned up by the drilling company.