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Oil boom in Valley county

Big Muddy rancher

Well-known member
Here is a link to the Mon Dak oil review,
http://www.rockandrollroughneck.com/Rock_and_Roll_Roughneck/HOME.html

No Mention of Valley County. Strange.

183 rigs in ND
2 in SD
49 in Wyo.
11 in Montana

:?
 

Faster horses

Well-known member
Big Muddy rancher said:
Here is a link to the Mon Dak oil review,
http://www.rockandrollroughneck.com/Rock_and_Roll_Roughneck/HOME.html

No Mention of Valley County. Strange.

183 rigs in ND
2 in SD
49 in Wyo.
11 in Montana

:?

Is Valley County rural enough???? :p
 

kolanuraven

Well-known member
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

But, in Casper, things sure were hopping as I saw many many new houses and business signs going up all over the place.
 

Faster horses

Well-known member
kolanuraven said:
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

But, in Casper, things sure were hopping as I saw many many new houses and business signs going up all over the place.

Interesting.

We have a lot of new building going on here too. In fact, we have a huge hotel/motel that is just about done. It's pretty impressive for a town our size. Looks like it takes up a city block and it certainly might.
The little town is busy, busy--all because of oil and pipelines. Lots of work available here.
 

Whitewing

Well-known member
kolanuraven said:
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.
 

kolanuraven

Well-known member
Whitewing said:
kolanuraven said:
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.


This was not "a" pump....this was 90% of the ones I saw.

Before you start in on me, YES, I saw more than two!!!!








! :roll:
 

Whitewing

Well-known member
kolanuraven said:
Whitewing said:
kolanuraven said:
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.


This was not "a" pump....this was 90% of the ones I saw.

Before you start in on me, YES, I saw more than two!!!!








! :roll:

Sensitive, aren't we.

For what it's worth, the thread is about active rigs running...ie, those drilling in either exploratory or production mode. A drilling rig is not a pump. Two different animals.

And what exactly is the point about so many of the pumps idle? While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now. I haven't checked oil prices in some time.....are they low or high?
 

Steve

Well-known member
While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now.

Could the wells be idle due to lack of storage, pipeline, truck, or train capacity to get it from well head to refinery?
 

Silver

Well-known member
Steve said:
While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now.

Could the wells be idle due to lack of storage, pipeline, truck, or train capacity to get it from well head to refinery?

Yes, there are a million possible reasons for fields being down. Plant turnarounds, power outages, pipeline issues, any kind of problem at the plant can shut in all the wells in the field. Idle jacks are no indication of anything other than idle jacks.
 

Whitewing

Well-known member
Silver said:
Steve said:
While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now.

Could the wells be idle due to lack of storage, pipeline, truck, or train capacity to get it from well head to refinery?

Yes, there are a million possible reasons for fields being down. Plant turnarounds, power outages, pipeline issues, any kind of problem at the plant can shut in all the wells in the field. Idle jacks are no indication of anything other than idle jacks.

^this^
 

gcreekrch

Well-known member
Whitewing said:
kolanuraven said:
Whitewing said:
A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.


This was not "a" pump....this was 90% of the ones I saw.

Before you start in on me, YES, I saw more than two!!!!








! :roll:

Sensitive, aren't we.

For what it's worth, the thread is about active rigs running...ie, those drilling in either exploratory or production mode. A drilling rig is not a pump. Two different animals.

And what exactly is the point about so many of the pumps idle? While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now. I haven't checked oil prices in some time.....are they low or high?

Crude was at $106 and change yesterday. The gas pumps in Vancouver jumped their price to $1.52 per litre yesterday. That should be good for the economy. :wink:
 

littlejoe

Well-known member
Whitewing said:
kolanuraven said:
Whitewing said:
A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.


This was not "a" pump....this was 90% of the ones I saw.

Before you start in on me, YES, I saw more than two!!!!








! :roll:

Sensitive, aren't we.

For what it's worth, the thread is about active rigs running...ie, those drilling in either exploratory or production mode. A drilling rig is not a pump. Two different animals.

And what exactly is the point about so many of the pumps idle? While there's a point where the cost to operate the pump exceeds the return in oil produced, hard to imagine that all of them are at that point now. I haven't checked oil prices in some time.....are they low or high?

Oil is like any other commodity---basis depending on location, discount for grade. N Dakota, southern Canada have basically got a glut----need the pipeline. As for prices: I play in a modest way. New well @ taber; $54 in December, currently $92---I was in Calgary Friday, crashed at clareshome in way home, then cut thru the porcupine hills and crossed below waterton---country looks beautiful
 

Whitewing

Well-known member
Sure is a shame all those greenie-weenies and pub NIMBY's are holding up that pipeline. I wouldn't believe that to be the case except that I got that information from a reliable source. :lol:
 

Mike

Well-known member
Whitewing said:
Sure is a shame all those greenie-weenies and pub NIMBY's are holding up that pipeline. I wouldn't believe that to be the case except that I got that information from a reliable source. :lol:

Yea, rrrrrrrright! :lol:
 

littlejoe

Well-known member
Whitewing said:
Sure is a shame all those greenie-weenies and pub NIMBY's are holding up that pipeline. I wouldn't believe that to be the case except that I got that information from a reliable source. :lol:

energy site, if you're interested
http://321energy.com/index.php

for the first time in about 3 yrs, wti---west texas intermediate---is trading on par with brent crude---was off by over 20$ as recently as feb----who's that ol' boy gives market report "Higher and Higher!"??

Like trucks----to make money, dont' gotta run fast, just gotta run steady---80-90$$ oil works for me, very well! Volotility and wild swings neither needed nor desired
 

Faster horses

Well-known member
kolanuraven said:
Whitewing said:
kolanuraven said:
I think I saw all 49 last week in WY.

But, most of the pump jackz were not pumping though. Even the new ones were idle and gas prices went up that same week.

A pump jack not pumping does not mean there's no production. Some wells produce on their own intermittingly and when they do, the pumps stop automatically.


This was not "a" pump....this was 90% of the ones I saw.

Before you start in on me, YES, I saw more than two!!!!








! :roll:

I was curious about those wells ALL not pumping as I grew up in that area. I know a lady who is involved in the oil/pipeline business, lives in Casper, Wy and I had a chance to ask her about your not seeing any pumps pumping oil in that area. Here is her response:

"Have no idea what she is talking about - wells are pumping everywhere & more are being drilled every day. Maybe you could find out more info from her."

So I don't know why you didn't see any wells pumping. Strange.
 

Tam

Well-known member
Maybe they were put on furlough due to the sequestration through Executive Order, seems to be why nothing and nobody else is working, Air Traffic Controllers, Police, Fireman, National Guard, White House Tour guides and Now Oil Field Pump jacks seems reasonable doesn't it? Beside how can Obama push the need for green energy when all those pump jacks are pumping the energy that runs the country. :wink:
 
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