Thread: North Dakota Oil
Hybrid View
-
07-02-2008 10:18 PM #1
The horizontal technology has been around a while too, although constantly being refined I'm sure. All of the Northern Alaska fields were drilled horizontal. We were doing that 25-30 years ago. Usually around 20 wells on one work pad. Drill a hole, move over 40 or so feet and rill another one. I was long gone from the oil rigs when they perfecter the coil a decade ago. Also those holes weren't as deep as the williston basin oil.
My guess is the $130 a barrel prices had more to do with the field coming on line that the advance of the technology.






LinkBack URL
About LinkBacks
Reply With Quote
Turn out the lights, the party's over THIS PLACE IS DEAD!
Dead!