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Started By
Message
re: ExxonMobil: New Fracking Technology Can Double Oil Output
Posted on 6/5/23 at 2:12 pm to ragincajun03
Posted on 6/5/23 at 2:12 pm to ragincajun03
I wouldn’t necessarily call this a new technology. We have been refracing shale wells for almost a decade.
0
Posted on 6/5/23 at 2:14 pm to ragincajun03
What is the date? I heard similar things in the Permian in 2014. Just curious if they industry is now in a position to double what was being claimed in that era?
For anyone opposed to fracking...and I get it, environment and all that, as a people the world is still addicted to 19th century sources of energy and that is not going to change any time in the future. We have viable alternatives for a lot of demand...nuclear power is great but its hard to use in a vehicle going down the interstate...the damage done to the environment from fracking is no worse than any other exploitation of a natural resource and the damage done by using fossil fuels is still the best option and will be for many years. We either use oil, develop something as useful (and if it exists the market will do so eventually no matter what the oil companies and their lobbyists do to prevent it) or cut back on lifestyle. With that in mind I say drill, baby, drill...or pump baby pump. It ain't in my backyard and a LOT of people make a damn good living at it...
For anyone opposed to fracking...and I get it, environment and all that, as a people the world is still addicted to 19th century sources of energy and that is not going to change any time in the future. We have viable alternatives for a lot of demand...nuclear power is great but its hard to use in a vehicle going down the interstate...the damage done to the environment from fracking is no worse than any other exploitation of a natural resource and the damage done by using fossil fuels is still the best option and will be for many years. We either use oil, develop something as useful (and if it exists the market will do so eventually no matter what the oil companies and their lobbyists do to prevent it) or cut back on lifestyle. With that in mind I say drill, baby, drill...or pump baby pump. It ain't in my backyard and a LOT of people make a damn good living at it...
Posted on 6/5/23 at 2:18 pm to ragincajun03
quote:
Still unsure if you're being serious or not.
However, for anyone who questions surface disturbance, go fly over (or use Google Earth) to view a field that was developed with vertical wells vs. one developed with 2 mile horizontals and modern completions technology.
Also, operators are constructing 12-16 acre wells pads that are designed to facilitate 16-24 (maybe 28-32) horizontal wells in order to drill, complete, and produce multiple benches. As long as there's proper wellbore spacing, the fitting and consolidation is quite impressive.
No doubt the industry is doing what it can to maximize profit and maintain some semblance of balance with the environment...but at the end of the day unless we are willing to cut back on lifestyle like living without AC and driving tiny cars and growing most of what we eat like it was the 1920s its all just a nicety...we ain't willing and anyone who does not prefer to pay $2.59 per gallon than $3.29 is a damned fool...and most likely the least likely to be willing to cut back on their own lifestyle. Is it damaging> Probably. IS it more so than about 99% of what we do to maintain a modern lifestyle? Hell no it ain't....
Posted on 6/5/23 at 2:26 pm to Strannix
quote:
An 8 well superpad draining 4 square miles is a few acres. Then all that is left is a gravel square with some wellheads and a few tanks/vessels.
Lol have you seen the Permian basin? Its worthless desert.
Hell its been a worthless desert for a LOOOOONNNNNNGGGGGGGG time. Is it any more ugly today than it was a 500 years ago? I can't asnwer that but I can attest to the fact that damned thing is literally crawling with indigenous wild life and, when there is any rain at all the vegetation flourishes unlike anything anyone who has witnessed it has ever seen. Yes, it is more or less worthless....takes about 10 acres per cow unit to raise cattle, unless you are lucky enough to hit potable water close enought to the surface and then you might get by with a couple of acres per unit...or maybe grow some alfalfa....but most of the area is basically useless for anything other than oil and gas production. Always has been and will be again someday. Indians didn't even make aliving in the area because of the lack of water...they traversed it but they didn't stay in any area for long periods because there were better places to live.
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