Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The California Shale Bubble Just Burst
Real Clear Energy ^ | May 21, 2014 | Nick Cunningham

Posted on 05/22/2014 5:46:52 AM PDT by thackney

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-83 next last
To: thackney

They a iodized wells before cracking. Run the pipe, perforate, acidified then frack.


41 posted on 05/22/2014 8:11:21 AM PDT by DainBramage
[ Post Reply | Private Reply | To 12 | View Replies]

To: thackney
the statistical arm of the Department of Energy - has downgraded its estimate of the total amount of recoverable oil in the Monterey Shale by a whopping 96 percent

Why is that any surprise?

Is it a coincidence that unemployment rates "plunged" just before the 2012 election?

Is it a coincidence that obummercare enrollments suddenly surged above the "magic 6 million" mark on the last day of program enrollment?

I'll bet obummer never knew about this until he heard about it in the news.

42 posted on 05/22/2014 8:11:28 AM PDT by pfflier
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChessExpert

-— According to the article, it takes as much water to frack a well as to meet the needs of a family of four. Is that a lot? How much oil and gas would they get from that well? -—

It’s hard to know what they mean. Most of the water is reclaimed, but a percentage remains deep underground in the formation, thousands of feet below the water table, where it will stay virtually forever. I don’t know how big that percentage is. It’s the only practical downside to fracking.


43 posted on 05/22/2014 8:12:10 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
[ Post Reply | Private Reply | To 30 | View Replies]

To: All


Help FR Continue the Conservative Fight!
Your Monthly and Quarterly Donations
Help Keep FR In the Battle!

Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


44 posted on 05/22/2014 8:14:31 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 43 | View Replies]

To: thackney
Fracking involves enormous quantities of water; an average of 127,127 gallons of water were required to frack a single California well in 2013, according to the Western States Petroleum Association. That's equivalent to 87 percent of the water a family of four uses in an entire year.

They can actually frack an entire well with less water than a family of four uses in a single year?!

Seriously, that's a figurative drop in the bucket.

45 posted on 05/22/2014 8:17:46 AM PDT by dead (I've got my eye out for Mullah Omar.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: St_Thomas_Aquinas
but a percentage remains deep underground in the formation, thousands of feet below the water table, where it will stay virtually forever.

The water used in the hydrofrac comes out. Most of it comes out in the hydraulic fracturing process. What little remains after that point comes out in the production. It is pushed in from the play to the well bore. The production from the field is going to push it all back out.

Where hydrofrac water is left in the ground is the disposal of the water along with produced water during production. It is injected into deep formation, but this is not an injection into a producing well.

46 posted on 05/22/2014 8:21:48 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 43 | View Replies]

To: Amadeo
I knew that number was ridiculously low.

It's revealing that even that miniscule amount of water was consider too much to the author of this article. Even when converted into a "less than a family of four uses in a year" concept, it was still too much.

47 posted on 05/22/2014 8:22:44 AM PDT by dead (I've got my eye out for Mullah Omar.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: thackney

to me this is a free enterprise issue. If the companies want to go for it. let them invest and drill. If they don’t believe it is profitable, they won’t. Case closed.


48 posted on 05/22/2014 8:28:11 AM PDT by morphing libertarian ( On to impeachment and removal (IRS, Benghazi)!!!)
[ Post Reply | Private Reply | To 18 | View Replies]

To: thackney

They haven’t mentioned anything about water used in drilling, cement, acidiizing, drilling out any plugs, etc. Just the frac job. I have no idea how many zones they can produce from out there, but here in Texas often times more than one, though some are fairly small.
From the article I surmise the author doesn’t know his ass from a hole in the ground.
Some of what’s pumped gallon wise during a frac is sand and gel, not just water. But at today’s prices, I’m sure the benefits out weigh the price of disposal.


49 posted on 05/22/2014 8:30:04 AM PDT by DainBramage
[ Post Reply | Private Reply | To 46 | View Replies]

To: morphing libertarian
A few have been. The concern is for the investor, what is the likely return on individual wells costing millions of dollars.

Some argue the original over inflated estimate was used to get investors based upon the unreasonable claim it would be as “easy” as the Bakken and Eagle Ford, relatively flat stable geological formations.

50 posted on 05/22/2014 8:32:09 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 48 | View Replies]

To: wita

Exactly & WHO places one ounce of credibility in ANYTHING the federal gov’t has a hand in?


51 posted on 05/22/2014 8:33:56 AM PDT by Cen-Tejas (it's the debt bomb stupid!)
[ Post Reply | Private Reply | To 28 | View Replies]

To: DainBramage

I think the long term amount of water produced during the oil/gas production is many, many times greater than the water used during the initial (and including any subsequent) hydraulic fracturing.


52 posted on 05/22/2014 8:34:11 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 49 | View Replies]

To: Cen-Tejas

In the US oil/gas world, the Energy Information Adminstration, a part of the Department of Energy, is the best source of data. Almost all private analysis for a general area is based upon their data and has been for decades.


53 posted on 05/22/2014 8:36:24 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 51 | View Replies]

To: thackney

should be a company decision reflecting the will of the shareholders and not the government’s responsibility to evaluate.


54 posted on 05/22/2014 8:43:49 AM PDT by morphing libertarian ( On to impeachment and removal (IRS, Benghazi)!!!)
[ Post Reply | Private Reply | To 50 | View Replies]

To: thackney

I know we have some folks here who’ve worked in the oil industry. I’d be more interested in what the industry is saying about the feasability of recovering oil that a bunch of FedGov fags.


55 posted on 05/22/2014 8:47:14 AM PDT by zeugma (Don't cry because it's over, smile because it happened - Dr. Seuss)
[ Post Reply | Private Reply | To 1 | View Replies]

To: morphing libertarian

Typically, the company decision is based upon some data.

One of the ways we get more energy production in the US is by more private investment.

The oil/gas industry requires a lot of data back for the permits. Rather than the few giants gathering and keeping on the geological data, it is made publicly available and helps spur investment by smaller companies who could never afford to due that massive research, or get access to the data.

It is one of the reasons why the US production rate versus our reserves are so much higher than most of the major producers around the world.


56 posted on 05/22/2014 8:49:43 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 54 | View Replies]

To: thackney

Decision to invest is private concern not government.


57 posted on 05/22/2014 8:52:21 AM PDT by morphing libertarian ( On to impeachment and removal (IRS, Benghazi)!!!)
[ Post Reply | Private Reply | To 56 | View Replies]

To: thackney

58 posted on 05/22/2014 9:05:24 AM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bert
I suspect political chicanery

I was thinking that Pelosi was involved in withholding the water from the farms in the valley. The farms dried up and values went down.

I wonder if her wealthy husband and family were thinking of making some major investments in the distressed properties.

59 posted on 05/22/2014 9:12:37 AM PDT by oldbrowser (This looks like a make it or break it point for America.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: morphing libertarian

Would you say it is not appropriate for the government to provide maps for navigable waterways?

Wind Speed Maps or Seismic maps for Building and Structure designs?

This isn’t about making the decision, it is providing data to the public which spurs private investment and grows our economy.


60 posted on 05/22/2014 9:12:44 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 57 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-83 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson