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RE: Ya'll need some Awl? We got some.
If you mean 'shale oil' best to be clear.
that's like saying 'horse power' when you only mean a real horse.
words matter.
but you're still wrong ...once the well has been drilled, the cost is , pardon the term. SUNK.
it doesn't matter what the price of oil is from that point on. That oil well just keeps on pumping till it runs dry.
- Oil and gas fields generally have a lifespan ranging from 15 to 30 years,
No NEW wells are drilled when the price reaches a certain point...
BUT WAIT...There's MORE.
?
what was once impossibly difficult/expensive is suddenly SO last wednesday....easy peasy and cheap.
Wait till you see what we anticipate NEXT week.
The oil and gas industry is at the bleeding edge of technology.
(especially in Texas)
..let me do some digging.....but not for oil..
consider 'pneumatic steerable drill heads' in your spare time.
funny you should say that, as that's exactly what I was thinking of considering..
😂
we'll talk about lasers, teleoperation, and downhole XRay defraction gradients some other time.
(SO thirty years ago...imagine what they have now)
(of of my brothers was a petroleum engineer...the other one was a geo physicist)
You can, but I'm not!
lol
...So you had a brother who was an engineer and made from petroleum. I'll guarantee he was a non.
smoker.
Having your cigar out on the porch is starting to make sense now...
(...I'll get back to you on the geo physicist..)