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bigbenorr

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  • Fracking study blames poor well construction for tainted water [View news story]
    about 10,000 - 15,000 earthquakes of this magnitude (4.0-4.9) occur each year.

    "Noticeable shaking of indoor objects and rattling noises. Felt by most people in the affected area. Slightly felt outside. Generally causes none to minimal damage. Moderate to significant damage very unlikely. Some objects may fall off shelves or be knocked over."
    Sep 17, 2014. 04:06 PM | Likes Like |Link to Comment
  • Fracking study blames poor well construction for tainted water [View news story]
    by the way a 3.0 earthquake can't even be felt except on a seismometer, its certainly not going to break 110ksi MYS steel and cement. Casing damage can be a problem but its generally deeper and there are methods of detecting and repairing.
    Sep 17, 2014. 03:50 PM | Likes Like |Link to Comment
  • Fracking study blames poor well construction for tainted water [View news story]
    Think about the price differential between oil and gas, plus the fact that your wells are producing far more oil than gas. You are not missing much. A much bigger factor on your royalty payments is the price discount that domestic crude trades at due to lack of pipelines. The blocking of Keystone XL is costing you much more than the flares.
    Sep 17, 2014. 03:46 PM | Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Im not saying every well is the same up there. (although most are 90% oil) I am sure there are some good gas producers that merit the pipeline cost. But in cases where they are flaring, the gas is obviously not worth a pipeline.

    for perspective, Marcellus production is about 15 BCF/day vs the Bakken 1.5 BCF. Gas is not the target here.
    Sep 17, 2014. 10:35 AM | Likes Like |Link to Comment
  • Fracking study blames poor well construction for tainted water [View news story]
    Texas is ahead of the curve on this,

    http://bit.ly/1t9NRaS


    "For wells undergoing hydraulic fracturing, operators will be required to pressure test well casings to the maximum pressure expected and to notify the commission of a failed test."
    Sep 16, 2014. 08:00 PM | 4 Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Its going to happen, just a matter of time.
    Sep 16, 2014. 03:33 PM | Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    the problem with pressurizing the formation, which is essentially what you do when fracking, is that the pressure will create cracks but will "break" the formation at the weakest point, or find the path of least resistance, once you have created that flow path, all your injection fluid will follow it, leaving large areas of intact formation which still contain oil, but trapped in tight rocks....
    Sep 16, 2014. 02:42 PM | Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Yes I agree, but in this case how do you inject? Your injection fluid can't push the oil without permeability. Need something to break up that rock more (fracking still leaves most of the formation intact), or maybe increase the temperature for slicker flow. Hard to do at 10,000 feet. Figure it out and you could make some money for sure.
    Sep 16, 2014. 11:08 AM | 1 Like Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    "An alternative would be to reinject the gas into the reservoir to maintain pressure. This was done on the North Slope, but I am not sure that it is feasible in a shale reservoir. "

    Stvrob: I think EOR will be huge in the Bakken in 10 years or so. That said, there are technical challenges... e.g. low permeability
    Sep 16, 2014. 10:41 AM | 1 Like Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Look, if you want nat gas to stop being wasted then you need to start using it instead of oil, that is the central reason why gas is flared. People use oil far more than gas and therefore it commands a premium price. This is shifting somewhat since large companies are finding they can cut manufacturing costs by using a cheaper energy source but parity is still a long way off.

    Yes i know it is hard to find vehicles that use gas. I guess the best option is probably a Tesla which is using gas via the electric grid but then you lose range and capability. My point is that stopping flares is not going to solve anything, basically you need to find more uses for the gas.
    Sep 16, 2014. 10:37 AM | 2 Likes Like |Link to Comment
  • BP to cut 275 jobs in Alaska after oil field disposals [View news story]
    I wouldn't worry about these guys, they probably all have multiple job offers already.
    Sep 16, 2014. 10:31 AM | Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Regarding the flares, I worked in ND for 2 years. The flares are very small on the older wells, and honestly they aren't that big even at the start when compared to GoM.
    Sep 16, 2014. 10:24 AM | 1 Like Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    The Bakken is not a high pressure reservoir. It is a low permeability shale formation. They have to put those wells on pumps after the initial pressure bump from the frac wears off.
    Sep 16, 2014. 10:16 AM | 1 Like Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Gas was very expensive in 2008, and very cheap in 2012
    Sep 16, 2014. 08:30 AM | Likes Like |Link to Comment
  • North Dakota oil output jumps to new highs even as flaring rule changes loom [View news story]
    Avg daily nat gas consumption in the US is about 70 BCF per day, or 70,000 million cubic feet. This is a drop in the bucket.
    Sep 15, 2014. 07:08 PM | 2 Likes Like |Link to Comment
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