Sunday, July 30, 2017

Re-Fracking Works -- USA News -- July 30, 2017

I don't recall if I've previously posted this. From US News: applying new fracking techniques to older wells in the Bakken works. Data points:
  • North Dakota Pipeline Authority made the analysis
  • targeting wells originally drilled between 2008 and 2010
  • most of the 140 wells in the Bakken that have been refractured saw an increase in oil production from 200,000 to 250,000 barrels
  • companies will typically want to see at least an additional 200,000 barrels of oil to justify the investment 
The link to The Bismarck Tribune article is here.

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2 comments:

  1. Don't fail to link through to the original article in the 'Bismarck Tribune,' as there are some jewels there I'm sure you will like:

    http://bismarcktribune.com/news/state-and-regional/new-technology-could-recover-more-oil-from-early-bakken-wells/article_13e7bb72-0e71-51dc-a503-f71e69f60d40.html

    "North Dakota legislators also are interested in the potential for refracturing existing oil wells and are planning a study during the interim focused on the fiscal impact to the state.

    Sen. Kelly Armstrong, R-Dickinson, said recovering more oil would mean more tax revenue and more jobs.

    “We are only getting a small, small amount of the total potential reserve down there,” Armstrong said. “Everybody would benefit if we could figure out a way to recover more.”

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    Replies
    1. Thank you. I was remiss in not providing that link. I did go to the original article and noted the same thing; I should have provided the link to make it easier. But it's there now. Thank you.

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