Subj : Gas Crunch
To   : Deuce
From : Frank
Date : Wed Aug 31 2005 02:47:00

  Re: Gas Crunch
  By: Deuce to Frank on Tue Aug 30 2005 11:49 pm

 >   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 reo
 >  >  > yet.
 >  >
 >  >    Well, I have old wells that are weak producers but they are just shut 
 >  >   they'll be drilled deeper or plugged. I don't understand why you would 
 >  >   a well if you ever thought you may produce it again. It would mean brin
 >  >   in a Rig and drilling it back out. I know of well's that are light crud
 >  >   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
 > 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 (
 > 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 wa
 > the pressure will return is if it's not leaking.  I think you can figure it 
 > from there.
 > 
 > You simply must wait for the pressure to build back up.  Quite often, drilli
 > depper won't help in the slightest.
 > 

   Ah, It works differently in my world.

   Were online selling, "Capped" wells make 0 dollars!

   Yea, I can figure it....

The Dark Castle BBS - thedarkcastle.net - Elkhorn City,Kentucky

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