tag:blogger.com,1999:blog-5251183560375528307.post8766335658137886680..comments2024-03-28T10:30:02.679-05:00Comments on Bit Tooth Energy: OGPSS - Future Bakken production and hydrofrackingHeading Outhttp://www.blogger.com/profile/01790783659594652657noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5251183560375528307.post-27029472911560414012013-02-13T11:16:16.388-06:002013-02-13T11:16:16.388-06:00The internal pressure within the reservoir can com...The internal pressure within the reservoir can come from a number of different factors, some have both oil and gas, and some have only one, so the drivers will vary. And because permeabilities, outside of the fracture networks are so low, so the dynamic becomes more complicated with time.<br /><br />There are some sweet spots in the different fields which can be quite lucrative, and there is also the need for companies such as Exxon to maintain inventory, as their current reserves decline.Heading Outhttps://www.blogger.com/profile/01790783659594652657noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-30242205406523404802013-02-11T18:33:32.329-06:002013-02-11T18:33:32.329-06:00One of the things that is not clear to me is what ...One of the things that is not clear to me is what the drive mechanism is for these different tight oil plays. This is a reservoir engneering classic issue. Is it water drive from an infinite aquifer or is dissolved gas drive or gas cap drive?<br /><br />And the nig question for skeptics of shale production is - is the economics are so bad, why did Exxon pay $30B for XTC Energy?buck smithhttps://www.blogger.com/profile/10165817144159425547noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-63420674647196360082013-02-10T20:31:42.443-06:002013-02-10T20:31:42.443-06:00While that is true, the condition that you impose ...While that is true, the condition that you impose may well be more onerous than you suggest. That, at least, was a part of the message of the post.Heading Outhttps://www.blogger.com/profile/01790783659594652657noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-25982338614375507182013-02-09T08:37:23.712-06:002013-02-09T08:37:23.712-06:00but if the cost to operate 170 or 250 rigs is much...but if the cost to operate 170 or 250 rigs is much less than the value of the oil produced they have a good sustainable business.buck smithhttps://www.blogger.com/profile/10165817144159425547noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-26473722052812024992013-02-08T18:49:15.974-06:002013-02-08T18:49:15.974-06:00This comment has been removed by the author.buck smithhttps://www.blogger.com/profile/10165817144159425547noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-82911255356186403402013-02-07T12:13:00.968-06:002013-02-07T12:13:00.968-06:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/01273994300297401909noreply@blogger.com