Got Oil? How 'bout Gas?

Forget the Middle East!

Quote:

---

The Permian Basin's Wolfcamp and Bone Spring formations in West Texas and New Mexico hold the most potential oil and gas resources ever assessed, the U.S. Interior Department said Thursday.

The region in the Permian's western Delaware Basin holds more than twice as much oil as the largest previous assessment - the Wolfcamp shale in the Permian's separate Midland Basin southeast of Midland. That study was completed two years ago.

To put the new results into perspective, the Delaware Basin's Wolfcamp and Bone Spring plays would hold almost seven times as much oil as North Dakota's Bakken shale.

The Wolfcamp shale and overlying Bone Spring in the Permian's booming Delaware Basin hold an estimate 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids, according to the U.S. Geological Survey's new assessment.

---

SOURCE

We have been tapping the Wolfcamp for about 10 years now. So far they have plotted out an upper and a lower Wolfcamp. Jim Henry of Henry Petroleum was one of the first to explore different ways of producing the Wolfcamp and has since sold those holdings to Concho and started drilling on some new leases he acquired. In fact I had our tools on every one of the leases in and around the "Chickadee" field described in this attached article. Actually the Beverly was the first well we put our tools on in the Permian Basin. He was combining older Sprayberry zones with the new Wolfcamp finds and making a killing and we started referring to it as Wolfberry. In the same area Pioneer had a well that was put on gas lift and was making 1000 bbls of oil a day, it lasted for about 2 years and they put it back on rodpump again. And the article does not completely stress how really tight lipped we all had to be during those first years. Words can't describe what a truly humble man he was, if you saw him in the field he was not dressed in a suit, he was wearing wranglers and a work shirt. Great find Mike

Quote:

---

It’s exciting, Henry said, but he bristled at another designation so often used to describe him: “The Father of the Wolfberry.” Really, that title belongs to a team of innovators who sometimes disagreed but managed in 2003 to unlock crude from tight rock considered an uneconomical no-man’s land.https://www.oaoa.com/inthepipeline/a...a4bcf6878.html

---

Attachment 36770Attachment 36771


The paraffin was so bad in these new wells that Chemical costs to prevent it were eating them up and hot oiling every month was also expensive. They brought us in to help them fight the paraffin problem and within one week we were showing positive results. They turned their chemical pumps off completely and only hot oiled 2 times a year just for maintenance.
Attachment 36772

Attachment 36773
In the background you can see the chemical tanks that would feed paraffin solvent into the flow line. I think they were putting about 5 - 10 gallons a day plus hot oiling once a month.

Cool!! Thank's James! and Mike