Wednesday, September 2, 2020

Random Example Of The "Halo Effect" -- September 2, 2020

 The "halo effect" was not particularly remarkable in this well, but it was present, nonetheless. Note: I am calling it a "halo effect" but not attributing the "halo effect" to anything specific. I'm only saying that this well showed a jump in production after returning to production after neighboring wells were fracked. Some of this jump in production is simply due to "pent up" pressure having been off lien for a few months. But in my mind, I don't care what causes the halo effect: for the mom-and-pop mineral owners it's a pleasant surprise. There had been so much talk that new, neighboring wells would have a negative impact on older wells. 

This completely violates Hubbert's peak oil law which was said to apply from the single well to the oil field to the oil basin to the global oil production. 

Much more could be said; I will leave it at that for now.

Example of the halo effect:

  • 19996, 1,148, Slawson, Alamo 2-19-18H, Big Bend, t6/11; cum 547K 7/20; off line 5/20; returning to production 7/20;
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