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New drilling method opens vast oil fields in US
Yahoo ^

Posted on 02/10/2011 11:22:08 AM PST by Weird Tolkienish Figure

A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: bakken; drill; drilling; energy; epa; gas; oil; shale; shaleoil
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1 posted on 02/10/2011 11:22:13 AM PST by Weird Tolkienish Figure
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To: Weird Tolkienish Figure

Nice timing after yesterdays announcement that Saudi Arabia has about 40% less reserves than people thought they did.


2 posted on 02/10/2011 11:23:45 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
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To: Weird Tolkienish Figure

We tend to forget an old adage:

“Necessity is the mother of invention.”

There’s another aspect; a lot can be done if the price is right.


3 posted on 02/10/2011 11:24:22 AM PST by Ole Okie
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To: Weird Tolkienish Figure; sully777; vigl; Cagey; Abathar; A. Patriot; B Knotts; getsoutalive; ...

Rest In Peace, old friend, your work is finished.....

If you want ON or OFF the DIESEL ”KnOcK” LIST just FReepmail me.....

This is a fairly HIGH VOLUME ping list on some days.....

4 posted on 02/10/2011 11:25:10 AM PST by Red Badger (Want to be surprised? Google your own name. Want to have fun? Google your friend's names.....)
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To: Weird Tolkienish Figure

How long before the EPA makes it illegal?


5 posted on 02/10/2011 11:26:20 AM PST by Moonman62 (Half of all Americans are above average. Politicians come from the other half.)
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To: Weird Tolkienish Figure

And because it helps the US domestic energy business and involves fracking, we can be reasonably well assured that Obama, his EPA and Interior Department will all move to try to make darn sure that this never comes to pass. It’s not “green energy”, like unicorn breath and similar Obama-approved forms.


6 posted on 02/10/2011 11:27:31 AM PST by rockvillem
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To: Abathar

Obama Administration Blocking 103 Gulf Drilling Permits

http://www.freerepublic.com/focus/f-news/2668165/posts

Judge Holds Interior Dept. in Contempt Over Ban

http://www.freerepublic.com/focus/f-news/2667719/posts

Brother Barry and his EPA Circus will find some way to stop this.


7 posted on 02/10/2011 11:30:53 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Moonman62
How long before the EPA makes it illegal?

They will wait until a large amount of capital is sunk first.

8 posted on 02/10/2011 11:33:43 AM PST by SampleMan (If all of the people currently oppressed shared a common geography, bullets would already be flying.)
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To: Weird Tolkienish Figure

How long will it take for the Environmental Whackos to try and shut this down?


9 posted on 02/10/2011 11:35:58 AM PST by Old Retired Army Guy
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To: Weird Tolkienish Figure

It’s not new...and NY and Penn have already said...don’t even think about it...


10 posted on 02/10/2011 11:39:07 AM PST by Sacajaweau
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To: thackney

Ping.


11 posted on 02/10/2011 11:40:00 AM PST by Army Air Corps (Four fried chickens and a coke)
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To: Ole Okie

“hydraulic fracturing has been used for over 60 years in more than one million wells.” (from Wikipedia)

I guess if the reporter has never heard of something before, it must be ‘new’.


12 posted on 02/10/2011 11:40:00 AM PST by Ed Condon (Give 'em a heading, an altitude, and a reason.)
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To: Moonman62

It uses hydraulic fracturing of formations; the econuts are already spreading lies about it, and have for several years.

There were several “concern trolls” on FreeRepublic, even spreading pseudo science crap.


13 posted on 02/10/2011 11:41:32 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Ole Okie

And.... Capitalism works every time it’s tried.


14 posted on 02/10/2011 11:41:49 AM PST by upsdriver (to undo the damage the "intellectual elites" have done. . . . . Sarah Palin for President!)
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To: Ed Condon

It’s new, in that it’s much more adavanced and uses some sort of propant.

This same procedure has opened up gas fields in Israel. There is a Freeper who is actively involved, but I do not recall which one.


15 posted on 02/10/2011 11:43:46 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Ole Okie

“We tend to forget an old adage:

“Necessity is the mother of invention.”

Was that ever true when Hitler during WWII made coal into gasoline for his Panzers as access to oil was blocked and South Africa during Apartheid did the same as no one wished to sell them oil.

Yep, those were necessary times to them.


16 posted on 02/10/2011 11:45:04 AM PST by bestintxas (Somewhere in Kenya, a Village is missing its Idiot.)
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To: Weird Tolkienish Figure
Oil engineers are applying what critics say is an environmentally questionable method developed in recent years

It is not a recent method, fracking has been around for decades. This is just the global-warming types doing anything they can to try and block the development of this resource.

17 posted on 02/10/2011 11:45:58 AM PST by dirtboy
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To: Abathar

True, but that’s based on the type of extraction being used in Saudi Arabia now. What if Saudi Arabia starts to use the type of extraction mentioned in the article and/or uses pressurized gas/liquid detergent injection into wells? That could increase the Saudi reserves by 50% or more!


18 posted on 02/10/2011 11:46:36 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: Ed Condon
“hydraulic fracturing has been used for over 60 years in more than one million wells.” (from Wikipedia)

I guess if the reporter has never heard of something before, it must be ‘new’.

Above post made by someone that has no knowlege of oil recovery processes and thinks he is an expert because he read wikipedis ....

19 posted on 02/10/2011 11:47:20 AM PST by SeeSac
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To: dirtboy
It is not a recent method, fracking has been around for decades.

If it has been around for decades, why are they suddenly being able to increase production?????

Perhaps there is more to the technology than you are aware of????? Perhaps????

20 posted on 02/10/2011 11:49:27 AM PST by SeeSac
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To: Weird Tolkienish Figure

We also need to build REFINERIES! No new ones have been built for at least a generation.


21 posted on 02/10/2011 11:49:55 AM PST by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: SeeSac
If it has been around for decades, why are they suddenly being able to increase production?????

It is being coupled with directional drilling, which allows the well bore to go horizontally through the formation, which significantly increases the amount of the formation that can be fractured, thereby making the well viable.

Perhaps there is more to the technology than you are aware of????? Perhaps????

You ought to spend more time reading FR and less watching Gasland.

22 posted on 02/10/2011 11:53:50 AM PST by dirtboy
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To: SeeSac
Above post made by someone that has no knowlege of oil recovery processes and thinks he is an expert because he read wikipedis ....

Dude, if you are here to spout the typical anti-fracking propaganda, realize that we do have actual experts on this subject here on FR - folks who work in the industry instead of in DC enviro think tanks. Anti-fracking trolls don't fare well here as a result. I believe the proper technical phrase is that they get their a**es handed to them.

23 posted on 02/10/2011 11:56:36 AM PST by dirtboy
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To: Moonman62

The individual states need to push back on the EPA. If states would quit taking candy from the federal government they could tell the feds to go take a hike. Especially if it’s unconstitutional.


24 posted on 02/10/2011 11:58:01 AM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: dirtboy

Thanks for the support Dirtboy, first became aware of fracking over 30 years ago in NW Penna. SW New York.

Wellsville, Oil City, Warren area.


25 posted on 02/10/2011 12:02:30 PM PST by Ed Condon (Give 'em a heading, an altitude, and a reason.)
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To: Ed Condon

Thirty years ago, I was studying in Oklahoma to become a petroleum geologist, and fracking was well-established back then. The anti-fracking folks just play on their typical hype and fear while obscuring their underlying agenda - their hatred of the American lifestyle.


26 posted on 02/10/2011 12:06:02 PM PST by dirtboy
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To: dirtboy

I have no faith in anyone who sees the need for 5 question marks after all his sentences.


27 posted on 02/10/2011 12:08:27 PM PST by Weird Tolkienish Figure
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To: Weird Tolkienish Figure
Related article:

Oil-Drilling Boom Under Way

28 posted on 02/10/2011 12:19:09 PM PST by CedarDave (What is DADT? Obama's response when inquiries are made about his birth certificate.)
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To: Moonman62

Defund the EPA!


29 posted on 02/10/2011 12:23:54 PM PST by blackie (Be Well~Be Armed~Be Safe~Molon Labe!)
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To: Moonman62

It’s time businesses and corporations tell the epa to take a flying leap and do what’s best for Americans and America and not what keeps the epa in business. Get rid of the elected in dc who are doing the epa’s bidding.


30 posted on 02/10/2011 12:30:09 PM PST by tillacum (The American military keeps us free, not the politicians or media. Praise Be for them.)
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To: WOBBLY BOB

It’s time for Americans to overload our elected with OUR wishes instead of the elected kneeling before the Mess-I-UGH and his minions to destroy our entrepreneurs.


31 posted on 02/10/2011 12:36:17 PM PST by tillacum (The American military keeps us free, not the politicians or media. Praise Be for them.)
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To: Weird Tolkienish Figure

Wow! Sounds like the Gold Rush where the piece is describing the workers’ camps.


32 posted on 02/10/2011 12:43:20 PM PST by Bigg Red (Palin in 2012)
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To: Moonman62
My take as well -

The title is incorrect, it should say

New drilling method would open vast oil fields in US,
if energy policy allowed.

33 posted on 02/10/2011 12:44:52 PM PST by MrB (Tagline suspended for important announcement on my home page. Click my handle.)
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To: tillacum

Actually, it’s time for the STATES to tell the EPA to take a flying leap,
and welcome any and all businesses within their borders.


34 posted on 02/10/2011 12:46:13 PM PST by MrB (Tagline suspended for important announcement on my home page. Click my handle.)
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To: Weird Tolkienish Figure
Great news, but the better news is the cheap price and huge supply of Natural Gas, as mentioned in the article.

Now is the time to get CNG cars and trucks built and to the market.. We need more than just the CNG powered Honda Civic.

Fill up at your home with no gas tax.

35 posted on 02/10/2011 12:48:20 PM PST by muleskinner
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To: Jewbacca

It is the cause de jour among the tight spinchtered females who are convinced their lives will be meaningless unless they make a difference.

Stream monitoring is old and fracking is something new to get upset about. The possibility for endless emails and texts is positively overwhelming. Self esteem growth is possible beyond measure


36 posted on 02/10/2011 12:54:48 PM PST by bert (K.E. N.P. N.C. D.E. +12 .....( History is a process, not an event ))
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To: Weird Tolkienish Figure
Has Bambi declared a moratorium on drilling there yet?


Today is a good day to die.
I didn't say for whom.

37 posted on 02/10/2011 1:20:38 PM PST by The Comedian (Muslim Brotherhood = A.N.S.W.E.R = Soros = Obama)
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To: Weird Tolkienish Figure
The fields are attracting billions of dollars of investment from foreign oil giants like Royal Dutch Shell, BP and Norway's Statoil, and also from the smaller U.S. drillers who developed the new techniques like Chesapeake, EOG Resources and Occidental Petroleum. Last month China's state-owned oil company CNOOC agreed to pay Chesapeake $570 million for a one-third stake in a drilling project in the Niobrara. This followed a $1 billion deal in October between the two companies on a project in the Eagle Ford.

Why are we allowing foreigners to move in on this and make money and acquire (steal in the case of the ChiComs) our drilling technology?|
Where is the pride?
Americans don't have much these days so why should we expect immigrants to look at America as more than a country of convenience. A place to make a score
If it were up to me only American companies would be in this game. eff globalism

When a country like Nigeria invites foreign oil companies in this is understandable. Because they don't have the oil exploration and engineering abilities that Europeans and American companies do.

38 posted on 02/10/2011 1:32:34 PM PST by dennisw (- - - -He who does not economize will have to agonize - - - - - Confucius)
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To: Old Retired Army Guy
How long will it take for the Environmental Whackos to try and shut this down?

"Environmentalists fear ..."

Stated already.

39 posted on 02/10/2011 2:23:21 PM PST by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|Why are TSA exempt from their own searches?)
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To: Ed Condon
“hydraulic fracturing has been used for over 60 years in more than one million wells.”

I started working in the oil industry nearly 60 years ago, and we were fracturing then.

I get the impression that the gummit has just discovered that tight wells get fractured.

40 posted on 02/10/2011 3:11:59 PM PST by Ole Okie
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To: Jewbacca

Are you thinking of Smokin Joe?


41 posted on 02/10/2011 4:20:26 PM PST by Recon Dad ( Zero point two... Fat, drunk and stupid is no way to go through life, son)
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To: MrB

Roll the calendar ahead 2 years from today and we have a true conservative in the white house and the dismantling of the EPA, Interior and the Engery Departments has started.
The question is what will be the price of a barrel of oil.

The gulf and Alaska start to flow.....

(From my lips to God’s ears)


42 posted on 02/10/2011 4:34:33 PM PST by Recon Dad ( Zero point two... Fat, drunk and stupid is no way to go through life, son)
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To: MrB

YEP. We are paying their saleries to tell us what we can and cannot have. Seems strange to me. I paid salaries to employees to do MY bidding, not theirs. The epa is our employees, not our dictators, as they are want to believe.
I’ve printed this before. I read an article some years ago whereby an EPA employee stated they (epa) wanted the same fearsome authority of fear as did the IRS over American citizens. Now, I do believe the epa has a lot of our elected in dc to do their bidding, by making laws that do no good for the American economy.


43 posted on 02/10/2011 6:05:50 PM PST by tillacum (The American military keeps us free, not the politicians or media. Praise Be for them.)
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To: RayChuang88
"True, but that’s based on the type of extraction being used in Saudi Arabia now. What if Saudi Arabia starts to use the type of extraction mentioned in the article and/or uses pressurized gas/liquid detergent injection into wells? That could increase the Saudi reserves by 50% or more!"

Much of how well it works depends on the type of rock formations you are trying to do it in. I know it works in some places here, but I don't know if that is true there or not. Seems that if it was then they would be all over it.

44 posted on 02/11/2011 4:46:21 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
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To: Abathar
The thing is up until now, there was no need for hydraulic fracturing to extract oil from the Saudi Arabian oilfields. But since the "easy to pump out" oil is running low, Saudi Aramco will need to start using these new extraction methods, which could recover a MASSIVE amount of oil not only in current oilfields, but potential oilfields in that country that were deemed uneconomic to extract from in the past.
45 posted on 02/11/2011 5:12:30 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: Recon Dad

Maybe. He’s a Jewish poster, if that helps.


46 posted on 02/11/2011 7:57:02 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: dirtboy

Thanks for the compliment.......


47 posted on 02/11/2011 8:05:13 AM PST by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
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To: Recon Dad; Smokin' Joe

Smokin Joe is in the Williston Basin with me.......


48 posted on 02/11/2011 8:06:47 AM PST by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
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To: PSYCHO-FREEP

I’m envious!


49 posted on 02/11/2011 8:22:04 AM PST by Recon Dad ( Zero point two... Fat, drunk and stupid is no way to go through life, son)
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To: Jewbacca

Just got word that Smokin’Joe is out drilling in the Williston Basin right now.


50 posted on 02/11/2011 8:25:15 AM PST by Recon Dad ( Zero point two... Fat, drunk and stupid is no way to go through life, son)
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