Subj : Gas Crunch
To   : Frank
From : Deuce
Date : Tue Aug 30 2005 23:49:00

  Re: Gas Crunch
  By: Frank to Deuce on Tue Aug 30 2005 20:30:00

 >  > But yes, there are MANY capped oil wells... they're jsut not worth reopen
 >  > yet.
 > 
 >    Well, I have old wells that are weak producers but they are just shut in.
 >   they'll be drilled deeper or plugged. I don't understand why you would plu
 >   a well if you ever thought you may produce it again. It would mean bringin
 >   in a Rig and drilling it back out. I know of well's that are light crude
 >   producers that don't get pumped when oil prices are down but I wouldn't
 >   think these taken as a whold across the land could have that much of an
 >   impact on supply.

You cap a well because the $30,000 it costs to cap it is less than you stand to
loose in maintenance from keeping it idle until it's worth working it again. 
Drilling through concrete is quite a bit easier than drilling through rock (get
your drill and try it!)  Redrilling a capped well costs about 1/10th what it
costs to drill a new one.

The OTHER reason they get capped is that the pressure is gone... the only way
the pressure will return is if it's not leaking.  I think you can figure it out
from there.

You simply must wait for the pressure to build back up.  Quite often, drilling
depper won't help in the slightest.

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